Fee Revision Clause Samples
A Fee Revision clause establishes the terms under which the fees specified in an agreement may be adjusted during the contract period. Typically, this clause outlines the circumstances that permit a change in fees, such as inflation, changes in scope of work, or periodic reviews, and may set limits or procedures for implementing such changes. Its core practical function is to provide a structured mechanism for updating compensation, ensuring both parties can adapt to changing economic conditions or project requirements without renegotiating the entire contract.
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Fee Revision. MX may in its sole discretion modify or otherwise revise the Subscription Fee after providing at least ninety (90) days prior written notice of that revision to Participant before the new fee is effective. If the Subscription Fee revision is not acceptable to Participant, Participant may terminate the Agreement pursuant to Section 11.2.
Fee Revision. ▇▇▇▇▇▇▇▇▇ shall be entitled to revise fees from time to time during the Student’s enrolment in Middleton. Any such revision will be notified to the Parent and the revised fees shall be payable effective from the date stipulated in the notice.
Fee Revision. The monthly fee provided in subsection 3(a) above contemplates and is based upon estimated usage of NGMI computer and related hardware and other NGMI resources necessary to provide services pursuant to this Agreement. It is understood and agreed that the fee may be revised annually, as of the anniversary date of this Agreement to recognize increased usage by TLE of NGMI's computer and related hardware and other resources resulting from a growth of TLE's member records, TLE requests for additional services or levels of service not provided in the Schedule of Service, and increased costs incurred by NGMI in providing services to TLE hereunder. If TLE's increased usage of NGMI's resources or other cost factors require an annual fee increase NGMI shall submit to TLE, 120 days in advance of any such proposed increase, notice of and support for such increase. If the parties cannot agree on such revised fee this Agreement may be terminated by either party giving the other 90 days advance written notice.
Fee Revision. If lm > lo, excluding expenses, during the Appointment, fees are to be revised in accordance with the following formula: - Fo = Initial fees exclusive of VAT - Io = Engineering index of the month indicated in article M 6.4 of the Memorandum of Agreement - Im = Engineering index of the month at completion of each Appointment Work Stage
Fee Revision a) Periodic revision of fees shall be made by consensus between OUGC and OGC.
b) If OUGC and OGC cannot concur, the side initiating the change may choose to withdraw from this agreement by giving notice.
Fee Revision. Other. Medcom may revise the Service Fee set forth above at any time upon thirty (30) days written notice if (a) any change in law or regulations imposes on Medcom greater duties or obligations than contemplated by the Agreement in force at the time of such change; or, (b) St ▇▇▇▇▇ County Board of County Commissioners experiences significant differences in number of employees, Participants, locations or Plans that require changes in systems parameters or administration services. However, if St ▇▇▇▇▇ County Board of County Commissioners experiences initiates a request for additional or change in services, a written notice of an increase in fees is not required and any additional fee will go into effect on the effective date of the change in services.
Fee Revision. The Annual License and EZOPS SaaS Standard Maintenance and Support Services fees, as listed above, shall increase annually by US consumer price index measure. After the minimum term, the Subscription term will renew automatically for another One (1) year term. Either party may terminate the Subscription at the end of the then current Subscription term by delivering a written notice to EZOPS no less than one-hundred and eighty (180) days prior to the expiration date of the current Subscription term.