Economic Model definition
Examples of Economic Model in a sentence
In line with the Generic Economic Model we have excluded VAT and inflation, and as per the Green Book, the level of appraisal is proportionate to the size and stage of the project.
The Parties have attached hereto as Exhibit A, a redacted version of the economic model, dated October __, 1997 (the "Economic Model"), that illustrates, on a hypothetical basis, the expected revenue and cost components for the annual production and sale of approximately 600 million units of Big Mac sandwich containers.
Whole of Life Capital Costs and Operating Costs have been determined following the use of the Generic Economic Model (GEM).
The price set forth in Economic Model is subject to adjustment to reflect changes in Product specifications or processing conditions from those set forth in the original Contract.
The New Economic Model (NEM) of 2010 proposed refashioning affirmative action in a ‘market-friendly’ manner based on ‘need and merit’.
It is acknowledged by the Parties that the Equipment will be operated for a continuous 24 hour period, 365 days a year (with the exception for any downtime to repair or maintain the Equipment as indicated in the Economic Model).
All building permits required for the construction of the Improvements on all of the Mortgaged Properties as such Improvements are contemplated by the Economic Model, have been obtained, or to the best of the Borrowers' knowledge, after diligent inquiry, there do not now exist nor is there any reasonable basis to anticipate that there shall exist any unusual or extraordinary circumstances or reasons for undue delay or unusual expenses in obtaining such permits.
Except as may be contemplated by the then current Annual Business Plan or Economic Model, no Borrower shall (nor permit any of its respective Subsidiaries or Controlled Affiliates to) materially change the nature of its business as it currently exists.
With respect to any revised or updated Annual Business Plan (an "Annual Business Plan") or Economic Model (an "Economic Model") furnished to the Agent and the Lenders at any time after the date hereof, the foregoing clauses (i) and (ii) shall be true and correct in all material respects as of the date of such Annual Business Plans or Economic Models.
A significant contribution was made with the completion of the EGS Economic Model in 2001.