ESCALATION FORMULA. Unless otherwise agreed between the Parties, the Base Access Charge elements will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 *CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to clause 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element applied prior to the relevant Escalation Date or in the case of [Access Charges/TOP Charges] at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.
Appears in 8 contracts
Samples: End User Access Agreement, End User Access Agreement, End User Access Agreement
ESCALATION FORMULA. 4.1 Unless otherwise agreed between the Parties, the Base Access Charge elements elements, except the QCA Levy, and any other charges specified as being subject to escalation will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 ** CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to clause Part 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of [Access Charges/TOP Charges] Charges at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.
Appears in 6 contracts
Samples: Train Operations Agreement, Train Operations Agreement, Train Operations Agreement
ESCALATION FORMULA. Unless otherwise agreed between the Parties, the Base Access Charge elements elements, except the QCA Levy, and any other charges specified as being subject to escalation will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 ** CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to clause Part 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of [Access Charges/TOP Charges] Charges at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.
Appears in 2 contracts
Samples: Train Operations Agreement, Train Operations Agreement
ESCALATION FORMULA. 3.1 Unless otherwise agreed between the Parties, the Base Access Charge elements will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 *CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to clause 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element applied prior to the relevant Escalation Date or in the case of [Access Charges/TOP Charges] at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.
Appears in 2 contracts
Samples: End User Access Agreement, End User Access Agreement
ESCALATION FORMULA. Unless otherwise agreed between the Parties, the Base Access Charge elements will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 *CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to clause 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element applied prior to the relevant Escalation Date or in the case of [Access Charges/TOP Charges] at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; 18724028 CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.
Appears in 1 contract
Samples: End User Access Agreement