Adjustment Formula
2.1 Failures to comply with PS2 Performance Target A during any Month shall lead to Adjustments to the Monthly Payment in accordance with the following formula:
= | MUC x 0.2 x M | |
Where: | ||
MUC | = | the Monthly Unitary Charge for the relevant Month; |
= | the factor from PS2 Table 1. |
PS2 Table 1
% of Lighting Points In Light during the Lighting Up Periods | |
> 99% and ≤ 100% | Nil |
> 98.5% and ≤ 99% | 0.110 |
> 98 and ≤ 98.5% | 0.150 |
> 97.5% and ≤ 98% | 0.200 |
> 97% and ≤ 97.5% | 0.310 |
> 96.5% and ≤ 97% | 0.420 |
> 96% and ≤ 96.5% | 0.625 |
> 95.5% and ≤ 96% | 0.875 |
> 95% and ≤ 95.5% | 1.200 |
> 93% and ≤ 95% | 2.000 |
≤ 93% | 2 and a Service Provider Default Event pursuant to clause 42.2(l)(i) (Service Provider Default) of the Contract |