The Project Development Fee Cap for each:
2.1 element or component of the Project Development Partnering Services in respect of a New Project shall be the relevant amount for that element or component of the project from the Pricing Data agreed or determined pursuant to paragraph 2 of Schedule Part 5 (Approval Process for New Projects) as the Comparator, calculated on the basis specified in the relevant row within Sections 10 and 11 on Proforma 2 within the Pricing Data;
2.2 stage of the New Project Approval Process in respect of a New Project shall be the aggregate of all applicable elements and/or components of the Project Development Partnering Services agreed or determined pursuant to paragraph 2.1 above relevant for that stage; and
2.3 New Project as a whole shall be the aggregate of the fee for each stage agreed or determined pursuant to paragraph 2.2 above,
in each case subject to such adjustment (carried out in accordance with the principles set out in Appendix 1 (Pricing Data) to this Schedule Part 4 (Partnering Services Costs)) as may be appropriate to reflect variances between the Comparator and the details of the Project, such adjustment to be agreed between the Relevant Participant and hubco.