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

  • The data on organized crime agent utilization come from the OIG analysis of FBI Time Utilization Recordkeeping (TURK) data.

  • It turned out, however (incident investigation was carried out by the Federal Security Service in NSO), that the export contract was not registered, and the company did not receive any export license from the spe- cialized agencies Promeksport and Rosvooruzheinye.

  • 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.

  • 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.

  • For each station, the following basic parameters are selected: TT (Target Cycle Time), CT (Cycle Time), Utilization, Shifts and WIP (Work in progress - processed production, pieces).

  • Where a change in a date is required, each Party will give the other Party as much notice as possible.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.

  • WebTA allows for the entry of leave and premium pay requests, the validation and certification of time entered, and the capture of Time Utilization and Record Keeping data, which is used to track time for Special Agents, Investigative Analysts and other identified groups such as Investigative Classification so that it can be mapped to the program/subpro- gram as needed.• U.S. Department of LaborDOL began its migration to an HR LoB Core HR Transactional System SSC in FY 2011.

  • Time Utilization By Clients And Providers At The ClinicsProviders indicated that in addition to the lack of equipment and supplies, there is often insufficient time to fully assess, counsel and test clients.

  • The tenth proposed amendedsystem of records is entitled DOL/BLS– 3, Staff Time Utilization System.

  • Also includes completion of course evaluations at the end of each semester.• Work Habits and Time Utilization: by being punctual and using clinic time efficiently.• Personal Hygiene and Appearance: in compliance with dress code (clean shoes, scrubs and badge).7.

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 means public usage of the subway, bus, railroad

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

  • Utilization Percentage means, on any day, the percentage produced by dividing (a) the aggregate Revolving Credit Exposures by (b) the total Commitments, unless the Commitments shall have been terminated, in which case the Utilization Percentage shall be 100%.

  • System Availability means, with respect to any particular calendar month, the ratio obtained by subtracting Unscheduled Downtime during such month from the Total Monthly Time, and thereafter dividing the difference so obtained by the Total Monthly Time. Represented algebraically, System Availability for any particular calendar month is determined as follows:

  • ABR Spread or "Commitment Fee Percentage", as the case may be, based upon the Rating applicable on such date. =============================================================================== Eurocurrency Commitment Fee S&P Ratings Spread ABR Spread Percentage ----------- ---------------- ---------- -------------- Category 1 ---------- BBB or higher 1.00% .000% .25% Category 2 ---------- BBB- 1.25% .250% .30% Category 3 --------- BB+ 1.625% .625% .35% Category 4 ---------- BB 2.00% 1.00% .40% Category 5 ---------- BB- 2.50% 1.50% .50% Category 6 ---------- Lower than BB- or unrated 3.00% 2.00% .75% =============================================================================== For purposes of the foregoing, (i) if S&P shall not have in effect a Rating, such rating agency shall be deemed to have established a Rating in Category 6; and (ii) if the Rating established or deemed to have been established by S&P shall be changed (other than as a result of a change in the rating system of S&P), such change shall be effective as of the date on which it is first announced by S&P. If the rating system of S&P shall change, the Borrower and the Lenders shall negotiate in good faith to amend this definition to reflect such changed rating system and, pending the effectiveness of any such amendment, the Applicable Percentage shall be determined by reference to the ratings most recently in effect (or deemed to be in effect) prior to such change. Each change in the Applicable Percentage shall apply to Eurocurrency Loans and ABR Loans outstanding and Commitment Fees accruing during the period commencing on the effective date of such change and ending on the date immediately preceding the effective date of the next such change.

  • 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 the 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 has the meaning assigned to such term in Section 2.11(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.