Revision of Fee. 27.2.1 The Parties hereto acknowledge and agree that subject to and in accordance with the Fee Notification, the Fee specified therein as applicable on COD (the “Base Fee”) shall be revised annually on April 1 in accordance with the provisions of the Fee Notification; provided, however, that such revision shall not be effected until a period of 6 (six) months has elapsed from the date of the immediately preceding determination of Fee hereunder. For the avoidance of doubt, it is agreed that revision on account of variation in WPI shall be restricted to [60% (sixty per cent)] of the variation in WPI occurring between January 31 immediately preceding the date of this Agreement and January 31 of the year of revision hereunder.
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Samples: Concession Agreement, Concession Agreement, Concession Agreement
