Common use of Paragraph 4th Clause in Contracts

Paragraph 4th. The value of the factor of the amortization is: I – 0 (zero) for variations of the IST, in the period under consideration, up to 10% (ten per cent); II – 0.01 (zero dot zero one), for variations of the IST, in the period under consideration, above 10% (ten per cent) and up to 20% (twenty per cent) and III – 0.02 (zero dot zero two), for variations of the IST, in the period under consideration, above 20% (twenty per cent).

Appears in 6 contracts

Samples: Grant Contract (Telesp Holding Co), Grant Contract (Telesp Holding Co), Grant Contract (Telesp Holding Co)

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Paragraph 4th. The value of the factor of the amortization is: I – 0 (zero) for variations of the IST, in the period under consideration, up to 10% (ten per cent); II – 0.01 (zero dot zero one), for variations of the IST, in the period under consideration, above 10% (ten per cent) and up to 20% (twenty per cent) and III – 0.02 (zero dot zero two), for variations of the IST, in the period under consideration, above 20% (twenty per cent).;

Appears in 2 contracts

Samples: Grant Contract (Telefonica Brasil S.A.), Telefonica Brasil S.A.

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