Post Termination Service Amount definition

Post Termination Service Amount means, for the whole or any part of a Reporting Period from the Termination Date until the Compensation Date, an amount equal to the Maximum XXXX Payments which would have been payable in that Reporting Period (or that part of a Reporting Period) under the XXXX had this Agreement not been terminated, less an amount equal to the aggregate of:
Post Termination Service Amount means for the purposes of clause 65 (Retendering Procedure), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Payment which would have been payable in that month under this PPP Agreement had this PPP Agreement not been terminated, less the aggregate of:
Post Termination Service Amount means, for each Post Termination Payment Period, an amount (which may be greater than, equal to or less than zero) determined by subtracting from the Maximum Availability Payments that would have been payable in respect of the Post Termination Payment Period under this Agreement had this Agreement not been terminated the aggregate of:

Examples of Post Termination Service Amount in a sentence

  • If any such Post Termination Service Amount has not been set off on or before the Compensation Date then it shall be taken into account in the calculation of the Adjusted Highest Compliant Tender Price.

  • If any Post Termination Service Amount is less than zero, then it shall be carried forward and shall be set off against any future positive Post Termination Service Amounts.

  • A positive Post Termination Service Amount will occur where the cost incurred by the Authority in procuring the Service itself (including rectification costs) is less than the Monthly Service Payment.

  • If any Post Termination Service Amount is less than zero then it may be carried forward and may be set off against any future positive Post Termination Service Amounts.

  • Post Termination Service Amount This payment is made both to ensure that the Authority is incentivised to expedite the retender and that any value received by the Authority is reflected post termination.


More Definitions of Post Termination Service Amount

Post Termination Service Amount means, for the purposes of Section 3.3 of this Schedule 20, for the whole or any part of a Payment Period for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Service Payment which would have been payable under this Project Agreement had this Project Agreement not been terminated, less an amount equal to the aggregate (without double counting) of:
Post Termination Service Amount means for the purposes of paragraph 307 (Retendering Process) of Section 2 (Compensation for Project Co Default) of this Schedule Part 17 (Compensation on Termination), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Service Payment (pro rata for part of a month) which would have been payable under this Agreement had this Agreement not been terminated, less an amount equal to the aggregate of (without double counting): (where relevant) the amount by which the Post Termination Service Amounts for the previous month was less than zero; the [Market Value Availability Deduction Amount] for that month; and the Rectification Costs incurred by the Authority in that month;
Post Termination Service Amount means for the purposes of paragraph 2 of Part 1 (Retendering Procedure) of Schedule 17 (Compensation on Termination), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Charge which would have been payable in that month under the Project Agreement had the Project Agreement not been terminated, less an amount equal to the aggregate of: the Market Value Availability Deduction Amount for that month; the Rectification Costs incurred by the Authority in that month; and (where relevant), the amount by which the Post Termination Service Amount for the pervious month was less than zero;
Post Termination Service Amount. 462 means for the purposes of Clause [x] (Retendering Procedure), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Unitary Payment which would have been payable in that month under this PPP Agreement had this PPP Agreement not been terminated, less the aggregate of:
Post Termination Service Amount for the purposes of clause 58.2 (Retendering Procedure), for the whole or any part of a Payment Period for the period from the Termination Date to the Compensation Date, an amount equal to the Unitary Charge (excluding Deductions and Adjustments) which would have been payable in that Payment Period under this Contract had this Contract not been terminated, together with any Third Party Income modelled to be received during that Payment Period less an amount equal to the aggregate of: (a) the Market Value Availability Deduction Amount for that month; (b) the Rectification Costs incurred by the Councils in that month; and (c) (where relevant) the amount by which the Post Termination Service Amount for the previous month was less than zero;
Post Termination Service Amount has the meaning given in Schedule 20 - Compensation on Termination.
Post Termination Service Amount means for the purposes of paragraph 3 (Retendering Process) of Section 2 (Compensation for Project Co Default) of this Schedule Part 17 (Compensation on Termination), for the whole or any part of a month for the period from the Termination Date to the Compensation Date, an amount equal to the Maximum Service Payment which would have been payable under this Agreement had this Agreement not been terminated, less an amount equal to the aggregate of (without double counting): (where relevant) the amount by which the Post Termination Service Amounts for the previous month was less than zero; the [Market Value Availability Deduction Amount] for that month; and the Rectification Costs incurred by the Authority in that month