Common use of Annual Fee Increase Clause in Contracts

Annual Fee Increase. Commencing after the Initial Term and annually thereafter, the Service Provider may annually increase the fixed fees and other fees expressed as stated dollar amounts in this Agreement by up to an amount equal to the greater of: (a) the most recent annual percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter” or a similar index should such index no longer be published, and (b) 10%.

Appears in 3 contracts

Sources: Sub Transfer Agency Services Agreement (Diamond Hill Funds), Services Agreement (Diamond Hill Funds), Services Agreement (Diamond Hill Funds)

Annual Fee Increase. Commencing after the Initial Term on June 11, 2015 and annually thereafter, the Service Provider may annually increase the fixed fees and other fees expressed as stated dollar amounts in this Agreement by up to an amount equal to the greater of: (a) the most recent annual percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter” or a similar index should such index no longer be published, and (b) 10%.

Appears in 1 contract

Sources: Transfer Agency Services Agreement (Hc Capital Trust)

Annual Fee Increase. Commencing after on the Initial Term one-year anniversary of the Effective Date and annually thereafter, the Service Provider may annually increase the fixed fees and other fees expressed as stated dollar amounts in this Agreement by up to an amount equal to the greater of: (a) the most recent annual percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter” or a similar index should such index no longer be published. Service Provider shall provide Client with 60 days written notice prior to an increase, and (b) 10%with the understanding that such notice shall not include the increase as such amount will not be known.

Appears in 1 contract

Sources: Services Agreement (ETF Opportunities Trust)

Annual Fee Increase. Commencing after on the Initial Term one-year anniversary of the Effective Date and annually thereafter, the Service Provider may annually increase the fixed fees and other fees expressed as stated dollar amounts in this Agreement by up to an amount equal to the greater of: (a) the most recent annual percentage increase in consumer prices for services as measured by the United States Consumer Price Index entitled “All Services Less Rent of Shelter” or a similar index should such index no longer be published, and (b) 10%.

Appears in 1 contract

Sources: Support Services Agreement (Strategy Shares)