Benchmarked Values definition

Benchmarked Values means the figures set out in columns B to I (inclusive) of Schedule 6 to the Contract;"Cancelled Train"means:(a) in relation to a Train scheduled in the Applicable Timetable, failure of the Train to set down or pick up passengers at a station in accordance with the Applicable Timetable; or(b) in relation to a Train scheduled in the Applicable Timetable to leave HS1, failure of the Train to cross the Channel Tunnel Boundary or the NR Boundary as specified in the Applicable Timetable; "Cancellation Minutes" means, in relation to a Cancelled Train, the number of Cancellation Minutes specified in column F of the table at Schedule 6 to the Contract for Trains of its Traffic Type;"Channel Tunnel Boundary"means the point on HS1 at which trains:(a) travelling from France begin to be controlled by the HS1 signalling system (such part being block section marker "AF 362"); or(b) travelling towards France cease to be so controlled (such point being block section marker "AF 366");"HS1 Ltd Excluded Incidents"means any one or more:(a) incidents resulting in the late presentation of a Train onto HS1 from either the Channel Tunnel Boundary or the NR Boundary and recorded as Minutes Delay at the first Recording Point triggered by that Train after it crosses onto HS1 from the Channel Tunnel Boundary or the NR Boundary except where the Minutes Delay and/or Cancelled Trains are a direct result of an incident for which HS1 Ltd is allocated responsibility in accordance with paragraph 4.2; and(b) third party incidents occurring off HS1 including fires and gas leaks originating off HS1;"Material Change"means:(a) a significant physical modification to the Network resulting in a material change in the performance andreliability of HS1 unless, in the case of a review notice served by HS1 Ltd, the same was caused by a failure of HS1 Ltd to maintain HS1 in accordance with the Contract; or(b) a physical modification to HS1 due to an inherent defect in the construction of the Network unless, in the case of a review notice served by HS1 Ltd, the same was caused by a failure of HS1 Ltd to maintain it in accordance with the Contract; or(c) an increase or decrease of not less than 4% in the number of timetabled train movements on HS1 in any Timetable Year (as reflected in the Working Timetable which takes effect on the Principal Change Date and as if the Services set out in that Working Timetable were to be operated until the next Principal Change Date); or(d) a significant change in the per...
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Benchmarked Values means the figures set out in columns B to I (inclusive) of Schedule 6 to the Contract;
Sample 1Sample 2
Benchmarked Values means the figures set out in columns B to I (inclusive) of Schedule 6 to the Contract; "Cancelled Train" means:(a) in relation to a Train scheduled in the Applicable Timetable, failure of the Train to set down or pick up passengers at a station in accordance with the Applicable Timetable; or(b) in relation to a Train scheduled in the Applicable Timetable to leave HS1, failure of the Train to cross the Channel Tunnel Boundary or the NR Boundary as specified in the Applicable Timetable; "Cancellation Minutes" means, in relation to a Cancelled Train, the number of Cancellation Minutes specified in column F of the table at Schedule 6 to the Contract for Trains of its Traffic Type; "Channel Tunnel means the point on HS1 at which trains:
Sample 1

Related to Benchmarked Values

  • Benchmarked Price means the higher of:

  • Benchmarked Rates means the Framework Prices for the Benchmarked Services;

  • Approved Valuation Firm means, with respect to any Collateral Obligation, each of (a) Xxxxxx Xxxxxx, (b) Xxxxxxxx Xxxxx, (c) Lincoln International LLC, (d) Duff & Xxxxxx and (e) any other nationally recognized valuation firm approved by the Borrower and the Facility Agent.

  • Methodology means a document describing how a designated benchmark administrator determines a designated benchmark;

  • Benchmark Price shall have the meaning ascribed to the term in Section 1.1 of the relevant Trust Agreement.

  • Principle-based valuation means a reserve valuation that uses one or more methods or one or more assumptions determined by the insurer and that is required to comply with subsection 15 as specified in the valuation manual.

  • Benchmarks mean the performance milestones that are set forth in Appendix D.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Benchmark Gilt means, in respect of a Reset Period, such United Kingdom government security having a maturity date on or about the last day of such Reset Period as the Calculation Agent, with the advice of the Reference Banks, may determine to be appropriate;

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Price in respect of such day.

  • Appraised Value The value set forth in an appraisal made in connection with the origination of the related Mortgage Loan as the value of the Mortgaged Property.

  • Valuation Price means in respect of a Valuation Date and any relevant Scheduled Trading Day, the price of the Reference Asset at the Valuation Time on such day, as determined by the Determination Agent.

  • Benchmark Replacement Adjustment means, with respect to any replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement:

  • Adjusted Value as used in subdivision (d) means:

  • SOFR Benchmark Replacement Date means the Benchmark Replacement Date with respect to the then-current Benchmark;

  • Alternative Benchmark Rate means an alternative benchmark or screen rate which is customarily applied in international debt capital markets transactions for the purposes of determining floating rates of interest (or the relevant component part thereof) in the Specified Currency, provided that all determinations will be made by the Independent Adviser in its reasonable discretion.

  • Incremental value means a figure derived by multiplying the marginal value of the property located within a project area on which tax increment is collected by a number that represents the adjusted tax increment from that project area that is paid to the agency.

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • Initial Valuation means, when used with reference to specified Collateral, the Valuation initially performed for the Collateral as of the date on which the Collateral was added to the Collateral Pool. The Initial Valuation for each of the Initial Mortgaged Properties is as set forth in Exhibit A to the Agreement.

  • Benchmark Determination Date means (a) if the Benchmark is LIBOR, the LIBOR Determination Date, (b) if the Benchmark is Term SOFR, the date that is two Business Days before the first day of the applicable Accrual Period, (c) if the Benchmark is Compounded SOFR, the date that is five Business Days before the last day of the applicable Accrual Period and (d) if the Benchmark is any other rate, the date determined by the Trust according to Section 2.16 of the Indenture.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • Benchmark Rate means, with respect to any Redemption Date, the rate per annum equal to the annual equivalent yield to maturity or interpolated maturity of the Comparable Benchmark Issue (as defined below), assuming a price for the Comparable Benchmark Issue (expressed as a percentage of its principal amount) equal to the Comparable Benchmark Price for such Redemption Date.

  • Worst Value means, in respect of a SPS Valuation Date, the lowest Underlying Reference Value for any Underlying Reference in the Basket in respect of such SPS Valuation Date.

  • Assumed Reinvestment Rate one-twelfth (1/12) of the yield rate, as of the date 5 Business Days before the Prepayment Date, on the Treasury Security, as reported in The Wall Street Journal, expressed as a decimal calculated to five digits. In the event that no yield is published on the applicable date for the Treasury Security, Lender, in its discretion, shall select the non-callable Treasury Security maturing in the same year as the Treasury Security with the lowest yield published in The Wall Street Journal as of the applicable date. If the publication of such yield rates in The Wall Street Journal is discontinued for any reason, Lender shall select a security with a comparable rate and term to the Treasury Security. The selection of an alternate security pursuant to this Section shall be made in Xxxxxx’s discretion.

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Valuation Firm means a nationally recognized independent investment banking or valuation firm with expertise in the oil and gas sector.