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Division 1 Overview of the clause

United Kingdom

Original text. Later amendments are not shown.

  1. 1.1There will be an Equity Gain Share arrangement consisting of two distinct components:
  2. 1.2The amount of the equity gain will be shared with the CfD Counterparty and will depend on the level of the realised equity IRR at the relevant time. All threshold levels will take account of the cost of committed equity, as determined in accordance with the model:
  3. 1.3Division 1.3
  4. 1.4Division 1.4