Common use of Guaranteed Availability Clause in Contracts

Guaranteed Availability. Owner guarantees the Project will be available for use by O&R for at least ninety-eight percent (98.0%) of the hours in each calendar quarter during the Contract Term (“Guaranteed Availability”). For each calendar quarter, O&R shall calculate the actual availability percentage of the Project (“Actual Availability”), which calculation shall be: = ℎ=0

Guaranteed Availability. Owner guarantees the Project will be available for use by O&R for at least ninety-eight percent (98.0%) of the hours 15-minute intervals in each calendar quarter during the Contract Term (“Guaranteed Availability”). For After completion of each calendar quarter, O&R shall calculate the actual availability percentage of the Project (“Actual Availability”)) during the preceding calendar quarter, which calculation shall be: = ℎ=0Where: