Price Index Change definition

Price Index Change means the amount of the percentage change in the Price Index (calculated by averaging the annual Price Index change for the four (4) fiscal quarters immediately preceding the date of the applicable fee increase) plus the percentage increment specified in the Order, provided, in all cases, the minimum aggregate pricing change during any 12-month period shall not be less than two percent (2%) of the fees then applicable to the Solution or other products or service.
View Source

Examples of Price Index Change in a sentence

  • Calculate the average of the Price Index Change Percentages calculated in Step 3.

  • On an annual basis, FIS may increase recurring fees for the Solution or other products and services stated in the Order, including the Support Fees under Section 9.4 and fees for services provided under Section 8, by the Price Index Change.

  • Each Price Index will have its own Price Index Change Percentage.

  • Calculate the percentage of change of the Price Index Annual Average Values by dividing the Price Index Change Value by the Price Index Annual Average Value of the Year prior to the Year preceding the Contract Year.

  • On an annual basis, FIS may increase recurring fees for the Solution or other products and services stated on the Order, including the Support Fees under Section 9.4 and fees for services provided under Section 8, by the Price Index Change.