Acceptance Rate Clause Samples
The Acceptance Rate clause defines the minimum percentage of deliverables or services that must be accepted by the receiving party for the contract to be considered satisfactorily performed. Typically, this clause sets a threshold—such as 95%—of items or services that must meet agreed-upon standards, with any items falling below this rate subject to rejection, rework, or other remedies. Its core function is to ensure quality control and provide a clear metric for performance, thereby reducing disputes over whether contractual obligations have been met.
Acceptance Rate. This measure only applies to MCPs that have had Medicaid membership for one year or less.
Acceptance Rate. This measure only applies to MCPs that have had Medicaid membership for one year or less. Measure: The rate of encounters that are submitted to ODJFS and accepted (accepted encounters per 1,000 member months). The measure will be calculated per MCP
Acceptance Rate. Prior to October 1, 1996. For Acceptances prior to October 1, 1996, a fixed rate equal to the Bank of Boston acceptance rate for the applicable Acceptance Rate Interest Period plus 162.5 Basis Points per annum;
Acceptance Rate. The percentage of encounter data that are accepted by the MMIS vendor from the Contractor, and any Subcontractors, upon initial submission for each month.
Acceptance Rate. If any of the Reference Banks shall not furnish such timely information to the appropriate Administrative Agent for the purpose of determining any such interest rate, such Administrative Agent shall determine such interest rate on the basis of timely information furnished by the remaining Reference Bank. The U.S. Administrative Agent shall give prompt notice to the U.S. Borrower and the U.S. Banks of the applicable interest rate determined by the U.S. Administrative Agent for purposes of Section 2.06(a)(ii) or (a)(iii) and the rate, if any, furnished by each U.S. Reference Bank for the purpose of determining the interest rate under Section 2.06(a)(ii) or (a)(iii). The Canadian Administrative Agent shall give prompt notice to the Canadian Borrower and the Canadian Banks of each Bankers' Acceptance Rate determined by such Administrative Agent for purposes hereof and the rate, if any, furnished by each Reference Bank for the purpose of determining such Bankers' Acceptance Rate.
Acceptance Rate. We always emphasis that the top candidate accepts the job offer, after going through the recruitment life cycle phases. Our acceptance rate is comparative high, while comparing to industry standards of job offers accepted by qualified resource from the total number of jobs offers extended to qualified candidates. To ensure these KPI’s our account management team follow’s well-defined key metrics to ensure and measure the quality of a hire on our client projects which is being turn around in a success of our recruitment process. As a practice, we used to check these key metrics in terms of measurements of efficiency and quality of our hiring process. We follow below key metrics to measure the quality of a hire.
1. Average turn-around time /Number of candidates shortlisted: Our average turn-around time to respond on requirement is 1-2 business days. On an average we used to submit 3 exact matches on a position. We used to measure the average turnaround time needed to present a resource and the number of qualified resources submitted within the target period to identify efficiency of our hiring process.
2. Client Hiring Manager feedback timeliness: We assume that getting a quick feedback from the client hiring manager on the quality of our submitted number of resources is very crucial. It helps our recruitment team to uncover critical bottlenecks in the recruitment process to avoid delays as well as the potential loss of good candidates in a verge of no update.