Common use of Adjustment of Charges Clause in Contracts

Adjustment of Charges. 8.1. Unless specified in the Schedule as being at a fixed rate, the Monthly Charge shall be adjusted annually in line with latest issued CPI figures on the anniversary of the Commencement Date. For each rise of one full point or part thereof in the CPI, the cost per month will be increased accordingly to take account of the additional costs of complying with the Agreement. Notwithstanding the charges in the Schedule being referred to as a fixed rate, where there is an increase of more than 5% in the CPI in any one contract year, the Monthly Charge shall be increased in line with the CPI. 8.2. The Company will notify the Operator of the amount of the adjustment and the date on which such adjustment is to take effect and the Operator shall pay the adjusted rate from such date. 8.3. The Company may change the Monthly Charge, or other contractual rates at any time to account for increased costs resulting from changes to legislation, taxation, import duties, customs charges or any increase of the costs in delivering the services outside of the Company’s reasonable control.

Adjustment of Charges. 8.1. Unless specified in the Schedule as being at a fixed rate, the Monthly Charge shall be adjusted annually in line with latest issued CPI figures on the anniversary of the Commencement Date. For each rise of one full point or part thereof in the CPI, the cost per month will be increased accordingly to take account of the additional costs of complying with the Agreement. Notwithstanding the charges in the Schedule being referred to as a fixed rate, where there is an increase of more than 5% in the CPI in any one contract year, the Monthly Charge shall be increased in line with the CPI. 8.2. The Company will notify the Operator of the amount of the adjustment and the date on which such adjustment is to take effect and the Operator shall pay the adjusted rate from such date. 8.3. The Company Operator may change the Monthly Charge, or other contractual rates at any time to account for increased costs resulting from changes to legislation, taxation, import duties, customs charges or any increase of the costs in delivering the services outside of the Company’s reasonable control.