Common use of Adjustment of the fees Clause in Contracts

Adjustment of the fees. 19.10.1. The Monthly Service Fee is determined by specified metrics (e.g. Active SiteManagers, Endpoints etc). Changes in the specified metrics may lead to changes in the Monthly Service Fee for the next invoicing term. Definition of the specified metrics can be found in Schedule SD (Services and Deliverables). 19.10.2. Once a year, the Supplier shall be entitled without notice to introduce general price adjustments, which will apply to any work performed under this Agreement (existing or future work). The general price adjustments will be applied proportionately regardless of any discounts applicable to the Services and Deliverables in question. The general price increase will correspond to the percentage increase in the net price index (provided by Statistics Denmark) compared to the previous year + 3 % point. 19.10.3. In addition, Supplier is entitled without notice to make general price adjustments if due to unexpected fluctuations in raw material costs, energy prices, rate fluctuations etc. 19.10.4. In case of any other price increase, this will be subject to a notice of sixty (60) days.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms and Conditions

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Adjustment of the fees. 19.10.1. 19.10.1 The Monthly Service Fee is determined by specified metrics (e.g. Active SiteManagers, Endpoints etc). Changes in the specified metrics may lead to changes in the Monthly Service Fee for the next invoicing term. Definition of the specified metrics can be found in Schedule SD (Services and Deliverables). 19.10.2. 19.10.2 Once a year, the Supplier shall be entitled without notice to introduce general price adjustments, which will apply to any work performed under this Agreement (existing or future work). The general price adjustments will be applied proportionately regardless of any discounts applicable to the Services and Deliverables in question. The general price increase will correspond to the percentage increase in the net price index (provided by Statistics Denmark) compared to the previous year + 3 % point. 19.10.3. 19.10.3 In addition, Supplier is entitled without notice to make general price adjustments if due to unexpected fluctuations in raw material costs, energy prices, rate fluctuations etc. 19.10.4. 19.10.4 In case of any other price increase, this will be subject to a notice of sixty (60) days.

Appears in 2 contracts

Samples: General Terms and Conditions, General Terms and Conditions

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