Availability Incentive Clause Samples

The Availability Incentive clause establishes a system of rewards or penalties based on the level of availability of a service, asset, or facility. Typically, this clause sets specific performance targets—such as minimum uptime percentages or hours of operation—and outlines financial incentives for exceeding these targets or deductions for falling short. Its core practical function is to motivate the service provider to maintain high levels of availability, thereby ensuring reliability and minimizing downtime for the client or end users.
Availability Incentive. The baseline used to calculate the Availability Incentive each RMR Generator that is being compensated under an APR is eligible to recover is set forth in the table below. The incentive shall be calculated in accordance with Rate Schedule 8 to the Services Tariff. The ISO shall use each RMR Generator’s actual availability and the baseline specified in the table below to determine the incentive (if any) it shall pay for availability over a six-month Capability Period. [ADD TABLE SPECIFYING THE AVAILABILITY BASELINE FOR EACH RMR GENERATOR.]
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Availability Incentive. The Availability Incentive is the fee payable by Western Power to the Participant in consideration for offering and having available the Flexibility Service during each Event. The Availability Incentive is payable monthly subject to the Participant: (a) satisfying Western Power that a Premises had participated in an Event in accordance with clause 17; and (b) issuing an invoice to Western Power for the Availability Incentive in accordance with clause 23. The weighting of the Availability Incentive will be calculated as follows: $ = ( ) Where: AI = the Availability Incentive D = Bid Rate ($per MW) E = the number of Events specified in the Schedule 1
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Availability Incentive. The method ofbaseline used to calculating calculate the Availability Incentive each RMR Generator that is being compensated under an APR is eligible to recover is set forth in the table below. The incentive shall be calculated in accordance with Rate Schedule 8 to the Services Tariff. The ISO shall use each RMR Generator’s actual availability and the baseline specified in the table below to determine the incentive (if any) it shall pay for availability over a six-month Capability seasonPeriod. [ADD TABLE SPECIFYING THE AVAILABILITY BASELINE AND ALL OTHER ASPECTS OF HOW THE AVAILABILITY INCENTIVE WILL BE CALCULATED FOR EACH RMR GENERATOR.]
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Related to Availability Incentive

  • Service Availability You understand that Service availability is at all times conditioned upon the corresponding operation and availability of the communication systems used in communicating your instructions and requests to the Credit Union. We will not be liable or have any responsibility of any kind for any loss or damage thereby incurred by you in the event of any failure or interruption of such communication systems or services resulting from the act or omission of any third party, or from any other cause not reasonably within the control of the Credit Union.

  • EPP service availability Refers to the ability of the TLD EPP servers as a group, to respond to commands from the Registry accredited Registrars, who already have credentials to the servers. The response shall include appropriate data from the Registry System. An EPP command with “EPP command RTT” 5 times higher than the corresponding SLR will be considered as unanswered. If 51% or more of the EPP testing probes see the EPP service as unavailable during a given time, the EPP service will be considered unavailable.

  • Availability of Services CBT agrees not to discontinue or refuse to provide any service provided or required hereunder other than in accordance with the terms of this Agreement, or unless required by the Commission.

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • System Availability Although we will try to provide continuous access to the Service, we cannot and do not guarantee that the Service will be available 100% of the time and will not be liable in the event Service is unavailable. Actual service or network performance is dependent on a variety of factors outside of our control. If you notify us within twenty-four (24) hours and we confirm an outage consisting of a period of two (2) hours in any calendar month, and not due to any service, act, or omission of you, a third party, your applications, equipment or facilities, or reasons outside of our control, you shall be eligible for a service credit. A service credit shall be computed as a pro-rated charge for one day of the regular monthly fees for the Service in the next monthly statement. Intermittent service outages for periods of less than two (2) hours are not considered service outages. Outages caused by routine scheduled maintenance are also not considered an outage. You shall receive advance notice no less than forty-eight (48) hours in advance of our scheduled maintenance. Scheduled maintenance will be performed between 12:00 a.m. and 6:00 a.m. CST.