Common use of Annual Fee Increase Clause in Contracts

Annual Fee Increase. All Fees are subject to annual increases in an amount not to exceed the annual increase in the Annual Inflation Index for the Territory (on a cumulative basis from the Service Start Date), the first such increase to be calculated and effective on the first anniversary of the Service Start Date.

Appears in 2 contracts

Sources: Service Agreement, Service Agreement

Annual Fee Increase. All Fees are subject to annual increases in an amount not to exceed the annual increase in the Annual Inflation Index for the Territory respective billing currency (on a cumulative basis from the Service Subscription Start Date), the first such increase to be calculated and effective on the first anniversary of the Service Subscription Start Date.

Appears in 1 contract

Sources: Master Services Agreement