Benchmark Process definition

Benchmark Process has the meaning given in the Benchmarking Schedule. Confidential Glossary to Technical Services Agreement Cause means termination of this Agreement by Company pursuant to Section 12.3 of this Agreement.
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Benchmark Process means the objective measurement and comparison process and methodology used by the Benchmarker to conduct the Benchmark.
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Benchmark Process means the objective measurement and comparison process (using baselines and industry standards) consistent with this Agreement and mutually agreed upon by EMW and IBM. IBM Confidential May 12, 2000 Page 1 of 52 EMW Confidential Agreement
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Examples of Benchmark Process in a sentence

  • Any disputes between the Parties concerning the selection of the Benchmarker, the Benchmark Process, the Benchmark Results, or any other aspects of benchmarking may be escalated to the Executive Steering Committee for final and binding resolution.

  • Company and Provider shall engage in the Benchmark Process provided for in the BENCHMARKING SCHEDULE.

  • Any adjustments shall be made on a prospective basis only, beginning thirty (30) days after the Benchmark Process is completed.

  • EMW, IBM and the Benchmarker shall conduct the Benchmark Process according to the following methodology.

  • The Benchmark Process may be initiated upon EMW's request received by IBM upon at least 30 days prior notice and no earlier than the second anniversary following the Effective Date and thereafter not more often than once every two Contract Years.

  • Upon completion of the Benchmark Process, Customer and Administrator shall review the Benchmark Results during the thirty (30) day period following delivery to Customer and Administrator of the Benchmark Results, and shall in good faith discuss any appropriate adjustments to the Service Levels or Charges under this Agreement, and identify and resolve any disagreements or variances from the Benchmark Results.

  • This Exhibit sets forth the third party service providers that have been pre-approved by the Parties to conduct the Benchmark Process identified in Article 9 (Customer Satisfaction and Benchmarking) of the Agreement.

  • Customer represents that each Benchmarker is qualified to perform the Benchmark Process based on their demonstrated skills, experience, responsiveness, objectivity and fees.

  • Each Party shall reasonably cooperate with the Benchmarker and shall provide reasonable access to resources and to information requested by Benchmarker during the Benchmark Process to permit Benchmarker to perform the Benchmarking.

  • The Benchmark Process may be initiated by Customer by giving at least ninety (90) days prior notice to Administrator.


More Definitions of Benchmark Process

Benchmark Process has the meaning given in the BENCHMARKING SCHEDULE. Cause means termination of this Agreement by Company pursuant to Section 12.3 of this Agreement.
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Benchmark Process means the objective measurement and comparison process and methodology used by the Benchmarker to conduct the Benchmark in accordance with the requirements in this Attachment C.
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Benchmark Process means the objective measurement and comparison process established by the Parties utilizing baselines, standards and normalization factors agreed by PacifiCare and Supplier.
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Benchmark Process. Has the meaning set forth in Section 9.4(d) of the General Terms and Conditions Gen’l Terms
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Related to Benchmark Process

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • RFP Process or “Bidding Process” means the process governing the submission and evaluation of the Bids as set out in the RFP itself;

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Benchmarker means the person appointed by the PCC to conduct the Benchmark Review.

  • Benchmark Review means a review of the Services carried out in accordance with paragraphs 2.1 to 2.3 of Schedule 7 (Value for Money) of this Framework Agreement to determine whether those Services represent Good Value;

  • Benchmark Event means, with respect to an Original Reference Rate:

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Benchmarks mean the performance milestones that are set forth in Appendix D.

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.12(d)(iii)(A).

  • Regulatory Information Service means a service approved by the London Stock Exchange for the distribution to the public of announcements; and

  • Bidding Process means the procurement procedure under which sealed bids are invited, received, opened, examined and evaluated for the purpose of awarding a contract;

  • Benchmark Replacement means, for any Available Tenor, the first alternative set forth in the order below that can be determined by the Administrative Agent for the applicable Benchmark Replacement Date:

  • Benchmark Transition Event means the occurrence of one or more of the following events with respect to the then-current Benchmark:

  • Successor Benchmark Rate means a successor to or replacement of the Original Benchmark Rate which is formally recommended by any Relevant Nominating Body.

  • Benchmark Replacement Date means the earliest to occur of the following events with respect to the then-current Benchmark:

  • Process unit means the equipment assembled and connected by pipes and ducts to process raw materials and to manufacture either a final or intermediate product used in the onsite production of other products. The process unit also includes the purification of recovered byproducts.

  • Process or “Processing” means any operation or set of operations which is performed upon the Personal Data, whether or not by automatic means, such as collection, recording, organization, storage, adaptation or alteration, retrieval, consultation, disclosure by transmission, dissemination or otherwise making available, alignment or combination, blocking, erasure, or destruction.

  • Competitive Process means a formal sealed, electronic, or web-based bid procedure used for all nonclaims related purchases for goods and services over fifty thousand dollars. For purchases between five thousand dollars and fifty thousand dollars, competitive process means quotations obtained from at least three vendors by telephone or written quotations, or both, and supported by evidence of competition. Purchases up to five thousand dollars are exempt from competitive bids providing procurement is based on obtaining maximum quality at minimum cost.

  • Evaluation Team means the team appointed by the City; “Information Meeting” has the meaning set out in section 2.2;

  • Project Management Report means each report prepared in accordance with Section 4.02 of this Agreement;

  • Benchmarking Report means the report produced by the Supplier following the Benchmark Review and as further described in this Framework Schedule 7;

  • Benchmarked Rates means the Framework Prices for the Benchmarked Goods and/or Services

  • Service Desk means the single point of entry for all Service Tickets and Service Requests which can be accessed over the phone, by email or via our portal.

  • Benchmarking Information means information generated by Portfolio Manager, as herein defined including descriptive information about the physical building and its operational characteristics.

  • Development Services “Target Market”; “Investment Areas”; and “Targeted Populations” have the meanings ascribed to such terms in 12 C.F.R. 1805.104.

  • Feedback means input regarding the SAP Products, services, business or technology plans, including, without limitation, comments or suggestions regarding the possible creation, modification, correction, improvement or enhancement of the SAP Products and/or services, or input as to whether Partner believes SAP’s development direction is consistent with their own business and IT needs.