GENERAL PRINCIPLES PRINCIPLES Sample Clauses

GENERAL PRINCIPLES PRINCIPLES. The principles which underpin the calculation of Charges are that Charges should, as far as practicable:
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GENERAL PRINCIPLES PRINCIPLES. ‌ 1. The principles which underpin the calculation of Charges are that Charges should, as far as practicable: i. take account of the DCC Objectives and seek to give the fullest possible effect to the DCC Objectives; ii. be clear, well-defined, unambiguous and straight-forward to administer; iii. be based on incurred costs of delivering individual services and support a sustainable funding model over the life of the contract; iv. be flexible to adapt to future changes in service levels and capability. 2. Any future changes to the Charges as well as the pricing of any future services, through the mechanisms detailed below, shall be tested by the DCC against the principles set out in paragraph 1. 3. All Charges shown in this Schedule are exclusive of VAT. Unless and to the extent expressly set out in this Schedule 7.1, neither the Charges nor any other costs, expenses, fees or charges shall be adjusted to take into account inflation, change in exchange rate, change to interest rate or any other factor or element which might otherwise increase the cost to the Contractor of the performance of their obligations. 4. Where any Charge or limit which is expressed in this Schedule in monthly terms (“monthly” and “month” both referring to calendar months) applies for any reason for part of a month, rather than a whole month, the Charge or limit for such part of a month shall be pro-rated in proportion to the ratio of the days of the month during which the Charges or limit applies to the overall number of days in the month and any remaining days of the month may either have no or different Charges applied to them on a similar pro-rated basis, as the case may be.
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