Estimated Total Spend definition
Estimated Total Spend means the total of sums paid and sums payable by H3G and any and all H3G Affiliates under the Licence Agreement, this Agreement and all Work Packages (whether Global Work Packages or Local Work Packages entered into under it) and the Maintenance and Support Services Agreement (and all agreements ancillary to it), or [*] whichever is the greater. For the purposes of calculating the total sums payable under the Maintenance and Support Services Agreement and agreements ancillary to it the minimum figure shall assume that maintenance and support is provided for a period of 4 years. This calculation shall be in pounds sterling and any conversion from any other currency shall be made using the London spot closing mid-point rate against the pound sterling for that currency which is shown in the edition of the Financial Times published in England on that day, or if no edition is published on that day, in the edition last published before that day at the time that the Estimated Total Spend is calculated;