Additional Pricing Provisions Clause Samples
The "Additional Pricing Provisions" clause defines supplementary terms and conditions related to the pricing of goods or services under the agreement. This clause may address scenarios such as price adjustments due to changes in market conditions, additional fees for expedited services, or mechanisms for calculating variable costs. Its core practical function is to provide flexibility and clarity in pricing arrangements, ensuring both parties understand how and when prices may change beyond the base agreement, thereby reducing the risk of disputes over unforeseen costs.
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Additional Pricing Provisions. The following provisions shall apply to the Services provided under these Terms and Conditions (check all applicable boxes): ◻
Additional Pricing Provisions. The last paragraph of Section 6.1 of the Forbearance Agreement is amended by amending and restating it in its entirety to read as follows: For this purpose, a “Liquidity Event” shall mean any (i) asset sale by the Credit Parties that produces net proceeds in an amount greater than or equal to $5,000,000, (ii) any repayment of the outstanding Obligations in an amount exceeding $25,000,000, or (iii) all of the Obligations becoming due and payable as provided in the Credit Agreement, and “Net Book Balance” shall mean the aggregate amount of cash, Cash Equivalent Investments and similar liquid assets held or owned by the Credit Parties net of any outstanding checks or other transactions not otherwise reflected in the bank account balances of the Credit Parties. The forbearance fee described in subsection (d) of this Section 6.1 shall be fully earned on the Forbearance Extension Effective Date and shall be secured by all of the Collateral.
Additional Pricing Provisions. (a) The Parties may agree that One may introduce tiered pricing based on size of Customer Assets, at any time during the term of this Agreement. Fees will be adjusted accordingly to the different tiers set as agreed by the Parties. For clarity, such tiering may include One charging a lower discretionary management fee to Accounts with a higher AUM, and as such the Fee would be adjusted proportionally.
(b) Notwithstanding anything to the contrary, beginning on the first anniversary of the Effective Date, One may, upon 60 days’ prior written notice to Customer, increase Fees or establish an alternative Fee structure effective upon the then-next anniversary of the Effective Date.
Additional Pricing Provisions. (a) The Parties agree that One may introduce new pricing structures for new products at any time during the term of this Agreement.
(b) Notwithstanding anything to the contrary, One may, upon 90 days’ prior written notice to Customer, increase Fees or establish an alternative Fee structure effective upon the Effective Date of the Renewal Term
Additional Pricing Provisions. The following provisions shall apply to the Material and Services provided under this Agreement (check all applicable boxes):