Adjusted Financial Model definition

Adjusted Financial Model means, at any time, the Financial Model but adjusted as if the Exhibition Street Extension and CLEP did not exist.

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Adjusted Financial Model means the Unadjusted Financial Model, as defined above in this paragraph, adjusted by the Concessionaire, subject to agreement with the Utility, to take account of:

Adjusted Financial Model means, at any

Examples of Adjusted Financial Model in a sentence

To the extent that the Concessionaire and the Department cannot agree on the changes within 20 Days of the Concessionaire delivering the proposed Adjusted Financial Model Update or Base Case Financial Model Update (as applicable) to the Department, the Dispute will be resolved in accordance with the dispute resolution procedures described in Article 21.
Within 10 Days after receipt, the Department will accept or dispute a proposed Adjusted Financial Model Update or proposed Base Case Financial Model Update (as applicable) and, if it disputes a proposed Adjusted Financial Model Update or Base Case Financial Model Update (as applicable), specifying its reasons for such dispute in sufficient detail to enable the Concessionaire to correct the errors or deficiencies.
The second stage also involves using the method specified in paragraph 2.12(d) of the City Link Concession Deed, but as if references in that paragraph to the Base Case Financial Model were references to the Adjusted Base Case Financial Model and references to the Financial Model were references to the Adjusted Financial Model (each as defined in paragraph (g)).
The Concessionaire will furnish to the Department any password or other access rights for each of the Initial Base Case Financial Model, the Adjusted Financial Model and the Base Case Financial Model.
The Concessionaire will furnish to the Department any password or other access rights for the Base Case Financial Model Update or Adjusted Financial Model Update.

More Definitions of Adjusted Financial Model

Adjusted Financial Model means the computer model, (the output from which is provided in electronic and hard copy format) which is prepared for and on behalf of the Operator and using the assumptions set out in the Financing Documents and other Project Documents and commitments of the Operator to produce financial projections as required by this Agreement, as the same is adjusted (subject to Clause 15.7 of the Senior Credit Agreement) from time to time in accordance with economic, financial and technical assumptions and/or forecasts and the current financial position of the Operator. For the purposes of Sections 21 (Compensation on Termination), 24 (Change Adjustments), and 27 (Refinancing), the Council shall have the right to appoint an independent expert to audit at the Council’s cost the formulae, algorithms and calculations on which the Adjusted Financial Model is based to ensure that they are accurate, complete and consistent; by the Operator (and/or any Services Provider) those employees who are immediately prior to such partial cessation wholly or mainly assigned to that part or those parts of the Services which are to cease to be provided by the Operator (and/or any Services Provider); Affiliate means, in relation to a company (the "first company”), any holding company or subsidiary of the first company or any subsidiary of any such holding company or any person who controls, or is controlled by, the first company, or any such holding company or subsidiary, within the meaning of Section 840 of the Income and Corporation Taxes ▇▇▇ ▇▇▇▇; Agreed Appraisal shall have the meaning given in Clause 83.4.2 (Agreed Appraisal);

Adjusted Financial Model means the Base Case Financial Model and any subsequent financial model revised and updated to reflect the cumulative effect of all amendments agreed between the Parties pursuant to Part 10 of the Schedule (Change Adjustment);