Common use of CHANGES TO CONDITIONS Clause in Contracts

CHANGES TO CONDITIONS. The Exchange reserves the right to change (reduce or increase) not more than once annually any or all of the Fees or otherwise change the terms and conditions of this Agreement at any time by giving Company ninety (90) days written notice thereof. In case of a Fee increase by more than 5% or a change of the terms and conditions of this Agreement which is unfavorable to Company and cannot reasonably be accepted by Company, Company may terminate this Agreement within forty five (45) days after receipt of the notice from the Exchange with effect as of the effective date of the Fee increase or change. Any fees paid in advance will be refunded on a pro-rata basis.

Appears in 5 contracts

Samples: Market Data Agreement, Qatar Exchange – Market Data Agreement, Qatar Exchange – Market Data Agreement

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