Base Fixed Charge definition

Base Fixed Charge shall have the meaning as set forth in Clause 11.2; “Base Year” means the Accounting Year in which the Bid was received;
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Base Fixed Charge. “IT Services” and “R&D Services” shall have the meaning given to them in the Transitional Services Agreement.
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Examples of Base Fixed Charge in a sentence

  • For the avoidance of doubt and by way of illustration, if (a) the Bid Date occurs in March 2015; (b)the appointed date occurs in May 2019;and (c) WPI increases by 20% (twenty percent)between January 31, 2015 and January 31, 2019, the Fixed Charge for the Accounting Year commencing from April 1, 2019 shall be 104% (one hundred and four percent) of the Base Fixed Charge.

Related to Base Fixed Charge

  • Fixed Charge , in relation to a tenancy, means—

  • Fixed Charges means, with respect to any specified Person for any period, the sum, without duplication, of:

  • Fixed Charge Ratio means, as of any date of determination, the quotient (expressed as a percentage) of (a) Consolidated EBITDA, divided by (b) Consolidated Fixed Charges.