Changes in Law or Circumstances Increased Costs Pricing Grid Sample Clauses

This clause establishes how changes in law or other relevant circumstances that lead to increased costs are managed within the contract, often through a pricing grid mechanism. It typically allows for adjustments to the agreed pricing if new regulations, taxes, or unforeseen events cause the supplier’s costs to rise, with the pricing grid providing a structured method for recalculating charges. The core function of this clause is to allocate the risk of cost increases fairly between the parties and to ensure that the contract remains commercially viable despite external changes.