UTP PRICING definition
UTP PRICING means the fixed rate charged per Unit in the provision of a Service by WNS to BA as agreed between the parties in an SLA or pursuant to an amended Purchaser Order to a SLA;
Level V Pricing applies on any day if no other Pricing Level applies on such day.
Catalog Pricing and Pricing Requirements
Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.
Level IV Pricing applies on any day on which (i) the Borrower’s long-term debt is rated BBB+ or higher by S&P or Baa1 or higher by Moody’s and (ii) none of Level I Pricing, Level II Pricing or Level III Pricing applies.
Level III Pricing applies on any day on which (i) the Borrower’s long-term debt is rated A- or higher by S&P or A3 or higher by Moody’s and (ii) neither Level I Pricing nor Level II Pricing applies.