Fee Adjustments Sample Clauses
The Fee Adjustments clause defines how and when the fees specified in an agreement may be changed during the contract term. Typically, this clause outlines the conditions under which fees can be increased or decreased, such as changes in scope of work, inflation, or regulatory requirements, and may require advance notice to the other party. Its core practical function is to provide a clear mechanism for modifying payment terms, thereby reducing disputes and ensuring both parties understand how financial changes will be handled.
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Fee Adjustments. The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the 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, since such one-year anniversary or since the date of the last fee increase, as applicable.
Fee Adjustments. Fee may be amended from time to time by agreement between the Licensor and Licensee. Adjustments to the Fee may also occur as a result of clauses elsewhere in the License Agreement and shall be made at the time of annual invoicing within a term, or at renewal or termination.
Fee Adjustments. The monthly operating fee set forth in sub-section (a) above may in the following manner be adjusted annually as of the first day of January (the "Adjustment Date") each year beginning January l, 2005. Such adjustment, if any, shall not exceed the percentage increase in the average weekly earnings of "Crude Petroleum, Natural Gas, and Natural Gas Liquids" workers, as published by the U.S. Department of Labor, Bureau of Labor Statistics, and shown in Employment and Earnings Publication, Monthly Establishment Data, Hours and Earning Statistical Table C-2, Index Average Weekly Earnings of "Crude Petroleum, Natural Gas, and Natural Gas Liquids" workers, SIC Code #131-2, or any successor index thereto, since January l, 2002, in the case of the first adjustment, and since the previous Adjustment Date, in the case of each subsequent adjustment.
Fee Adjustments. In the event that the Practice finds it necessary to increase or adjust monthly fees before the termination of the Agreement, Practice shall give Patients 30 days’ written notice of any adjustment and if Patient does not consent to the modification, Patient shall terminate the Agreement in writing prior to the next scheduled monthly payment. Practice and Patient my give notice through first class US mail or by Email to the address as provided by the Party to be notified.
Fee Adjustments. At any time more than thirty calendar days before the end of the Initial Term or a Renewal Term, We may notify You that the License Fee will change in the next Renewal Term. You will then have the option to terminate your subscription(s), but your subscription(s) will remain in effect unless and until you terminate. If you do not terminate, you will be deemed to have agreed to our changed License Fee.
Fee Adjustments. The fixed fees and other fees expressed as stated dollar amounts in this Schedule C and in this Agreement are subject to annual increases, commencing on the one-year anniversary date of the date of this Agreement, in an amount equal to the 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, since such one-year anniversary or since the date of the last fee increase, as applicable.
1. Wholesaling Personnel Services Wholesaling Personnel may be external wholesalers and/or internal wholesalers. Services include soliciting support of the Funds with selling broker dealers; participating in promotional meetings, presentations, conferences and other and forums; identifying high potential personnel of the Adviser and selling broker dealers; and assisting with mail solicitations and literature fulfillment. Wholesaling Personnel Services Fees For each individual constituting the Wholesaling Personnel employed by the Distributor pursuant to this Agreement, the Distributor shall receive annually an amount equal to the sum of: (i) all compensation paid annually by the Distributor to the employee; plus (ii) a management oversight fee equal to: (a) if one to four Wholesaling Personnel are employed, 30% of the salary compensation and 5% of the bonus or commission compensation, or (b) if five or more Wholesaling Personnel are employed, 25% of the salary compensation and 5% of the bonus or commission compensation; plus (iii) 18% of the total compensation (covering costs of the Distributor’s employee benefits that are provided by the Distributor). In addition, the Distributor shall be reimbursed for all related costs to support, educate and train and maintain compliance oversight of Wholesaling Personnel and other personnel such as sales management, marketing and performance reporting personnel (including time and expenses, continuing education, seminars, rent, supplies, phone, computers, firm element, license, registration) Upon any termination of Wholesaling Personnel at the request of the Funds or upon termination of this Agreement by the Funds for any reason other than cause, the Distributor will be reimbursed its severance costs with respect to such terminated Wholesaling Personnel.
Fee Adjustments. 2.1 Any request for a fee adjustment must be submitted sixty (60) days prior to the current Contract expiration date. Requests for adjustment in cost of labor and/or materials must be supported by appropriate documentation. If County agrees to the adjusted fee, County shall issue written approval of the change. The reasonableness of the request will be determined by comparing the request with the (Consumer Price Index) or by performing a market survey.
Fee Adjustments. If Customer gives written notice subscribing for an additional Standard Sandbox, Performance Sandbox, and/or Monthly Price Evaluations, PROS will invoice a prorated portion of the applicable annual fee proportional to the remainder of the then-current year of the Initial Subscription Term. Thereafter, such additional annual fee will be added to the annual Subscription fees invoiced in advance of each subsequent year of the Subscription Term.
Fee Adjustments. Fees may be adjusted upon the effective date of an increase or decrease in employee wages, payroll taxes or employee benefit program charges. Client understands and acknowledges that PEO’s costs for such services provided may be greater or less than the amounts actually charged to Client. For administrative fees, Client acknowledges that PEO may propose modifications by written notice to Client given at least 30 days prior to any effective modification date. The Fee Adjustments will automatically become effective on such modification date unless Client gives written notice to PEO rejecting the proposed Fee Adjustments within ten (10) business days after receiving the proposed Fee Adjustments from PEO. If Client rejects the proposed Fee Adjustments, PEO may elect to terminate this Agreement by giving 30 days written notice to Client. This paragraph shall not limit any other termination or other right of PEO under this Agreement.
Fee Adjustments. Any fee adjustments for reasons described elsewhere in this Agreement will be determined based on the actual time expended by PM staff at PM’s current hourly rates, plus all reasonable and necessary travel and out-of-pocket costs incurred, and included as an adjustment to PM’s invoices related to this engagement. Client acknowledges and agrees that payment for all such fee adjustments will be made in accordance with the payment terms provided in this Agreement.