Field Availability definition

Field Availability means the minimum and maximum Gas quantity (Sm3) at any time forecasted by the Shipper’s Field Operator to be available for nomination at a Field.
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Examples of Field Availability in a sentence

  • Upon receipt of an Encumbered Field Availability Notice, Selecta and Astellas shall use good faith efforts to exclusively negotiate and execute one or more agreements contemplating such grant of rights to Astellas with respect to the Encumbered Field.

  • On Field Availability Recreational Program: Coordinate all Recreational training.

  • If the Encumbered Field Notice was sent by Selecta pursuant to Section 3.5.1(a) (Notification), Astellas shall provide notice within [***] Business Days of Astellas’ receipt of the Encumbered Field Availability Notice whether it is interested in exercising Astellas’ Right of Encumbered Field Negotiation.

  • The undersigned authorized representative of the corporation making the offer herein certified that the following indicated Proposal is true and correct and that the undersigned understands that making a false Proposal is a material breach of contract and is grounds for contract cancellation.

Related to Field Availability

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

  • 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:

  • Maximum Availability has the meaning set forth in Section 2.1.1.

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • 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.