% or More Surcharge Sample Clauses

% or More Surcharge. In the event any Surcharge results in an increase of fifteen percent (15%) or more in the applicable Fee(s) under the applicable Agreement, then in accordance with Section 5.5(b), Provider shall notify Customer of the amount of the Surcharge required to reimburse Provider for its costs, plus interest and carrying costs, together with reasonable supporting detail for the nature and amount of any such Surcharge. (i) If within thirty (30) Days after Provider’s notification provided in this Section 5.5(d), Customer notifies Provider that it does not agree to pay such Surcharge, Provider may elect to either: (A) require Customer to pay such Surcharge, up to a fifteen percent (15%) increase in the applicable Fee(s) under the applicable agreement in the aggregate; or (B) terminate the service(s) under this Agreement to which the Surcharge applies, upon notice to Customer. (ii) Provider’s performance obligations under this Agreement shall be suspended or reduced during the above thirty (30) Day period to the extent that Provider would be obligated to make such expenditures in order to continue performance during such period.
Sample 1
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Related to % or More Surcharge

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