2016-10-17 GC Agenda - Item 8 - Attachment 2 (Amended) - Statement of Financial Position

                                      agents).

       PPSA                           means the Personal Property Securities Act 2009 (Cth).

       Required Insurance             means an insurance policy the Lessor is required to
       Policy                         maintain under clause 18.

       Rent                           means the fees and charges payable by the Lessee for
                                      the hire of the Buses as set out in Schedule 5.

       Residual Purchase Price        means Residual Purchase Price calculated in accordance
                                      with Schedule 5.

       Services                       means the lease of the Buses, UCAPs and all other items
                                      in this Lease by the Lessor to the Lessee for the Term in
                                      accordance with the terms of the Lease.

       Term                           means the period commencing on the Commencement
                                      Date and ending on the End Date.

       TransLink                      means the Translink Division of Queensland State
                                      Government Department of Transport and Main Roads.


4.2   Interpretation

      In the interpretation and application of this document, unless the context otherwise
      requires:

      (a)     in calculating any period of time commencing from a particular day, the period
              commences on the following day and the following day counts as part of that
              period;

      (b)     where an expression, word or phrase is given a particular meaning, then other
              parts of speech based on that expression, word or phrase and other grammatical
              forms of that expression, word or phrase, have corresponding meanings;

      (c)     the rule of interpretation which sometimes requires that a document be interpreted
              to the disadvantage of the party which put the document forward, does not apply;

      (d)     a reference to this document or any other agreement, arrangement or document,
              includes any variation, novation, supplementation or replacement of them;

      (e)     where an expression is defined anywhere in this document, it has the same
              meaning throughout;

      (f)     a reference to any gender includes all genders;

      (g)     headings are for convenience of reference only and do not affect interpretation;

      (h)     a mention of anything after include, includes or including, does not limit what else
              might be included;

      (i)     if an example is given of anything, including an example of a right, obligation or
              concept, the example does not limit the scope of that thing;




                                                                                                     7