Supplier Profit means, in relation to a period or a Milestone (as the context requires), the difference between the total Call Off Charges (in nominal cash flow terms but excluding any Deductions) and total Costs (in nominal cash flow terms) for the relevant period or in relation to the relevant Milestone;
Supplier Profit has the meaning given in Schedule 7 (Charges and Invoicing);
Supplier Profit in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions and total Costs (in nominal cash flow terms) in respect of a Call-Off Contract for the relevant period;
Examples of Supplier Profit in a sentence
Any Changes to the Charges shall be developed and agreed by the Parties in accordance with Schedule 8.2 (Change Control Procedure) and on the basis that the Supplier Profit Margin on such Charges shall: be no greater than that applying to Charges using the same pricing mechanism as at the Effective Date (as set out in the Contract Inception Report); and in no event exceed the Maximum Permitted Profit Xxxxxx.
More Definitions of Supplier Profit
Supplier Profit means, in relation to a period or a Milestone (as the context requires), the difference between the total Charges (in nominal cash flow terms but excluding any Deductions) and total Costs (in nominal cash flow terms) for the relevant period or in relation to the relevant Milestone;
Supplier Profit means, in relation to a period or a Milestone (as the
Supplier Profit means, in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions (as defined in Call Off Schedule 1 (Definitions)) "Supplier Profit Margin" "Supplier Representative" "Suppliers Confidential Information" "Template Call Off Terms" "Template Order Form"
Supplier Profit means, in relation to a period, the difference between "Supplier Profit Margin"
Supplier Profit means, in relation to a period, the difference between the total Call Off Charges (in nominal cash flow terms but excluding any Deductions) and total Costs (in nominal cash flow terms) for the relevant period;
Supplier Profit means, in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions (as defined in Call Off Schedule 1 (Definitions)) and total Costs (in nominal cash flow terms) in respect of any Call Off Agreements for the relevant period; "Supplier Profit Margin" means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage; "Supplier Representative" means the representative appointed by the Supplier from time to time in relation to this Framework Agreement; "Supplier's Confidential Information" means any information, however it is conveyed, that relates to the business, affairs, developments, trade secrets, Know-How, personnel and suppliers of the Supplier, including IPRs, together with information derived from the above, and any other information clearly designated as being confidential (whether or not it is marked as "confidential") or which ought reasonably to be considered to be confidential; "TEM Provider" means the Supplier appointed by the Authority to provide telecoms expense management; "Template Call Off Terms" means the template terms and conditions in Annex 2 to Framework Schedule 4 (Template Order Form and Template Call Off terms); "Template Order Form" means the template form in Annex 1 to Framework Schedule 4 (Template Order Form and Template Call Off terms); "Tender" means the tender submitted by the Supplier to the Authority on [insert date dd/mm/yyyy], a copy of which is set out in Framework Schedule 15 (Tender); "Termination Notice" means a written notice of termination given by one Party to the other, notifying the Party receiving the notice of the intention of the Party giving the notice to terminate this Framework Agreement on a specified date and setting out the grounds for termination; “Unresolved Dispute” has the meaning given to it in paragraph 4.2 of Framework Schedule 8 (Framework Management); "Variation" has the meaning given to it in Clause 36.1.1 (Variation Procedure); "Variation Form" means the form that will be completed and signed by the Parties to effect a variation which shall be in the form set out in Framework Schedule 14 (Variation Form); "Variation Procedure" means the procedure for carrying out a Variation as set out in Clause 36.1 (Variation Procedure); "VAT" means value added tax in accordance with the provisions of the Value Added Tax...
Supplier Profit. 152 means, in relation to a period, the difference between the total Charges (in nominal cash flow terms but excluding any Deductions (as defined in Contract Schedule 1 (Definitions)) and total Costs (in nominal cash flow terms) in respect of any Contracts for the relevant period;