Periodic Adjustment. The rate of the royalty set forth in Section 8.1 of this Article shall be reviewed annually by the parties no later than 45 days following the end of each year to ensure that it continues to reflect the arm’s-length value of the rights granted to Licensee under the terms of this Agreement. If any change to the royalty rate is determined by the mutual agreement of the parties to be appropriate for this purpose, then an appropriate amendment to this Agreement shall be executed by the parties.
Periodic Adjustment. The royalty percentage may be reviewed periodically by the Parties to ensure that it continues to reflect the arm’s length value of the licenses and rights granted to Licensee under the terms of this Agreement.
Periodic Adjustment. Beginning thirty (30) months after the Commencement Date, and every thirty (30) months thereafter, the then-payable Base Monthly Rent shall be increased by seven and 50/100 percent (7.50%).
Periodic Adjustment. Seller shall regularly monitor, evaluate, and adjust, as appropriate, its Security Plan in light of any relevant changes in applicable law and regulations, technology, the sensitivity of the Raytheon Data, internal or external threats to the Raytheon Data, requests from Raytheon, and Seller’s own changing business arrangements, such as mergers and acquisitions, alliances and joint ventures, outsourcing arrangements, and changes to information systems.
Periodic Adjustment. The rate of the royalty set forth in Section 3.1 of this Article III may be reviewed periodically by the parties to provide that it continues to reflect the arm's-length value of the rights granted to Licensee under the terms of this Agreement. If any change to the royalty rate is determined by the mutual agreement of the parties to be appropriate for this purpose, then an appropriate amendment to this Agreement shall be executed by the parties, as provided in Section 9.4 of this Agreement. Such periodic adjustments may be retroactive, as determined jointly by the parties.
Periodic Adjustment. At the conclusion of each period of five (5) consecutive contract years under this Agreement (i.e. conclusion of contract years 5, 10, 15, 20, 25, 30, 35, 40, 45 and 50), Rent shall be increased seven percent (7%) and the adjusted Rent rate shall be in effect for the ensuing period of five (5) consecutive contract years.
Periodic Adjustment. At the conclusion of each period of five (5) consecutive contract years under this Agreement (i.e. conclusion of contract years 5, 10, 15, 20, 25, 30, 35, 40, 45, and 50), CAM Charges shall be increased seven percent (7%) and the adjusted CAM Charges shall be in effect for the ensuing period of five (5) consecutive contract years.
Periodic Adjustment. The parties agree that the present job rates and administrative costs will remain the same until the parties mutually agree to different rates and/or administrative costs. In the event of adjustment, the rates will be approved by the Commissioner prior to implementation.
Periodic Adjustment. By April 15th of each year/ every even-numbered year/ every third year, the parents shall exchange complete income information, including W-2 statements and all schedules. The parents shall also provide verification of the current child care and/or camp expenses, if applicable. The child support obligations shall be recalculated according to the formula set forth herein and the new child support obligation shall commence on May 1st.
Periodic Adjustment. Notwithstanding anything to the contrary provided in section 1.4(a) hereof, the Participants shall evaluate the Cost Shares, no less frequently than annually, to determine whether the General Benefit Trademark Costs are shared in a manner that is proportionate to the benefits reasonably anticipated to be derived by each participant from the Agreement, taking into account changes in economic conditions, the business operations and practices of the Participants, the terms of each License, and the ongoing development of the licensed Trademarks. If the Participants determine that the General Benefit Trademark Costs are shared in a manner that is not likely to reflect the relative benefits reasonably expected to be received by each, then the Participants shall make adjustments to the Cost Shares, on a prospective basis, or terminate the Agreement in accordance with Article 4 hereof, as appropriate.
