Common use of Calculation of Service Credits Clause in Contracts

Calculation of Service Credits. 6.1 The value of one Service Credit is calculated as follows: Total 10 year Projected Revenues x 20% ÷ (number of weeks from the Service Commencement Date to Original Expiry Date x 6)

Appears in 2 contracts

Samples: data.parliament.uk, www.whatdotheyknow.com

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Calculation of Service Credits. 6.1 The value of one Service Credit is calculated as follows: (In respect of the period up to 31 May 2008) Total 10 year Projected Revenues x 20% ÷ (number of weeks from the Service Commencement Date to Original Expiry Date x 6) (In respect of the period from and including 01 June 2008) Total 10 year Projected Revenues x25% (number of weeks from the Service Commencement Date to Original Expiry Date x6)

Appears in 1 contract

Samples: Draft Services Agreement

Calculation of Service Credits. 6.1 The value of one Service Credit is calculated as follows: Total 10 year [Projected Revenues Revenues] x 20% ÷ (number of weeks from the Service Commencement Date to Original Expiry Date x 6)

Appears in 1 contract

Samples: Draft Services Agreement

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Calculation of Service Credits. 6.1 The value of one Service Credit is calculated as follows: (In respect of the period up to 31 October 2008) Total 10 year Projected Revenues x 20% ÷ (number of weeks from the Service Commencement Date to Original Expiry Date x 6) (In respect of the period from and including 1 November 2008) Total 10 year Projected Revenues x 25% ÷ (number of weeks from the Service Commencement Date to Original Expiry Date x 6)

Appears in 1 contract

Samples: Services Agreement

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