Common use of Indexation Clause in Contracts

Indexation. If the Monetary Contribution is not paid to the City on the date of this document then at the date of payment the Monetary Contribution must be indexed as follows: Monetary Contribution (to be provided) = Monetary Contribution (as per item 1 of clause 1 above) x (A/B) where: A is the Index Number most recently published before the date the Monetary Contribution is to be paid B is the Index Number most recently published before the date this agreement commenced in accordance with clause 3.1 of this document. If after the formula is applied the Monetary Contribution will be less than the amount stated in item 1 of clause 1 above, the Monetary Contribution will not be adjusted.

Appears in 10 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

AutoNDA by SimpleDocs

Indexation. If the Monetary Contribution is not paid to the City on the date of this document then at the date of payment the Monetary Contribution must be indexed as follows: Monetary Contribution (to be provided) = Monetary Contribution (as per item 1 of clause 1 above) x (A/B) where: A is the Index Number most recently published before the date the Monetary Contribution is to be paid B is the Index Number most recently published before the date this agreement commenced in accordance with clause 3.1 0 of this document. If after the formula is applied the Monetary Contribution will be less than the amount stated in item 1 of clause 1 above, the Monetary Contribution will not be adjusted.

Appears in 5 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

Indexation. If the Monetary Contribution is not paid to the City on the date of this document then at the date of payment the Monetary Contribution must be indexed as follows: Monetary Contribution (to be provided) = Monetary Contribution (as per item 1 of clause 1 above) x (A/B) where: A is the Index Number most recently published before the date the Monetary Contribution is to be paid B is the Index Number most recently published before the date this agreement commenced in accordance with clause 3.1 of this document. If after the formula is applied the Monetary Contribution will be less than the amount stated in item 1 of clause 1 above, the Monetary Contribution will not be adjusted.

Appears in 3 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

Indexation. If the Monetary Contribution is not paid to the City on in the date manner described in Table 1 of this document Schedule 3 then at the date of payment the Monetary Contribution must be indexed as follows: Monetary Contribution (to be provided) = Monetary Contribution (as per item 1 of clause 1 above) x (A/B) where: A is the Index Number most recently published before the date the Monetary Contribution is to be paid B is the Index Number most recently published before the date this agreement commenced in accordance with clause 3.1 of this document. If after the formula is applied the Monetary Contribution will be less than the amount stated in item 1 of clause 1 of Schedule 3 above, the Monetary Contribution will not be adjusted.

Appears in 2 contracts

Samples: Voluntary Planning Agreement, Voluntary Planning Agreement

AutoNDA by SimpleDocs

Indexation. If the Monetary Contribution is Contributions are not paid to the City on the date of this document then at the date of payment the Monetary Contribution Contributions must be indexed as follows: Monetary Contribution (to be provided) = Monetary Contribution (as per item 1 of clause 1 above) x (A/B) where: A is the Index Number most recently published before the date the Monetary Contribution is to be paid B is the Index Number most recently published before the date this agreement commenced in accordance with clause 3.1 of this document. If after the formula is applied the Monetary Contribution will be less than the amount stated in item 1 of clause 1 above, the Monetary Contribution will not be adjusted.

Appears in 2 contracts

Samples: Planning Agreement, Planning Agreement

Indexation. If the Monetary Contribution is not paid to the City on the date of this document then at the date of payment the Monetary Contribution must be indexed as follows: Monetary Contribution (to be provided) = Monetary Contribution (as per item 1 of clause 1 above) x (A/B) where: A is the Index Number most recently published before the date the Monetary Contribution is to be paid B is the Index Number most recently published before the date this agreement commenced in accordance with clause 3.1 0 of this document. If after the formula is applied the Monetary Contribution will be less than the amount stated in item 1 of clause 1 above, the Monetary Contribution will not be adjusted.

Appears in 1 contract

Samples: Planning Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.