Common use of Indexation of the Indemnity Incident Cap Clause in Contracts

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 � 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �[ ] where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶C = 𝐶 �𝐶𝑃𝐼 �C [CPI ] CPIn 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �[] where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �[ ] where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 � 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = ��[ �𝐶𝑃] 𝐼 � 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �� where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �1 [ ] where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 [●] and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = ��[ �𝐶𝑃] 𝐼 � 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �[] where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 8,300,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 � 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �൭ഩ ඔ ൭ൽ ቂഄ഑ഊഡቃ‌ ഄ഑ഊ൵ where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �ܥ௡ ൌ ܥଵ where: ቂ஼௉ூ೙ቃ ஼௉ூభ (i) C1 is the sum of £6,500,000; 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �ቂ஼௉ூ ቃ ஼௉ூ೙ ௡ ଵ భ where: 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶𝐶𝑛 = 𝐶 �𝐶𝑃𝐼 �𝐶1 where: 𝐶𝑃𝐼𝑛 ] [ 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000.00[●] and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = ��[ �𝐶𝑃] 𝐼 � 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �ܥ௡ ൌ ܥଵ where: ቂ஼௉ூ೙ቃ ஼௉ூభ (i) C1 is the sum of £6,500,000 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 �U$'&$ V . 1 where: $'&1 𝐶𝑃𝐼𝑛

Indexation of the Indemnity Incident Cap. The Indemnity Incident Cap for the first Contract Year shall mean the sum of £6,500,000 5,000,000.00 and in relation to any subsequent Contract Year, the sum calculated in accordance with the following formula: 𝐶 = 𝐶 �𝐶𝑃𝐼 � 𝐶𝑃𝐼𝑛