Common use of CALCULATION OF INDEXATION CONTRIBUTIONS Clause in Contracts

CALCULATION OF INDEXATION CONTRIBUTIONS. 2.1. All Contributions will be subject to indexation based on increases in the Index and calculated using the following formula: C = £Y x (B / A) Where: A is the value of the Index for the month immediately preceding the date of this Agreement in respect of the relevant Contribution B is the value of the Index for the month immediately preceding payment of a Contribution pursuant to the provisions of this Agreement £Y is the Contribution C is the level of the Contribution after the application of the Indexation formula

CALCULATION OF INDEXATION CONTRIBUTIONS. 2.1. All Contributions [(excluding the Affordable Housing Contribution)] will be subject to indexation based on increases in the Index and calculated using the following formula: C = £Y x (B / A) Where: A is the value of the Index for the month immediately preceding the date of this Agreement in respect of the relevant Contribution B is the value of the Index for the month immediately preceding payment of a Contribution pursuant to the provisions of this Agreement £Y is the Contribution C is the level of the Contribution after the application of the Indexation formula