Common use of Climate Clause in Contracts

Climate. The climate component for the District Allowance rates effective 1 July 2010 is calculated by multiplying $806 by a quotient derived from the division of the Bureau of Meteorology Relative Strain Index (RSI) value for a specific location or area less 10 by the maximum RSI index value less 10 (200-10=190). Future annual calculations of the climate component will be made on 1 July each year using the monetary value of the previous year adjusted by the annual increase in the Perth Consumer Price Index March to March as issued by the Australian Bureau of Statistics.

Appears in 4 contracts

Samples: General Agreement, District Allowance, General Agreement

AutoNDA by SimpleDocs

Climate. The climate component for the District Allowance rates effective 1 July 2010 is calculated by multiplying $806 by a quotient derived from the division of the Bureau of Meteorology Relative Strain Index (RSI) value for a specific location or area less 10 by the maximum RSI index value less 10 (200-200- 10=190). Future annual calculations of the climate component will be made on 1 July each year using the monetary value of the previous year adjusted by the annual increase in the Perth Consumer Price Index March to March as issued by the Australian Bureau of Statistics.

Appears in 2 contracts

Samples: District Allowance, General Agreement

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