Base Standard definition
Examples of Base Standard in a sentence
During the thirty (30) days prior to May 1, 1999 and each May 1st thereafter, Supplier and Buyer shall mutually make a reasonable estimate of the Base Standard Costs, and shall mutually agree on the Billing Price for Electricity and the Billing Freight Allowance that will be in effect for the upcoming year commencing as of each such May 1st.
The Tenant shall not remove any Leasehold Improvements whether at the expiration or sooner termination of the Term, unless requested to do so by the Landlord in which case the Tenant shall remove such Leasehold Improvements as are designated by the Landlord and, if so requested by the Landlord, restore the Premises to the Base Standard not later than the expiration or sooner termination of the Term.
In addition, Buyer shall have the right to audit the transition to any new information system implemented by Supplier to assure the consistent treatment of Base Standard Costs and Updated Standard Costs and other concepts set forth herein.
The foregoing notwithstanding, if the accumulated net adjustments from each Period due to or from Buyer computed pursuant to Section 3.4 exceed [ ]* during the course of any year, Buyer and Seller shall discuss, within thirty (30) days after notice from either party, the implementation of a reasonable adjustment to the Invoice Price based upon changes in Base Standard Costs, Billing Price for Electricity and/or Billing Freight Allowance since the immediately preceding adjustment to the Invoice Price.
Supplier shall maintain, in accordance with generally accepted accounting principles consistently applied, accurate and complete books and records with respect to all Base Standard Costs and Updated Standard Costs and freight costs relating to Product.
If the parties are unable agree upon an estimate for the Base Standard Costs, the Billing Price for Electricity and/or the Billing Freight Allowance, the Invoice Price shall remain unchanged.
The following table details the different Technical Support Entitlements: Support Plan Email Support Remote Sessions Base Standard Business Hours (Mondays – Fridays) Not Applicable Premium Standard Business Hours (Mondays – Fridays) Same as Email Support Extended 24×7 24×7 Exhibit B: Incident Severity All Incidents will be assigned a severity rating using industry-standard definitions.
Landlord acknowledges that the “tenant improvements” at the Base Standard will equal or exceed $125.00 per rentable square foot of the Glass Connector.
If Tenant elects to make upgrades to the “tenant improvements” that increase the cost above that of the Base Standard, then the increase in cost associated therewith will be paid by Tenant.