Third Party Income definition

Third Party Income means the Contractor's, Affiliates’ and Sub-Contractor’s income (but, in respect of Affiliates and Sub-Contractors, only where that income relates to arrangements between the Contractor and an Affiliate or a Sub-Contractor that have been entered into after the date of this Contract on a non-arm's length basis or at an undervalue and then only to the extent that the Contractor has thereby avoided income that would otherwise in the ordinary course have accrued to the Contractor) from third parties (other than the Authority under this Contract) associated with the Project and including without limitation that derived from the sale of or making arrangements in relation to heat, power, recyclate, and/or spare capacity in the Facility including any insurance proceeds received by the Contractor in relation to lost Third Party Income (less the costs of generating such income where such costs are reasonably additional to the costs in the Base Case);

Third Party Income means the Waste Services Contractor’s and/or sub-contractor’s income from third parties (other than the Authority under the Waste Services Contract) associated with the Project including without limitation that derived from the sale of recyclables (less the marginal costs of generating such income); the sale of electricity, heat and income derived from the processing of Third Party Waste at any Facility; Third Party Income Deduction means the amount calculated in accordance with paragraph 10;

Third Party Income means monies received from parish councils, charities, schools or other authorities shall be added to final account.

Examples of Third Party Income in a sentence

• This Agreement does not create or in any way cause AHS to be responsible for the payment of Third Party Income.

• The Gain Share and Third Party Income offers from Capita are considered well above market standard and ensures that the LA will benefit financially from the scalability of the contract.

• Also, it should be noted that annualized costs of personnel changes made without specific approval of the program administration (i.e. changes not requiring a budget modification) may not necessarily be funded in subsequent years.2080.05 Third- Party Income - When a modification request is submitted because third-party income is over or under the budget estimate, the vendor may request an increase or decrease of the total program budget to reflect the change.

• Also, it should be noted that annualized costs ofpersonnel changes made without specific approval of the program administration (i.e. changes not requiring a budget modification) may not necessarily be funded in subsequent years.2080.05 Third- Party Income - When a modification request is submitted because third-party income is over or under the budget estimate, the vendor may request an increase or decrease of the total program budget to reflect the change.

• The EfW Variation Solution proposes the generation of Third Party Income from (i) gate fees relating to the acceptance of Third Party Waste, and (ii) revenue from the sale of electricity generated by the Facility through the treatment of both contract and Third Party Waste.

• Third Party Income included in the base case EfW Variation Financial Model is guaranteed by MWMMWM.

• Capita submitted excellent commercial offers plus a robust methodology for both Gain Share and Third Party Income which are the contractual mechanism for ensuring that this contract can offer shared services to other London Boroughs and the third sector.

• There was further icing on this PPP cake in the form of Third Party Income (TPI).

• In most projects, this would only cover Commissioning Payment, Unitary Charge and subject to Clause 50.2, Third Party Income (without double counting).

• Refer to Clause 50 (Third Party Income) and associated provisions in the Payment Mechanism and Authority's requirements.

More Definitions of Third Party Income

Third Party Income the sum calculated in accordance with paragraph 7.10 of Schedule 5 (Payment Mechanism); “Third Party Revenue” revenue received by the Contractor for the receipt of Third Party Waste less any Allowable Third Party Revenue Cost;

Third Party Income the net income derived from parties (other than the Councils) after offsetting any costs of deriving the same including income in respect of tradeable certificates pursuant to the regime established under the Electricity Xxx 0000 and the Renewables Obligation Order 2006 and the Renewables Obligation Order 2009;

Third Party Income means all other building control services outside of the building regulations services undertaken for third parties “TUPE Regulations” means the Transfer of Undertakings ( Protection of Employment) Regulations 2006 “Working Days” means the days on which the Parties’ offices are open to the public

Third Party Income means all sums received by a Fire Authority in connection with any arrangements with third parties which will involve the provision of goods or services using the Assets, Premises or TVFCS Staff including Third Party Income Arrangements; Third Party Income Arrangements means those arrangements under which Third Party Income is received as described in Schedule 12 (Third Party Income Arrangements); Transferring Employees has the meaning given to it in paragraph 1 of Schedule 11 (TVFCS Staffing Arrangements); TVFCS means the Thames Valley Fire Control Service; TVFCS Asset means any equipment purchased from the Annual TVFCS Revenue Budget, the Renewals Account or the Programme Budget regardless of which Fire Authority or Fire Authorities have title to it; TVFCS Capex Programme means the capital expenditure programme profiling anticipated capital expenditure over the Term; TVFCS Contract means any contract between one or more of the Fire Authorities and a third party relating to the Purpose which is procured for the Purpose and is funded from the TVFCS Revenue Account or the Renewals Account, save that it shall not include the SAN H Agreement or the Control Link Agreement; TVFCS Control Manager means the person appointed from time to time to manage the operation of the Primary and Secondary Control Rooms; TVFCS Processes and Procedures has the meaning set out in clause 14.4 (Concept of Operations and Processes and Procedures);