Economic Change Adjustment definition
Examples of Economic Change Adjustment in a sentence
Refer to Exhibit 4 for Economic Change Adjustment terms and methodology.
For purposes of the comparison under this subsection (d), the Monthly Service Charges will not include (i) any Economic Change Adjustment applied to such Charges and (ii) any Charges for Projects.
Attached to this Exhibit is Section A-1, which lists the Fixed Fees, the Variable Fees, the SI Services Fees and estimate of hours, Economic Change Adjustment, Termination Fees, volume estimates and other applicable rates.
For purposes of the comparison under this subsection (c), the Monthly Service Charges will not include (i) any Economic Change Adjustment applied to such Charges and (ii) any Charges for Projects.
The Fixed Fees, the Variable Fees, the SI Services Fees, Economic Change Adjustment, and any other charge provisions set forth in the Agreement shall in the aggregate compensate IBM for its provision of the Designated Services and the Termination Assistance Services.
The ECA shall be calculated in accordance with Annex C-3 (Economic Change Adjustment).
By giving notice to Supplier no less than ninety (90) days prior to the expiration date of the Initial Term, ABM shall have the right to extend the Term for up to twelve (12) months (the “Renewal Term” and together with the Initial Term, the “Term”), on the terms and conditions set forth in this Agreement, including the then-current rates and charges specified in Schedule J, as such rates and charges may be modified in accordance with Section 9 (Economic Change Adjustment) of Schedule J.
IBM will calculate and apply an adjustment to the charges based upon economic changes (an Economic Change Adjustment or ECA) as described below beginning in [***].
The Annual Service Charge (ASC), Additional Resource Charges (ARCs), Reduced Resource Charges (RRCs), Transition Charges, Economic Change Adjustment, and any other charge provisions set forth in this Transaction Document are intended in the aggregate to compensate IBM for the resources used to provide the Services.
The Economic Change Adjustment to account for cost of living adjustments (“ECA”) shall be as provided in Schedule C.