VEC System definition

VEC System means the computer data processing systems operated by VEC prior to the Effective Date--whether located in San Antonio, Houston, Corpus Christi, or any office of VEC--as may be modified by VEC after the Effective Date.
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Examples of VEC System in a sentence

  • Each month VEC will determine the percentage of Valero Refining's mainframe-based use of the VEC System, and will ▇▇▇▇ ▇▇▇▇▇▇ Refining an amount equal to the total VEC System mainframe-based operating, maintenance and data storage costs multiplied by Valero Refining's percentage of such use.

  • Valero Refining will comply with all reasonable policies, procedures and standards published and provided by VEC relating to the operation of the VEC System and to the performance of Information Services.

  • For the VEC System software used in performing the Information Services, VEC will provide all maintenance necessary to keep such software performing in accordance with the specifications in effect as of the Effective Date.

  • VEC will provide data processing ------------------- services on the VEC System to Valero Refining for all applications supporting the VRM Business (as defined in the Distribution Agreement) as of the Effective Date.

  • VEC may from time to time ---------------------------- provide Valero Refining with instructions governing the operation of the VEC System.

  • For all mainframe-based use of the VEC System by Valero Refining, Valero Refining agrees to pay to VEC a fee determined on a "percentage of use" basis.

  • For all mainframe-based use of the VEC System ------------ by Valero Refining, Valero Refining agrees to pay to VEC a fee determined on a "percentage of use" basis.

  • VEC will provide data processing services on the VEC System to Valero Refining for all applications supporting the VRM Business (as defined in the Distribution Agreement) as of the Effective Date.

  • General - Other Allocation based upon total FTE’s in the company at the end of each month and then allocated out based upon the % of FTE’s assigned to the individual store.

  • VEC will provide maintenance required for ----------- the VEC System computer equipment, data communications facilities and operating system software used in performance of the Information Services.