ARC Rate definition
Examples of ARC Rate in a sentence
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.
For provision of less than substantially full Services, the applicable or most comparable ARC Rate shall apply.
If the total number of Actual RUs exceeds the aggregate Resource Baseline for such month by more than any applicable deadband, Supplier shall invoice Hercules for an Additional Resource Charge equal to the difference between the Actual RUs and the Resource Baseline, multiplied by the specific ARC Rate for the applicable Resource Unit category for the applicable Contract Year (i.e., ARC = [(Actual RUs - Resource Baseline) x ARC Rate]).
If the Actual RUs exceeds the Baseline for such period, WSI will pay IBM an ARC with the current or future charges (or, if no future charges will be due, make payment to IBM) equal to the product of the ARC 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.