PRPI definition

PRPI shall have the meaning given to such term in Appendix 1 (Annual Franchise Payments) to Schedule 8.1 (Franchise Payments);
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PRPI has the meaning given to such term in Appendix 1 (Annual Rail Services Payments) to Schedule 8.1 (Rail Services Payments);
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PRPI means the Franchisee’s profit figure before tax which is to be subject to indexation by reference to the Retail Prices Index for the purpose of calculating PFP being the figure shown in respect of the relevant Reporting Period in Column 5 of Table 1 set out in Appendix 2 (Figures for Calculation of PFP) to this Schedule 8.1 (Franchise Payments) (and which shall always be expressed as a positive number);
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Examples of PRPI in a sentence

  • Prior to performing any aspect of the Project that may or does include Facilities Work, the Court shall communicate with the Quality Compliance Manager with respect to the applicability of Permitting Services under the PRPI Matrix to that Facilities Work.

  • The Permitting Services that may be needed for Facilities Work for the Project is generally set forth in the Plan Review, Permitting, and Inspection Matrix ("PRPI Matrix") prepared and maintained by the Quality Compliance Manager, as may be updated from time to time and is incorporated herein by this reference; a copy of which may be provided to the Court upon request.

  • Mortgagee's consummation ofthe loan (the "Loan") secured by this Mortgage is based upon Mortgagor's representation and warranty that the Loan qualifies as "Permitted Real Property Indebtedness" ("PRPI"), as defined under the "Indenture" described in the Loan Agreement.

  • Notwithstanding any other provision of this Mortgage or the other Security Documents to the contrary, nothing in this Mortgage or the other Security Documents grants, or is intended by Mortgagor or Mortgagee to grant, to Mortgagee an interest in collateral which would violate that permitted to secure PRPI under the Indenture.

  • Start of the Franchise Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Franchisee Year FXD (£k) VCRPI (£k) VCAEI (£k) PRPI (£k) TRRPI (£k) Year 1 (part year) Year 7 (up to first expiry period) 70 Where text has been omitted from the document this is because the Director General Rail or Secretary of State has decided to exclude the text in accordance with the provisions within the Freedom of Information Act 2000.

  • FXD, VCRPI, PRPI and TRRPI are restated to reflect the amounts agreed for the relevant Priced Option in' Schedule 3 (Priced Options).

  • The formula for the Annual Franchise Payments in Schedule 8.2 shall be replaced by the following formula AFP= FXD + (VCRPI x RPI) + (PRPI x RPI) + (FRPI x RPI) - (TRRPI x RPI) Where FXD, VCRPI, PRPI, and RPI have the same meaning and value as in the Franchise Agreement TRRPI is the revised figure shown in Table 1 And FRPI has the value shown in Table 1 For the avoidance of doubt old TRRPI = new TRRPI - FRPI.

Related to PRPI

  • MIC A mortgage insurance certificate issued by HUD.

  • MERC means the Maharashtra Electricity Regulatory Commission.

  • SSE means the Shanghai Stock Exchange.

  • ESI means any and all computer data or electronic recorded media of any kind, including “Native Files”, that are stored in any medium from which it can be retrieved and examined, either directly or after translation into a reasonably useable form. ESI may include information and/or documentation stored in various software programs such as: Email, Outlook, Word, Excel, Access, Publisher, PowerPoint, Adobe Acrobat, SQL databases, or any other software or electronic communication programs or databases that the CONSULTANT may use in the performance of its operations. ESI may be located on network servers, backup tapes, smart phones, thumb drives, CDs, DVDs, floppy disks, work computers, cell phones, laptops or any other electronic device that CONSULTANT uses in the performance of its Work or SERVICES hereunder, including any personal devices used by the CONSULTANT or any sub-consultant at home. “Native files” are a subset of ESI and refer to the electronic format of the application in which such ESI is normally created, viewed, and /or modified. The CONSULTANT shall include this section XX “Records Maintenance” in every subcontract it enters into in relation to this AGREEMENT and bind the sub-consultant to its terms, unless expressly agreed to otherwise in writing by the AGENCY prior to the execution of such subcontract. In witness whereof, the parties hereto have executed this AGREEMENT as of the day and year shown in the “Execution Date” box on page one (1) of this AGREEMENT. Signature Date Signature Date Project No.

  • DGPC means Druk Green Power Corporation Limited including its successors and permitted assigns;