Type B Variance definition

Type B Variance has the meaning specified in Section 9.6(b) of the Agreement.
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Type B Variance has the meaning specified in the Business Process Outsourcing Services Statement of Work.
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Type B Variance has the meaning set forth in Section 3.16.
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Examples of Type B Variance in a sentence

  • Promptly after the end of each calendar month, ADMINISTRATOR shall furnish COMMONWEALTH a detailed, itemized report listing (a) Variances due to ADMINISTRATOR errors (each, a "Type A Variance") and (b) Variances that are not due to ADMINISTRATOR errors (each, a "Type B Variance"); provided that ADMINISTRATOR shall promptly notify COMMONWEALTH of any Variance from any discrepancy or other error that results in a net gain or net loss in excess of $5,000, whether a Type A Variance or a Type B Variance.

  • A Type A or Type B Variance shall be deemed to have occurred on the date the transaction occurs (or should have occurred) that results in the discrepancy or other error.

  • Promptly after the end of each calendar month, Vendor shall furnish Customer a detailed, itemized report listing (a) Variances caused by Vendor’s errors (each, a “Type A Variance”) and (b) Variances that are not caused by Vendor’s errors (each, a “Type B Variance”); provided that Vendor shall promptly inform Customer of any Variance from any discrepancy or other error that results in a net gain or net loss in excess of fifteen thousand dollars ($15,000), whether a Type A Variance or a Type B Variance.

  • Promptly after the end of each calendar month, ADMINISTRATOR shall furnish CLIENT a detailed, itemized report listing (a) Variances due to ADMINISTRATOR errors (each, a "Type A Variance") and (b) Variances that are not due to ADMINISTRATOR errors (each, a "Type B Variance"); provided that ADMINISTRATOR shall promptly notify CLIENT of any Variance from any discrepancy or other error that results in a net gain or net loss in excess of $5,000, whether a Type A Variance or a Type B Variance.

Related to Type B Variance

  • Permitted Variance shall have the meaning set forth in Section 6.20.

  • Variance means a grant of relief from the requirements of this chapter which permits construction in a manner that would otherwise be prohibited by this chapter.

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Type B package means a Type B packaging together with its radioactive contents. On approval, a Type B package design is designated by NRC as B(U) unless the package has a maximum normal operating pressure of more than 700 kPa (100 lb/in2 ) gauge or pressure relief device that will allow the release of radioactive material to the environment under the tests specified in 10 CFR 71 (hypothetical accident conditions), in which case it will receive a designation B(M). B(U) refers to the need for unilateral approval of international shipments; B(M) refers to the need for multilateral approval of international shipments. There is no distinction made in how packages with these designations may be used in domestic transportation. To determine their distinction for international transportation, see DOT regulations in 49 CFR 173. A Type B package approved before September 6, 1983, was designated only as Type B. Limitations on its use are specified in 10 CFR 71.13.