Extension Rates and Terms Sample Clauses

Extension Rates and Terms. For any extension beyond the Initial Term, Contractor shall be compensated at the rates in effect when the extension was invoked by County, unless otherwise expressly stated in Exhibit B. Contractor shall continue to provide the Services upon the same terms and conditions as set forth in this Agreement for such extended period.
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Extension Rates and Terms. All prices for the Initial Term shall remain fixed in accordance with the pricing stated in Exhibit B. After the completion of the Initial Term, Contractor may request a price increase for any applicable Extension Term. This request must be in writing and submitted to the Contract Administrator at least ninety (90) days prior to the start of the next Extension Term, accompanied by documentation to substantiate the need for the price increase. The Contract Administrator, in its sole discretion, will determine if the requested adjustment is in the best interest of the County. Any approved price adjustment (increased or decreased, as applicable) will be consistent with the Miami-Ft. Lauderdale Consumer Price Index for all Urban Consumers (“CPI-U”). The Contract Administrator may also initiate a price increase or decrease consistent with the CPI-U. The increase or decrease in CPI shall be calculated as follows: the difference of the CPI current period less the CPI previous period, divided by the CPI previous period, times 100. The CPI current period shall mean the most recent published monthly index prior to contract anniversary. The CPI previous period shall mean for the same month of the prior year. All CPI indices shall be obtained from the U.S. Department of Labor table for Consumer Price Index - All Urban Consumers for Miami-Fort Lauderdale-West Palm Beach, All Items (1982- 84=100), not seasonally adjusted, as promulgated by the Bureau of Legal Statistics of the U.S. Department of Labor, as amended or replaced by the agency or, if no such index shall be published, such similar index reasonably designated by County. The contract price adjustment for any year shall not exceed a maximum change of three percent (3%). Hourly rate prices, terms, and conditions included in Exhibit B-1, Pricing for Non-Covered Planned Services, are not eligible for the price adjustment described above. However, ninety (90) days prior to the start of the next Extension Term, the parties may negotiate the terms for Services described in Exhibit B-1, Pricing for Non-Covered Planned Services, for that Extension Term. The starting point for this negotiation will be the current published Contractor rates at the time multiplied by a 0.85 multiplier (a 15% discount). The negotiated hourly rates for any Extension Term shall be adjusted according to the parties' negotiation. Written notification will be sent to Contractor by the Contract Administrator of the decision to accept or decline a...
Sample 1
Extension Rates and Terms. All prices, terms, and conditions for the initial Agreement term shall remain fixed in accordance with the price sheet in Exhibit B. One Hundred Twenty (120) days prior to expiration of the initial Agreement term and each renewal period, if any, Contractor may request a price adjustment up to the maximum rate reflected in the change in the Employment Cost Index (“ECI”) as defined below. County Purchasing Director, in his or her sole discretion, will determine if the requested adjustment is in the best interest of County, based upon current market conditions and information regarding similar services in the area. The adjusted Agreement unit prices shall be determined as follows: multiply the maximum percentage adjustment approved by County Purchasing Director (increase or decrease) and accepted by Contractor by the total labor cost (seventy (70%) percent of the Agreement unit prices) to determine the adjusted labor cost component of the Agreement unit prices; add the resulting labor component to the non-labor component (thirty (30%) percent of the initial term unit prices) to determine the adjusted renewal term unit prices to be used for the renewal period.
Sample 1
Extension Rates and Terms. For any extension beyond the Initial Term, Third Party Administrator shall be compensated at the rates in effect when the extension was invoked by County, unless otherwise expressly stated in Exhibit B. Third Party Administrator shall continue to provide the Services upon the same terms and conditions as set forth in this Agreement for such extended period.
Sample 1
Extension Rates and Terms. For any extension beyond the Initial Term, Xxxxxxxx shall be compensated at the rates set forth in Exhibit X. Xxxxxxxx shall‌ continue to provide the Services upon the same terms and conditions as set forth in this Agreement for such extended period.‌
Sample 1
Extension Rates and Terms. For any extension beyond the Initial Term, Xxxxxxxxxx shall be compensated at the rates in effect when the extension was invoked by the HFA. Xxxxxxxxxx shall continue to provide the Services upon the same terms and conditions as set forth in this Agreement for such extended period, subject to the increase in monthly fees set forth in Section 5.5, if applicable.
Sample 1
Extension Rates and Terms. For any extension beyond the Initial Term, Consultant shall be compensated at the rates in effect when the extension was invoked by County, unless otherwise expressly stated in Exhibit B. Consultant shall continue to provide the Services upon the same terms and conditions as set forth in this Agreement for such extended period.
Sample 1
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Related to Extension Rates and Terms

