Charges Variation Sample Clauses
The Charges Variation clause defines the process by which the fees or charges under an agreement may be adjusted during the contract term. Typically, this clause outlines the circumstances that permit changes to pricing, such as changes in scope, inflation, or regulatory requirements, and may specify notice periods or approval processes for implementing new charges. Its core practical function is to provide a clear and agreed-upon mechanism for modifying charges, thereby reducing disputes and ensuring both parties can adapt to changing costs or requirements over time.
Charges Variation. 5.3.1 The Charges may only be varied in accordance with the provisions of the Charges Variation Procedure.
Charges Variation. 5.3.1 The Charges may only be varied by agreement between the CLIENT and the SERVICE PROVIDER and may not exceed the Charging Rate.
Charges Variation. (a) Where permitted by the Regulatory Requirements, you agree that we may vary the amount, nature and/or structure of the Charges, or introduce new Charges, for any reason.
(b) We may also change the amount of any Feed-in Tariff we pay you (if applicable) in accordance with the Feed-in Tariff Terms.