Old Values definition
Old Values means, in relation to any Change, the following, as produced in accordance with Schedule 9.1 (Financial and Other Consequences of Change) following the Run of the Change Model in respect of the immediately preceding Change, or, in relation to the first Change only, the following as at the date hereof: the values of FXD, VCRPI, VCAWE, PRPI and RRPI to be specified for each Franchisee Year in the Appendix (Figures for Calculation of Annual Franchise Payments) to Schedule 8.2 (Annual Franchise Payments);
Old Values means, in relation to any Change, the following, as produced in accordance with Schedule 9.1 (Financial and Other Consequences of Change) following the Run of the Change Model in respect