Annual Price Adjustments. The Price may be adjusted upward or downward on each anniversary of the Commencement Date by an amount that is mutually agreed upon by Supplier and Customer and that is reflective of then current market conditions.
Annual Price Adjustments. The Parties agree that the prices listed in Attachment A#.5 will be held for ****. Annual Price adjustments will automatically be made starting on ****. The automatic price adjustment starting on **** will be a **** percent (****%) increase from the prices listed on Attachment A#.5.
Annual Price Adjustments. Patheon may adjust the Price effective January 1st of each Year as follows:
Annual Price Adjustments. Since our costs to provide you with the service set forth in this agreement may increase, we reserve the right to adjust the price of our service under this agreement accordingly, upon renewal. In the event this occurs, we will adjust your monthly price based on the percentage change in material and the average rate paid to elevator examiners. This rate paid to elevator examiners consists of the hourly rate paid to examiners plus fringe benefits granted in place of or in addition to the hourly rate. Fringe benefits include pensions, vacations, paid holidays, group insurance, sickness and accident insurance, and hospital insurance. This contract yearly service fee may increase by as much as 5% every anniversary. We also reserve the exclusive right to make additional adjustment to the price of our service under this agreement in the event the equipment covered by this agreement is modified from a party other than us. Early Payment Discount. You may elect to pay in advance for Twelve (12) months of service described in this agreement. Such a prepayment entitles you to a 5% discount from the annual price in effect at the time of payment. OVERDUE INVOICES. If you do not pay any sum due to LEGEND-LIFTS related to your equipment described in this agreement, regardless of whether it is billed pursuant to this agreement or any other with us, within sixty (60) days from the billing date, we may also choose to suspend all service until all amounts due have been paid in full. If overdue invoices remain unpaid for one hundred twenty (120) days or more we may terminate our obligations under this agreement. If LEGEND-LIFTS elects to suspend service, we shall not be responsible for personal injury, death, damage to property (including damage to the equipment that is the subject matter of this agreement) or losses of any other type or kind that is in any way related the LEGEND-LIFTS suspension of service. Upon resumption of service, you will be responsible for payment to LEGEND-LIFTS for all costs we incur that result from our suspension of service and to remedy any damage caused to your equipment during that time. Time is of essence.
Annual Price Adjustments. 5.1 Price adjustments, if agreed to by the County, (whether an increase or decrease) will be based on the change in the Consumer Price Index for the preceding 12-months as calculated and published by the United States Department of Labor.
Annual Price Adjustments. Beginning January 1, 2020, the Per Call Pricing and Training Fees shall increase annually at a rate of two percent (2%) over the prior year pricing.
Annual Price Adjustments. The Price per Batch of Product as set forth in Appendix C shall be subject to increase annually by Brammer, based on the [**] period, provided that Brammer may not increase the Price per Batch of any Product prior to [**], and provided further that the maximum Price increase shall be [**].
Annual Price Adjustments. The fees for the Products listed in Exhibit C during any period following the first anniversary of this Agreement shall be determined in accordance with the following:
Annual Price Adjustments. OXB may increase the Batch Fee and/or Service Fees and its FTE rate annually with effect from [***], provided that any increase shall be not more than the lesser of (i) [***]during the previous [***] and (ii) [***]. OXB shall inform Client of any price adjustment in writing with [***] prior notice and any such increases shall not apply to any Work Order(s) executed prior to the date of such increase. If publication of the [***]ceases, or if the [***]otherwise becomes unavailable or is altered in such a way as to be unusable, the Parties shall agree on the use of an appropriate substitute [***].
Annual Price Adjustments. Patheon may adjust the Price effective January 1st of each Year following the first full Year for inflation in accordance with Appendix 4. For all Price adjustments under this Section 4.2, Patheon will deliver to Client on or about October 1 but no later than December 1 of each Year (unless otherwise agreed in writing) a letter stating the adjusted Pricing to be effective for Product to be delivered on or after January 1 of the next Year [***]. If Patheon makes or has made an adjustment to the Price arising from an extraordinary increase in Component cost under Section 4.3(a) below during the past Year, only the remaining portion of the Price (i.e., an amount equal to the Price minus the cost of Component) may be adjusted for inflation in accordance with Appendix 4. Any omitted adjustment in a Year does not waive Patheon’s right to apply that adjustment cumulatively with the next permitted adjustment.
