Common use of Authority's Representative Clause in Contracts

Authority's Representative. the representative appointed by the Authority pursuant to clause 12 (Representatives); Authority's Requirements the requirements of the Authority in respect of the Project set out in Schedule 1 (Authority's Requirements); [Authority Warranted Data the information set out or described in Part 1 of Schedule 11 (Warranted Data);]15 Available as defined in Schedule 6 (Payment Mechanism), and "Unavailable", "Availability" and "Unavailability" construed accordingly; Barred List the barred lists provided for under the Safeguarding Vulnerable Groups Act 2006 as amended by the Protection of Freedoms Act 2012; Base Case the financial model agreed between the Parties prior to the date of this Agreement (as updated from time to time in accordance with the terms of this Agreement) for the purpose of, amongst other things, calculating the Unitary Charge; Base Case Equity IRR [INSERT NUMBER] per cent;16 Base Cost [£ ] being the amount as agreed at the Bid Date and set out in the Base Case which represents the insurance cost (which excludes amounts in respect of insurance premium tax and all broker's fees and commissions) which are proposed to be incurred to maintain the Relevant Insurance in each year following the final Services Availability Date, expressed in real terms as at the Bid Date; Base Relevant Insurance Cost the aggregate of the Base Costs which were (at the Bid Date) projected to be incurred to maintain the Relevant Insurance during the Insurance Review Period indexed by actual RPIX from the Bid Date up to the dates on which the Relevant Insurance was placed or renewed either immediately before or during the Insurance Review Period (as applicable in respect of the year in question) less any Base Relevant Insurance Reduction; Base Relevant Insurance Reduction the reduction to be made to the Base Relevant Insurance Cost in respect of a risk which has become Uninsurable or a term or condition which is no longer available and shall be an amount that is either:

Authority's Representative. the representative appointed by the Authority pursuant to clause 12 (Representatives); Authority's Requirements the requirements of the Authority in respect of the Project set out in Schedule 1 (Authority's Requirements); [Authority Warranted Data the information set out or described in Part 1 of Schedule 11 (Warranted Data);]15 Data);]1516 Available as defined in Schedule 6 (Payment Mechanism), and "Unavailable", "Availability" and "Unavailability" construed accordingly; Barred List the barred lists provided for under the Safeguarding Vulnerable Groups Act 2006 as amended by the Protection of Freedoms Act 2012; Base Case the financial model agreed between the Parties prior to the date of this Agreement (as updated from time to time in accordance with the terms of this Agreement) for the purpose of, amongst other things, calculating the Unitary Charge; Base Case Equity IRR [INSERT NUMBER] per cent;16 cent;1617 Base Cost [£ ] being the amount as agreed at the Bid Date and set out in the Base Case which represents the insurance cost (which excludes amounts in respect of insurance premium tax and all broker's fees and commissions) which are proposed to be incurred to maintain the Relevant Insurance in each year following the final Services Availability Date, expressed in real terms as at the Bid Date; Base Relevant Insurance Cost the aggregate of the Base Costs which were (at the Bid Date) projected to be incurred to maintain the Relevant Insurance during the Insurance Review Period indexed by actual RPIX from the Bid Date up to the dates on which the Relevant Insurance was placed or renewed either immediately before or during the Insurance Review Period (as applicable in respect of the year in question) less any Base Relevant Insurance Reduction; Base Relevant Insurance Reduction the reduction school is responsible should be added here. This footnote needs to be made to considered in the Base Relevant Insurance Cost in respect context of a risk which has become Uninsurable or a term or condition which is no longer available and shall be an amount that is either:the whole life of the Project.