  • PRICES AND TERMS Price Structure Standard Product: all Participating Consumers are enrolled in this option unless they opt out. This product includes the statutory mix plus voluntary RECs to bring total mix to % Green. Optional Greener Products: to enroll in this option participant must affirmatively opt in. This product includes the statutory mix plus voluntary RECs equal to % of the load plus RECs to bring total mix to % Green Optional Least Expensive Product: to enroll in this option participant must affirmatively opt in. This product includes the statutory mix, no additional voluntary RECs. Terms for System Supply Service Renewable Energy in System Supply:

  • Effective Date and Term The amendments to the Contract as set out in this Supplemental Agreement shall have effect from the Effective Date and shall cease to have effect on the Expiry Date or earlier termination of the Contract.

  • Effective Date and Term of Agreement This Agreement is effective and binding on the Company and Employee as of the date hereof; provided, however, that, subject to Section 2(d), the provisions of Sections 3 and 4 shall become operative only upon the Change in Control Date.

  • Definitions and Terms Term Definition

  • Extended Terms Tenant shall have the right to extend the Term for up to five (5) consecutive renewal terms of ten (10) years each (each, an “Extended Term”), provided that (unless Landlord shall elect in its sole discretion to waive any such condition), at the time Tenant exercises a right to extend the Term, (a) no Event of Default shall have occurred and be continuing and (b) on the date of the exercise of the extension option and on the first day of each such Extended Term, there shall be a Guaranty in favor of Landlord from a Qualifying Guarantor which shall either meet the standard in clause (a) or (c) of the definition of Qualifying Guarantor or shall provide Landlord with the audited financial statement described in the last paragraph of the definition of Qualifying Guarantor to establish that it meets the criteria in clause (b) thereof to be a Qualifying Guarantor, even if such Entity is a BP Affiliate. All of the terms, covenants and provisions of this Agreement shall apply to each Extended Term (including, but without limitation, the two percent annual Minimum Rent increases provided in the definition of Minimum Rent), except that Tenant shall have no right to extend the Term beyond the expiration of the fifth Extended Term. If Tenant shall elect to exercise its option to extend the Term for any Extended Term, it shall do so by giving Landlord Notice thereof not later than eighteen (18) months prior to the commencement of the applicable Extended Term, it being understood and agreed that time shall be of the essence with respect to the giving of any such Notice. If Tenant shall fail to give any such Notice, this Agreement shall automatically terminate at the end of the Fixed Term or the applicable Extended Term, and Tenant shall have no further option to extend the Term of this Agreement. If Tenant shall give such Notice, the extension of this Agreement shall be automatically effected without the execution of any additional documents; it being understood and agreed, however, that Tenant and Landlord shall execute such documents and agreements as either party shall reasonably require to evidence the same.

  • Commencement Date and Term 1.1 This Agreement shall come into force on [insert date] (the “Commencement Date”) and, subject to paragraph 1.2 below, shall continue in full force and effect until [insert date] OR [until all Services have been completed and all Deliverables have been delivered to the British Council’s satisfaction as set out in Schedule 2 (Terms of Reference)] (the “Term”). 1.2 Notwithstanding anything to the contrary elsewhere in this Agreement, the British Council shall be entitled to terminate this Agreement by serving not less than [insert number of days] days’ written notice on the Supplier.

