Modification of Rates. Reserved for future use.
Modification of Rates. Base Rates charged by Contractor for services will remain fixed and will not be adjusted until October 1, 2025. Commencing on October 1, 2025, and continuing annually on the first day of each Contract Year thereafter, Contractor may adjust the Base Rates (each an “Annual Adjustment”), subject to the following:
(a) Not later than the later of (i) July 1st prior to the effective date of the Annual Adjustment, and (ii) the fifth (5th) business day after publication of the CPI described in Section 3.2(b)(1), below, Contractor must provide City written notice of the new schedule of Base Rates for the immediately following Contract Year based on the Annual Adjustment, which notice must include a copy of the new Base Rates schedule (the “Adjustment Notice”);
(b) Each Annual Adjustment shall not result in an increase in the Base Rates exceeding the lesser of:
(1) The percentage increase in the CPI for the twelve-month period ending on the May 31st immediately prior to the effective date of the Annual Adjustment; and
(2) Five Percent (5%) of the then current Base Rates.
(c) If the percentage change in the CPI for the twelve-month period ending on the May 31st before the effective date of the Annual Adjustment would result in a decrease in the Base Rates, the Base Rates shall remain unchanged for the immediately following Contract Year.
(d) If Contractor fails to timely deliver the Adjustment Notice as provided in Section 3.2(a), the Base Rates shall not be adjusted for the immediately following Contract Year; and
(e) If no Annual Adjustment is applied to a Contract Year following Contractor’s failure to timely deliver an Adjustment Notice to City, the Annual Adjustment for the following Contract Year shall continue to be based on the percentage change in CPI for the twelve- month period ending on the May 31st prior to the first day of the next Contract Year (i.e., there is not “catch-up” for the missed increase).
Modification of Rates. Base Rate adjustments for changes in the Consumer Price Index (CPI) will be considered by the City no more than once per year during the renewal term of the Contract, during the month of October of each Contract Year.
Modification of Rates. The LATA-wide Additive reflected in Attachment B-1 for Type 1 and Type 2A rates is intended to compensate BellSouth for additional transport and other costs associated with transporting and terminating Local Traffic throughout a LATA instead of only within local calling areas as defined by the Commission as of the Effective Date. From the Effective Date until the expiration or termination of the Agreement, the LATA-wide Additive shall be the rate per minute in each state as set forth in Attachment B-1 (Amended). The parties shall make the adjustment, or "true-up" described in the original Section V of the Agreement for the purpose of applying the final LATA-wide Additive back to the Effective Date of the Agreement.
Modification of Rates. Rates for the term of this Agreement will remain in effect, provided there is no material change to the Benefit Contracts, the enrollment, or any other risk factor, as determined by Florida Blue. Upon renewal, a new Agreement outlining the terms and conditions will be prepared and presented to the Group. All other provisions of this Agreement shall remain in effect without modification.
Modification of Rates. 14 3.05. Carrying Charges ........................................... 14 (a) Billing ................................................ 14 (b) Payment Required as a Condition of Delivery ............ 14 3.06. Finance Charges ............................................ 14 3.07. Payment for Processed Tobacco .............................. 15 3.08. Release of Security Agreements ............................. 15
Modification of Rates. Lancaster reserves the right from time to time to modify and increase its processing rates and service fees and charges, if Lancaster's costs with respect to purchasing, storing, transporting, insuring, processing, or otherwise dealing with Tobacco, or with respect to Lancaster's plant and employees, increase; provided, however, that Lancaster will not increase its charges to the Company unless Lancaster increases or seeks to increase its charges, in general, to substantially all of its customers. Any increase in charges shall be effective as of the effective date announced by Lancaster, and will be reflected in an amended Schedule I hereto.
Modification of Rates. COLLECTION OF PAST DUE AMOUNTS
Modification of Rates. The rate schedule specified in this contract shall be subject to successive modification by the United States through the promulgation of superseding rate schedules. If at any time the United States promulgates a rate schedule superseding the rate schedule then in effect under this contract, it will promptly notify the Contractor thereof. Said superseding rate schedule, as of its effective date, shall become effective as to this contract unless the Contractor, by notice in writing given to the contracting officer within 180 days after notice to it by the United States of promulgation of said superseding rate schedule, shall elect to terminate this contract effective as of such date not more than three (3) years subsequent thereto as the Contractor shall therein specify. In the event of such termination, said superseding rate schedule shall not be effective during the period of the remaining unexpired term of this contract or during a period of two years from the date of notice to the Contractor of the promulgation of said superseding rate schedule, whichever period is shorter.
Modification of Rates. At least 30 days advance notice will be given to families prior to any rate changes.
