Pass Through Increases Sample Clauses
A Pass Through Increases clause allows a party to adjust prices or charges in a contract to reflect increased costs that are imposed by third parties, such as suppliers or regulatory authorities. In practice, if a supplier's costs rise due to new taxes, tariffs, or increased material prices, these additional expenses can be passed on to the customer under this clause. The core function of this clause is to ensure that the party providing goods or services is not financially disadvantaged by cost increases outside their control, thereby allocating the risk of such increases to the other party and maintaining the economic balance of the contract.
Pass Through Increases. We reserve the right to pass through to you any incremental increases in the costs and/or fees for Third Party Services (“Pass Through Increases”). Since we do not control Third Party Providers or Third Party Services, we cannot predict whether such price increases will occur. Should they occur, we will endeavor to provide you with as much advance notice as reasonably possible.