Annual Adjustments to Use Charges Sample Clauses

Annual Adjustments to Use Charges. Xxxxxxxx may, upon written notice to Customer, increase all or specified Use Charges under any Long-Term Lease on each anniversary of the Commencement Date of such Long-Term Lease (each is an “Adjustment Date”). At Xxxxxxxx’x election, the Use Charges payable immediately prior to the applicable Adjustment Date shall be increased by an amount equal to the percentage that the United States Department of Labor, Bureau of Labor Statistics, Consumer Price Index for All Urban Consumers (all items in U.S. City Average on the basis of 1982-1984 equals 100), or any successor index designated by Mckinney (the “Index”), published for the date nearest preceding the applicable Adjustment Date has increased over the Index published for the date nearest preceding the first day of the Lease year from which the adjustment is being measured. Upon Xxxxxxxx’x calculation of each increase, Xxxxxxxx shall notify Customer of the new Use Charges payable under the Lease. Within thirty (30) days of the date of Xxxxxxxx’x notice, Customer shall pay to Xxxxxxxx the amount of any deficiency in Use Charges paid by Customer for the period following the subject Adjustment Date, and shall thereafter pay the increased Use Charges until receiving the next notice of increase from Xxxxxxxx.
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Related to Annual Adjustments to Use Charges

  • Adjustments to Fees Notwithstanding any of the fee limitations set forth in this Article 6, commencing upon the expiration of the first year of this Agreement, and upon the expiration of each year thereafter during the Term, the then-­‐current fees set forth in Section 6.1 and Section 6.3 may be adjusted, at ICANN’s discretion, by a percentage equal to the percentage change, if any, in (i) the Consumer Price Index for All Urban Consumers, U.S. City Average (1982-­‐1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics, or any successor index (the “CPI”) for the month which is one (1) month prior to the commencement of the applicable year, over (ii) the CPI published for the month which is one (1) month prior to the commencement of the immediately prior year. In the event of any such increase, ICANN shall provide notice to Registry Operator specifying the amount of such adjustment. Any fee adjustment under this Section 6.5 shall be effective as of the first day of the first calendar quarter following at least thirty (30) days after ICANN’s delivery to Registry Operator of such fee adjustment notice.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

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