FEE INCREASES definition

FEE INCREASES. Aptum shall be entitled to increase the Fees: (a) in order to pass through an increase in the cost of electrical power Aptum pays to its electrical power supplier in relations to the provisioning of Services; (b) on an annual basis, but not before the first anniversary of the first day of the Initial term, to reflect an increase in the Consumer Price Index, as published by Statistics Canada or equivalent government agency, whereby the Fees may be increased by the same percentage as the increase in the Consumer Price Index; and (c) to the extent applicable, pass through an increase in the cost of any third-party software, license or service that was pre-approved by the Customer and is used solely for the provision of the Services, provided that in any case Aptum has notified the Customer no less than sixty (60) days in advance of such increase excepting where Aptum itself has received less than sixty (60) days advance notice, in which case it shall give as much notice as it is reasonably able.
FEE INCREASES. The following right for Capita to increase the fees shall apply in place of Capita’s right at Section 9.7 of the Master Terms: The then current fees (including any Licence Fees, Support Fees, Hosting Fees and any Professional Services rates) shall be subject to an adjustment effective 1 April of each calendar year by a percentage equal to the average percentage increase in the Retail Price Index published by the Office for National Statistics (or its replacement index) during the twelve (12) month period immediately prior to 1 January of the relevant calendar year in which the adjustment is to take effect, provided that the rate of increase shall always be 0% or greater. THIRD PARTY SOFTWARE: Integration with Third Party Software is not required Where the Customer is a Public Authority, the Customer shall be entitled to terminate the Agreement and to recover from Capita, subject to Section 14 (Limitations on Liability) of the Master Terms, the amount of any direct loss resulting from such determination if Capita has offered, given or agreed to give to any person any gift or consideration of any kind as an inducement or reward for doing or forbearing to do or for having done or forborne to do any action in relation to the obtaining or execution of this Agreement or any other agreement with the Customer or for showing or forbearing to show favour or disfavour to any person in relation to this Agreement or any other agreement with the Customer or if any like acts shall have been done by any person employed by it or acting on its behalf (with the knowledge of Capita) or if in relation to any agreement with the Customer, Capita or any person employed by it or acting on its behalf shall have committed any offence under the Prevention of Corruption Acts 1889 to 1916 or shall have given any fee or reward the receipt of which is an offence under subsection (2) of Section 117 of the Local Government Act 1972. Where the Customer is a Public Authority, Capita shall indemnify the Customer against all claims and proceedings made or brought against the Customer in respect of any breach referred to in the paragraph directly above in this section, provided that such breach was entirely due to Capita or to one within its control or influence and provided further that the Customer mitigates all losses suffered in connection with this indemnity. Where the Customer is a Public Authority, Capita shall during the Usage Period maintain in force with a reputable insurance company ...

Examples of FEE INCREASES in a sentence

  • FOLLOWING THE END OF THE INITIAL TERM, THE TERM WILL AUTOMATICALLY RENEW (SUBJECT TO ANY FEE INCREASES STATED IN SECTION 4) CONTINUOUSLY FOR THE SAME LENGTH AS THE INITIAL TERM UNLESS EITHER PARTY GIVES WRITTEN NOTICE PRIOR TO THE END OF THE INITIAL OR ANY RENEWAL TERM OF ITS INTENTION TO TERMINATE.

  • FEE INCREASES On each annual anniversary date of this Agreement, the fees enumerated above will be increased by the change in the Consumer Price Index for the Northeast region (CPI) for the twelve-month period ending with the month preceding such annual anniversary date.

  • FEE INCREASES On each annual anniversary date of this Agreement, the fees enumerated above will be increased by the change in the Consumer Price Index for the Northeast region (CPI) for the twelve month period ending with the month preceding such annual anniversary date.

  • FEE INCREASES ON EACH ANNUAL ANNIVERSARY DATE OF THIS AGREEMENT, THE FEES ENUMERATED ABOVE WILL BE INCREASED BY THE CHANGE IN THE CUSTOMER PRICE INDEX FOR THE NORTHEAST REGION (CPI) FOR THE TWELVE MONTH PERIOD ENDING WITH THE MONTH PRECEDING SUCH ANNUAL ANNIVERSARY DATE.

  • FEE INCREASES On each annual anniversary date of this Agreement, the fees enumerated above will be increased by the change in the Consumer Price Index for the New York/Northern New Jersey (CPI) for the twelve month period ending with the month preceding such annual anniversary date.

  • FEE INCREASES The fees enumerated above will be guaranteed for a period of three years from the date of this Agreement.

  • FEE INCREASES ------------- On each annual anniversary date of this Agreement, the fees enumerated above (except for the ▇▇▇ Plan fees) will be increased by the lesser of, the change in the Consumer Price Index for the Northeast region (CPI), or the overall inflation rate for the twelve month period ending with the month preceding such annual anniversary date.

  • Definitions 2 ARTICLE III SERVICING FEE; INCREASES AND REDUCTIONS IN THE SERIES OUTSTANDING AMOUNT Section 3.01.

Related to FEE INCREASES

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $15,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Increase Amount is defined in Section 2.3(a).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).