Common use of Amendment to Fees and Loan Agreement Clause in Contracts

Amendment to Fees and Loan Agreement. 5.1 When a Customer utilises a service listed in the Appendix 1 the fees quoted therein at this point in time shall, unless otherwise agreed upon in this respect, apply. Any payment by the Customer beyond the agreed fee for the principal service shall be subject to express agreement between Ferratum and the Customer. Unless otherwise agreed upon, the fee for services not listed in Appendix 1 shall be governed by the statutory provisions, insofar as such services are rendered on behalf of the Customer or in the Customer's presumed interest and are, judging by the circumstances, to be expected only in return for a fee. Ferratum shall not charge fees for a service that Ferratum is legally obliged to render free of charge or is obliged to render free of charge as a result of a contractual subsidiary duty, or that it performs in its own interest. In case of a cost increase and to maintain the equivalence ratio, once a quarter Ferratum can change the amount of the fees mentioned in Appendix 1 by disclosing the individual cost components and their weighting in the calculation of the overall price. Cost reductions are to be passed on to the Customer in the same manner.