Common use of Below is an illustration of how Clause in Contracts

Below is an illustration of how. clause 15.7. above will apply using the following assumptions: 15.14.1. In the event that The Service Provider Fee is R106.00; and 15.14.2. Benchmark Upper Quartile fee for example is R100.00; and 15.14.3. If the year-on-year cost reduction in terms of Annexure I, is for example 3% (R106.00 less 3%) = R3.18. 15.14.4. then applying the year-on-year reduction, the Service Provider would have had to reduce the Fees by 3% = R3.18. Therefore R106 – R3.18 = R102.82.

Below is an illustration of how. clause 15.716.7. above will apply using the following assumptions: 15.14.116.14.1. In the event that The Service Provider Fee is R106.00; and 15.14.216.14.2. Benchmark Upper Quartile fee for example is R100.00; and 15.14.316.14.3. If the year-on-year cost reduction in terms of Annexure IAttachment G2, is for example 3% (R106.00 less 3%) = R3.18. 15.14.416.14.4. then applying the year-on-year reduction, the Service Provider would have had to reduce the Fees by 3% = R3.18. Therefore R106 – R3.18 = R102.82.