Common use of ESCALATION FORMULA Clause in Contracts

ESCALATION FORMULA. 4.1 Unless otherwise agreed between the Parties, the Base Access Charge elements, except the QCA Levy, and any other charges specified as being subject to escalation will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 * CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating Access Charges and other charges payable under this Agreement pursuant to Part 5 of this Schedule; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of Access Charges at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.

ESCALATION FORMULA. 4.1 Unless otherwise agreed between the Parties, the Base Access Charge elements, except the QCA Levy, and any other charges specified as being subject to escalation elements will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 * *CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to Part clause 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of [Access Charges Charges/TOP Charges] at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.

ESCALATION FORMULA. 4.1 3.1 Unless otherwise agreed between the Parties, the Base Access Charge elements, except the QCA Levy, and any other charges specified as being subject to escalation elements will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 * *CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to Part clause 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of [Access Charges Charges/TOP Charges] at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.

ESCALATION FORMULA. 4.1 4.8 Unless otherwise agreed between the Parties, the Base Access Charge elements, except the QCA Levy, and any other charges specified as being subject to escalation will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 * CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating Access Charges and other charges payable under this Agreement pursuant to Part 5 of this Schedule; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of Access Charges at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.

ESCALATION FORMULA. 4.1 Unless otherwise agreed between the Parties, the Base Access Charge elements, except the QCA Levy, and any other charges specified as being subject to escalation elements will escalate on each Escalation Date from and including the First Escalation Date, in accordance with the following formula: BACn = BACn-1 * *CPIn / CPIn-1 Where: BACn means the escalated value of the relevant Base Access Charge element or other charge for the purpose of calculating [Access Charges and other charges payable under this Agreement pursuant to Part clause 5 of this Schedule/TOP Charges]; BACn-1 means the escalated value of the relevant Base Access Charge element or other charge applied prior to the relevant Escalation Date or in the case of [Access Charges Charges/TOP Charges] at the First Escalation Date means the relevant Base Access Charge element shown in Table 1.1; CPIn means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 6 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined; 18724028 CPIn-1 means the Consumer Price Index Brisbane (Australian Bureau of Statistics Publication No.6401.0), as first published, for the Quarter the midpoint of which is 18 months prior to the midpoint of the Quarter commencing on the Escalation Date for which the variable BACn is being determined.