Common use of PRICE OF THE SERVICE Clause in Contracts

PRICE OF THE SERVICE. The price of the service is detailed in Appendix 3 of this present agreement. The price shall include: · an all-in implementation fee for the creation of the service, · a fixed commission for each addition or withdrawal of accounts; · a monthly operating fee, on a flat basis or proportional to the number of swept accounts; · where necessary: · a subscription for electronic account statement(s) including sweeps, · a monthly commission for each of the statements or services requested: · periodic statements of cumulative sweeps · Infra-group interest calculation, posting and reporting · Preparatory statement for Central Bank reporting · Daily intra-group loan The total invoice shall be charged to the account(s) held in the books of SOCIETE GENERALE GROUP’S BANK indicated in Appendix. The monthly operating commission can be invoiced to each PARTICIPATING COMPANY. The CONTRACTING BANK reserves the right to revise its prices. New prices will come into effect three months after notice to the INTERNATIONAL POOL LEADER. Where the INTERNATIONAL POOL LEADER fails to object within two months after notification, the INTERNATIONAL POOL LEADER shall be deemed to have approved the price revision.