Common use of Third Party Income Clause in Contracts

Third Party Income. 12.5.1 The Councils acknowledge the provisions of Clause 50 (Third Party Income) of the Project Agreement, paragraph 9 (Third Party Income Deduction) of the Project Agreement Payment Mechanism and paragraph 6 (Principles Relating to Third Party Income) of Schedule 19 (Revision of Base Case and Custody) in relation to Third Party Income. 12.5.2 The Councils agree that the provisions of paragraph 3 of Schedule 11 (JWA2 Payment Mechanism) relating to [Gain Share Revenues] shall apply in relation to payments in respect of Third Party Income.

Third Party Income. 12.5.1 The Councils acknowledge the provisions of Clause 50 39 (Third Party Income) of the Project Agreement, paragraph 9 10 (Third Party Income Deduction) of the Project Agreement Payment Mechanism and paragraph 6 (Principles Relating to Third Party Income) ( Schedule 4 of Schedule 19 (Revision of Base Case and Custody) in relation to Third Party Incomethe Project Agreement). 12.5.2 The Councils agree that the provisions of paragraph 3 of Schedule 11 (JWA2 Payment Mechanism) relating to [Gain Share Revenues] shall apply in relation to payments in respect of Third Party Income.

Third Party Income. 12.5.1 The Councils acknowledge the provisions of Clause 50 (Third Party Income) of the Project Agreement, paragraph 9 8 (Third Party Income DeductionAnnual Gain Share) of the Project Agreement Payment Mechanism and paragraph 6 (Principles Relating to Third Party Income) of Schedule 19 (Revision of Base Case and Custody) in relation to Third Party Income. 12.5.2 The Councils agree that the provisions of paragraph 3 of Schedule 11 (JWA2 Payment Mechanism) relating to [Gain Share Revenues] Revenues shall apply in relation to payments in respect of Third Party Income.