Time Utilization definition

Time Utilization means the ratio, calculated on a monthly basis for Xxxxx and its Subsidiaries, of (i) the average number of units of aerial lift rental equipment on rent during such month divided by (ii) the average number of units of aerial lift rental equipment available for rent during such month; provided, however, that such calculation of such equipment which is available for rent shall exclude (1) for purposes of Section 8.21(a), any unit of rental equipment that (a) is in transit to, from or between rental locations and (b) is not available for rental because it is being maintained or serviced, such maintenance or service period not to extend longer than ninety (90) days, and (2) for purposes of Section 6.2(k)(ix), any unit of rental equipment while such unit is reflected in Xxxxx’x ledger accounts under “Equipment Down Long Term”.
Sample 1
Time Utilization means the ratio, calculated on a monthly basis for Xxxxx and its Subsidiaries, of (i) the average number of units on rent during such month divided by (ii) the average number of units available for rent during such month.
Sample 1

Examples of Time Utilization in a sentence

  • Beneficiary Utilization and Experience with Pre- and Post-Natal Obstetric ServicesUtilization of Pre-and Post-Natal Obstetrics Has Remained Stable Over Time Utilization of pre- and post-natal obstetric services was calculated using the number of unique beneficiaries receiving these services, divided by the number of women of child-bearing age (ages 15 to44) in each study year.

  • Time Utilization Information Professional Responsibility Negotiating Committee List of Union Representatives ARTICLE Accident Prevention Health and Safety Committee ARTICLE Letters of Reprimand and Access to Files Probationary Seniority List Seniority Transfer of Seniority..

  • Topics included: Time Utilization, Staffing Structure, Space Utilization, Program Design, Data, Assessment & Grading, Culture & Climate, and Community Engagement.

  • The President of Local or designate shall be a member of the Hospital Fiscal Advisory Committee Part Time Utilization Information The Hospital agrees to supply the local union with hours utilization by department, at the time specified for the posting of seniority lists.

  • Refer to PD 02.02.100, "Time Utilization and Compensation" for more information.Administrative leave may be granted only in accordance with PD 02.02.101 "Administrative Leave."All sick leave used must be certified by the employee.

  • The Brevard Federation of Teachers and Brevard Public Schools will create a jointly agreed upon presentation to be provided to all supervisors and members of the bargaining unit prior to the first (1st) day of school annually on Compensation Time Utilization.

  • Day-Hour Time Utilization Grid; SAS Visual Analytics object: Crosstab with Display rules Figure 13.

  • Time Utilization by Clock hour; SAS Visual Analytics object: Bar Chart with Target line showing the KPI Goal Figure 11.

  • First, we can define the utilization of each process according to Equation (1):Execution Time ,Utilization = NRD × TRd + NWR × TWr (1) where NRD and NWR are the read and the write counts, respectively, and TRd and TWr represent the latencies of the LLC read and the write operation, respectively.

  • Time Utilization: Tasks Categories – Productive and Unproductive Time Use 22 SUSTAIN | Strengthening Uganda’s Systems for Treating AIDS Nationally Figure 5.

Related to Time Utilization

  • Borrowing Base Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the sum of the Revolving Credit Exposures of the Lenders on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Applicable Utilization Fee means, as of any date that the aggregate Advances exceed 33% of the aggregate Commitments, a percentage per annum determined by reference to the Public Debt Rating in effect on such date as set forth below: -------------------------------- ----------------------------- Public Debt Rating Applicable S&P/Moody's Utilization Fee -------------------------------- ----------------------------- Level 1 BBB+ or Baa1 or above 0.125% -------------------------------- ----------------------------- Level 2 BBB or Baa2 0.250% -------------------------------- ----------------------------- Level 3 BBB- and Baa3 0.000% -------------------------------- ----------------------------- Level 4 BBB- or Baa3 0.000% -------------------------------- ----------------------------- Level 5 BB+ and Ba1 0.000% -------------------------------- ----------------------------- Level 6 Lower than Level 5 0.000% -------------------------------- -----------------------------

  • Applicable Utilization Fee Rate means, as of any date, the percentage rate per annum at which Utilization Fees accrue on all Revolving Credit Advances at such time as set forth in the Pricing Schedule.

  • Non-Utilization Fee has the meaning assigned thereto in the Pricing Side Letter.

  • Commitment Utilization Percentage means on any day the percentage equivalent to a fraction (a) the numerator of which is the aggregate outstanding principal amount of Revolving Credit Loans, including the aggregate outstanding principal amount of Letters of Credit, Swingline Loans and Competitive Loans, and (b) the denominator of which is the Total Commitment (or, on any day after termination of the Commitments, the Total Commitment in effect immediately preceding such termination).

