Common use of Rate Adjustment Clause in Contracts

Rate Adjustment. Not more than once per calendar year, the Supplier shall be entitled to adjust any of the Charges, individually or in the aggregate, provided that the Supplier gives the Client at least thirty (30) days’ prior written notice of such an adjustment (a “Rate Adjustment”). Notwithstanding the preceding sentence and any other provision of this Agreement, the Supplier reserves the right to (i) pass through to the Client any Third-party Provider change in cost at any time as required by such Third-party Provider; and (ii) adjust the Charges at any time if required by legislation or regulation.