Assured Fleet Availability definition

Assured Fleet Availability means following and excludes reserves fleet:
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Assured Fleet Availability shall have the meaning as ascribed thereto in Clause 5.1(j) of the Agreement.
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Examples of Assured Fleet Availability in a sentence

  • The Electric Buses shall be as per Technical Specifications given in Volume 3 of the RFP andthe Operator shall maintain Daily Assured Fleet Availability, within the Bus Service Area in accordance with the terms of this Agreement and subject to the Applicable Laws and Applicable Clearances.

Related to Assured Fleet Availability

  • 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:

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • General Availability means the date a version of Software was first made available to be licensed by Sandvine customers.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • 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.