Threshold Outturn definition

Threshold Outturn has the meaning given to it in the Project Licence;
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Threshold Outturn means £4,087,726,822 (stated in 2014/15 prices) (or such other amount as shall be agreed by the Authority, the Secretary of State, the Infrastructure Provider and the Incumbent Undertaker from time to time).
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Threshold Outturn has the meaning given to it in the Contingent Equity Support Agreement;
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Examples of Threshold Outturn in a sentence

  • Inputs to be added if this building block becomes relevant (i.e. if Tideway makes an IAR Overrun Application to increase Allowable Project Spend above the Threshold Outturn).

  • To be added to calculation if building block becomes relevant (i.e. if Tideway makes an IAR Overrun Application to increase Allowable Project Spend abovethe Threshold Outturn).

  • To be added to calculation if building block becomes relevant (i.e. if Tideway makes an IAR Overrun Application to increase Allowable Project Spend above the Threshold Outturn).

  • Equity investors in the IP will be required to fund the TTT’s project spend up to the Threshold Outturn, however, they will not be obliged to fund any additional capital costs above the Threshold Outturn, but will have the option to do so.

  • The County reserves the right to issue such addenda to the RFB as it may desireat any time prior to the time for receiving bids.

  • Incentive mechanisms for the project also contain separate disincentives for delay, whereby there will be reductions in the cost of capital that the IP is entitled to recover during the period of delay.In addition, in the event that the project’s construction costs are forecast to exceed the Threshold Outturn, the IP may apply to Ofwat for an increase in allowed revenue (an ‘IAR’ event), under the terms of its project licence, in order to increase revenues to fund the additional expenditure.

  • Additional Return on Capital and Additional LiquidityThese building blocks will only apply if spend exceeds the Threshold Outturn and Tideway has made an IAR Overrun Application.Therefore this building block is zero for the purposes of this calculation.

  • In circumstances where the Threshold Outturn is forecast to be exceeded, the IP may also request that the UK Government provides equity finance pursuant to a support package (the ‘GSP’) it has agreed to provide.3 4 Bazalgette Tunnel Limited financingThere is currently only limited information in the public domain of the expected financing arrangements of Bazalgette Tunnel Limited.

  • In the event that the project exceeds the "Threshold Outturn (TO)", the government may take on additional risks in relation to cost overruns and the overall capital structure of the project.

  • It is set by the result of the procurement and is not reviewed until the construction project is complete and the tunnel is operational or the Threshold Outturn is reached.13 The Government will have the right to dispute the verification, subject to a dispute resolution procedure.


More Definitions of Threshold Outturn

Threshold Outturn means £[x] billion stated in [2010/11] prices (or such other amount as shall be agreed by the Authority, the Secretary of State, the Infrastructure Provider and the Incumbent Undertaker from time to time).
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Related to Threshold Outturn

  • Threshold means with respect to Party B: infinity.

  • Exceedance means a condition that is detected by monitoring that provides data in terms of an emission limitation or standard and that indicates that emissions (or opacity) are greater than the applicable emission limitation or standard (or less than the applicable standard in the case of a percent reduction requirement) consistent with any averaging period specified for averaging the results of the monitoring.

  • Threshold Price is the lowest price (except to the extent otherwise provided in Section 2.6) at which the Company may sell Shares during the applicable Pricing Period as set forth in a Fixed Request Notice (not taking into account the applicable percentage discount during such Pricing Period determined in accordance with Section 2.2); provided, however, that at no time shall the Threshold Price be lower than $3.00 per share unless the Company and the Investor mutually shall agree.

  • Diameter at breast height (dbh) means the diameter of a tree at 4 1/2 feet above the ground measured from the uphill side.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Threshold Percentage means 15%.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody’s and the short-term issuer credit rating of A-1 by Standard & Poor’s.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Tare Weight means the weight of an empty shipping container, excluding all materials used for wrapping, cushioning, banding, waterproofing, packaging, blocking and bracing articles within the exterior container.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Finished grade means the grade upon completion of the fill or excavation.

  • aggregate turnover means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess;

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Process weight means the total weight of all materials introduced into any source operation. Solid fuels charged will be considered as part of the process weight, but liquid and gaseous fuels and combustion air will not.

  • Cathode ray tube or “CRT” means a vacuum tube, composed primarily of glass, which is the visual or video display component of an electronic device. A “used, intact CRT” means a CRT whose vacuum has not been released. A “used, broken CRT” means glass removed from its housing or casing whose vacuum has been released.

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • Low-level radioactive waste or “waste” means radioactive material that consists of or contains class A, B, or C radioactive waste as defined by 10 C.F.R. 61.55, as in effect on January 26, 1983, but does not include waste or material that is any of the following: