YRC definition

YRC s Chicago Heights operation” means YRC’s existing Chicago Heights break bulk facility located at 2000 East Lincoln Highway, Chicago Heights, Illinois 60411.

YRC has the meaning given to that term in the introductory paragraph of this Agreement.

YRC means the yearly recurring charges associated with a service.

Examples of YRC in a sentence

• The triggers for payout under the Incentive Bonus Program shall be the same as those established annually by the Board of Directors for the Section 16 Officers of YRC Worldwide, Inc.

• To that end, the following agreements (collectively the MOUs) between the parties are terminated with respect to the Employers: • Extension of the Agreement for the Restructuring of the YRC Worldwide Inc.

• TNFINC will maintain its right to select, subject to the approval of the Board, two persons to the YRC Worldwide Board of Directors, consistent with existing conditions.

• Operating Companies • Agreement for the Restructuring of the YRC Worldwide, Inc.

• YRC Freight shall be permitted to use a limited amount of PTS for over-the-road transportation only and in connection with the movement of freight between distribution centers.

• To that end, YRC Freight shall be permitted to use Purchased Transportation Service (PTS) in certain circumstances.

• A PTS provider will not VIA to a YRC Freight customer or another YRC Freight terminal location.

• Prior to using PTS at any location, YRC Freight will send a certified letter to the affected Local Union and TNFINC.

• NEGOTIATING COMMITTEES FOR THE LOCAL UNIONS: TEAMSTERS NATIONAL FREIGHT INDUSTRY NEGOTIATING COMMITTEE [INSERT NAMES] FOR THE EMPLOYERS: YRC Worldwide, Inc.

• The intention of the parties with the use of PTS is to generate growth and additional job opportunities for bargaining unit personnel by enhancing YRC Freight's ability to compete in the marketplace.

More Definitions of YRC

YRC has the meaning assigned to such term in the heading of this Agreement.

YRC means Yearly Recurring Cost.Multiple Award It is CTS’ intent to award multiple contracts for this procurement. Vendors can submit a response for one, multiple, or all but must submit a separate Appendix E for Network & Telephony. While it is CTS’ intent to award only one contract to a single vendor as a result of this RFP, it reserves the right to award multiple contracts as a result of this procurement. The RFP focuses on two categories of requirements:Network Requirements (Section 5.7)Telephony (TDM) Requirements (Section 5.8) While there are Mandatory Requirements that are common to both categories that all Vendors must comply with, Vendors are able to submit responses for either or both of these categories. Therefore, the RFP may result in the award of two contracts to two different Vendors – one for each category, or one contract to one Vendor for both categories. Vendors failing to adhere strictly the instructions and Requirements contained herein will be disqualified.Overview of Solicitation ProcessThe evaluation process will comprise of successive steps of evaluation that will narrow the pool of competitors to assure only the highest scoring finalists’ move to the next Step in the evaluation process. CTS, at its sole discretion, will determine the number of top scoring competitors to move to the next Step.Round 1: Administrative Review.A preliminary examination of the completeness and validity of responses. All responsive Vendors will move to Round 2.Round 2: Technical Evaluation.A technical evaluation to determine compliance with requirements. Only the top scoring Vendors will move to Round 3. CTS, at its sole discretion, will determine the number of top scoring competitors to move to the next Round.Round 3: Financial Review.The financial review will look at commercial risk and cost analysis of all pricing, project schedules, terms and conditions contained within the Response. CTS, at its sole discretion, will determine the number of top scoring competitors to move to the next Round.Round 4: Announce Apparently Successful Vendor(s).Award of contract. After completing the evaluation using the process as set forth above, CTS may move to enter into contractual negotiations with one Apparently Successful Vendor (ASV) with a view to finalizing a contract. Award of contract will depend on a satisfactory outcome to these negotiations.

YRC means YRC Worldwide Inc., now known as Yellow Corporation.