Common use of Fees and Pricing Clause in Contracts

Fees and Pricing. Merchant and Givex agree to the fees and pricing for the GivexPay Services as set forth in the Acceptance Form and Order Form (if applicable). Without limiting any other rights of Givex, beginning on the one year anniversary following the earlier of the signature date or the Effective Date, Givex shall have a right to increase the aggregate fees payable by Merchant by an amount equal to the greater of (i) the average annual change (expressed as a percentage) for the prior calendar year in the Consumer Price Index for All Urban Consumers - All Items (seasonally unadjusted) (collectively the “CPI-U”) plus 1%, or (ii) 4%.

Appears in 2 contracts

Samples: Givexpay Merchant Agreement, Merchant Agreement

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Fees and Pricing. Merchant and Givex agree to the fees and pricing for the GivexPay Services as set forth in the Acceptance Form and Order Form (if applicable). Without limiting any other rights of Givex, beginning on the one year anniversary following the earlier of the signature date or the Effective Date, Givex shall have a right to increase the aggregate fees payable by Merchant by an amount equal to the greater of (i) the average annual change (expressed as a percentage) for the prior calendar year in the Consumer Price Index for All Urban Consumers - All Items (seasonally unadjusted) (collectively the “CPI-U”) plus 1%, or (ii) 4%.

Appears in 2 contracts

Samples: Merchant Agreement, Merchant Agreement

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