Targeted Cost Reductions definition

Targeted Cost Reductions shall have the meaning given in Section 13.5(b)(i).
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Targeted Cost Reductions means the costs (including appropriate indirect and overhead costs) and related profit that can be eliminated or reduced as and when the Targeted Resource Reductions are eliminated. "Targeted Resource Additions" shall mean those new or modified resources newly required by IBM to provide the Services. "Targeted Cost Increases" shall mean the costs (including appropriate indirect and overhead costs) and a reasonable profit (which profit shall be consistent with the gross profit margins for similar Services under this Agreement, including Schedule C) that would be incurred as and when the Targeted Resource Additions are placed in service.
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Targeted Cost Reductions means the costs and expenses (including appropriate indirect and overhead expenses) and related profit that can be eliminated or reduced as and when the Targeted Resource Reductions are eliminated.
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Examples of Targeted Cost Reductions in a sentence

  • As the Targeted Resource Reductions are eliminated, the Annual Services Charge shall be reduced by the full amount of the Targeted Cost Reductions applicable to Targeted Resource Reductions, and any affected Resource Baselines and ARC/RRC Rates shall be equitably adjusted, as appropriate.

  • The parties initially shall attempt to agree upon (i) the occurrence of an Extraordinary Event; (ii) Targeted Resource Reductions, Targeted Cost Reductions, Targeted Resource Additions, and Targeted Cost Increases; and (iii) the appropriate adjustment to Charges and the *** Omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.


More Definitions of Targeted Cost Reductions

Targeted Cost Reductions has the meaning set forth in Section 10.8(d)(ii).
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Targeted Cost Reductions. Has the meaning set forth in Section 8.4(c)(ii) of Schedule C to the General Terms and Conditions Schedule C
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Related to Targeted Cost Reductions

  • Administrative Cost Rate As of any date of determination, a rate equal to the sum of the Servicing Fee Rate, the Operating Advisor Fee Rate, the Asset Representations Reviewer Ongoing Fee Rate, the CREFC® Intellectual Property Royalty License Fee Rate and the Trustee/Certificate Administrator Fee Rate.

  • S&P Recovery Rate With respect to a Collateral Obligation, the recovery rate set forth in Section 1 of Schedule 4 using the Initial Rating of the most senior Class of Secured Notes Outstanding at the time of determination.

  • Maximum allowable cost list means a list of drugs for

  • Recovery Rate means, in relation to any UK Four institution the percentage of the original face value of senior unsecured debt obligations of the affected UK Four institution, as derived by the Calculation Agent from either the ISDA Auction Final Price or the Market Value.

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Monthly Excess Cashflow For any Distribution Date, an amount equal to the sum of the Monthly Excess Interest and Overcollateralization Release Amount, if any, for such date.

  • Operating Margin Customer means a Control Area purchasing Operating Margin pursuant to an agreement between such other Control Area and the LLC.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Appropriate List Matching Data means (A) account registration and alternate payee data, to the extent made appropriate by statutes, rules or regulations governing the U.S. Government Lists, (ii) data determined by BNYM in light of statutes, rules or regulations governing the U.S. Government Lists to be necessary to provide the services described in this Section 3(b)(5), and (iii) data the parties agree in writing to be necessary to provide the services described in this Section 3(b)(5).

  • Administrative cost means a fee imposed to cover:

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Level V Pricing applies on any day if no other Pricing Level applies on such day.

  • Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.5 of this Regulation.

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.