Variable Additional Charges Clause Samples
The Variable Additional Charges clause defines the mechanism by which extra fees or costs, beyond the base contract price, may be imposed during the course of an agreement. This clause typically outlines the circumstances under which such charges can arise, such as changes in scope, increased material costs, or additional services requested by the client. By specifying how and when these charges are calculated and communicated, the clause ensures transparency and helps prevent disputes over unexpected expenses, thereby allocating financial risk and clarifying payment obligations.
Variable Additional Charges. In addition to the Scheduled Lease Payments payable with respect to the Leased Property, Tenant shall pay and discharge as and when due and payable the following (collectively, “Variable Additional Charges” and, together with Scheduled Additional Charges, “Additional Charges”):
