Maximum Price Increase Sample Clauses

Maximum Price Increase. In a single year of the Contract, the maximum price increase for each individual Product on Contract shall not exceed the percent increase in the latest available National Consumer Price Index - All Urban Consumers (CPI- U), Not Seasonally Adjusted, Northeast Region, All Items (Series Id: CUUR0100SA0); as published by the U.S. Department of Labor, Bureau of Xxxxx Xxxxxxxxxx, Xxxxxxxxxx, X.X. 00000. CPI-U data may be obtained at xxx.xxx.xxx. The following example illustrates the computation of percent change: CPI for current period 230.000 Less CPI for previous period 225.000 Equals index point change 5.000 Divided by previous period CPI 225.000 Equals 0.022 Result multiplied by 100 0.022 x 100 Equals percent change 2.2 The “CPI for current period” shall be the index in effect at the time the Contract pricelist update request is received; “CPI for previous period” shall be the index in effect when the Contract pricelist was last updated. Increases are not cumulative. Price increases are limited to the prior year prices only. This price escalation cap does not apply to Visa, Mastercard, Discover, American Express, as well as any other card network as required by the Authorized User, and debit network authorization and Interchange fees, assessments, dues and other Card Association fees and charges which are passed through to Authorized Users at cost, and provided with verification of such costs at time of increase.
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Maximum Price Increase. In a single year of the Contract, the maximum price increase for each individual item on contract shall not exceed the percent increase in the latest available National Consumer Price Index - All Urban Consumers (CPI-U), Not Seasonally Adjusted, U.S. City Average, All Items (Series Id: CUUR0000SA0, CUUS0000SA0); as published by the U.S. Department of Labor, Bureau of Xxxxx Xxxxxxxxxx, Xxxxxxxxxx, X.X. 00000. CPI-U data may be obtained at xxx.xxx.xxx. The following example illustrates the computation of percent change: CPI for current period 230.000 Less CPI for previous period 225.000 Equals index point change 5.000 Divided by previous period CPI 225.000 Equals 0.022 Result multiplied by 100 0.022 x 100 Equals percent change 2.2 The “CPI for current period” shall be the index in effect at the time the Contract price list update request is received; “CPI for previous period” shall be the index in effect when the Contract price list was last updated. Increases are not cumulative. Price increases are limited to the prior year prices only.
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Maximum Price Increase. 37 11.4 TAXES.................................................................................. 37
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Maximum Price Increase. Any increase or decrease in the costs of Raw Materials, as such term is defined in Section 11.2, shall be passed directly on to Schering by CIMA, and Schering shall be responsible for the entire increase in such costs, subject to Schering's audit and other rights set forth in Section 11.2(c), or, alternatively, Schering shall receive the entire benefit from any decrease in such costs. In no event shall the weighted average percentage of increased costs attributable to CIMA's Overhead and labor costs combined, stated as a percentage of the then-current Price, exceed the lesser of either (i) the increase, if any, in the national Producer's Price Index, as reported in the Wall Street Journal, for the calendar year immediately preceding the proposed price increase; or (ii) [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***].
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Maximum Price Increase. Notwithstanding the foregoing, in no event shall the percentage of any price increase based on increases in NTC's manufacturing costs exceed the lesser of the percentage increase in the cost of raw materials or five percent (5%) which increase shall be substantiated by NTC.
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Related to Maximum Price Increase

  • Price Increase For purposes of this paragraph, “Contract Year” means a twelve

  • Price Increases This section applies to pricing not Benchmarked to GSA Supply Schedule. Additionally, where pricing submitted for Services is not benchmarked to an approved GSA Supply Schedule:

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Four Million, Six Hundred Thirteen Thousand, Two Hundred Ninety-Three Dollars and Fifty Cents ($4,613,293.50) for the identified Sub-Project.

  • Guaranteed Maximum Price The anticipated Guaranteed Maximum Price for the Project at the time this Agreement is executed is: Forty Six Million, Twenty Nine Thousand Dollars ($46,029,000)

  • GUARANTEED MAXIMUM PRICE PROPOSAL 7.1 At the conclusion of the Design Development phase the Contractor shall prepare and submit a Guaranteed Maximum Price Proposal to Owner based on the Design Development phase documents and review comments. The GMP shall be delivered to the Owner within three (3) weeks of the Design Development review meeting or a date established by the Owner. The GMP Proposal must be prepared in accordance with the guidelines established by Owner and delivered in the format specified by Owner in Exhibit “E” attached to this Agreement. Owner, at its sole option and discretion, may specify different requirements for the GMP Proposal. Contractor shall not withdraw its Guaranteed Maximum Price Proposal for ninety (90) days following submission to Owner.

  • Increase (a) The Company may by giving prior notice to the Agent after the effective date of a cancellation of:

  • Requesting Price Increase/Required Documentation Contractor must submit a written notification at least thirty (30) calendar days prior to the requested effective date of the change, setting the amount of the increase, along with an itemized list of any increased prices, showing the Contractor’s current price, revised price, the actual dollar difference and the percentage of the price increase by line item. Price change requests must include H-GAC Forms D Offered Item Pricing and E Options Pricing, or the documentation used to submit pricing in the original Response and be supported with substantive documentation (e.g. manufacturer's price increase notices, copies of invoices from suppliers, etc.) clearly showing that Contractor's actual costs have increased per the applicable line item bid. The Producer Price Index (PPI) may be used as partial justification, subject to approval by H-GAC, but no price increase based solely on an increase in the PPI will be allowed. This documentation should be submitted in Excel format to facilitate analysis and updating of the website. The letter and documentation must be sent to the Bids and Specifications manager, Xxxxxxx Xxxxxx, at Xxxxxxx.Xxxxxx@x-xxx.xxx Review/Approval of Requests If H-GAC approves the price increase, Contractor will be notified in writing; no price increase will be effective until Contractor receives this notice. If H-GAC does not approve Contractor’s price increase, Contractor may terminate its performance upon sixty (60) days advance written notice to H-GAC, however Contractor must fulfill any outstanding Purchase Orders. Termination of performance is Contractor’s only remedy if H-GAC does not approve the price increase. H-GAC reserves the right to accept or reject any price change request.

  • Wage Increases The wage rates in this Agreement will only be increased in accordance with any increases which may be awarded by the Australian Fair Pay Commission through wage reviews. The level of any increases will be such that the percentage wage increase as set out in Clause 15 of this agreement will be maintained. No additional increases in wage rates will apply to the rate of pay in Clause 15 of this Agreement while it is in operation.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range:

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