Common use of Authorized Changes to Rates To DIR and Prices Clause in Contracts

Authorized Changes to Rates To DIR and Prices. Vendor may propose changes to the Rates to DIR and/or the Prices for direct sales trans- actions by offering to lower the amounts set forth in Exhibit C. Vendor must identify the Service and the specific Rate(s) or Price to be lowered. DIR shall have a reasonable time to review and determine, in its sole and absolute discretion, that the changed value in ei- ther the Rate To DIR or the resulting Price for direct sales transaction Services to the Cus- tomer is a best value. If DIR approves the change in the Rate to DIR and or Price, the Par- ties shall agree to the manner of documenting the new Rate and/or Price. The Parties agree to make such new Rates to DIR and/or Prices available to Customers as quickly as possible. Vendor initiated Point of Presence location changes that have an adverse effect on Rates to DIR and/or Prices to direct sales transaction Customers must be authorized by an amendment to the CTSA before the new Rates to DIR and/or Prices to direct sales transaction Customers may be billed. During the Term, DIR may transition its amendment process to a fully automated system. Vendor shall cooperate with DIR to transition its change process for Rates To DIR and/or Prices to a new automated system. The Parties shall mutually agree to an amendment process.

Authorized Changes to Rates To DIR and Prices. Vendor may propose changes to the Rates to DIR and/or the Prices for direct sales trans- actions by offering to lower the amounts set forth in Exhibit C. Vendor must identify the Service and the specific Rate(s) or Price to be lowered. DIR shall have a reasonable time to review and determine, in its sole and absolute discretion, that the changed value in ei- ther the Rate To to DIR or the resulting Price for direct sales transaction Services to the Cus- tomer is a best value. If DIR approves the change in the Rate to DIR and or Price, the Par- ties shall agree to the manner of in documenting the new Rate and/or Price. The Parties agree to make such new Rates to DIR and/or Prices available to Customers as quickly as possible. Vendor initiated Point of Presence location changes that have an adverse effect on Rates to DIR and/or Prices to direct sales transaction Customers must be authorized by an amendment to the CTSA before the new Rates to DIR and/or Prices to direct sales transaction Customers may be billed. During the Term, DIR may transition its amendment process to a fully automated system. Vendor shall cooperate with DIR to transition its change process for Rates To DIR and/or Prices to a new automated system. The Parties shall mutually agree to an amendment process.