Common use of Inflation Clause in Contracts

Inflation. Au10tix may, no more than once per Service Order Term and not to take effect until the completion of the first year of the Agreement, alter the level of fees by up to 2% above any increase over the previous 12 months in the Retail Price Index published by the Office for National Statistics of the State of Israel. Alterations of the fees under this clause require not less than 60 days' notice to the Customer.

Inflation. Au10tix may, no more than once per Service Order Term and not to take effect until the completion of the first year of the Agreement, alter the level of fees by up to 2% above any increase over the previous 12 months in the Retail Price Index published by the Office for National Statistics of the State of IsraelStatistics. Alterations of the fees under this clause require not less than 60 days' notice to the Customer.

Inflation. Not derogating from Section 7.5, Au10tix may, no more than once per Service Order Term and not to take effect until the completion of the first year of the AgreementAgreement year, alter the level of fees Fees by up to 2% above any increase over the previous 12 months in the Retail Price Index published by the Office for National Statistics of the State of IsraelStatistics. Alterations of the fees Fees under this clause require not less than 60 days' notice to the Customer.