Book means the depreciated net book value of an asset calculated in “Net accordance with the relevant party’s reasonable accounting practices but, in any event, in accordance with the relevant and most up to date Generally Accepted Accounting Principles (“GAAP”); Income” means Income less Expenditure; “Net the payments payable by the parties in relation to the supply of the “Payments” Services in accordance with Schedule 3; Data” has the meaning as set out in the Data Protection Act 1998; “Personal for Information” means a request for information under FOIA or the “Request Environmental Information Regulations; Levels” means the services levels to which the Services are to be provided “Service by the Supplier as set out in Schedule 5; means the services, including the Core Services, Hospitality Services and “Services” any Deliverables, to be provided by the Supplier under this Contract as set out in the Specification; means the description or specification for the Services set out in “Specification” Schedule 1; Equipment” means any materials, plant and equipment, including tools, “Supplier systems or facilities and which may or may not include Kitchen Equipment or Light Equipment, provided by the Supplier (or its subcontractors) and used directly or indirectly in the supply of the Services; Personnel” means all employees, staff, other workers, agents and “Supplier consultants of the Supplier and of any sub-contractors who are engaged by the Supplier in the provision of the Services from time to time; means food and drink stocks and other materials and commodities which “Supplies” are first supplied to UCL; Assets” means any materials, plant or equipment owned or held by UCL and “UCL which may or may not include Kitchen Equipment or Light Equipment, provided to the Supplier by UCL solely for use in providing the Services. Premises” means the premises owned and/or occupied by UCL. “UCL's Construction. In this Contract, the following rules apply: A person includes a natural person, corporate or unincorporated body (whether or not having separate legal personality). A reference to a party includes its personal representatives, successors or permitted assigns.
“Net Book means the depreciated net book value of an asset calculated in accordance with the relevant party’s reasonable accounting practices but, in any event, in accordance with the relevant and most up to date Generally Accepted Accounting Principles (“GAAP”); “Net Income” means Income less Expenditure; “Payments” the payments payable by the parties in relation to the supply of the Services in accordance with Schedule 3; “Personal Data” has the meaning as set out in the Data Protection Act 1998; “Request for Information” means a request for information under FOIA or the Environmental Information Regulations; “Service Levels” means the services levels to which the Services are to be provided by the Supplier as set out in Schedule 5; “Services” means the services, including the Core Services, Hospitality Services and any Deliverables, to be provided by the Supplier under this Contract as set out in the Specification; “Specification” means the description or specification for the Services set out in Schedule 1; “Supplier Equipment” means any materials, plant and equipment, including tools, systems or facilities and which may or may not include Kitchen Equipment or Light Equipment, provided by the Supplier (or its subcontractors) and used directly or indirectly in the supply of the Services; “Supplier Personnel” means all employees, staff, other workers, agents and consultants of the Supplier and of any sub-contractors who are engaged by the Supplier in the provision of the Services from time to time; “Supplies” means food and drink stocks and other materials and commodities which are first supplied to UCL; “UCL Assets” means any materials, plant or equipment owned or held by UCL and which may or may not include Kitchen Equipment or Light Equipment, provided to the Supplier by UCL solely for use in providing the Services. “UCL's Premises” means the premises owned and/or occupied by UCL. Construction. In this Contract, the following rules apply: A person includes a natural person, corporate or unincorporated body (whether or not having separate legal personality). A reference to a party includes its personal representatives, successors or permitted assigns.