  • Utilization of genetic resources means to conduct research and development, [conservation, collection, characterization, among others,] [including commercialization] on the genetic and/or biochemical composition of genetic resources, and [traditional knowledge associated with genetic resources] [including through the application of biotechnology] [as defined in Article 2 of the Convention on Biological Diversity].]

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).

  • Utilization Fee Rate means the percentage set forth in Schedule 1 hereto beside the then applicable Level.

  • Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the Facility Usage on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • System Availability for each System is calculated as follows:

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Fertilization means the fusion of a human spermatozoon with a human ovum.

  • ABR Spread or "Fee Percentage", as the case may be, based upon the Consolidated Leverage Ratio as of the relevant date of determination, provided that, until the date of delivery to the Administrative Agent of Parent's financial statements pursuant to Section 5.01(b) with respect to its fiscal quarter ended September 30, 2003, the Applicable Percentage shall be deemed to be in Category 1: ============================================================================================ Eurocurrency ABR Fee Consolidated Leverage Ratio Spread Spread Percentage --------------------------- ------ ------ ---------- -------------------------------------------------------------------------------------------- Category 1 Greater than or equal to 3.25 to 1.00 4.00% 3.00% 0.500% ----------------------------------------------------------------------------------------- Category 2 Less than 3.25 to 1.00 but greater than or equal to 3.00 to 1.00 3.75% 2.75% 0.500% ========================================================================================= ========================================================================================= Category 3 Less than 3.00 to 1.00 but greater than or equal to 2.75 to 1.00 3.50% 2.50% 0.500% ----------------------------------------------------------------------------------------- Category 4 Less than 2.75 to 1.00 3.50% 2.50% 0.375% ========================================================================================= Each change in the Applicable Percentage resulting from a change in the Consolidated Leverage Ratio shall be effective with respect to all Loans, Commitments and Letters of Credit outstanding on and after the date of delivery to the Administrative Agent of the financial statements and certificates required by Section 5.01(a) or (b) indicating such change until the date immediately preceding the next date of delivery of such financial statements and certificates indicating another such change. Notwithstanding the foregoing, at any time during which Parent has failed to deliver the financial statements and certificates on or prior to the date required by Section 5.01(a) or (b), the Consolidated Leverage Ratio shall be deemed to be in Category 1 for purposes of determining the Applicable Percentage until the date such financial statements are delivered by Parent.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Level III Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A- or higher by S&P or A3 or higher by Moody’s and (ii) neither Level I Pricing nor Level II Pricing applies.

  • Total Utilization of Revolving Commitments means, as at any date of determination, the sum of (i) the aggregate principal amount of all outstanding Revolving Loans (other than Revolving Loans made for the purpose of repaying any Refunded Swing Line Loans or reimbursing Issuing Bank for any amount drawn under any Letter of Credit, but not yet so applied), (ii) the aggregate principal amount of all outstanding Swing Line Loans, and (iii) the Letter of Credit Usage.

  • Utilization Fee shall have the meaning assigned to such term in Section 2.06(b).

  • Utilization management section means “you or your authorized representative.” Your representative will also receive all notices and benefit determinations.

  • Average Availability means, at any Adjustment Date, the average daily Availability for the fiscal quarter immediately preceding such Adjustment Date.

  • Pricing Level IV means any time when (i) no Event of Default has occurred and is continuing, (ii) the Senior Debt Rating is BBB- or higher by S&P or Baa3 or higher by Moody’s and (iii) Pricing Levels I, II and III do not apply.

  • Level II Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A or higher by S&P or A2 or higher by Moody’s and (ii) Level I Pricing does not apply.

  • Facility Fee Rate means a rate per annum determined in accordance with the Pricing Schedule.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Availability Date means the day after the end of the fourth fiscal quarter following the fiscal quarter that includes such Effective Time on which the Company is required to file its Form 10-Q for such fiscal quarter except that, if such fourth fiscal quarter is the last quarter of the Company’s fiscal year, “Availability Date” means the day after the end of such fourth fiscal quarter on which the Company is required to file its Form 10-K.

  • Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.

  • Utilization plan means a form and additional documentation included in all bids or proposals that demonstrates a vendor’s proposed utilization of vendors certified by the Business Enterprise Program to meet the targeted goal. The Utilization Plan shall demonstrate that the Vendor has either: (1) met the entire contract goal or (2) requested a full or partial waiver and made Good Faith Efforts towards meeting the goal.