Monthly Payment

=

MUC - A1(a) - A1 - A2 + A3 + A4 - A5 + A6 - A7 + A8 + A9 + ECA

Where:

MUC

=

Monthly Unitary Charge for the current Month as calculated in paragraphs 2.3 to 2.4 (inclusive) of this Payment Mechanism;

A1(a)

=

any Adjustments due under this Payment Mechanism in accordance with PS1 as at the end of the Month prior to that which MUC relates as such Adjustment shall be calculated in accordance with paragraph 1 of Part 2 of this Payment Mechanism;

A1

=

any Adjustments due under this Payment Mechanism in accordance with PS2 to PS7 in respect of the Month prior to that which MUC relates or in accordance with PS8 in respect of the previous year as such Adjustments shall be calculated in accordance with paragraphs 2 to 8 of Part 2 of this Payment Mechanism;

A2

=

any adjustments to reflect previous overpayments;

A3

=

any adjustments to reflect previous underpayments;

A4

=

any other amounts payable by the Authority to the Service Provider under the Contract;

A5

=

any other amounts payable by the Service Provider to the Authority under the Contract;

A6

=

any interest payable by the Authority to the Service Provider under the Contract;

A7

=

any interest payable by the Service Provider to the Authority under the Contract;

A8

=

any positive or negative adjustment due in respect of the Sub-Contractors in the Construction Industry Scheme.  For the avoidance of doubt any deductions made in respect of the Sub-Contractors in the Construction Industry Scheme shall be treated as a negative adjustment under this definition A8;

A9

=

any adjustment to take account of any Accrued Apparatus or De-Accrued Apparatus incorporated within or removed from the Service calculated in accordance with paragraph 4 of Part 1 of this Payment Mechanism since the most recent Indexation Review Date;

ECA

=

the Electricity Costs Adjustment calculated in accordance with paragraph 3 of Part 1 of this Payment Mechanism for the current Month.