‘Deal by deal’ model meaning

What is the Deepseek AI model? DeepSeek AI is a cutting-edge artificial intelligence system built by DeepSeek, a company based in China. The organisation’s mission centres on stretching the limits of AI to deliver tools that empower enterprises and elevate human capability, while keeping advanced AI accessible, ethical and meaningful. Established in 2023, DeepSeek rose swiftly through the AI ranks by releasing free, open-source language models. Most recently it unveiled two high-end models: V3, aimed at broad use cases such as chat-style applications, and R1, tailored for reasoning-heavy work, including programming and maths challenges. R1 has drawn notable media interest by offering cost-conscious AI performance when set against leading US counterparts. Why is it having a big impact on technology markets around the world? DeepSeek AI is reshaping global tech markets largely through its cost efficiency. Reports suggest the company trained its system for around US$6m using 2,000 Nvidia H800 GPUs, a stark contrast to GPT-4’s estimated US$80–100m. That difference has rippled through financial markets, with heavyweight...

A turnover rent, sometimes called ‘percentage rent’, is a rental sum that rises or falls with the level of trade achieved at the let premises. Such arrangements are most commonly used by landlords of shopping centres, outlet destinations and comparable multi-occupied retail settings, chiefly because these locations create environments landlords can more readily manage and influence. Types of turnover rent There are several variants of turnover rent, and the choice will depend on a range of factors. The ‘100%’ turnover rent The tenant’s rent is calculated solely as a percentage of its turnover. Service charge and insurance rent are usually payable on top of the turnover rent. This model is often used as an incentive to encourage a tenant to take vacant space, for example on a ‘pop-up’ or ‘meanwhile’ basis. The ‘top-up’ turnover rent The rent is set as the greater of a fixed percentage of turnover or a percentage (invariably 100%) of the open market rent. Service charge and insurance rent may...

Part 1, interpretation and limitation of liability Defined terms and interpretation These articles regulate a PLC under the Companies Act 2006, adopting bespoke provisions and expressly excluding the relevant model articles. Words not defined here take the meaning given in the Companies Act 2006 as at the date the articles bind the company. Legislative references include subordinate legislation and any amendments, consolidations or re-enactments. Singular includes plural and vice versa; masculine includes feminine and neuter; references to persons include bodies corporate. Unless context dictates otherwise, “writing” embraces visible form by any method, including electronic means. articles: the company’s articles of association bankruptcy: includes comparable overseas insolvency affecting individuals board: the directors from time to time or a duly quorate meeting CA 2006: the Companies Act 2006 document: includes those sent or supplied electronically fully paid: nominal and any premium paid to the company instrument: a hard copy document register of members: the register kept under section...

Part 1, interpretation and limitation of liability This Part defines key expressions used throughout the articles and sets out how they are to be read. Terms such as articles, auditors, bankruptcy (including comparable overseas proceedings), board, CA 2006, certificated/uncertificated, chair, clear days, company’s lien, director, Disclosure Rules, FCA, FSMA, fully paid/paid, Official List, register of members, relevant officer, relevant system, UK Listing Rules, UKLA and writing are given specific meanings for consistent application. The model articles under section 20 of CA 2006 do not apply. Unless context dictates otherwise, words or expressions not defined here take the meaning given in CA 2006, or if absent there, in the Uncertificated Securities Regulations, as in force when these articles first bind the company. References to legislation include subordinate legislation and any amendment, extension, consolidation, re‑enactment or replacement then in force. Singular includes plural and vice versa; masculine includes feminine and neuter; references to persons include corporations. Liability of members: each member’s liability...