  • Definitions of Words and Terms Capitalized words used in this Agreement which are not otherwise defined herein shall have the meanings set forth in the Annex of Definitions attached hereto.

  • Amounts and Terms of Commitments (a) The Term Credit. Each Bank severally agrees, on the terms and conditions set forth herein, to make a single loan to the Company (each such loan, a "Term Loan") on the Closing Date in a principal amount not to exceed such Bank's Pro Rata Share of the Term Commitment. Amounts borrowed as Term Loans which are repaid or prepaid by the Company may not be reborrowed. Term Loans shall be denominated in Dollars and shall not be available in, or convertible into, Offshore Currencies. (b) The Revolving Credit. Each Bank severally agrees, on the terms and conditions set forth herein, to make loans to the Borrowers (each such loan, a "Revolving Loan") from time to time on any Business Day during the period from the Closing Date to the Revolving Termination Date, in an aggregate principal Dollar Equivalent amount not to exceed at any time outstanding, together with the principal amount of Term Loans outstanding in favor of such Bank at such time, the amount set forth on Schedule 2.01 under the heading "Commitment" (such amount, together with such Bank's Pro Rata Share of the Term Commitment, as the same may be reduced under Section 2.08 or as a result of one or more assignments under Section 11.08, the Bank's "Commitment"); provided, however, that, after giving effect to any Committed Borrowing of Revolving Loans, the Effective Amount of all outstanding Revolving Loans, Term Loans, Bid Loans and L/C Obligations shall not at any time exceed the combined Commitments; and provided further that, (i) after giving effect to any Borrowing of Offshore Currency Loans, the aggregate principal Dollar Equivalent amount of all Offshore Currency Loans shall not exceed the Offshore Currency Loan Sublimit, and (ii) the Effective Amount of the Revolving Loans and Term Loans of any Bank plus the participation of such Bank in the Effective Amount of all L/C Obligations shall not exceed such Bank's Commitment. Within the limits of each Bank's Commitment, and subject to the other terms and conditions hereof, the Borrowers may borrow under this subsection 2.01(b), prepay under Section 2.09 and reborrow under this subsection 2.01(b).

  • Prices and Terms of Payment 3.1 The Total Purchase Price (inclusive of any tax payable) shall be paid in accordance with the payment schedule set forth in Appendix B of this Agreement. 3.2 In the event that the Purchaser fails to fully settle the respective percentage of the Total Purchase Price before the prescribed deadlines and fails to make a written request to Bitmain no less than 5 business days prior to the prescribed deadline and obtain Bitmain’s written consent, Bitmain shall be entitled to terminate this Agreement and the Purchase shall be liable for a reasonable liquidated damage (not a penalty) of [20]% of the purchase price of such batch of Products. If there are any remaining balance after deducting the liquidated damage, such remaining balance shall be refunded to the Purchase free of any interest. If the Purchaser fails to pay the down payment on a timely basis and Bitmain has arranged production or procurement, Bitmain shall be entitled to request the Purchaser to be responsible for the loss related to such production or procurement. 3.3 The Parties understand and agree that the applicable prices of the Product(s) are inclusive of applicable bank transaction fee, but are exclusive of any and all applicable import duties, taxes and governmental charges. The Purchaser shall pay or reimburse Bitmain for all taxes levied on or assessed against the amounts payable hereunder. If any payment is subject to withholding, the Purchaser shall pay such additional amounts as necessary, to ensure that Bitmain receives the full amount it would have received had payment not been subject to such withholding.

  • Amended Terms On and after the Amendment Effective Date, all references to the Credit Agreement in each of the Loan Documents shall hereafter mean the Credit Agreement as amended by this Amendment. Except as specifically amended hereby or otherwise agreed, the Credit Agreement is hereby ratified and confirmed and shall remain in full force and effect according to its terms.

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