Common use of Annual Fee Increase Clause in Contracts

Annual Fee Increase. Commencing on the 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 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. Citi will communicate any fee changes to VCM accordingly.

Appears in 6 contracts

Samples: Sub Administration and Sub Fund Accounting Services Agreement (Victory Portfolios II), Sub Administration and Sub Fund Accounting Services Agreement (Victory Portfolios), Sub Administration and Sub Fund Accounting Services Agreement (Victory Variable Insurance Funds)

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