Common use of Rate Adjustments and Assignment of Agreement Clause in Contracts

Rate Adjustments and Assignment of Agreement. 8.7.1 In the case of any assignment, sale, lease, subcontract or transfer of all or any part of Franchisee's assets or stock, the acquiring party shall not be entitled to request any adjustment in rates based on the purchase price or any other consideration associated with said assignment, purchase, lease, subcontract or transfer. In addition, any such acquiring party shall not be entitled to request any adjustment in rates under this Agreement for any costs which said acquiring party incurs prior to the assignment, sale, lease, subcontract or transfer of Franchisee's assets or stock. County reserves the right to solicit competitive bids for services if any assignment results in a request by the assignee for rate increases that are higher then the inflationary index and do not reflect value changes in service standards as determined solely by County.

Rate Adjustments and Assignment of Agreement. 8.7.1 ‌ 9.5.1 In the case of any assignment, sale, lease, subcontract or transfer of all or any part of Franchisee's assets or stock, the acquiring party shall not be entitled to request any adjustment in rates based on the purchase price or any other consideration associated with said assignment, purchase, lease, subcontract or transfer. In addition, any such acquiring party shall not be entitled to request any adjustment in rates under this Agreement for any costs which said acquiring party incurs prior to the assignment, sale, lease, subcontract or transfer of Franchisee's assets or stock. County reserves the right to solicit competitive bids for services if any assignment results in a request by the assignee for rate increases that are higher then than the inflationary index CPI and do not reflect value changes in service standards as determined solely by County.