Common use of Cost of Living Adjustment (COLA) Clause in Contracts

Cost of Living Adjustment (COLA). (a) On January 1 of each calendar year *** Supplier shall increase (i) the Production Support Charge, (ii) the Applications Development Charge, and (iii) the T&M Rates (collectively, the “Adjustable Charges”) by multiplying such Adjustable Charges by the applicable Inflation Factor defined below (each adjustment, a “COLA”). ***

Appears in 2 contracts

Samples: Master Services Agreement, Master Services Agreement (Health Net Inc)

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Cost of Living Adjustment (COLA). (a) On January 1 of each Each calendar year *** beginning January 1, 2010 Supplier shall have the right to increase (i) the Production Support Annual Services Charge, (ii) the Applications Development ChargeARC/RRC Rates, and (iii) the T&M Rates (collectively, the “Adjustable Charges”) by multiplying such Adjustable Charges by using the applicable Inflation Factor defined below (each adjustment, a “COLA”). ***Supplier shall not increase the Adjustable Charges prior to January 1, 2010.

Appears in 1 contract

Samples: Master Agreement (Health Net Inc)

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Cost of Living Adjustment (COLA). (a) On January 1 of each calendar year *** Supplier shall increase (i) the Production Support Charge, (ii) the Applications Development Charge, and (iii) the T&M Rates (collectively, the “Adjustable Charges”) by multiplying such Adjustable Charges by the applicable Inflation Factor defined below (each adjustment, a “COLA”). ***.

Appears in 1 contract

Samples: Master Services Agreement (Health Net Inc)

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