Increase in Host Fee Sample Clauses

Increase in Host Fee. Every Five (5) years on the anniversary of the Effective Date the Earned Host Fee shall increase by the greater of five percent (5%) or a percentage equal to the percentage increase in the Consumer Price Index for All Urban Consumers (the Midwest region, all items, with base 1982-84=100) published by the Bureau of Labor Statistics of the United States Department of Labor (“CPI”) during the expiring five year period. This shall be calculated by multiplying the then current Earned Host Fee by a fraction the denominator of which shall be the CPI for the month of the Effective Date and after the first adjustment the date of the most recent adjustment of the Earned Host Fee, and the numerator of which shall be the CPI for the month of the 5th anniversary of the Effective Date, or the most recent available figure. In the event that the CPI (or a successor or substitute index) is not available, a reliable government or other nonpartisan publication which evaluates the information previously used in determining the CPI will be used in lieu of the CPI. Increase in the Consumer Price Index (“CPI”). However, any such rate increases shall never result in the host fee exceeding the rate of $2.00/ton.
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Related to Increase in Host Fee

  • Increase in Hours When additional hours are assigned to a part-time position on a regular basis, the assignment shall be offered to the employee in the appropriate class with the greatest bargaining unit seniority. If the senior employee declines the assignment, it shall be offered to the remaining employees in the class in descending order of bargaining unit seniority until the assignment is made.

  • Renewal Fee Borrower agrees to pay a fee equal to one-quarter of one percent (0.25%) of the Bank’s committed amount for the Line of Credit upon any renewal of the Line of Credit.

  • Increase in Limits If either Lessor or Lessee at any time deems the limits of the personal injury or property damage under the comprehensive public liability insurance then carried to be either excessive or insufficient, Lessor and Lessee shall endeavor in good faith to agree on the proper and reasonable limits for such insurance to be carried and such insurance shall thereafter be carried with the limits thus agreed on until further change pursuant to the provisions of this Article 13.

  • Fee Increases S&P reserves the right to increase its fees under this Order Schedule effective on the anniversary of the Commencement Date by providing at least sixty (60) days advance written notice to Licensee prior to the expiration of the Term then in effect.

  • Rental Fee Is for one day only from 8:00 am to 12:00 midnight. Groups or Individuals requiring more than one day for their event will be charged a rental fee for each day required – no exceptions.