Common use of Price Protection; Quarterly Budget Reconciliation Clause in Contracts

Price Protection; Quarterly Budget Reconciliation. In addition to adjustments that may be discussed pursuant to the Annual Budget Process, the Fees shall be adjusted on a prospective basis by mutual written agreement on a quarterly basis (excluding the quarter when the Annual Budget Process will take the place of the quarterly reconciliation process) if a major event has occurred during the quarter that will substantially increase or decrease the actual costs of the Services in the future versus the then-current mutually-agreed budget (e.g., AMD realizes substantial cost savings as the result of an outsourcing transaction). As part of this quarterly reconciliation process, adjustments to budgeted Fees and Pass-Through Expenses, whether resulting in an increase or decrease in Fees and Pass-Through Expenses, will be mutually agreed upon by AMD and Spansion and will apply prospectively only.

Appears in 4 contracts

Samples: Information Technology Services Agreement, Information Technology Services Agreement (Advanced Micro Devices Inc), Information Technology Services Agreement (Spansion Inc.)

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Price Protection; Quarterly Budget Reconciliation. In addition to adjustments that may be discussed pursuant to the Annual Budget Process, the Fees shall be adjusted on a prospective basis by mutual written agreement on a quarterly basis (excluding the quarter when the Annual Budget Process will take the place of the quarterly reconciliation process) if a major event has occurred during the quarter that will substantially increase or decrease the actual costs of the Services in the future versus the then-current mutually-agreed budget (e.g., AMD realizes substantial cost savings as the result of an outsourcing transaction). As part of this quarterly reconciliation process, adjustments to budgeted Fees and (including Pass-Through Expenses), whether resulting in an increase or decrease in Fees and (including Pass-Through Expenses), will be mutually agreed upon by AMD and Spansion and will apply prospectively only.

Appears in 3 contracts

Samples: General Administrative Services Agreement (Spansion Inc.), General Administrative Services Agreement (Advanced Micro Devices Inc), General Administrative Services Agreement (Spansion Inc.)

Price Protection; Quarterly Budget Reconciliation. In addition to adjustments that may be discussed pursuant to the Annual Budget Process, the Fees shall be adjusted on a prospective basis by mutual written agreement on a quarterly basis (excluding the quarter when the Annual Budget Process will take the place of the quarterly reconciliation process) if a major event has occurred during the quarter that will substantially increase or decrease the actual costs of the Services in the future versus the then-current mutually-agreed budget (e.g., AMD Spansion realizes substantial cost savings as the result of an outsourcing transaction). As part of this quarterly reconciliation process, adjustments to budgeted Fees and (including Pass-Through Expenses), whether resulting in an increase or decrease in Fees and (including Pass-Through Expenses), will be mutually agreed upon by Spansion and AMD and Spansion and will apply prospectively only.

Appears in 3 contracts

Samples: General Administrative Services Agreement (Advanced Micro Devices Inc), General Administrative Services Agreement (Spansion Inc.), General Administrative Services Agreement (Spansion Inc.)

Price Protection; Quarterly Budget Reconciliation. In addition to adjustments that may be discussed pursuant to the Annual Budget Process, the Fees shall be adjusted on a prospective basis by mutual written agreement on a quarterly basis (excluding the quarter when the Annual Budget Process will take the place of the quarterly reconciliation process) if a major event has occurred during the quarter that will substantially increase or decrease the actual costs of the Services in the future versus the then-current mutually-agreed budget (e.g., AMD Fujitsu realizes substantial cost savings as the result of an outsourcing transaction). As part of this quarterly reconciliation process, adjustments to budgeted Fees and Pass-Through Expenses, whether resulting in an increase or decrease in Fees and Pass-Through Expenses, will be mutually agreed upon by AMD Fujitsu and Spansion and will apply prospectively only.

Appears in 2 contracts

Samples: Information Technology Services Agreement (Spansion Inc.), Information Technology Services Agreement (Spansion Inc.)

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Price Protection; Quarterly Budget Reconciliation. In addition to adjustments that may be discussed pursuant to the Annual Budget Process, the Fees shall be adjusted on a prospective basis by mutual written agreement on a quarterly basis (excluding the quarter when the Annual Budget Process will take the place of the quarterly reconciliation process) if a major event has occurred during the quarter that will substantially increase or decrease the actual costs of the Services in the future versus the then-current mutually-agreed budget (e.g., AMD Fujitsu realizes substantial cost savings as the result of an outsourcing transaction). As part of this quarterly reconciliation process, adjustments to budgeted Fees and (including Pass-Through Expenses), whether resulting in an increase or decrease in Fees and (including Pass-Through Expenses), will be mutually agreed upon by AMD Fujitsu and Spansion and will apply prospectively only.

Appears in 2 contracts

Samples: General Administrative Services Agreement (Spansion Inc.), General Administrative Services Agreement (Spansion Inc.)

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