Common use of ADJUSTMENT OF FRAMEWORK PRICES Clause in Contracts

ADJUSTMENT OF FRAMEWORK PRICES. 3.1 The Agency may voluntarily reduce its Framework Prices at any time during the Term. 3.2 Apart from such voluntary reductions, the Framework Prices can only be varied: ● due to a Specific Change in Law in relation to which the Parties agrees that a change is required to all or part of the Framework Prices in accordance with Clause 11.5, or ● where a review of the Framework Prices is agreed by the Parties, in accordance with the provisions of paragraph 4 of this Framework Schedule 3.

Appears in 2 contracts

Samples: Framework Agreement, Framework Agreement

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ADJUSTMENT OF FRAMEWORK PRICES. 3.1 The Agency Supplier may voluntarily reduce its Framework Prices at any time during the Term. 3.2 Apart from such voluntary reductions, the Framework Prices can only be varied: ● : 3.2.1 due to a Specific Change in Law in relation to which the Parties agrees that a change is required to all or of part of the Framework Prices in accordance with Clause 11.5, or ● or 3.2.2 where a review of the Framework Prices is agreed by the Parties, in accordance with the provisions of paragraph 4 of this Framework Schedule 3.

Appears in 1 contract

Samples: Framework Agreement

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ADJUSTMENT OF FRAMEWORK PRICES. 3.1 The Agency may voluntarily reduce its Framework Prices at any time during the Term. 3.2 Apart from such voluntary reductions, the Framework Prices can only be varied: ● : 3.2.1 due to a Specific Change in Law in relation to which the Parties agrees that a change is required to all or of part of the Framework Prices in accordance with Clause 11.5, or ● or 3.2.2 where a review of the Framework Prices is agreed by the Parties, in accordance with the provisions of paragraph 4 of this Framework Schedule 3.

Appears in 1 contract

Samples: Framework Agreement

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