Common use of Base Case Clause in Contracts

Base Case. If the Concessionaire pays the minimum amount due each year i.e. in 10 equal annual instalments) Anniversary of the Appointed Date Instalment of Annuity paid Instalment of Annuity payable with interest Say the Annuity is INR 30 Cr, the amount payable shall be: Case 2 (An illustrative case where the Concessionaire choses to pay more than the minimum due instalments each year i.e. the Concessionaire finishes payment of Annuity earlier than 10 years). Anniversary of the Appointed Date Instalment of Annuity paid Instalment of Annuity payable with interest Say the Annuity is INR 30 Cr, the amount payable shall be:

Base Case. If the Concessionaire pays the minimum amount due each year i.e. in 10 equal annual instalments) Anniversary of the Appointed Date Instalment of Annuity paid Instalment of Annuity payable with interest Say the Annuity is INR 30 80 Cr, the amount payable shall be: Case 2 (An illustrative case where the Concessionaire choses to pay more than the minimum due instalments each year i.e. the Concessionaire finishes payment of Annuity earlier than 10 years). Anniversary of the Appointed Date Instalment of Annuity paid Instalment of Annuity payable with interest Say the Annuity is INR 30 80 Cr, the amount payable shall be: