Common use of Billable Rate Changes Clause in Contracts

Billable Rate Changes. a. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Thornton written notice a minimum of sixty (60) Calendar Days before the upcoming term. b. Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Thornton. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by Thornton.

Appears in 4 contracts

Samples: General Services Agreement, General Service Agreement, General Service Agreement

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Billable Rate Changes. a. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Thornton written notice a minimum of sixty (60) Calendar Days before the upcoming term. b. . Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Thornton. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by Thornton.

Appears in 3 contracts

Samples: General Service Agreement, General Service Agreement, General Service Agreement

Billable Rate Changes. a. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Thornton Xxxxxxxx written notice a minimum of sixty (60) Calendar Days before the upcoming term. b. . Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by ThorntonXxxxxxxx. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by ThorntonXxxxxxxx.

Appears in 2 contracts

Samples: General Service Agreement, General Service Agreement

Billable Rate Changes. a. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Thornton Xxxxxxxx written notice a minimum of sixty (60) Calendar Days before the upcoming term. b. Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by Thornton. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by ThorntonXxxxxxxx.

Appears in 1 contract

Samples: General Service Agreement

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Billable Rate Changes. a. The billable hourly rates shall remain fixed for, at a minimum, the initial twelve (12) month term, or the first anniversary of the Agreement, whichever one applies (“First Term”). Service Provider may request an increase to the Billable Rate after the First Term and any subsequent Term provided Service Provider gives Thornton Xxxxxxxx written notice a minimum of sixty (60) Calendar Days before the upcoming term. b. Under no circumstances shall any billable hourly rate increase exceed the inflation rate based on the Denver-Aurora-Lakewood Consumer Price Index and published by the Bureau of Labor Statistics or as agreed to in writing by ThorntonXxxxxxxx. The revised Billable Rate shall only be effective by written Amendment of this Agreement executed by ThorntonXxxxxxxx.

Appears in 1 contract

Samples: General Service Agreement

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