Common use of The Monetary Contribution Clause in Contracts

The Monetary Contribution. (a) The Company must pay to the Council the Monetary Contribution in arrears within 14 days of 1 July of each year for each turbine which was an Intended Turbine or an Operating Turbine (as applicable) during the preceding Contribution Year. (b) The parties agree that the Monetary Contribution will be reviewed on 1 July of each year in accordance with the following formula: MC = A x B Where: MC = the Monetary Contribution payable for the following Contribution Year; A = the Monetary Contribution payable during the Contribution Year just ended; B = the Index Number last published before the end of the Contribution Year just ended; and C = the Index Number last published before the commencement of the Contribution Year just ended. (c) The monetary contribution is a taxable supply for GST in accordance with Clause 12.

The Monetary Contribution. (a) The Company must pay to the Council the Monetary Contribution in arrears within 14 days of 1 July of each year for each turbine which was an Intended Turbine or an Operating Turbine (as applicable) during the preceding Contribution Year. (b) The parties agree that the Monetary Contribution will be reviewed on 1 July of each year in accordance with the following formula: MC = A x B Where: MC = the Monetary Contribution payable for the following Contribution Year; A = the Monetary Contribution payable during the Contribution Year just ended; B = the Index Number last published before the end of the Contribution Year just ended; and C = the Index Number last published before the commencement of the Contribution Year just ended. (c) The monetary contribution is a taxable supply for GST in accordance with Clause 12.

The Monetary Contribution. (a) The Company must pay to the Council the Monetary Contribution in arrears within 14 days of on 1 July of each year for each turbine which was an Intended Turbine or an Operating Turbine (as applicable) during the preceding Contribution Year. (b) The parties agree that the Monetary Contribution will be reviewed on 1 July of each year year, commencing at the June 2011 quarter, in accordance with the following formula: MC = A x B C Where: MC = the Monetary Contribution payable for the following Contribution Year; A = the Monetary Contribution payable during the Contribution Year just ended; B = the Index Number last published before the end of the Contribution Year just ended; and C = the Index Number last published before the commencement of the Contribution Year just ended. (c) The monetary contribution is a taxable supply for GST in accordance with Clause 1211.

The Monetary Contribution. (a) The Company must pay to the Council the Monetary Contribution in arrears within 14 days of on 1 July of each year for each turbine which was an Intended Turbine or an Operating Turbine (as applicable) during the preceding Contribution Year. (b) The parties agree that the Monetary Contribution will be reviewed on 1 July of each year in accordance with the following formula: formula:‌ MC = A x B C Where: MC = the Monetary Contribution payable for the following Contribution Year; A = the Monetary Contribution payable during the Contribution Year just ended; B = the Index Number last published before the end of the Contribution Year just ended; and C = the Index Number last published before the commencement of the Contribution Year just ended. (c) The monetary contribution is a taxable supply for GST in accordance with Clause 12.