Price Indexation Sample Clauses

A price indexation clause adjusts the contract price in line with changes in a specified economic index, such as inflation or commodity prices. Typically, this means that payments or fees under the contract will increase or decrease periodically based on movements in the chosen index, ensuring that the contract value remains aligned with market conditions. The core function of this clause is to protect both parties from the risks associated with fluctuating prices over time, ensuring fairness and predictability in long-term agreements.
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Price Indexation. Minimum Transportation Charge
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Price Indexation. Philips reserves the right to adjust customer list pricing and (or) net pricing, during the Term of the agreement in accordance with the Consumer Price Index published by the United States Department of Labor on its website at ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇/cpi. Such adjustment in pricing requires thirty (30) day written notice, will not be retroactive, cannot start before first year of contract, and will not exceed more than five percent (5%) change annually.
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Price Indexation. 14.1 Annual contributions under this agreement shall be as decided in the 2016 National Budget and shall be adjusted annually in accordance with price indexations applied in each annual National Budget. Where the average value of the consumer price index (the annual mean) differs from the reference value used in the National Budget for the year in question, a correction shall be applied in the National Budget for the following year.
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Price Indexation. 1. The service provider is entitled to increase its rates annually in accordance with the consumer price index (CPI) for all households.
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Price Indexation. 9.1 Every year FS will determine any change in the price of the components for maintenance, repairs and maintenance and replacement of tyres on the basis of data from Statistics Netherlands. This will be communicated to the Client every December and reflected in the monthly instalment.
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Price Indexation. Every three months (quarterly) since the start date of the Agreement, the Licensor is authorized to modify their fees – if needed in retrospect – every quarter in accordance with the consumer price index (CPI) as published by the Central Bureau of Statistics (CBS). The series 2015=100 will be used, unless the Licensor chooses a more recent series. The changed price is equal to the applicable price of the previous quarter, multiplied by the index figure of the current quarter.
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Price Indexation. 9.1 Each year FS will determine on the basis of the information from the CBS whether the prices of the components Maintenance, Repair and Maintenance and/or Replacement of Tyres must be adjusted. FS will notify the Client of the adjusted price each year in December and include it in the monthly payment.
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Price Indexation. NORNORM reserves the right to adjust the monthly subscription fee annually based on price indexation. The monthly subscription fee will be indexed by multiplying the current monthly subscription fee with the annual average HICP index of the previous year (HICP index for EU, including all member states, published by Eurostat). The annual price indexation is capped at a maximum of 3% (three percent). The pricing shall not be adjusted if the adjustment of the pricing will result in pricing that is less than the most recently prevailing pricing, independent of the applicable HICP index. Any price indexation is communicated on the February invoice and effective retroactively from January 1st.
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Related to Price Indexation

  • Consumer If You are a consumer (defined by the FCA as any natural person acting for purposes outside his trade, business or profession), You must use reasonable care not to make a misrepresentation to insurers (which includes a failure to comply with the insurer’s request to confirm or amend particulars previously given). Failure to comply with this duty may mean that the policy is void and the insurer may not be liable to pay all or some of Your claim(s).

  • Wage Scales All workers covered by this Agreement shall be classified and paid in accordance with the classification and wage scales as attached as Appendices "A" and forming part of this Agreement.

  • Wage Adjustments If the funding available to be used for wages provided by Government in any fiscal year increases, the Employer shall pass on such increases to employees consistent with the funding increase adjusted for any additional deficits that this contract incurs. This will be the case whether the funding increase is for the entire year or simply a portion of it, and wage increases shall be effective upon the effective date of the increased funding. Should there be no increase provided by Government, wages will be maintained at their present levels. Should there be a decrease in funding, then the Employer will maintain wages at present levels. The Employer will promptly provide the Union with any information it receives from the Government regarding funding available for wages, and the parties will meet as required to work towards cooperative resolution of any issues arising from this Government information.