Benchmark Fees definition

Benchmark Fees has the meaning set forth in Section 4.04(3).
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Examples of Benchmark Fees in a sentence

  • If, after giving effect to clause (1) or (2) of this Section, the Benchmark Fees still exceed the normalized fees for such Services plus [****] percent in the case of Section 4.05(1) or [****] percent in the case of Section 4.05(2) (the “Target Price”), Supplier shall provide Customer Party with a plan to further adjust the Fees to the Target Price within six months after the date of the Benchmark Results (the “Benchmarking Plan”).

  • If, after giving effect to clause (2) of this Section, the Benchmark Fees still exceed [****] percent (the "Target Price"), Supplier shall provide Customer Party with a plan to further adjust the Fees to the Target Price within six months after the date of the Benchmark Results (the "Benchmarking Plan").

  • The Benchmarker shall compare the Fees set forth in the Benchmarking Fee Schedule (the "Benchmark Fees") for the Services being benchmarked to the charges applicable to a representative sample of tier-one outsourced information technology operations of other entities.

  • If, after giving effect to clause (2) of this Section, the Benchmark Fees still exceed [****] percent (the “Target Price”), Supplier shall provide Customer Party with a plan to further adjust – Broadridge Confidential; Kyndryl Confidential – 21 the Fees to the Target Price within six months after the date of the Benchmark Results (the “Benchmarking Plan”).