RRPI definition
RRPI has the meaning given to it in Appendix 1 (Annual Franchise Payments) to Schedule 8.1 (Franchise Payments);
RRPI means the figure shown in respect of the relevant Franchisee Year in column 6 of the table set out in Appendix (Figures for Calculation of Annual Franchise Payments) to this Schedule 8.2 (and which shall always be expressed as a negative number). [Bidders to populate] Franchisee Year FXD VCRPI VCAWE PRPI RRPI46 46 To be expressed as negative numbers.
RRPI means the Revised Repurchase Price Installment for the applicable Phase II Remittance Date;
More Definitions of RRPI
RRPI specified for each Franchisee Year in the table set out in the Appendix (Figures for Calculation of Annual Franchise Payments) to Schedule 8.2 (Annual Franchise Payments); means the management accounts of the Franchisee which:
RRPI specified for each ODP Year in the table set out in Appendix 2 (Figures for Calculation of Annual Rail Services Payments) to Schedule 8.1 (Rail Services Payments);
RRPI has the meaning given to it in Appendix 1 (Annual Rail Services Payments) to Schedule 8.1 (Rail Services Payments);
RRPI means the figure shown in respect of the relevant Franchisee Year in column 6 of the table set out in Appendix (Figures for Calculation of Annual Franchise Payments) to this Schedule 8.2 (and which shall always be expressed as a negative number); and ChRRPI means the figure shown in respect of the relevant Franchisee Year in column 7 of the table set out in Appendix (Figures for Calculation of Annual Franchise Payments) to this Schedule 8.2 (and which shall always be expressed as a negative number). [Bidders to populate] Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Franchisee Year FXD VCRPI VCAWE PRPI RRPI33 ChRRPI34 Year 15 (extended) Year 16 (part) (extended) 33 To be expressed as negative numbers. 34 To be expressed as negative numbers. Note that as at the date of signature of the Franchise Specific Agreement all ChRRPI values will be zero. Values will only be attributed in respect of ChRRPI through the operation of Schedule 9.