Common use of Indexation Clause in Contracts

Indexation. 12.1. Any sum referred to in paragraphs 2 to 5, 7 and 8 of Schedule 1 shall be increased by an amount equivalent to any increase in the Index from the date of this Deed until the date on which such sum is paid and if the Index has decreased the sum payable shall be the amount specified in this Deed (without any decrease).

Appears in 6 contracts

Samples: Draft S106 Agreement, Final S106 Agreement, Final S106 Agreement

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Indexation. 12.1. Any sum referred to in paragraphs 2 to 5, 7 and 8 paragraph 1 of Schedule 1 to this Deed shall be increased by an amount equivalent to any the increase in the Index from the date of this Deed hereof until the date on which such sum is paid and if the Index has decreased the sum payable shall be the amount specified in this Deed (without any decrease)payable.

Appears in 1 contract

Samples: Agreement

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