Common use of Fluctuations Clause in Contracts

Fluctuations. Where the cost to SILVERSANDS of undertaking the supply has increased for whatever reason since the date of quotation for the supply (or in the absence of a quotation since the date when the price for the supply was agreed) SILVERSANDS shall be entitled by notice in writing to the CLIENT to increase its price to cover such increase in cost. In addition (without limiting the foregoing):- ▪ the cost to SILVERSANDS of undertaking the supply shall be deemed expressly to include the cost of labour together with the cost of products; ▪ if the CLIENT shall require special testing facilities in the presence of SILVERSANDS or its representatives or on SILVERSANDS’ premises any additional expense shall be borne by the CLIENT; ▪ SILVERSANDS business includes the supply of goods and materials from outside the United Kingdom and any increase in cost due to devaluation of currencies or increase in any tax levy or impost will be passed on to the CLIENT, SILVERSANDS giving details of such increase in writing.

Fluctuations. Where the cost to SILVERSANDS of undertaking the supply has increased for whatever reason since the date of quotation for the supply (or in the absence of a quotation since the date when the price for the supply was agreed) SILVERSANDS shall be entitled by notice in writing to the CLIENT to increase its price to cover such increase in cost. In addition (without limiting the foregoing):- ▪ • the cost to SILVERSANDS of undertaking the supply shall be deemed expressly to include the cost of labour together with the cost of products; ▪ • if the CLIENT shall require special testing facilities in the presence of SILVERSANDS or its representatives or on SILVERSANDS’ premises any additional expense shall be borne by the CLIENT; ▪ • SILVERSANDS business includes the supply of goods and materials from outside the United Kingdom and any increase in cost due to devaluation of currencies or increase in any tax levy or impost will be passed on to the CLIENT, SILVERSANDS giving details of such increase in writing.

Fluctuations. Where the cost to SILVERSANDS of undertaking the supply has increased for whatever reason since the date of quotation for the supply (or in the absence of a quotation since the date when the price for the supply was agreed) SILVERSANDS shall be entitled by giving notice in writing to the CLIENT to increase its price to cover such increase in cost. In addition (without limiting the foregoing):- ▪ foregoing): • the cost to SILVERSANDS of undertaking the supply shall be deemed expressly to include the cost of labour together with the cost of products; ▪ • if the CLIENT shall require requires special testing facilities in the presence of SILVERSANDS or its representatives or on SILVERSANDS’ premises premises, any additional expense shall be borne by the CLIENT; ▪ • SILVERSANDS business includes the supply of goods and materials from outside the United Kingdom and any increase in cost due to devaluation of currencies or increase in any tax levy or impost will be passed on to the CLIENT, SILVERSANDS giving details of such increase in writing.