Fee Increase. (a) Upon receipt of a Fee Increase Notice under clause 9.1, the Client may: (i) propose an alternative and the parties may agree to a mutual variation of this Agreement; (ii) negotiate a new agreement with S01VE; or (iii) elect to terminate the Agreement by notice in writing by specifying a termination date that is no later than the last day of the Fee Increase Notice Period. (b) The Client acknowledges and agrees that where the Client has not exercised its right under clause 9.2(a)(iii): (i) the Client shall be taken to have accepted the Fee increase on the terms of the Fee Increase Notice; and (ii) the Fee increase shall apply in respect of any supply of Service by S01VE to the Client after the Fee Increase Notice Period.
Appears in 1 contract
Sources: Terms and Conditions of Service
Fee Increase. (a) Upon receipt of a Fee Increase Notice under clause 9.1, the Client may:
(i) propose an alternative and the parties may agree to a mutual variation of this Agreement;
(ii) negotiate a new agreement with S01VEEvologic; or
(iii) elect to terminate the Agreement by notice in writing by specifying a termination date that is no later than the last day of the Fee Increase Notice Period.
(b) The Client acknowledges and agrees that where the Client has not exercised its right under clause 9.2(a)(iii):
(i) the Client shall be taken to have accepted the Fee increase on the terms of the Fee Increase Notice; and
(ii) the Fee increase shall apply in respect of any supply of Service by S01VE Evologic to the Client after the Fee Increase Notice Period.
Appears in 1 contract
Sources: Terms and Conditions of Service
Fee Increase. (a) Upon receipt of a Fee Increase Notice under clause 9.1, the Client may:
(i) propose an alternative and the parties may agree to a mutual variation of this Agreement;
(ii) negotiate a new agreement with S01VEPowernet; or
(iii) elect to terminate the Agreement by notice in writing by specifying a termination date that is no later than the last day of the Fee Increase Notice Period.
(b) The Client acknowledges and agrees that where the Client has not exercised its right under clause 9.2(a)(iii):
(i) the Client shall be taken to have accepted the Fee increase on the terms of the Fee Increase Notice; and
(ii) the Fee increase shall apply in respect of any supply of Service by S01VE Powernet to the Client after the Fee Increase Notice Period.
Appears in 1 contract
Sources: Terms and Conditions of Service
Fee Increase. (a) Upon receipt of a Fee Increase Notice under clause 9.1, the Client may:
(i) propose an alternative and the parties may agree to a mutual variation of this Agreement;
(ii) negotiate a new agreement with S01VEVITG; or
(iii) elect to terminate the Agreement by notice in writing by specifying a termination date that is no later than the last day of the Fee Increase Notice Period.
(b) The Client acknowledges and agrees that where the Client has not exercised its right under clause 9.2(a)(iii):
(i) the Client shall be taken to have accepted the Fee increase on the terms of the Fee Increase Notice; and
(ii) the Fee increase shall apply in respect of any supply of Service by S01VE VITG to the Client after the Fee Increase Notice Period.
Appears in 1 contract
Sources: Terms and Conditions of Service