Examples of Underutilization Situation in a sentence
Subject to the provisions of Schedule O (Human Resources Requirements), if either Party anticipates that ALU’s demand for Services may not fully utilize the capacity of Service Provider’s personnel providing the Services for a period of sixty (60) days (“Underutilization Situation”), then Service Provider, ALU, or the Operations Committee may notify the Steering Committee of an Underutilization Situation.
MASTER SERVICES AGREEMENT SCHEDULE C - PRICES implications of such underutilization, including, but not limited to, the potential of reducing the Service Provider personnel through a Reduction in Force, and will promptly develop a plan for aligning the resources with the anticipated changes in demand for Services over time; provided, however, that Service Provider may, at any time, advise ALU of its intent to make a Reduction in Force and such notice will be considered an Underutilization Situation.
If the result is a negative number, there is an Excess Usage Situation and if the result is a positive number, there may be an Underutilization Situation.