Examples of RRC Rate in a sentence
The Institute reserves the right to award RRC (Rate Running Contract) to multiple agencies for the item(s) found to be lowest in value.
The Institute reserves the right to award RRC (Rate Running Contract) to multiple agencies for the items found to be lowest in value.
If the Actual Resource Units fall below the applicable Baseline for such period, PacifiCare shall be credited a RRC in accordance with Section 17 of the Agreement and this Schedule with the current or future charges (or, if no future charges shall be due, Supplier shall make payment to PacifiCare) equal to the product of the RRC Rate for the applicable Resource Unit, as set forth in Attachment 17.3 to this Schedule, multiplied by the difference between the applicable Baseline and the Actual Resource Units.
It being understood that upon such election and change of priority under Section 6.5, the Allocated Charges collected by Contractor at the RRC Rate as set defined in Section 6.13(b) shall be used to first satisfy all fees due and owing under the Master Agreement that are not TOM Fees, and then to satisfy XXX Xxxx.
The rate for invoicing Allocated Charges that results from the calculation set forth in Section 4(b) of the Billing and Collection Key Terms and Guidelines of Statement of Work No. 11 (such rate, the “RRC Rate”), which is expressed as a percentage, is hereby increased by 0.25%, such that 0.25% shall be added to the percentage amount of the calculated result under Section 4(b) thereof, but in no event shall the RRC Rate be less than One Hundred and Three Quarters Percent (100.75%).