Common use of Price Cap Changes Clause in Contracts

Price Cap Changes. (a) Prior to 31 December 2019, if the LFC is considering proposing to CFH that there should be an increase in a Price Cap for a Base Wholesale Service (other than the Central Office and POI Co-location Service), it must first complete consultation in accordance with clause 24.7 and obtain approval of the Change Management Forum in accordance with clause 25.3 before submitting its proposal (Price Cap Proposal) to CFH for its approval. (b) The LFC will promptly notify the Service Provider if it submits a Price Cap Proposal to CFH for approval (and in any event will so do within five (5) Business Days of making a submission).

Appears in 6 contracts

Samples: Ufb Services Agreement, Ufb Services Agreement, Ufb Services Agreement

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