Reduced Resource Usage Sample Clauses

Reduced Resource Usage. Except as set forth in Section 9.3.a above and in accordance with Section 8.0 above, if Certegy elects to exercise its option of setting an Actual Baseline to a new reduced Resource Unit quantity level, IBM shall, upon written notice equal to the notification period set forth in the Supplement for that Actual Baseline Resource Unit, set the Actual Baseline(s) to the new Resource Unit quantity level and reduce the Monthly Charge, per the example set forth below, prorated to the month the adjustment is made. The Monthly Charge for each month remaining in the term of the Transaction Document or the period specified in the Certegy request will be reduced by the Applicable Unit Rate multiplied by the difference between the number of Resource Units in the current Actual Baseline and the number of Resource Units in the new reduced Adjusted Actual Baseline. NEW MONTHLY CHARGE = MONTHLY CHARGE - {(ACTUAL BASELINE - ADJUSTED ACTUAL BASELINE) X APPLICABLE UNIT RATE} For example, if the Monthly Charge is $500,000.00, the monthly DASD Actual Baseline is 71 gigabytes, the Applicable Unit Rate is $500.00 per gigabyte, and Certegy wishes to decrease the Actual Baseline by 10 gigabytes, then the new Monthly Charge will be: New Monthly Charge = $500,000.00 - {(71 gigabytes - 61 gigabytes) x $500.00} New Monthly Charge = $500,000.00 (10 gigabytes x $500.00) New Monthly Charge = $500,000.00 - $5,000.00 New Monthly Charge = $495,000.00 Per the above example, the Monthly Charge would be decreased by $5,000.00 for the shorter of the remaining months in that Contract Year or the period specified in the Certegy request, and the monthly DASD Actual Baselines would be decreased by 10 gigabytes for the same period. Further, the Actual Baselines, Annual Services Charges and Monthly Charges would be adjusted accordingly for each remaining month of the term of the Transaction Document or the period specified in the Certegy request by subtracting 10 gigabytes from the then current DASD Actual Baselines and multiplying the decrease in the Actual Baselines quantity by the Applicable Unit Rate(s) for each remaining month of the term of the Transaction Document or the period specified in the Certegy request to determine the decreased Monthly Charges. The Actual Baselines and ASC in the Supplement will be updated by IBM to reflect such Changes, and the revised Supplement would be distributed to the Parties.
Sample 1
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Related to Reduced Resource Usage

  • System Availability Although we will try to provide continuous access to the Service, we cannot and do not guarantee that the Service will be available 100% of the time and will not be liable in the event Service is unavailable. Actual service or network performance is dependent on a variety of factors outside of our control. If you notify us within twenty-four (24) hours and we confirm an outage consisting of a period of two (2) hours in any calendar month, and not due to any service, act, or omission of you, a third party, your applications, equipment or facilities, or reasons outside of our control, you shall be eligible for a service credit. A service credit shall be computed as a pro-rated charge for one day of the regular monthly fees for the Service in the next monthly statement. Intermittent service outages for periods of less than two (2) hours are not considered service outages. Outages caused by routine scheduled maintenance are also not considered an outage. You shall receive advance notice no less than forty-eight (48) hours in advance of our scheduled maintenance. Scheduled maintenance will be performed between 12:00 a.m. and 6:00 a.m. CST.

  • Line Outage Costs Notwithstanding anything in the NYISO OATT to the contrary, the Connecting Transmission Owner may propose to recover line outage costs associated with the installation of Connecting Transmission Owner’s Attachment Facilities or System Upgrade Facilities or System Deliverability Upgrades on a case-by-case basis.

  • EPP service availability Refers to the ability of the TLD EPP servers as a group, to respond to commands from the Registry accredited Registrars, who already have credentials to the servers. The response shall include appropriate data from the Registry System. An EPP command with “EPP command RTT” 5 times higher than the corresponding SLR will be considered as unanswered. If 51% or more of the EPP testing probes see the EPP service as unavailable during a given time, the EPP service will be considered unavailable.

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.

  • Maximum Total Compensation Subsection 10.1 is amended to Increase Decrease the Maximum Total Compensation from $ to $ .

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • REPORT OF CONTRACT USAGE All fields of information shall be accurate and complete. The report is to be submitted electronically via electronic mail utilizing the template provided in Microsoft Excel 2003, or newer (or as otherwise directed by OGS), to the attention of the individual shown on the front page of the Contract Award Notification and shall reference the Group Number, Award Number, Contract Number, Sales Period, and Contractor's (or other authorized agent) Name, and all other fields required. OGS reserves the right to amend the report template without acquiring the approval of the Office of the State Comptroller or the Attorney General.

  • RDDS availability Refers to the ability of all the RDDS services for the TLD, to respond to queries from an Internet user with appropriate data from the relevant Registry System. If 51% or more of the RDDS testing probes see any of the RDDS services as unavailable during a given time, the RDDS will be considered unavailable.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains the existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation. 2. If the employee chooses to vacate the position or does not meet the skills and abilities requirements of the position, the layoff procedure specified in Article 31 of this Agreement applies.

  • Intent to Limit Charges to Maximum Lawful Rate In no event shall the interest rate or rates payable under this Agreement, plus any other amounts paid in connection herewith, exceed the highest rate permissible under any law that a court of competent jurisdiction shall, in a final determination, deem applicable. Borrower and the Lender Group, in executing and delivering this Agreement, intend legally to agree upon the rate or rates of interest and manner of payment stated within it; provided, however, that, anything contained herein to the contrary notwithstanding, if said rate or rates of interest or manner of payment exceeds the maximum allowable under applicable law, then, ipso facto, as of the date of this Agreement, Borrower is and shall be liable only for the payment of such maximum as allowed by law, and payment received from Borrower in excess of such legal maximum, whenever received, shall be applied to reduce the principal balance of the Obligations to the extent of such excess.

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