Modification of Tariffs Sample Clauses
The Modification of Tariffs clause establishes the conditions under which tariff rates, fees, or charges specified in an agreement may be changed during the contract term. Typically, this clause outlines the process for proposing, approving, and implementing tariff adjustments, such as requiring advance written notice or mutual consent between the parties. Its core practical function is to provide a clear and agreed-upon mechanism for adapting pricing structures in response to regulatory changes, market conditions, or operational needs, thereby reducing disputes and ensuring both parties are aware of how and when tariffs can be modified.
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Modification of Tariffs. WilTel may modify or withdraw tariffs from time to time, which may result in the discontinuation of any IP-E Service. WilTel shall have no liability for any such discontinuation. In the event WilTel withdraws its filed tariffs, the tariff terms and conditions in effect on the date of such withdrawal will continue to apply to the Agreement. After withdrawal of the applicable tariffs, the terms of the Agreement will control over any inconsistent provision in the former tariffs, subject to standard contract interpretation rules. Tariffs not withdrawn shall continue to have the same force and effect.