16.6 If, pursuant to clause [65.16] of the Project Agreement, it is agreed or determined that the Authority is to receive the benefit of any insurance policy premium variations and further to a review by the parties of the Joint Insurance Cost Report provided by the Contractor pursuant to clause [65.15.2] of the Project Agreement, it is agreed or determined pursuant to clause 23 (Dispute Resolution) of this Agreement that all or part of the cost benefit relates to the Academy:
16.6.1 the Authority shall forthwith notify the Company of the same;
16.6.2 the Company shall make an appropriate adjustment to the Relevant Proportion to reflect that part of the decrease attributed to the Company within ten (10) Business Days of receipt of notice; and
16.6.3 on the next immediate and subsequent Payment Date, payments of the Relevant Proportion shall be adjusted to reflect that part of the decrease attributed to the Company in accordance with clause 16.6.2
[DN: Consider Project Agreement wording]