Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Producer Price Index (PPI) final demand - WPUFD4 (xxxxx://xxxx.xxx.xxx/cgi-bin/surveymost?wp) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.
Price Renegotiation. Contractor may request adjustments to compensation rates 60 days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the Consumer Price Index (CPI) for all items in San Francisco-Oakland-Hayward, CA, all urban consumers, not seasonally adjusted- CUURS49BSA0 (xxxxx://xxxx.xxx.xxx/timeseries/CUURS49BSA0) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated. Increases based on Living Wage will be at 80% of the total Living Wage increase to remove Contractor overhead, etc. that are included in the fully burdened hourly rates.
Price Renegotiation. Either Party shall have the right to request that the Contract Price set forth above be renegotiated, with any renegotiated Contract Price becoming and revised pricing made effective as of the expiration of the term of the initial power sales agreement under which Buyer sells power generated from the Plant (the “Price Renegotiation Effective Date”). As soon as the Price Renegotiation Effective Date becomes known, Buyer shall be required to provide Seller with written notification of such date. In the event either Party desires to renegotiate the Contract Price, it shall provide the other Party with at least twelve (12) months written notice prior to the Price Renegotiation Effective Date and with its proposal and justification for a renegotiated Contract Price. Following receipt by the other Party of such notice and proposal, the Parties shall commence good faith negotiations with respect to the renegotiated Contract Price. In the event the Parties have not reached agreement as to such renegotiated Contract Price by no later than six (6) months prior to the Price Renegotiation Effective Date, unless the Parties otherwise agree, the Contract Price following such Price Renegotiation Effective Date shall be decided pursuant to the Dispute Resolution procedures set forth herein. In such event Buyer shall continue to pay Seller the existing Contract Price until such time as a new price is established pursuant to the Dispute Resolution procedures, in which case the new Contract Price shall be implemented effective as of the Price Renegotiation Effective Date. Notwithstanding the foregoing, in In no event, shall the Contract Price be less than the following; (i) a Demand Charge of $______ per MMBtu rty eight cents and (ii) a Commodity Charge equal to the “Index” price for “Prices of Spot Gas Delivered to Pipelines” (per MMBtu dry) for Xxxxx Xxx, as reported in the first publication of each month of Inside FERC’s Gas Market Report for the applicable month in which deliveries are made hereunder (the “Index”).
Price Renegotiation. Any of the Parties may request a review of the prices set out herein, provided any of the following events takes place:
Price Renegotiation. For Contract Years commencing 1 January 2009 and 1 January 2016, the then-current Unit Price, the Unit Price floor mentioned in Section 5.3, Toll Price and adjustment terms for Helium and Tolling under this Agreement, shall be subject to renegotiation upon Notice by either Party to the other. Such Notice shall be given not later than the 1 October 2007 and 1 October 2014, respectively. If the Parties have been unable to reach agreement prior to the 1 October 2008 or 1 October 2015, as the case may be, after having conducted good-faith negotiations with respect to the modification of the then-current Unit Price, the Unit Price floor mentioned in Section 5.3, Toll Price and escalation terms, then either Party shall have the right to terminate this Agreement as of December 31, 2008, and December 31, 2015, respectively.
Price Renegotiation. Either Party may request a review of the price set forth in this clause whenever any of the following events occurs:
Price Renegotiation. Contractor may request adjustments to compensation rates sixty (60) days prior to an option term. Contractor shall provide information justifying reasons for any increase, and City shall not unreasonably withhold approval of any increase provided the renewal quote for ongoing services does not increase by more than the PPI industry data for Software publishers - PCU5112105112105 (xxxxx://xxxx.xxx.xxx/dataViewer/view/timeseries/PCU5112105112105) and does not exceed 3% over the previous year’s fees, unless the City’s Living and/or Prevailing Wage, if applicable, increases by more than 3% or unless otherwise negotiated.
Price Renegotiation. Contractor shall keep pricing specified in Exhibit A fixed for at least the first 12 full months of this Master Agreement. Thereafter, Lead State and Contractor may adjust pricing no more than once annually by written amendment. Contractor shall submit any pricing increase requests to Lead State in writing and provide substantiating evidence that each request is based on demonstrable market changes impacting the cost of the Services. The request must show all proposed increases by line item and include supporting documentation acceptable to Lead State. Lead State may require Contractor to provide U.S. Bureau of Labor Statistics Producer Price Index or Consumer Price Index data or any other relevant manufacturer or industry data substantiating the increase. However, a price increase may not produce a higher profit margin for Contractor than at the beginning of the initial term of this Master Agreement. The increase may not exceed 3% of the price immediately before the increase. Pricing changes will apply to Service Requests entered on and after the effective date of the pricing change.
Price Renegotiation. Any of the Parties may request the renegotiation of the Price established in Clause Second, provided that any of the events considered in the following section occurs:
Price Renegotiation. Not less than thirty (30) days prior to October 31, 1998, the parties will have negotiated in good faith to agree on the price to be paid for gas sold and purchased hereunder for the succeeding year, or for such other period as may be agreed upon by the parties. If, after good faith negotiations, Buyer and Seller fail to agree upon the price to be paid for gas for the succeeding term, either party may terminate this Agreement upon thirty (30) days written notice. Buyer and Seller expressly agree that the price to be paid for natural gas purchased through October 31, 1998, is non-negotiable and that fluctuations in the market will not serve as grounds for renegotiation.
