Examples of Concession Year in a sentence
Accordingly, Quoted Annual Guarantee (QAG) and Progressive Revenue Share shall be determined to arrive at Annual Concession Fees for a particular Concession Year.
The efficacy variable is time from randomisation to first occurrence of any event from the composite of all-cause mortality, MI, stroke, intracranial haemorrhage and fatal bleeding• Health care resource utilisation and utilities assessed by Euro Quality of Life-5 Dimensions (EQ- 5D) questionnaire to support health technology assessment and health economic modelling.
At the end of each Concession Year an adjustment shall be made between the ENGLAND AUTHORITY and CONCESSIONAIRE, so that the total amount payable and paid for such Concession Year shall be the greater of (i) the Minimum Annual Guarantee or (ii) a sum equal to twelve (12%) percent of Gross Revenue of the CONCESSIONAIRE for such Concession Year.
Each twelve (12) month period, or portion thereof, shall be considered a Concession Year.
For the first Concession Year, QG per PAX shall be the guaranteed amount per domestic passenger quoted by the Selected Bidder.