ARC Ceiling definition

ARC Ceiling means the maximum percentage that the Vendor may charge ARCs above the ARC Deadband Baseline. "RRC Floor" means the minimum percentage that the Vendor may credit RRCs below the RRC Deadband Baseline. ARC Ceilings and RRC Floors are established to provide a means to evaluate and adjust pricing if there are dramatic shifts in Actual Service Area Fees over a sustained period. In the event that the Judicial Council Actual Service Area Fees are greater than the ARC Ceiling or less than the RRC Floor for a period of three (3) consecutive months, the Parties agree to mutually review and renegotiate applicable Baselines Fees. The following ARC Ceiling and RRC Floor Table identifies the factors that are to be used in calculating whether Actual Service Area Fees has exceeded those limits.
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ARC Ceiling means the maximum percentage that Provider may charge ARCs above the ARC Deadband Baseline. "RRC Floor" means the minimum percentage that Provider may credit RRCs below the RRC Deadband Baseline. ARC Ceilings and RRC Floors are established to provide a means to evaluate and adjust pricing if there are dramatic shifts in Resource Unit usage volumes over a sustained period. In the event that DWS Resource Unit usage is greater than the ARC Ceiling or less than the RRC Floor for a period of three (3) consecutive months, the Parties agree to mutually review and renegotiate such applicable Resource Unit items: Baselines, ARC Rates and RRC Rates according to the contract change management process. The ARC Ceiling and RRC Floor is 20% and identifies the factors that are to be used in calculating whether Actual Resource Unit usage has exceeded those limits. The ARC Ceiling is to be calculated by multiplying the Resource Unit Baseline by the sum of 1.00 plus the ARC Ceiling percentage (20%). The RRC Floor is to be calculated by multiplying the Resource Unit Baseline by the sum of 1.00 less the RRC Floor percentage (20%).
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Examples of ARC Ceiling in a sentence

  • The ARC Ceiling is to be calculated by multiplying the RU Baseline by the sum of one (1.00) plus the ARC Ceiling percentage.

  • In the event that the County Monthly Actual Usage is greater than the ARC Ceiling or less than the RRC Floor for a period of three (3) consecutive months, the Parties agree to mutually review and renegotiate in good faith such applicable RU items: Baselines and RU Fees.

  • Table 4 below (ARC Ceiling and RRC Floor) identifies the factors that are to be used in calculating whether Monthly Actual Usage has exceeded those limits.

  • ARC Ceiling means the maximum percentage that the Vendor may charge ARCs above the ARC Deadband Baseline.

  • During the period of such Disagreement, the baseline Resource Unit charge for the affected RUs will be reduced by ten percent (10%) if the Disagreement is triggered by usage exceeding the ARC Ceiling (as described herein).

  • Upon the third (3rd) consecutive month that the County Monthly Actual Usage is greater than the ARC Ceiling or lower than the RRC Floor then, at the County’s sole election, the occurrence of such event shall constitute written notice to the Vendor of the County’s intent to renegotiate the applicable RU items, and the Parties shall have sixty (60) days there from to reach mutual agreement on an adjustment to such RU items.

Related to ARC Ceiling

  • Ceiling means the height above the ground or water of the base of the lowest layer of cloud below 6 000 m (20 000 ft) covering more than half the sky;

  • State ceiling means the aggregate amount of certain private activity bonds, including qualified mortgage bonds, that may be issued in any calendar year in this state pursuant to section 146 of the internal revenue code of 1986, 26 USC 146.

  • Rate Ceiling The maximum per annum Mortgage Interest Rate permitted under the related Mortgage Note.

  • Side Yard means a yard of a lot extending from the front yard to the rear yard, and from the side lot line to the nearest wall of the nearest main building or structure on the lot;

  • Ceiling Amount has the meaning assigned to such term in Section 9.10(a).