Inflation. 2.1 The professional fees shall be subject to an inflation increase on an annual basis. 2.2 The amount of the inflation increase shall be the Retail Price Index (all items) as published by the UK Government and as applicable on the anniversary of the commencement date plus 2%
Appears in 3 contracts
Sources: Insurance Management Services Agreement (Watford Holdings Ltd.), Insurance Management Services Agreement (Watford Holdings Ltd.), Insurance Management Services Agreement (Watford Holdings Ltd.)