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If the Consumer Price Index ceases to be published a replacement index shall be agreed on in writing by the Parties and in default of agreement for a period of fourteen (14) days the index may be determined at the request of either Party by the President or Acting President of the New South Wales Division of the Australian Institute of Valuers or his nominee. \" \"Anniversary Date\" \" means the 30th day of September each year or such other date as may be agreed by the Parties, commencing on the first 30th day of September following the commissioning of the First System or an Interim System. \" \"Annual Period\" \" means a period of one year, or part thereof for the first Annual Period, following the commissioning of the First System or an Interim System, concluding on an Anniversary Date. \" \"Artificial Sand Bypassing System\" \" or \" \"System\" \" means the works as described in the Heads of Agreement to be established pursuant to this Agreement for the hydraulic or mechanical movement of sand in perpetuity from within the Tweed River Bar and Entrance Area on the updrift side to the Beaches on the downdrift side of the Tweed River entrance other than by natural processes and includes all necessary preliminary and ancillary activities, any interim works that the Parties agree to establish for that purpose and any replacement of the works which may be necessary from time to time to meet the purpose of this Agreement but does not include any works associated with the Initial Dredging Component. \" \"Beaches\" \" means, for the purpose of the Initial Dredging Component, the area identified on the map shown in Schedule 1 and means, for the purpose of the System, Duranbah Beach, Snapper Rocks and Kirra Point or in their vicinity. \" \"Cash Flow Period\" \" means the period of one month, or such other period as may be agreed by the Parties for the purpose of clause 14. \" \"Clear Navigation Channel\" \" means a navigation channel which has a depth below Indian Spring Low Water (ISLW) of at least 3.5 metres over a width of 70 metres and extending from an upriver limit defined by the upriver boundary of the Tweed River Bar and Entrance Area shown in Schedule 2 to the open sea or such other parameters as may be agreed in writing between the Parties. \" \"Consultation Actions\" \" mean the actions listed in column 1 of the table in clause 10.5. \" \"Contract Management\" \" means the functions and activities referred to in clause 8.3.1(b). \" \"Contract Quantity\" \" means the cumulative quantity of sand which is to be delivered by any Anniversary Date in accordance with clause 12 or as otherwise agreed in writing by the Parties. \" \"Contracting State\" \" means a Party who carries out or pays for work which is a Shared Project Cost. \" \"Coordinating State\" \" means the Party specified in clause 8.6.2 and as varied from time to time pursuant to clause 10.11.2, as the Party representing both Parties for the purposes set out in clause 8.6. \" \"First System\" \" means the first Artificial Sand Bypassing System established under this Agreement which is assessed by the Parties before accepting tenders as being capable of operating for a period of approximately 25 years and does not mean any Interim System unless the Parties expressly agree in writing that an Interim System is to be considered as the First System. The assessment of the Parties shall be based upon best available practices and best available data. \" \"Government Agency\" \" means:", "hash": "d5ab5c32eb81a4141b91d774f0d5f8c8", "id": 9}, {"snippet_links": [{"key": "the-relevant", "type": "clause", "offset": [6, 18]}, {"key": "monetary-amount", "type": "clause", "offset": [19, 34]}, {"key": "divided-by", "type": "clause", "offset": [59, 69]}, {"key": "the-consumer-price-index", "type": "definition", "offset": [70, 94]}, {"key": "the-australian", "type": "clause", "offset": [126, 140]}, {"key": "bureau-of-statistics", "type": "definition", "offset": [141, 161]}, {"key": "signing-of", "type": "clause", "offset": [177, 187]}, {"key": "this-deed", "type": "clause", "offset": [188, 197]}], "samples": [{"hash": "4Y8whsBFfAQ", "uri": "/contracts/4Y8whsBFfAQ#adjustment-formula", "label": "Tweed River Entrance Sand Bypassing Project Agreement", "score": 31.5717144012, "published": true}], "size": 1, "snippet": "means the relevant monetary amount being adjusted by being divided by the Consumer Price Index (All groups) last published by the Australian Bureau of Statistics at the date of signing of this Deed and multiplied by the Consumer Price Index last", "hash": "c369a72d38b523a0640cf01e7fbf1d46", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIbYWRqdXN0bWVudC1mb3JtdWxhIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Adjustment Formula", "size": 15, "snippet": "means the formula set out in Annexure C (Details of Charges) in respect of the escalation of charges;", "id": "adjustment-formula", "examples": ["The thresholds set out in this paragraph shall be adjusted in accordance with Section G (Threshold <strong>Adjustment Formula</strong>) of this Schedule.", "Such adjustments shall be based on the formula as found in Appendix I (&quot;Economic <strong>Adjustment Formula</strong>&quot;).", "Such adjustments shall be calculated in accordance with the economic <strong>adjustment formula</strong> attached as Appendix I (&quot;Economic <strong>Adjustment Formula</strong>&quot;).", "The Reference Tariffs may vary on the basis of an Annual Reference Tariff <strong>Adjustment Formula</strong> Mechanism.", "If prices are adjustable, the following method shall be used to calculate the price adjustment [see attachment to these SCC for a sample Price <strong>Adjustment Formula</strong>] GCC 17.1 Payment Terms: 1.", "With effect from this date the rates and charges of this Agreement shall be adjusted each year as per Recurrent Labor Price Adjustment Date as specified in Section 24 of Annex 3 \u2013 Engine Maintenance Agreement in accordance with the Labor Price Annual <strong>Adjustment Formula</strong> specified in the Section 25 of Annex 3 \u2013 Engine Maintenance Agreement.", "Such adjustments shall be based on the economic <strong>adjustment formula</strong> attached as Appendix I (&quot;Economic <strong>Adjustment Formula</strong>&quot;).", "Any Additional Equipment installed to correct a defect specific to the Aircraft, to the components thereof or the fleet of Aircraft, will be for the account of Seller and such Aircraft will not be subject to the Price <strong>Adjustment Formula</strong> for the period of time necessary to correct the defect.", "If (i) the Date of Availability is scheduled by Seller less than five (5) days before the end of a month or (ii) the Acceptance is extended beyond the month of the original Date of Availability due to the Aircraft not being in compliance with this Agreement, then the Price <strong>Adjustment Formula</strong> shall not apply to such Aircraft after the month of the original Date of Availability.", "This credit memorandum amount will be escalated pursuant to the Airframe <strong>Adjustment Formula</strong> contained in Exhibit D of the Agreement, from December 1998 to the month of delivery."], "related": [["adjustment-fraction", "Adjustment Fraction", "Adjustment Fraction"], ["adjustment-price", "Adjustment Price", "Adjustment Price"], ["adjustment-factor", "Adjustment Factor", "Adjustment Factor"], ["adjustment-spread", "Adjustment Spread", "Adjustment Spread"], ["snb-adjustment-spread", "SNB Adjustment Spread", "SNB Adjustment Spread"]], "related_snippets": [], "updated": "2026-03-20T05:48:33+00:00"}, "json": true, "cursor": ""}}