Common use of Annual Increases Clause in Contracts

Annual Increases. On each anniversary of the date of this document the Monetary Contribution applicable immediately prior to that anniversary will be increased by the same percentage as the annual percentage increase, if any, in the ABS Producer Price Index (Non-Residential Building Construction for NSW) #3020 most recently published prior to the relevant anniversary. The increased Monetary Contribution will be the Monetary Contribution in the subsequent 12 months.

Appears in 3 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

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Annual Increases. On each anniversary of the date of this document the Monetary Contribution Contributions applicable immediately prior to that anniversary will be increased by the same percentage as the annual percentage increase, if any, in the ABS Producer Price Index (Non-Residential Building Construction for NSW) #3020 most recently published prior to the relevant anniversary. The increased Monetary Contribution Contributions will be the Monetary Contribution Contributions in the subsequent 12 months.

Appears in 1 contract

Samples: Voluntary Planning Agreement

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Annual Increases. On each anniversary of the date of this document the Total Monetary Contribution applicable immediately prior to that anniversary will be increased by the same percentage as the annual percentage increase, if any, in the ABS Producer Price Index (Non-Residential Building Construction for NSW) #3020 most recently published prior to the relevant anniversary. The increased Total Monetary Contribution will be the Total Monetary Contribution in the subsequent 12 months.

Appears in 1 contract

Samples: Voluntary Planning Agreement

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