Pricing Increase Sample Clauses
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Pricing Increase. If this Agreement is not amended and restated, or otherwise replaced, by October 1, 2008, then on that date (a) each percentage set forth in (i) the definition of “Applicable Base Rate Margin” in Section 1.1, (ii) the definition of “Applicable LIBOR Margin” in Section 1.1, (iii) the definition of “Applicable LOC Fee Rate” in Section 1.1 and (iv) Section 2.12(a) shall be increased by 0.25% (i.e., 25 basis points), and (b) each percentage set forth in the definition of “Applicable Commitment Fee Rate” in Section 1.1 shall be increased by 0.05% (i.e., 5 basis points), in each case without any action by any Person. ”
(f) Section 4.3 of the Credit Agreement, through clause (a) thereof, is amended in full to read as follows:
Pricing Increase. On any date prior to the occurrence of an Amortization Event on which more than 50% of the sum of the Class A Invested Amount as of such date is funded by one or more APA Banks at a rate equal to the sum of (i) Adjusted Daily Simple SOFR and (ii) the Class A Applicable Margin, each Non-Conduit Purchaser holding Class A Notes may elect, in its sole discretion, by delivering written notice to Interpace Funding, the Administrator and the Senior Administrative Agent (a “Pricing Increase Notice”), to have the Class A Monthly Funding Costs with respect to such Non-Conduit Purchaser calculated for each day of a Series 2025-1 Interest Period that more than 50% of the sum of the Class A Invested Amount is funded by one or more APA Banks at a rate per annum equal to the sum of (A) Adjusted Daily Simple SOFR with respect to such day and (B) the Class A Applicable Margin with respect to the SOFR Tranche on such day (rather than Adjusted Daily Simple SOFR with respect to such day and the Class A Applicable Margin on such day). At any time following delivery of a Pricing Increase Notice by a Non-Conduit Purchaser, such Non-Conduit Purchaser may, in its sole discretion, rescind such election by delivering written notice thereof to Interpace Funding and the Senior Administrative Agent (a “Pricing Increase Rescission”).
Pricing Increase. (a) Section 1.01 of the Agreement is amended to add the following definitions in appropriate alphabetical order:
Pricing Increase. The Price and other fees shall be adjusted on an annual basis, effective on each anniversary of the Effective Date, upon [***] prior written notice from Catalent to Client, to reflect increases in, among other things, labor, utilities, and overhead and shall be in an amount equal to or greater than the percent change in the Producer Price Index (“PPI”), “Pharmaceutical Preparation Manufacturing” (Series ID: PCU325412325412), from the prior year, not seasonally adjusted, as published by the U.S. Department of Labor, Bureau of Labor Statistics, provided however, that any such price increases shall not exceed [***] on an annual basis. In addition to the annual price changes, price increases for any Raw Materials that are included in the Price (including those Raw Materials referenced in Section 3.3(B)) shall be passed through to Client at the time of such price increase through an adjustment to the Price. (Price increases for Raw Materials that are not included in the Price shall be passed through to Client for reimbursement in accordance with Section 7.1(C)).
Pricing Increase. Company can give a written notice of a pricing increase at least 60 days before the end of the subscription term, in which case the pricing increase will be effective upon renewal and thereafter. Any such pricing increase will not exceed 10% of the pricing for the applicable Purchased Service unless the prior pricing was designated in the relevant Order Form as promotional or one-time.
Pricing Increase. (a) From and after the effective date hereof, the LIBOR Margins and the Letter of Credit Fee percentages shall increase from those originally set forth in Schedule II to the Credit Agreement to those set forth in the new Schedule II attached as Exhibit A to this Modification Agreement, and the Schedule II attached to the Credit Agreement shall be modified, restated and replaced in its entirety by the Schedule II attached hereto as Exhibit A.
(b) From and after the effective date hereof, the Variable Rate shall increase from that set forth in the Credit Agreement; accordingly, the definition of Variable Rate in the Credit Agreement is hereby amended to read in its entirety as follows:
Pricing Increase. Immediately upon any breach of any agreement under Section 1(c) of this Agreement, the Applicable Margin under the Base Rate Option and the Euro-Rate Option each shall be increased by .25%. Each such increase in the Applicable Margins resulting from breaches of any clause shall be permanent (and shall not be reduced if the Loan Parties shall again be in full compliance with such Section 1(c)). Any increase in the Applicable Margin under the Euro-Rate Option under this clause (7) shall also increase the Letter of Credit Fee (which is equal to the Applicable Margin under the Euro-Rate Option) by a corresponding amount. Any increase in the interest rates provided for under this clause (7) shall be in addition to any increase in the interest rates or fees pursuant to Section 3.3 of the Credit Agreement [Default Rate] arising as a result of the existence of an Event of Default.
Pricing Increase. If either of the following events shall occur: (i) the Loan Parties fail to deliver to the Administrative Agent and to the Lenders by April 30, 2005, their 2003 Annual Statements (the form and content of which shall comply with the requirements described in Section 1(c)(4)(i) of this Agreement) and, concurrently therewith, the Compliance Certificate based on the results contained in such statements, or (ii) any breach of any agreement under Section 1(c) of this Agreement shall occur, then, immediately upon the occurrence of such event, the Applicable Margin under the Base Rate Option and the Euro-Rate Option each shall be increased by .25%. Each such increase in the Applicable Margins pursuant to the preceding sentence shall be permanent (and shall not be reduced if the Loan Parties shall again be in full compliance with the requirements described in such sentence ). Any increase in the Applicable Margin under the Euro-Rate Option under this clause (7) shall also increase the Letter of Credit Fee (which is equal to the Applicable Margin under the Euro-Rate Option) by a corresponding amount. In no event shall the Applicable Margin at any time be increased pursuant to the first two sentences of this Section 1(7)(B) by more than .25%, provided however that any increase in the interest rates provided for under this Section 1(7)(B) shall be in addition to any increase in the interest rates or fees pursuant to Section 3.3 of the Credit Agreement [Default Rate] arising as a result of the existence of an Event of Default.
Pricing Increase. Effective December 1, 2019, and for the duration of the Additional Extended Term, Service Provider can ▇▇▇▇ the City up to an amount not to exceed SEVENTEEN THOUSAND NINE HUNDRED EIGHTY SEVEN DOLLARS ($17, 987.00) and the Business Improvement District up to an amount not to exceed FIFTY TWO THOUSAND EIGHT HUNDRED NINETY SIX DOLLARS ($52,896.00). This increase is outside of any price adjustment needed to capture increased costs due to volume or landfill cost increases using the same cost adjustment measures used during initial Service Agreement period.
Pricing Increase. The table appearing in Exhibit A hereto is substituted for the table appearing in the Pricing Schedule.
