Target Revenue definition

Target Revenue means the sum of expected transmission services revenue calculated in accordance with the principles set out in Article 13(1) of Regulation (EC) No 715/2009 and expected non-transmission services revenue for the provision of services by the transmission system operator for a specific time period within a given regulatory period under a price cap regime;

Target Revenue means $475 million; provided that, in the event that, after June 19, 2018, any member of the Newmark Group shall invest in or acquire the business of any Person (other than any member of the Newmark Group), including, without limitation, by merger, consolidation, business combination, share exchange or other similar transaction, then the Target Revenue shall be increased by an amount equal to the aggregate consolidated revenue of such Person and its Subsidiaries for the most recent three-month complete fiscal period ending prior to the date of such investment or acquisition (it being understood that such adjustment shall be also made for any subsequent investments or acquisitions by members of the Newmark Group, including, without limitation, by merger, consolidation, business combination, share exchange or other similar transaction).

Target Revenue means the sum of expected transmission services revenue calculated in accordance with the principles set out in Article 13(1) of Regulation (EC) No 715/2009 and expected non-transmis- sion services revenue for the provision of services by the transmission system operator for a specific time period within a given regulatory period under a price cap regime;

Examples of Target Revenue in a sentence

• Capacity Products sold under such conditions will not lead to any investment obligation for the Transporter and will also not lead to a recalculation of Target Revenue.

• Exit tariff (separate tariff for each exit point, x): 𝑇 = (50% 𝑇𝑅 ) [ 𝐿𝑓𝑤𝑑,𝑥 ] 𝑓𝑤𝑑,𝑒𝑥𝑖𝑡,𝑡,𝑥 𝑡 ∑𝑛 (𝐶𝑓𝑤𝑑,𝑒𝑥𝑖𝑡,𝑡,𝑗 𝐿𝑓𝑤𝑑,𝑗) 𝑗=1 where: Tfwd,exit,t,x Forward exit tariff at exit point x, in EUR/KWh/Gas Day/Gas Year TRt Target Revenue for the specific tariff calculation year t, in EUR Cfwd,exit,t,j Total Initial Capacity Bookings and Expansion Capacity Bookings for Forward Firm Capacity for exit at each exit point j during the specific tariff calculation year, in KWh/Gas Day.

• However, the Transporter will still apply the same methodology for determining the technical solution and costs as are set out in Clause 3.3. The Target Revenue is recalculated as under Clause 3.3.3, and the resulting Tariff to be applied will not exceed the Tariff that would have applied with no bookings under the First Booking Phase.

• Income generated by such means, leading to the revenues of the Transporter exceeding Target Revenue, will be redistributed as described in Clause 5.

• However, to the extent such long term capacity bookings expire prior to the end of the Recovery Period, the Target Revenue stream will be profiled in time according to the methodology described for Expansion Capacity Bookings in paragraph (c) of Clause 3.3.3.

More Definitions of Target Revenue

Target Revenue means the sum of expected transmission services revenue calculated in accordance with the principles set out in Article 13(1) of Regulation (EC) No 715/2009 and expected dedicated services revenue for services that a transmission system operator provides within a given time period under a price cap regime;

Target Revenue means the revenue to be generated from the sales (or forecast sales) of the Transportation Services over the Access Arrangement Period.

Target Revenue means the revenue that the EDB expects to obtain from prices Total opening RAB value means- in relation to the unallocated RAB, the sum of unallocated opening RAB values as determined in accordance with the IM determination; in relation to the RAB, the sum of opening RAB values as determined in accordance with the IM determination Transmission charge means any payment made in respect of the use of the transmission system. For the avoidance of doubt, this includes avoided transmission charges Transmission system means the national grid

Target Revenue means the revenue that the GTB expects to obtain from prices Total opening RAB values means- (a) in relation to the unallocated RAB, the sum of unallocated opening RAB values as determined in accordance with the IM determination; (b) in relation to the RAB, the sum of opening RAB values as determined in accordance with the IM determination Total regulatory income means- in relation to the Report on Regulatory Profit, the sum of line charge revenue, gains / (losses) on asset disposalssales and other regulatedory income in relation to the Report on Related Party Transactions, the income from related party transactions as determined after applying clauses 2.3.7 and 2.3.8 and 2.3.9 of this determination Transitional AMP has the meaning givenspecified in subclause 2.13.12(2)2.12.12(2) of this determination Transmission system means- in the case of MDL, the network or one of the component parts of the network owned by MDL; in the case of Vector, one of the component parts of the network owned by Vector

Target Revenue means the revenue that the EDB expects to obtain from prices Total opening RAB values mMeans- in relation to the unallocated RAB, the sum of unallocated opening RAB values as determined in accordance with the IM determination; in relation to the RAB, the sum of opening RAB values as determined in accordance with the IM determination Total regulatory income means- in relation to the Report on Regulatory Profit, the sum of line charge revenue, gains / (losses) on asset disposals gains/(losses) on asset sales and other regulated income in relation to the Report on Related Party Transactions, the income from related party transactions after applying clauses 2.3.7 and 2.3.8 of this determination Transmission charge has the meaning given in the IM determination means any payment made in respect of the use of the transmission system. For the avoidance of doubt, this includes avoided transmission charges Transmission system means the national grid

Target Revenue means an amount of Annual Revenue with respect to the 2020 calendar year to be mutually agreed upon by the Parties in good faith before the first to occur of (a) thirty (30) calendar days following the Deferred Capex Letter Agreement or (b) the Closing Date. The 2020 Target Revenue will be comparable to the target revenue for the 2020 calendar year set forth in the MTP (as agreed by the Parties) in schedule 1 to the Deferred Capex Letter Agreement;

Target Revenue means the annual revenue stream, required to achieve the Target IRR by the end of the Recovery Period, as may be recalculated upon an Expansion pursuant to Clause 3.3.3.