TERM AND CHARGES Sample Clauses
The 'TERM and CHARGES' clause defines the duration of the agreement and outlines the financial obligations of the parties involved. It typically specifies the start and end dates of the contract, renewal terms if applicable, and details regarding payment amounts, schedules, and methods. By clearly establishing both the time frame and the associated costs, this clause ensures that both parties understand their commitments and helps prevent disputes over contract length or payment expectations.
TERM AND CHARGES. Tenant rents the Storage Space on a term basis. The term is October 1 of the current year to May 1 of the following year. All Rent shall be payable up front to Landlord at the address stated above. Fees are determined according to the formula outlined in Part D.
TERM AND CHARGES. EDS will provide the strategic consulting services described in this Schedule D-2 from January 1, 2000 through December 31, 2005, unless the Agreement is terminated earlier. The applicable charges for strategic consulting services are described in Schedule A.
TERM AND CHARGES. 1. This Agreement shall commence on its effective date and shall continue for one year. The term of this Agreement will be automatically renewed annually unless one party gives the other party hereto at least 30 days written notice of termination prior to the end of the initial term. Either party may terminate this Agreement at any time by providing the non-terminating party 30 days prior written notice of such. Customer shall pay EMSI for all Reports ordered from EMSI at the rates and charges in the attached Exhibit(s).
2. Customer shall pre-pay EMSI for Reports, when the same are ordered, in U.S. currency. After the initial 10 requests for Reports, and upon Customer's request, EMSI will instead invoice Customer on a monthly basis, which invoices Customer shall pay within 30 days from the date of each invoice. If any monthly invoice is not paid within 30 days from the date of the invoice, any future request for a Report thereafter will again require pre-payment. Customer shall pay any governmental charges incurred by EMSI in providing Reports requested and any taxes, tariffs or duties levied by any governmental agency in connection with this Agreement with the exception of taxes imposed on EMSI's net income. Customer shall remain liable for all charges required under this Agreement which are unpaid as of the date of its expiration or termination.
3. The rates under this Agreement may be increased effective as of each anniversary of the effective date during the term of this Agreement by the percentage increase in the United States Consumer Price Index for all Urban Users ("CPI-U") published by the United States Bureau of Labor Statistics, for the immediately preceding calendar year times the rates in effect during the preceding calendar year. In the event a communications, hardware, postal or other vendor supplying a service or product to EMSI required for EMSI to provide Reports to Customer increases its rates charged to EMSI, EMSI may additionally increase the contracted rates set forth herein by an amount exceeding the CPI-U to include such increased costs.
TERM AND CHARGES. 5.1. This Agreement shall become effective upon the date of the last signature by either Party, and shall remain in effect for period of one (1) year unless otherwise terminated in accordance herewith. This Agreement automatically shall be renewed thereafter on a month-to-month basis or as otherwise agreed upon by the Parties in writing and, at that time, shall be terminable by either Party upon thirty (30) days prior written notice to the other Party.
5.2. During the term of this Agreement each Party shall charge for the Services provided to the other Party, and the other Party shall pay for such Services, that amount as determined by using the rate(s) specified for each type of traffic in a Rate Amendment issued by a Party.
5.3. This Agreement is not contingent on any minimum traffic volumes. The Parties may, however, specify rates that are contingent on traffic volumes. The Rate Amendment containing any such rates shall specify the terms and conditions applicable thereto.
5.4. The Parties shall have the right to modify or withdraw the rates and prefixes and conditions set forth in a Rate Amendment at any time but shall give the other Party at least seven (7) days prior notice. Rate decreases may be effective earlier at the discretion of the issuer. Rate increases may be effective earlier with the agreement of the customer.
5.5. Rate Amendments shall be delivered by email to the other Party at the email address for Rate Amendments specified in Clause 19 and shall specify the rate for traffic of various types and the date the rate change becomes effective.
5.6. Both Parties agree that Rate Amendments sent by any other electronic means (such as facsimile) or by email to any other email address other than that specified in Clause 19 shall not be valid. Rate Amendments must be issued by email. Where, for convenience purposes rate changes are sent by facsimile or other electronic means, both Parties acknowledge that: i) the sender does not verify the accuracy of the information and ii) in the event of any discrepancy between the facsimile and email versions the email version shall prevail and be binding on the Parties.
5.7. In the event that traffic is sent by either Party before a rate has been specified pursuant to a Rate Amendment, the Party receiving the traffic shall advise the other Party and the Parties shall in good faith agree to a rate for such traffic. This rate shall be fair and reasonable in relation to the receiving Party's costs.
5.8. All calls...