Forecast IOC Revenue definition

Forecast IOC Revenue means in respect of the First IOC Year, the forecast (expressed in nominal prices) of Actual IOC Revenue as agreed or determined pursuant to the provisions of paragraph 10 of Schedule 18.1 (Shadow Operations) and in respect of each subsequent Franchisee Year, the forecast of Actual IOC Revenue (expressed in nominal prices) as agreed or determined pursuant to the provisions of paragraph 3 of Schedule 8.1B (Franchise Payments);
Forecast IOC Revenue means in respect of the First IOC Year, the forecast (expressed in nominal prices) of Actual IOC Revenue as agreed or determined pursuant to the provisions of paragraph 10 of Schedule 18.1 (Shadow Operations) and in respect of each subsequent Franchisee Year, the forecast of Actual IOC Revenue (expressed in nominal prices) as agreed or determined pursuant to the provisions of paragraph 3 of Schedule 8.1B (Franchise Payments); “Forecast Modified RevenueForecast Operating Costs” “Forecast Passenger Demand” means, in relation to any Reporting Period, the items specified in the definition of Modified Revenue, as most recently forecast for that Reporting Period pursuant to paragraph 9.2 of Schedule 11.2A (Management Information); means, in relation to any Reporting Period, the items specified in the definition of Actual Operating Costs, as most recently forecast for that Reporting Period pursuant to paragraph 9.2 of Schedule 11.2 (Management Information) adjusted for any movement in creditors arising from deemed PCS Facility borrowing pursuant to clauses 18.2 and 18.3 of the Funding Deed; means the forecast prepared by the Franchisee pursuant to paragraph 12.2 of Part 2 (Service Development) of Schedule 1.1 (Franchise Services and Service Development) in respect of:

Examples of Forecast IOC Revenue in a sentence

  • The Franchisee shall by no later than three (3) Reporting Periods before the Anticipated Switch Review Date or, if the Switch Review has occurred, the Integrated Operator Start Date submit to the Secretary of State drafts of the IOC Cost Budget, IOC Record of Assumptions and a periodic forecast of the Forecast IOC Revenue for the First IOC Year.

  • The Parties shall, in good faith, seek to agree the relevant IOC Cost Budget, Forecast IOC Revenue and the associated IOC Record of Assumptions for each Reporting Period in the First IOC Year.

Related to Forecast IOC Revenue

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Net Revenues means the difference between:

  • Gross Revenue means:

  • Total Revenue bears the same meaning assigned to this expression in the Codes of Good Practice on Black Economic Empowerment, issued in terms of section 9(1) of the Broad-Based Black Economic Empowerment Act and promulgated in the Government Gazette on 9 February 2007;