Record of Assumptions means a document in the agreed terms marked ROA prepared by the Franchisee (and/or, where Schedule 9.1 (Financial and Other Consequences of Change) applies) applies, as may be revised in accordance with Schedule 9 (Changes and Variations)) and Placed in Escrow providing: (a) detailed assumptions, explanations of assumptions and parameters underlying the Financial Model; (b) details of how Franchise Payments have been calculated (including by reference to a defined annual profit margin); (c) a description of the functionality, operation and structure of the Financial Model; and (d) a description of each input cell, its requirements and its inter-relationship with the Financial Model;
Record of Assumptions or “ROA” means a document in the agreed terms marked ROA prepared by the Franchisee (and/or, where Schedule 9.1 (Financial and Other Consequences of Change) applies) as may be revised in accordance with Schedule 9 (Changes and Variations) and Placed in Escrow providing: (a) detailed assumptions, explanations of assumptions and parameters underlying the Financial Model; (b) details of how Franchise Payments have been calculated (including by reference to a defined annual profit margin); (c) a description of the functionality, operation and structure of the Financial Model; and (d) a description of each input cell, its requirements and its inter-relationship with the Financial Model;
Record of Assumptions means a document in the agreed terms marked ROA prepared by the Franchisee and Placed in Escrow providing: (a) detailed assumptions, explanations of assumptions and parameters underlying the Financial Model; (b) details of how Franchise Payments have been calculated (including by reference to a defined annual profit margin); (c) a description of the functionality, operation and structure of the Financial Model; and (d) a description of each input cell, its requirements and its inter-relationship with the Financial Model;
Examples of Record of Assumptions in a sentence
The ABA’s Record of Assumptions (in accordance with subsection 27(2) of the Act) are at Appendix 3.
Bidders are requested to detail the approach adopted in their Operating Manual and/or Record of Assumptions.
In their Record of Assumptions, Stagecoach purported to have bid in accordance with the DfT’s rebid instructions but added further assumptions, including that the PRSM mechanism would also apply to the 2022 and subsequent valuations if they further amended the DRCs payable by the franchisee.
The Operating Manual and Record of Assumptions should clearly explain the method by which the switch selects the case of the different scenarios.
The Record of Assumptions should contain all financial and operational assumptions used and shall explain and discuss the inputs of each Model, including the base unit cost for each input.
More Definitions of Record of Assumptions
Record of Assumptions means a document in the agreed terms marked ROA prepared by the Franchisee and Placed in Escrow providing:
Record of Assumptions means a document prepared by the Operator in the agreed terms marked ROA, or as may be revised in accordance with Schedule 13 (Changes and Variations) and Placed in Escrow providing:
Record of Assumptions or "ROA" means a document in the agreed terms marked ROA prepared by the Franchisee (and/or, where Schedule 9.1 (Financial and Other Consequences of Change) applies) as may be revised in accordance with Schedule 9 (Changes and Variations) and Placed in Escrow providing:
Record of Assumptions or "ROA" has the meaning given to it in Condition H of the Network Code; means, for the purposes of Schedule 5 (Fares and Smart Ticketing) only, services for the carriage of passengers by railway which are provided by a person who is bound by the Ticketing and Settlement Agreement, or any part of it, and including the Franchisee and any other Train Operator from time to time; means the pension scheme established by the Railways Pension Scheme Order 1994 (No. 1433); has the meaning given to it in paragraph 10.9 Schedule 9.1 (Financial and Other Consequences of Change); means a document in the agreed terms marked ROA prepared by the Franchisee (and/or, where Schedule 9.1 (Financial and Other Consequences of Change) applies) as may be revised in accordance with Schedule 9 (Changes and Variations) and Placed in Escrow providing:
Record of Assumptions means the record of assumptions on the CD attached at Schedule 21, as may be replaced in accordance with Appendix 2 of Part 2 of Schedule 15 of this Agreement only;
Record of Assumptions. 57 means a document in the agreed terms marked ROA2 prepared by the Franchisee or as may be revised in accordance with Schedule 9 (Changes)) and Placed in Escrow providing:
Record of Assumptions. 57 means a document in the agreed terms