The respective percentages (“PES 1998 Recovery Shares”) in which PES Suppliers are entitled to recover the Aggregate PES Recoverable Amount. In the event of any merger between one or more PES Suppliers any successor company shall have the aggregate PES 1998 Recovery Shares of its predecessors. Any successor to part only of the authorised area (as such term is defined in its PES Supply Licence) of a PES Supplier and the PES Supplier retaining the other part shall have such PES 1998 Recovery Shares as the Authority shall determine. has the meaning given to that term in paragraph 1.1.3 of Annex D-5;