Common use of Price and Term Clause in Contracts

Price and Term. In light of the modifications to Agreement set forth above, you agree to an additional price of $0 per month which will be billed to you separately from the price of the Agreement (the “TK Elevator Communications Services Charge”). The cost of your selected TK Elevator Communications Services is not subject to any discounts. Due to the changing nature of technology, TK Elevator reserves the right to annually increase the TK Elevator Communications Services Charge with such an annual increase not to exceed a total of five percent (5%) of the prior year’s

Appears in 6 contracts

Samples: Service Agreement, Maintenance Agreement, Maintenance Agreement

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