Example Calculation. a. Total transactions during the reporting month equal 42,078. b. Total transactions failing the standard of 100% equal 2,163. c. Percentage response time is calculated as follows: ((42,078 – 2,163) / 42,078) * 100 = 94.86% d. The threshold of 95.01% less the percentage response time of 94.86% = .15%. e. The difference is less than a 1% reduction; therefore, Citizens is not due a service credit.
Appears in 5 contracts
Samples: Vendor Master Agreement for Software as a Service, Vendor Master Agreement for Software as a Service, Software as a Service (Saas) Agreement
Example Calculation. a. (a) Total transactions Transactions during the reporting month equal 42,078.
b. (b) Total transactions Transactions failing the standard Standard of 100% equal 2,163.
c. (c) Percentage response time Response Time is calculated as follows: ((42,078 – 2,163) / 42,078) * 100 = 94.86%
d. (d) The threshold of 95.01% less the percentage response time Percentage Response Time of 94.86% = .15%.
e. . The difference is less than a 1% reduction; therefore, Citizens Subscriber is not due a service creditPerformance Credit.
Appears in 2 contracts
Samples: Software as a Service Agreement, Master Software as a Service Agreement
Example Calculation. a. (i) Total transactions Transactions during the reporting month Reporting Quarter equal 42,078.
b. (ii) Total transactions Transactions failing the standard Standard of 100% equal 2,163.
c. (iii) Percentage response time Response Time is calculated as follows: ((42,078 – 2,163) / 42,078) * 100 = 94.86%.
d. (iv) The threshold of 95.01% less the percentage response time Percentage Response Time of 94.86% = .15%.
e. . The difference is less than a 1% reduction; therefore, Citizens the Customer is not due a service creditPerformance Credit.
Appears in 1 contract
Samples: Master License and Sales Contract
Example Calculation. a. 1. Total transactions Transactions during the reporting month equal 42,078.
b. 2. Total transactions Transactions failing the standard Standard of 100% equal 2,163.
c. 3. Percentage response time Response Time is calculated as follows: ((42,078 – - 2,163) / 42,078) * 100 = =94.86%.
d. 4. The threshold of 95.01% less the percentage response time Percentage Response Time of 94.86% = .15%.
e. . The difference is less than a 1% reduction; therefore, Citizens County is not due a service creditPerformance Credit.
Appears in 1 contract
Samples: Master Agreement