SPD Revenue Threshold No.1 definition

SPD Revenue Threshold No.1 means 20% of 1/13th of the relevant Defined Service Group Revenue over three consecutive Periods;
SPD Revenue Threshold No.1 means 20% of the relevant Defined Service Group Revenue;
SPD Revenue Threshold No.1 means 20% of a figure to be determined and published

More Definitions of SPD Revenue Threshold No.1

SPD Revenue Threshold No.1 means 20% of the relevant Defined Service Group Revenue;“SPD Revenue Threshold No.2”means 15% of the relevant Defined Service Group Revenue;“SPD Termination Notice”has the meaning specified in paragraph 2.10(c);“Sustained Planned Disruption” or “SPD”means a circumstance where:(a) the aggregate of the compensation payable in respect of a Service Group calculated in accordance with paragraph 3 for any one or more Restrictions of Use during:(i) 3 consecutive Periods is equal to or exceeds SPD Revenue Threshold No.1; or(ii) 7 consecutive Periods is equal to or exceeds SPD Revenue Threshold No.2,and that the difference between the RoU Liability calculated in accordance with paragraph 8 and the compensation calculated in accordance with paragraph 3 and paragraph 4 for such Restrictions of Use during that period would be more than£10,000; or(b) in respect of any one or more Restrictions of Use during:(i) 3 consecutive Periods the difference between the Train Operator’s RoU Liability (excluding any loss of revenue) calculated in accordance with paragraph 8 and the Train Operator’s costs calculated under paragraph 4 would be more than SPD Cost Threshold No. 1; or(ii) 7 consecutive Periods the difference between the Train Operator’s RoU Liability (excluding any loss of revenue) calculated in accordance with paragraph 8 and the Train Operator’s costs calculated under paragraph 4would be more than SPD Cost Threshold No. 2;“Service Code”shall have the meaning ascribed to it in Schedule 8;
SPD Revenue Threshold No.1. 30th SA means 20% of 1/13th of the relevant Defined Service Group Revenue over three consecutive Periods;
SPD Revenue Threshold No.1 means 20% of 1/13th of the relevant Defined‌‌
SPD Revenue Threshold No.1 means 20% of the relevant Defined Service Group Revenue; "SPD Revenue Threshold No.2" means 15% of the relevant Defined Service Group Revenue; "SPD Termination Notice" has the meaning specified in paragraph 2.10(c);
SPD Revenue Threshold No.1 means [●];3