Third Party Fee Increases Clause Samples

The Third Party Fee Increases clause establishes how changes in fees charged by external service providers or vendors are handled within the agreement. Typically, this clause allows for adjustments to the contract price if a third party, such as a payment processor or software licensor, raises its fees during the contract term. For example, if a cloud hosting provider increases its rates, the additional cost may be passed on to the client under this clause. Its core function is to allocate the risk of fluctuating third-party costs, ensuring that neither party is unfairly burdened by unforeseen fee increases outside their control.
POPULAR SAMPLE Copied 2 times
Third Party Fee Increases. In the event of a Third Party Fee Increase, NETdepot may increase Customer's Fees by the same percentage amount on giving at least ten (10) days’ advance written notice.
Third Party Fee Increases. In the event of a Third Party Fee Increase, Rackspace may increase Customer’s Fees by the same percentage amount on giving at least 90 days advance written notice.
Third Party Fee Increases. In the event of a Third Party Fee Increase, Innovate may increase Customer’s Fees by the same percentage amount on giving at least 90 days advance written notice.
Third Party Fee Increases. In the event of a Third-Party Fee Increase, Zuri Technologies may increase Customer’s Fees by the same
Third Party Fee Increases. In the event of a Third Party Fee Increase, Ionstream may increase Customer's Fees by the same percentage amount on giving at least ten (10) days’ advance written notice.