Definitions

"Fare" is the amount of money payable for the purchase of a right, exercisable against the Company as operator of the Facilities, subject to any applicable rights or restrictions, to make one or more journeys on the Facilities or to carry on such a journey an item of luggage [or an animal].

"Inflation Factor" means the change as between one Contract Year and the next in the [Consumer Price Index] (annual headline Inflation Rate) published or determined by the National Statistics Office with respect to the first Billing Month of the Contract Years in question.

"Foreign Exchange Factor" means [], but only in relation to Financing Agreements denominated in a currency other than Philippines Pesos.