Turnaround Time Commitment definition
Turnaround Time Commitment means for each Cutoff the time between the Start of Clock and the completion of production.
Examples of Turnaround Time Commitment in a sentence
In the event Customer sends to Broadridge an Image volume exceeding Peak Volume, then the Turnaround Time Commitment shall increase by an additional 50% of the Turnaround Time for that Document Type for every 50% of Peak Volume above Peak Volume or portion thereof beginning with the Corp causing the volume to be in excess of the Peak Volume.
The service credit shall be calculated as follows: [Total number of monthly Packages which do not meet the Turnaround Time Commitment / total number of Packages completed during the measured month] 1% If Supplier provides a service credit for three consecutive months then the service credit for the subsequent months shall be 100%.