RRC Rate definition

RRC Rate means, in relation to each Billable Resource Unit, the amount specified as the “RRC Rate” for that Billable Resource Unit on the applicable Supplement, as adjusted pursuant to the applicable Supplement.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

RRC Rate means the Resource Unit rate at which PacifiCare is credited for its use of Resource Units below the Baseline.

RRC Rate means, in relation to each Billable Resource Unit, the amount specified as the “RRC Rate” for that Billable Resource Unit on Schedule 4.1, as adjusted pursuant to Section 12 of Schedule 4.

Examples of RRC Rate in a sentence

• 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 ▇▇▇ ▇▇▇▇.

• If the Actual RUs are lower than the Baseline for such period, IBM will pay WSI an RRC equal to the product of the RRC Rate for the applicable category, as set forth in Exhibit C-3, multiplied by the difference between the Actual RUs for that category and the Baseline.

• If such technological advancements will have an effect on a Baseline, Supplier will normalize such affected Baseline, and the ARC Rate and/or RRC Rate so that PacifiCare receives the same or improved level of performance and the same or improved price performance as PacifiCare received under the methodology applicable to such Baseline, ARC Rate or RRC Rate.

• If the total number of Actual RUs is less than the aggregate Resource Baseline for such month by more than any applicable deadband, Supplier shall credit Hercules a Reduced Resource Credit equal to the difference between the Resource Baseline and the Actual RUs for that Resource Unit, multiplied by the specific RRC Rate for the applicable Resource Unit category for the applicable Contract Year (i.e., RRC = [(Resource Baseline - Actual RUs -) x Z x RRC Rate], where Z equals a mutually agreed constant).

• DCs do not stock cross dock product 2014 Full RRC Rate Table: ACD rate: $0.20/ctn Fixed: LE will be billed fixed amount set annually based upon previous year’s DC handling expenses attributed to LE.

More Definitions of RRC Rate

RRC Rate has the meaning given in Exhibit 4.

RRC Rate means the monetary rate per unit to be credited by Service Provider to Customer for any Resource Unit consumption for each applicable Resource Unit [***] according to the formulas defined in Section 2.4(b) of Schedule E-1.

RRC Rate means the credit for reduced utilization of a Resource Unit below the Baseline, as set forth in the Supplement and Schedule J.

RRC Rate means the rate at which PacifiCare is credited for its reduced use of resources.

RRC Rate shall have the meaning set forth in Section 2.0(p) of Schedule C-1. 235.

RRC Rate means the rate provided in Schedule A-4.4 to be charged by Supplier to CoreLogic for any RRC for the applicable Resource Unit. The RRC Rate shall be equal to the ARC Rate.

RRC Rate means the amount to be credited to Newco for each Resource Unit below the applicable Resource Baseline that is not consumed by Newco during a month. The “RRC Rate” for each Resource Category is set forth in Attachment C-2.