Examples of External Event in a sentence
By way of illustration and not of limitation, an External Event may include a material market fluctuation, governmental law, the actual or proposed enactment or promulgation of a regulation or administrative action, or a fundamental change in manufacturers’ pricing or distribution policies.
The Request shall identify the External Event and set forth the general nature and scope of the adjustment requested.
In response to an External Event, the Company may, at its option, request in writing (a “Request”) that the pricing and/or other terms of this Agreement be renegotiated so as to equitably reflect the effect of the External Event.
External Events Support services for an External Event during Support Hours are charged at the Standard rate.
In the event that the Customer declares a business continuity event, which is not the fault of GBST, and otherwise defined as an External Event, then the Customer agrees to pay for GBST work on a time and materials basis with the Standard Rate as the basis for time charging.