Relevant Assumptions definition
Relevant Assumptions means the assumptions that the sale of the Units and amounts outstanding under Junior Debt is on the basis that there is no default by the Authority, that the sale is on a going- concern basis, that no restrictions exist on the transfer of the Units but that otherwise the actual state of affairs of Project Co and the Project is taken into account;
Relevant Assumptions means the following assumptions:
Relevant Assumptions. As of any given date, (1) the Company's assumption as of such date with respect to the rate of increase, if any, in the Benefit Amount from such date to the Executive's Normal Retirement Date (or, if the Executive continues his or her employment with the Company beyond the Executive's Normal Retirement Date, to the Executive's projected date of retirement from the Company) and (2) current mortality rates and charges, crediting rates, expenses, and other relevant matters applicable to the Policy as of such date. Notwithstanding the foregoing, the assumed rate of increase in the Benefit Amount shall be 0% from and after the Measurement Date.
More Definitions of Relevant Assumptions
Relevant Assumptions the assumptions that the sale of this Contract is "Relevant Authority" any court with the relevant jurisdiction and any local, national or supra-national agency, inspectorate, minister, ministry, official or public or statutory person of the government of the "Relevant Date" any or all of the Planned Refurbishment Works Completion Date, the Milestone Works Completion Date and the Disrepair Action Cut Off Date;
Relevant Assumptions means the assumptions that the sale of the Contractor is on the basis that there is no default by the Authority, that the sale is on a going concern basis, that no restrictions exist on the transfer of share capital, that no Additional Permitted Borrowing has taken place and therefore that the effect of the Additional Permitted Borrowing on the calculation of such amount is disregarded but that otherwise the actual state of affairs of the Contractor and the Project is taken into account;
Relevant Assumptions means the assumptions that the sale of Project Co is on the basis that there is no default by the Authority, that the sale is on a going concern basis, that no restrictions exist on the transfer of share capital, that no Additional Permitted Borrowing has taken place and therefore that the effect of the Additional Permitted Borrowing on the calculation of such amount is disregarded but that otherwise the actual state of affairs of Project Co and the Project is taken into account
Relevant Assumptions means the assumptions that the sale of the Contractor is on the basis, that there is no default by the Authority, that the sale is on a going concern basis that no restrictions exist on the transfer of share capital, that no Additional Permitted Borrowing has taken place and therefore that the effect of the Additional Permitted Borrowing on the calculation of such amount is disregarded but that otherwise the actual state of affairs of the Contractor and the Project is taken into account Relevant Authority means any court with the relevant jurisdiction and any local, national or supra-national agency, authority, inspectorate, minister, ministry, official or public or statutory person of the government of the United Kingdom or of the European Union Relevant Event means the occurrence of an event as a result of which there may be an adjustment to the Unitary Charge in accordance with this Agreement including any event under clauses 16 (Extensions of Time), 35 (Best Value), 52 (Change in Law) and the Change Protocol Relevant Proceeds means any amounts standing to the credit of the Joint Insurance Account Relevant Transfer means a relevant transfer for the purposes of TUPE Relief Event means any of the following:
Relevant Assumptions means the assumptions that the sale of the Subordinated Funding Agreements is on the basis that there is no default by the Authority under this Agreement, that the sale is on the basis that the business of the Contractor is a going concern, and that no restrictions exist on the transfer of the Subordinated Funding Agreements share capital, that no Additional Permitted Borrowing has taken place and therefore that the effect of the Additional Permitted Borrowing on the calculation of such amount is disregarded but that otherwise the actual state of affairs of the Contractor and the Project is taken into account;
Relevant Assumptions assume that (i) the Executive is the age that the Executive would have been on the third anniversary of the Date of Termination, (ii) the Executive’s compensation equals the Executive’s compensation (within the meaning of the applicable plan) for the year in which the Date of Termination occurs or the year in which the Effective Date occurs, whichever is higher, (iii) the Executive makes the maximum elective deferral possible under each plan and the law and (iv) the terms of the plans in effect immediately prior to the Change of Control and the applicable code limits in effect as of such date govern the calculation of the benefit. (h) “Target Annual Bonus” means the Executive’s target annual bonus for the year in which the Date of Termination or Effective Date occurs, whichever is higher; provided that such target annual bonus shall be determined without giving effect to any reduction to the Executive’s target annual bonus that constitutes Good Reason under this Agreement. (i) “Term” means the period commencing on April 28, 2021 and ending on December 31, 2023; provided, however, that, commencing on December 31, 2023, and on each anniversary of such date (such date and each anniversary thereof, the “Renewal Date”), unless previously terminated, the Term shall be automatically extended so as to terminate three years from such Renewal Date, unless, at least sixty (60) days prior to the Renewal Date, the Company shall give notice to the Executive that the Term shall not be so extended. Notwithstanding the foregoing, if prior to the Effective Date, the Executive’s employment terminates for any reason, the Term and this Agreement shall automatically terminate immediately.
Relevant Assumptions means the assumptions that: the sale of the Contractor is on the basis that there is no default by the Authority; and the sale is on a going concern basis, that no restrictions exist on the transfer of share capital; and no Additional Permitted Borrowing has taken place and therefore that the effect of the Additional Permitted Borrowing on the calculation of such amount is disregarded; and Third Party Income is assumed to be no higher than the lower of (1) the average Third Party Income received by the Contractor on a monthly basis in the twenty-four (24) month period immediately prior to the month in which the Termination Date occurs (or where there have been more than six months but less than twenty-four months from the Services Commencement Date the average of such Third Party Income in the months during the Service Period or where the Termination Date is sooner than six months from the Services Commencement Date limb 2 below shall apply) and (2) the amount relating to Third Party Income set out in the original Base Case,97 but that otherwise the actual state of affairs of the Contractor and the Project is taken into account;