Revenue Foregone definition

Revenue Foregone means an amount equal to the amount of revenue or other value which was not received or receivable by the Franchisee, including: (a) the: (i) debts or other receivables waived, not collected or written off; and/or (ii) value of any other asset not realised in whole or in part, but which would have been receivable and received or otherwise realised by Withdrawn March 2024

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Revenue Foregone means an amount equal to the amount of revenue or other value which was not received or receivable by the Franchisee including: (a) the: (i) debts or other receivables waived, not collected or written off; and/or (ii) value of any other asset not realised in whole or in part, but which would have been receivable and received or otherwise realised by the Franchisee if it had acted as a Good and Efficient Operator; and (b) subject always to paragraph 3.8 (No Double Recovery) of Schedule 8.A (Franchise Payments), the amount by which the Purchase Price (as defined in Clause 1.1 of the Supplemental Agreement) receivable by the Franchisee is lower than it would have been but for the Franchisee: (i) incurring Disallowable Costs; and/or (ii) otherwise acting other than as Good and Efficient Operator; save where, in respect of both (a) and (b) above, such revenue is not received or receivable as a result of the Franchisee acting in accordance with the instructions of the Authority; “Supporting Materials" means any materials explaining or supporting the Budget produced or compiled by the Franchisee;

Revenue Foregone means an amount calculated in a manner specified in a DPP determination or CPP determination by applying–

Examples of Revenue Foregone in a sentence

Without prejudice to the generality of the foregoing, in considering any revisions to the Budget, regard shall be had to the definitions of Costs, Revenue, Capital Expenditure, Good and Efficient Operator, Disallowable Costs and Revenue Foregone, so as to ensure that the revisions to the Budget are consistent with those definitions.
Revenue Foregone, Accrued Disallowable Costs and Accrued Revenue Foregone of the Final Reviewed Accounts reconciled to the Management Accounts in relation to the period of the term of the EMA, in a format to be from time to time reasonably specified by the Scottish Ministers (the “Final Reviewed Accounts Reconciliation”).
Revenue Foregone, Accrued Disallowable Costs and Accrued Revenue Foregone of the Final Reviewed Accounts reconciled to the Management Accounts in relation to the period of the term of the EMA, in a format to be from time to time reasonably specified by the Secretary of State (the “Final Reviewed Accounts Reconciliation”).
For all Reporting Periods, line items should be disaggregated between sections in relation to Actual Costs, Actual Revenues, Actual Capex, Disallowable Costs, Revenue Foregone, Accrued Disallowable Costs, Accrued Revenue Foregone, accrued SoS Claims, Non-Recoverable Costs and Unreimbursed Disallowable Costs; and (ii) a supplementary explanation setting out details of any Non- Recoverable Costs and Disallowable Costs that have not been reimbursed for that Franchisee Year.
Revenue Foregone and/or Authority Claims (and/or in accordance with paragraph 5.9, relevant Initial Authority Claim Amounts, as applicable) are to be considered as part of any Periodic Finance Review Meeting.

More Definitions of Revenue Foregone

Revenue Foregone means an amount equal to the amount of revenue or other

Revenue Foregone means an amount equal to the amount of Revenue or other value which was not received or receivable by the Franchisee, including: a) the: REFERENCE (CLAUSE/PARAGRAPH/SCHEDULE) AMENDMENT i. debts or other receivables waived, not collected or written off; and/or ii. value of any other asset not realised in whole or in part, but which would have been receivable and received or otherwise realised by the Franchisee if it had acted as a Good and Efficient Operator; and b) subject always to paragraph 6.1 (No Double Recovery) of Schedule 8.1A (Franchise Payments), the amount by which the Purchase Price (as defined in clause 2.1 of the Supplemental Agreement) receivable by the Franchisee is lower than it would have been but for the Franchisee: i. incurring Disallowable Costs; and/or ii. otherwise acting other than as Good and Efficient Operator; save where, in respect of both paragraphs (a) and (b) above, such Revenue or other value is not received or receivable as a REFERENCE AMENDMENT (CLAUSE/PARAGRAPH/SCHEDULE) result of the Franchisee acting in accordance with the instructions of the Secretary of State;

Revenue Foregone means an amount equal to the amount of Revenue or other value which was not received or receivable by the Franchisee, including: (a) the: (i) debts or other receivables waived, not collected or written off; and/or (ii) value of any other asset not realised in whole or in part, but which would have been receivable and received or otherwise realised by the Franchisee if it had acted as a Good and Efficient Operator; and (b) subject always to paragraph 6.1 (No Double Recovery) of Schedule 8.1A (Franchise Payments), the amount REFERENCE AMENDMENT (CLAUSE/PARAGRAPH/SCHEDULE) by which the Purchase Price (as defined in clause 2.1 of the Supplemental Agreement) receivable by the Franchisee is lower than it would have been but for the Franchisee: (i) incurring Disallowable Costs; and/or (ii) otherwise acting other than as Good and Efficient Operator; save where, in respect of both paragraphs (a) and (b) above, such Revenue or other value is not received or receivable as a result of the Franchisee acting in accordance with the instructions of the Secretary of State;

Revenue Foregone. SoS Claim" "Supporting Materials" "Unreimbursed Disallowable Costs" "Working Capital Payment" "Working Capital Repayment" "Working Capital Shortfall"

Revenue Foregone means an amount equal to the amount of Revenue or other value which was not received or receivable by the Franchisee, including: (a) the: (i) debts or other receivables waived, not collected or written off; and/or (ii) value of any other asset not realised in whole or in part, but which would have been receivable and received or REFERENCE (CLAUSE/PARAGRAPH/SCHEDULE) AMENDMENT otherwise realised by the Franchisee if it had acted as a Good and Efficient Operator; and (b) subject always to paragraph 6.1 (No Double Recovery) of Schedule 8.1A (Franchise Payments), the amount by which the Purchase Price (as defined in clause 2.1 of the Supplemental Agreement) receivable by the Franchisee is lower than it would have been but for the Franchisee: (i) incurring Disallowable Costs; and/or (ii) otherwise acting other than as Good and Efficient Operator; save where, in respect of both paragraphs (a) and (b) above, such Revenue or other value is not received or receivable as a result of the Franchisee acting in accordance with the instructions of the Secretary of State;