FINANCIAL SECTION XIV - PRIZE MONEY FORMULA by a Tournament or its Tournament Affiliate in accordance with IFRS  or US GAAP (as applicable), applied on a straight-line method over the  depreciable life of the applicable capital item (not to exceed 20 years)  commencing with the first Tour Year in which such capital item is placed  in service by the applicable Tournament or Tournament Affiliate. For any Tournament that has multiple Capital Credits, the Capital Credits  each year are limited to the amount of the Tournament’s annual PSI  increase. Any unused or unrealized Capital Credits will not be carried  forward to subsequent years. For example, if a Tournament has Capital Credits of $45,000 in 2020  and $25,000 in 2021, the Tournament’s PSI increase before the Capital  Credit would have to be at least $45,000 in 2020 and $70,000 ($45,000  plus $25,000) in 2021 in order to receive the full Capital Credit. If the  Tournament’s PSI increase from 2020 to 2021 before the Capital Credit  was $55,000, its Capital Credit would be limited to $55,000. “IFRS” means International Financial Reporting Standards, consistently  applied. “Pre-Approved Capital Projects” are those capital projects that (a) are  placed in service by a Tournament or Tournament Affiliate on or after  January 1, 2009, (b) constitute improvements to a Tournament’s tennis  stadium, arena or other facility that the Tournament demonstrates to  the satisfaction of the PMF Committee is likely to result in growth in  PSI, and (c) are approved in advance by the Board of Directors upon the  recommendation of the PMF Committee. “US GAAP” means United States generally accepted accounting principles,  consistently applied. For purposes of this Section XIV, the term “Tournament Affiliate” means,  with respect to any Tournament, any entity that is (a) involved in the  operation, marketing or broadcast of such Tournament’s event and (b)  either (i) an operator of such Tournament, or an owner of, or an entity that  controls, in either case whether directly or indirectly, a 30% or greater  equity interest in such Tournament (an “Owner/Operator”), (ii) an entity  in which an Owner/Operator owns, directly or indirectly, a 30% or greater  equity interest, or (iii) otherwise in control of, controlled by or under  common control with any Owner/Operator. Any and all revenues received by a Tournament Affiliate of any Tournament  shall be included in the calculation of PSI, as if such revenues had been  d.  Tournament Affiliates 250