PRICE REGULATION PRINCIPLE Sample Clauses

PRICE REGULATION PRINCIPLE. Licensor endeavors to ensure that our prices are stable and competitive. The total annual price that the Licensee pays for the System can be adjusted by Licensor with 30 days' notice. Licensor undertakes that the maximum price adjustment is limited by the development in Statistics Denmark's net price index since the previous price regulation. The maximum percentage price adjustment is calculated as (New Index - Old Index)/Old Index * 100, where x Old Index is the net price index that was valid for the month when the latest price adjustment was announced x New Index is the latest published net price index at the time the price adjustment is announced It should be noted that the individual elements included in the Licensee's solution may be adjusted with a larger percentage, but the total annual price for the Licensee does not change by more than this calculated maximum.
Sample 1Sample 2
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PRICE REGULATION PRINCIPLE. VENTU endeavors to ensure that our prices are stable and competitive. The total annual price that the Licensee pays for the System can be adjusted by VENTU with 30 days' notice. VENTU undertakes that the maximum price adjustment is limited by the development in Statistics Denmark's net price index since the previous price regulation. The maximum percentage price adjustment is calculated as (New Index - Old Index)/Old Index * 100, where x Old Index is the net price index that was valid for the month when the latest price adjustment was announced x New Index is the latest published net price index at the time the price adjustment is announced It should be noted that the individual elements included in the Licensee's solution may be adjusted with a larger percentage, but the total annual price for the Licensee does not change by more than this calculated maximum.
Sample 1

Related to PRICE REGULATION PRINCIPLE

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  • Export Regulation You acknowledge that the Licensed Software and related technical data and services (collectively "Controlled Technology") are subject to the import and export laws of the United States, specifically the U.S. Export Administration Regulations (EAR), and the laws of any country where Controlled Technology is imported or re-exported. You agree to comply with all relevant laws and will not to export any Controlled Technology in contravention to U.S. law nor to any prohibited country, entity, or person for which an export license or other governmental approval is required. All Symantec products, including the Controlled Technology are prohibited for export or re-export to Cuba, North Korea, Iran, Syria and Sudan and to any country subject to relevant trade sanctions. You hereby agree that You will not export or sell any Controlled Technology for use in connection with chemical, biological, or nuclear weapons, or missiles, drones or space launch vehicles capable of delivering such weapons.

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