15% or More Surcharge Clause Samples

15% or More Surcharge. In the event any Surcharge results in a fifteen percent (15%) or more increase in the applicable service fee, TLO shall notify Customer of the amount of the Surcharge required to reimburse TLO for its costs, plus carrying costs, together with reasonable supporting detail for the nature and amount of any such Surcharge. (i) If within thirty (30) days of such notification provided in this Section 11(d), Customer does not agree to pay such Surcharge or to reimburse TLO up front for its costs, TLO may elect to either: a. require Customer to pay such Surcharge, up to a fifteen percent (15%) increase in the applicable service fee; or b. terminate the service under this Agreement to which the Surcharge applies, upon notice to Customer. (ii) TLO’s performance obligations under this Agreement shall be suspended or reduced during the above thirty (30) day period to the extent that TLO would be obligated to make such expenditures to continue performance during such period.

15% or More Surcharge. In the event any Surcharge results in a fifteen percent (15%) or more increase in the applicable service fee, Operator shall notify Customer of the amount of the Surcharge required to reimburse Operator for its costs, plus carrying costs, together with reasonable supporting detail for the nature and amount of any such Surcharge. (i) If within thirty (30) days of such notification provided in this Section 7(d), Customer does not agree to pay such Surcharge or to reimburse Operator up front for its costs, Operator may elect to either: a. require Customer to pay such Surcharge, up to a fifteen percent (15%) increase in the applicable service fee; or b. terminate the service under this Agreement to which the Surcharge applies, upon notice to Customer. (ii) Operator’s performance obligations under this Agreement shall be suspended or reduced during the above thirty (30) day period to the extent that Operator would be obligated to make such expenditures to continue performance during such period.

15% or More Surcharge. In the event any Surcharge results in a fifteen percent (15%) or more increase in the applicable service fee in accordance with Section 7(a), TSPC shall notify TRMC of the amount of the Surcharge required to reimburse TSPC for its costs, plus carrying costs, together with reasonable supporting detail for the nature and amount of any such Surcharge. (i) If within thirty (30) days of such notification provided in this Section 7(d), TRMC does not agree to pay such Surcharge or to reimburse TSPC up front for its costs, TSPC may elect to either: (A) require TRMC to pay such Surcharge, up to a fifteen percent (15%) increase in the applicable service fee; or (B) terminate the affected Segment(s) or other facilities from this Agreement upon notice to TRMC. (ii) TSPC’s performance obligations under this Agreement shall be suspended or reduced during the above thirty (30) day period to the extent that TSPC would be obligated to make such expenditures to continue performance during such period.

15% or More Surcharge. In the event any Surcharge results in a fifteen percent (15%) or more increase in the fee for the applicable Service or Ancillary Service, TLO shall notify TRMC of the amount of the Surcharge required to reimburse TLO for its costs, plus carrying costs, together with reasonable supporting detail for the nature and amount of any such Surcharge. (i) If within thirty (30) days of such notification provided in this Section 9(d), TRMC does not agree to pay such Surcharge or to reimburse TLO up front for its costs, TLO may elect to either: a. require TRMC to pay such Surcharge, up to a fifteen percent (15%) increase in the fee for the applicable Service or Ancillary Service; or b. Upon notice to TRMC; terminate the affected Ancillary Service from this Agreement, or if the applicable surcharge applies to the Services, terminate this Agreement. (ii) TLO’s performance obligations under this Agreement shall be suspended or reduced during the above thirty (30)-day period to the extent that TLO would be obligated to make such expenditures to continue performance during such period.