Allowable Threshold definition

Allowable Threshold means [a % agreed between the Parties] of the total number of Train Services scheduled for a Billing Period;
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Allowable Threshold means ten per cent (10%) of the total number of Train Services scheduled for a Billing Period;
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Examples of Allowable Threshold in a sentence

  • In the event of an incident, Solution will have a Maximum Allowable Threshold of two (2) hours for each instance.

  • Where the Failure is less than the Maximum Allowable Threshold of two hours, no Service Credit will be due to Subscriber.

  • The Failure is greater than the Maximum Allowable Threshold (3 > 2).

  • In the event of an incident, Services will have a Maximum Allowable Threshold of two hours for each instance.

  • The Outage exceeds the Maximum Allowable Threshold by one hour, therefore Subscriber is due a 4% Service Credit.

Related to Allowable Threshold

  • Allowable Grace Period shall have the meaning assigned to such term in Section 3(p).

  • Allowable Amount means the maximum amount determined by HMO to be eligible for consideration of payment for a particular Covered Drug. As applied to Participating Pharmacies the Allowable Amount is based on the provisions of the contract between HMO and the Participating Pharmacy in effect on the date of service. As applied to Prescription Drugs Purchased Outside of the Service Area, the Allowable Amount is based on the Participating Pharmacy contract rate.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.