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an amortized basis over the entire term (or remaining term if a contribution or investment occurs after the first year of the term) of the applicable concessionaire agreement). 

Any and all revenues unrelated to the Tournament shall be considered “Non-WTA” and are not to be included in the determination of “Tournament Aggregate WTA Revenues”. Examples of Non-WTA revenues may include, but not be limited to, developmental tennis academies or activities, rentals or other revenues related to non- WTA events held at the stadium throughout the year but outside of the Tournament period, and any Barter which is excluded from the calculation of PSI pursuant to sub-Sections XIV.B.5.e.i(a), (b), and (c). 

vii. If any Tournament or Tournament Affiliate receives payment from the WTA related to a tier downgrade or other sanction, such payment(s) shall be classified as Non-WTA revenues and excluded from the calculation of PSI, Non-PSI and Tournament Aggregate WTA Revenues. 

b. PSI Growth 

“PSI Growth” from Period A to Period B shall be equal to the sum of (i) one, plus (ii) the percentage difference, expressed as a decimal and rounded to the nearest hundredth of 1%, between PSI for Period A and PSI for Period B (the “PSI Percentage Increase”), minus (iii) an “Expense Credit”, expressed as a decimal, determined as follows: 

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provided, however, that in no event may the result of a Tournament’s PSI Growth calculation for any period be less than zero. 

c. Capital Credits 

The purpose of “Capital Credits” is to provide an incentive for Tournaments to make capital investments in their stadia and other facilities. For 2021, the Capital Credit for any Tournament shall be equal to the actual amount of depreciation for all capital items (determined in accordance with IFRS or US GAAP (as such terms are defined below), as applicable) for Pre- Approved Capital Projects (as defined below) to the extent recorded 

