Fuel Index Multiplier Clause Samples

Fuel Index Multiplier. The Fuel Index Multiplier for the Month n (FIMn) is determined as follows: FIMn = 𝑨𝐏𝒏−𝐅𝐂𝒏 𝑩𝐅𝐏−𝐅𝐂𝒏 Where: APn = the average Fuel Price for the previous Calendar Month; FCn = the Fuel Tax Credit for the previous Calendar Month. Annexure A – ME_193142942_12 Schedule 5 – Revenue Share Payment (a) This Schedule 5 only applies if the aggregate of the Operator Ticket Income and the Ticketing System Income for a month is more than the Revenue Share Amount. (b) For each month during the Term that the aggregate of the Operator Ticket Income and the Ticketing System Income for the month is more than the Revenue Share Amount, the Operator must pay TfNSW an amount calculated as: RSP = RS% x (AR – RSA) where: RSP is the Revenue Share Payment for that month; RS% is the revenue share percentage, being %; AR is the aggregate of the Operator Ticket Income and the Ticketing System Income for the month; and RSA is the Revenue Share Amount calculated in accordance with paragraph (e) below. (c) Within 20 Business Days after the end of each month during the Term that the aggregate of the Operator Ticket Income and the Ticketing System Income for the month is more than the Revenue Share Amount, the Operator must: (i) provide TfNSW with a notice of the amount of the Revenue Share Payment determined under paragraph (b) of this Schedule 5 for that month; and (ii) pay the amount of the Revenue Share Payment determined under paragraph (b) of this Schedule 5 for that month to TfNSW. (d) The payment of any Revenue Share Payment by the Operator is consideration for TfNSW's supply of the right to provide the Ferry Services. (e) The Revenue Share Amount for Month n (RSAn) is determined as follows: RSAn = (𝑳𝑪𝒏) 𝐱 𝑾𝑷𝑰𝑴𝒏 + (𝑵𝑳𝒏) 𝐱 𝑪𝑷𝑰𝑴𝒏 + 𝐍𝐈𝐂𝒏 𝑵𝑴 𝑵𝑴 LCn = the Labour Payment Component for Month n, as set out in Annexure A, Table 1, Ref 1; NLn = the Non Labour Payment Component for Month n, as set out in Annexure A, Table 1, Ref 2; NICn = the Non Indexed Payment Component for Month n occurs, as set out in Annexure A, Table 1, Ref 3; WPIMn = the WPI Annual Multiplier applicable for Month n; CPIMn = the CPI Annual Multiplier applicable for Month n; and NM = 12. The amounts in Table 1 of Annexure A will be subject to a pro-rata adjustment in the first and final contract years as needed to account for the variance between calendar and financial years. ME_193142942_12 Annexure A – 90 ME_193142942_12 Schedule 6 – Slot Payments 1. General (a) In this Schedule 6: (i) a Force Majeure Event; (ii) a suspe...