Post Termination Service Amount definition

Post Termination Service Amount means for the purposes of clause 43.2 (Retendering Procedure), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Charge which would have been payable in that month under this Agreement and the Maximum Rents and Service Charges that would have first become due and payable in that month had this Agreement not been terminated, less an amount equal to the aggregate of:
Post Termination Service Amount means, for the whole or any part of a Reporting Period from the Termination Date until the Compensation Date, an amount equal to the Maximum XXXX Payments which would have been payable in that Reporting Period (or that part of a Reporting Period) under the XXXX had this Agreement not been terminated, less an amount equal to the aggregate of:
Post Termination Service Amount means for the purposes of clause 65 (Retendering Procedure), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Payment which would have been payable in that month under this PPP Agreement had this PPP Agreement not been terminated, less the aggregate of:

Examples of Post Termination Service Amount in a sentence

  • If any such Post Termination Service Amount has not been set off on or before the Compensation Date then it shall be taken into account in the calculation of the Adjusted Highest Compliant Tender Price.

  • If any Post Termination Service Amount is less than zero, then it shall be carried forward and shall be set off against any future positive Post Termination Service Amounts.

  • Post Termination Service Amount This payment is made both to ensure that the Authority is incentivised to expedite the retender and that any value received by the Authority is reflected post termination.

  • A positive Post Termination Service Amount will occur where the cost incurred by the Authority in procuring the Service itself (including rectification costs) is less than the Monthly Service Payment.

  • If any Post Termination Service Amount is less than zero then it may be carried forward and may be set off against any future positive Post Termination Service Amounts.


More Definitions of Post Termination Service Amount

Post Termination Service Amount means for the purposes of paragraph 3 (Retendering Process) of Section 2 (Compensation for Sub-hubco Default) of this Schedule Part 17 (Compensation on Termination), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Service Payment (pro rata for part of a month) which would have been payable under this Agreement had this Agreement not been terminated, less an amount equal to the aggregate of (without double counting): (where relevant) the amount by which the Post Termination Service Amounts for the previous month was less than zero; the [Market Value Availability Deduction Amount] for that month; and the Rectification Costs incurred by the Authority in that month;
Post Termination Service Amount means, for the purposes of Section 44.2.3, for the whole or any part of a Payment Period for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Performance Payment which would have been payable for that Payment Period or part thereof under this Agreement had this Agreement not been terminated, less an amount equal to the aggregate of:
Post Termination Service Amount means, for the purposes of Section 3.3 of this Schedule 20, for the whole or any part of a Payment Period for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Service Payment which would have been payable under this Project Agreement had this Project Agreement not been terminated, less an amount equal to the aggregate (without double counting) of:
Post Termination Service Amount as defined in Clause 43 (Definitions);
Post Termination Service Amount an amount equal to the Maximum Unitary Charge (pro rata for any part of a Month) which would have been payable in that month under the Agreement had the Agreement not been terminated less an amount equal to the aggregate of:
Post Termination Service Amount means for the purposes of paragraph 1 of Part 4 (Retendering Procedure), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Charge which would have been payable in that month under the Agreement had the Agreement not been terminated, less an amount equal to the aggregate of:
Post Termination Service Amount means for the purposes of paragraph 2 of Part 1 (Retendering Procedure) of Schedule 17 (Compensation on Termination), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Charge which would have been payable in that month under the Project Agreement had the Project Agreement not been terminated, less an amount equal to the aggregate of: the Market Value Availability Deduction Amount for that month; the Rectification Costs incurred by the Authority in that month; and (where relevant), the amount by which the Post Termination Service Amount for the pervious month was less than zero;