Benchmark Price Range definition
Benchmark Price Range means the range of prices that is within 5% less than and 5% greater than the simple average of prices for the relevant Market Tested Services obtained from the suitable comparators as part of a Benchmarking Exercise conducted hereunder, once adjustments have been made to make such comparators comparable, including adjusting for standards, as agreed by the parties, provided however that the higher limit of such range will not exceed the highest of the suitable comparators.
Benchmark Price Range has the meaning set out in Section 1 of Appendix 4I [Market Testing Procedure];
Benchmark Price Range has the meaning set out in Appendix 4B [Market Testing Procedure]; “Benchmarking Proposal” has the meaning set out in Appendix 4B [Market Testing Procedure]; “Beneficiary” has the meaning set out in Section 9.2 (Conduct of Third Person Claims);