Common use of Frequency of Price changes Clause in Contracts

Frequency of Price changes. Unless otherwise agreed with the Retailer, the Distributor may not change its Prices more than once in any period of 12 consecutive months unless a change is a material increase to 1 or more existing Prices and results from a change in: (a) a cost that is a pass-through cost or a recoverable cost specified in a determination of an input methodology by the Commerce Commission under Part 4 of the Commerce Xxx 0000 in respect of the services provided by the Distributor; (b) the Distributor providing new Distribution Services or materially changing existing Distribution Services, provided that any proposed Price change must only apply to ICPs affected by the new or changed Distribution Services; or

Frequency of Price changes. Unless otherwise agreed with the Retailer, the Distributor may not change its Prices more than once in any period of 12 consecutive months unless a change is a material increase to 1 or more existing Prices and results from a change in: (a) a cost that is a pass-through cost or a recoverable cost specified in a determination of an input methodology by the Commerce Commission under Part 4 of the Commerce Xxx 0000 Act 1986 in respect of the services provided by the Distributor; (b) the Distributor providing new Distribution Services or materially changing existing Distribution Services, provided that any proposed Price change must only apply to ICPs affected by the new or changed Distribution Services; or