Periodic Adjustment. Beginning thirty (30) months after the Commencement Date, and every thirty (30) months thereafter, the then-payable Base Monthly Rent shall be increased by seven and 50/100 percent (7.50%).
Periodic Adjustment. Seller shall regularly monitor, evaluate, and adjust, as appropriate, its Security Plan in light of any relevant changes in applicable law and regulations, technology, the sensitivity of the Raytheon Data, internal or external threats to the Raytheon Data, requests from Raytheon, and Seller’s own changing business arrangements, such as mergers and acquisitions, alliances and joint ventures, outsourcing arrangements, and changes to information systems.
Periodic Adjustment. The rate of the royalty set forth in Section 8.1 of this Article shall be reviewed annually by the parties no later than 45 days following the end of each year to ensure that it continues to reflect the arm’s-length value of the rights granted to Licensee under the terms of this Agreement. If any change to the royalty rate is determined by the mutual agreement of the parties to be appropriate for this purpose, then an appropriate amendment to this Agreement shall be executed by the parties.
Periodic Adjustment. The royalty percentage may be reviewed periodically by the Parties to ensure that it continues to reflect the arm’s length value of the licenses and rights granted to Licensee under the terms of this Agreement.
Periodic Adjustment. The rate of the royalty set forth in Section 3.1 of this Article III may be reviewed periodically by the parties to provide that it continues to reflect the arm's-length value of the rights granted to Licensee under the terms of this Agreement. If any change to the royalty rate is determined by the mutual agreement of the parties to be appropriate for this purpose, then an appropriate amendment to this Agreement shall be executed by the parties, as provided in Section 9.4 of this Agreement. Such periodic adjustments may be retroactive, as determined jointly by the parties.
Periodic Adjustment. At the conclusion of each period of five (5) consecutive contract years under this Agreement (i.e. conclusion of contract years 5, 10, 15, 20, 25, 30, 35, 40, 45 and 50), Rent shall be increased seven percent (7%) and the adjusted Rent rate shall be in effect for the ensuing period of five (5) consecutive contract years.
Periodic Adjustment. At the conclusion of each period of five (5) consecutive contract years under this Agreement (i.e. conclusion of contract years 5, 10, 15, 20, 25, 30, 35, 40, 45, and 50), CAM Charges shall be increased seven percent (7%) and the adjusted CAM Charges shall be in effect for the ensuing period of five (5) consecutive contract years.
Periodic Adjustment. At the end of each calendar quarter, TDFS may evaluate the performance of the Program, including credit losses, the cost of funds, and overall Program profitability, and after discussion of the evaluation with Merchant, if there is an issue for which a mutually acceptable solution cannot be reached, then in that event TDFS may terminate or modify one or more of the applicable promotions or other Program features, or adjust one or more of the Processing Fee percentages, and this Agreement, where required, will be deemed amended accordingly. In the event that there is a termination, modification to a promotion(s) or other Program feature(s) or other adjustment(s) to Processing Fee percentages, TDFS shall provide Merchant with thirty (30) days notice prior to implementing said termination(s), modification(s) or adjustment(s). TDFS agrees that it will not terminate or modify promotions or other Program features or adjust the Processing Fee percentages at any time during the first Program Year, and in subsequent Program Years will not terminate or modify promotions or Program features (but may adjust Processing Fee percentages) between the dates of October 1 and the last calendar day in February.
Periodic Adjustment. By April 15th of each year/ every even-numbered year/ every third year, the parents shall exchange complete income information, including W-2 statements and all schedules. The parents shall also provide verification of the current child care and/or camp expenses, if applicable. The child support obligations shall be recalculated according to the formula set forth herein and the new child support obligation shall commence on May 1st.
Periodic Adjustment. For the first year following the Effective Date, within forty-five (45) days of the end of each quarter, WTP shall notify WTT of any difference between the then current Monthly Charge and the actual costs for the preceding quarter. If actual costs plus ten percent (10%) are greater than those that were used to calculate the Monthly Charge for the preceding quarter, WTP shall bill XXX for the difference. If the actual costs are less, WTP shall provide WTT with a credit for the difference. On each annual anniversary of the Effective Date WTP shall adjust the Monthly Charge to reflect any increase or decrease in the anticipated costs for the upcoming year. WTP shall notify WTT of the amount of any such adjustment no later than forty-five (45) days prior to such annual anniversary date. During the next twelve (12) months after such an adjustment, within forty-five (45) days of the end of each quarter, WTP shall notify WTT of any difference between the then current Monthly Charge and the actual costs for the preceding quarter. If actual costs are greater than those that were used to calculate the Monthly Charge for the preceding quarter, WTP shall bill XXX for the difference. If the actual costs are less, WTP shall provide WTT with a credit for the difference.
