Price Adjustment Clause. If any taxing authority that has jurisdiction makes or proposes to make any assessment or reassessment to one of the parties to the Agreement with respect to income tax or any other tax based on the fact that the intercompany service charge is greater or less than an arm’s length charge, then the intercompany service charge should be augmented retroactively, in respect of the period assessed. If the Services performed by Service Provider change significantly in the future, Service Provider and Service Recipient may agree to adjust the Services Fee.
Price Adjustment Clause. If any change orders occur during the modernization or the included maintenance of the project, the cost shall be based on the identified rates below. Base rates for the above contract price are: Labor Rate Including Fringe Benefits Applicable: Rate Date Producer Price Index: Rate Date If work in accordance with the Maintenance Specifications is requested by the Owner to be completed on overtime, the Owner will pay only the difference between normal and overtime labor (premium portion) at the hourly rates indicated hereafter: Bonus Time Rate Team Mechanic Helper Double Time: Holiday If work is required outside the scope of this agreement, the Owner will pay for labor at the hourly rates indicated hereafter: Straight Time: Time and Seven / tenths (Add) Team Mechanic Helper Double Time: Holiday In addition, should parts or materials be needed for work outside the scope of this contract, these shall be billed by the Contractor at a maximum of cost plus 10 % under the AIA guidelines. Owner has the right to verify cost through proper documentation by Contractor. NOTICE:
Price Adjustment Clause. (i) The Parties agree that the compensation referred to aforesaid is subject to adjustment (a “primary service fee adjustment”) by JHD or JHUSA based on the annual fair market value of the services attributable to JHUSA or JHD, as the case may be. Both parties agree to notify each other in writing of any primary service fee adjustment. In the event the primary service fee adjustment results in payment of additional fee, JHUSA or JHD, as the case may be, shall pay to the other party the amount of such adjustment within thirty (30) days of receipt of a notice of service fee adjustment. In the event the primary service fee adjustment results in a reduction of the service fees already paid, JHUSA or JHD, as the case may be, shall pay to the other party the amount of such adjustment within thirty (30) days of receipt of a notice of primary service fee adjustment.
Price Adjustment Clause. Renewal of this contract shall be for the original bid price; however, if the option to renew is exercised, TWC will permit a price adjustment upwardly or downwardly after the end of the first contractual period and each renewal period when correlated with the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), U.S. City Average, (All items) published by the Bureau Labor Statistics (BLS), Washington D.C. The initial contractual period rate may be adjusted by the latest announced change in the CPI-W for the prior 12-month period, limited to a maximum of 4% increase per contract period or any amount of decrease. At any time during the contract, in the event of government mandated increases in minimum wages and/or federal FICA or Social Security tax rates, TWC may allow a proportional rate increase.
Price Adjustment Clause. Renewal of this contract shall be for the original bid price; however, if the option to renew is exercised, TWC will permit a price adjustment upwardly or downwardly after the end of the first contractual period and each renewal period when correlated with the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), U.S. City Average, (All items) published by the Bureau Labor Statistics (BLS), Washington D.C. The initial contractual period rate may be adjusted by the latest announced change in the CPI-W for the prior 12 month period, limited to a maximum of 4% increase per contract period or any amount of decrease. At any time during the contract, in the event of government mandated increase in minimum wages and/or federal FICA or social security tax rates, TWC may allow a proportional rate increase. V. PAYMENT Payment will be made monthly in arrears. VI. SUBCONTRACTING Services will be rendered by the Vendor or its employees and under no circumstances are such services to be subcontracted by Vendor.
Price Adjustment Clause. (a) ACCC and the Partnership confirm that the Purchase Price is intended to be the aggregate fair market value ("FMV") of the Acquired Assets at the Effective Time. If any taxing authority having jurisdiction makes or proposes to make an assessment or reassessment of tax on the basis that the aggregate FMV of the Acquired Assets at the Effective Time differs from that set out in Schedule 2.02, then the Purchase Price will be adjusted to reflect the FMV of the Acquired Assets at the Effective Time that:
Price Adjustment Clause. The parties hereto hereby acknowledge and confirm that they reasonably and in good faith intend that the Purchase Price shall be equal to the fair market value of the Holder’s Company Shares at the time of Closing. The parties agree that, if any party to this Agreement or a taxing authority having jurisdiction shall assert by assessment, reassessment or otherwise that the fair market value of the Holder’s Company Shares is not equal to the Purchase Price, then the Purchase Price attributable to the Holder’s Company Shares shall be increased or decreased by the difference so determined; but only to the extent that the Purchase Price attributable to the Holder’s Company Shares so revised is accepted by the taxing authority and each of the parties or, failing such acceptance, is established by a court having jurisdiction in the matter after all rights of appeal have been exhausted or all times for appeal have expired without appeals having been taken by such taxing authority or either of the parties, and otherwise shall be as asserted by the taxing authority. If there is an adjustment to the Purchase Price, as aforesaid, such adjustment shall be deemed to be made nunc pro tunc with effect as at the closing time; and for the purposes of the foregoing, the parties hereto covenant and agree to make all adjustments necessary to reflect such adjustment.
Price Adjustment Clause. Contractor will hold its prices firm for not just the initial one-year contract period, but those prices will also apply for the four optional one-year renewal terms. Contractor may request a price increase at the time of Contract renewal, if the Contract is renewed. In the event the Contractor does not request a price increase at the time of the Contract renewal, and the manufacturer(s) subsequently announces a general increase in the price of their products, the Contractor may request an increase at that time. The Contractor must provide detailed supporting documentation from the manufacturer to support the requested increase. The requested increase shall not exceed the percentage increase as defined and in accordance to Exhibit C, City’s General Contract Terms and Provisions, Article 3.4
Price Adjustment Clause. Should the prices for energy, personnel, food, rent, logistics, hotel equipment, agency commissions, other operating costs and/or incidental costs of monetary transactions have increased by more than 2% by the start of the event or arrival, the hotel shall be entitled to adjust the prices quoted in the offer accordingly. If, in the case of price increases in the aforementioned categories, the adjusted prices are more than 10% higher than the price originally offered, the customer will be informed of the new price no later than eight weeks before the start of the event or arrival. Then he has the right to withdraw from the contract. In case of withdrawal, the free cancellation must be made in writing no later than 28 days before the start of the event. 4 CUSTOMER'S RETURN (CANCELLATION) / NON-UTILIZATION OF THE HOTEL'S SERVICES (NO SHOW)
Price Adjustment Clause. The intention of the Parties is that the fair market value of the consideration for the HPT Shares is to be equal to the fair market value of the Consideration Shares on the Closing Date. If, at a subsequent time, the fair market value of the HPT Shares is determined for any reason, including without limitation:
