No Increase Sample Clauses

The "No Increase" clause serves to prohibit any upward adjustment of prices, fees, or costs specified in a contract after the agreement has been executed. In practice, this means that the supplier or service provider cannot raise their charges for the duration of the contract, regardless of changes in market conditions, inflation, or increased costs of materials. This clause ensures price stability for the buyer and protects them from unexpected financial burdens, thereby providing predictability and controlling budget risks throughout the contractual relationship.
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No Increase. Notwithstanding anything herein to the contrary, the Conversion Price will in no event be increased pursuant to Section 5(h)(iii).
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No Increase. Unless otherwise agreed by the Purchaser and Supplier in accordance with Clause 2.3, 7.2.1 for Own Brand Products (excluding fresh Products), no increase in the Price may be made in the twelve (12) months from the Product Confirmation Letter and any review after that twelve (12) month period will be notified by the Supplier to the Purchaser in writing at least three (3) months for the Purchaser’s consideration. 7.2.2 For Own Brand Fresh Products and all other non-Own Brand Products, any increase in the Price from the Product Confirmation Letter shall be on terms to be agreed between the Supplier and Purchaser.
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No Increase. Any increase in the Borrowing Base shall require the consent of the Required Lenders and in any event shall not, unless otherwise agreed by all of the Lenders in their sole discretion, result in any increase of the Total Commitment or change the amount of the principal payments required during the Term Period.
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No Increase. Implement any general wage increases, but may continue normal salary administration practices, with such changes subject to the review by WKEC prior to Closing.
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No Increase. Tenant shall not do or permit anything to be done in or about the Premises nor bring or keep anything therein which will any way increase the existing rate of or affect any fire or other insurance upon the Building or any of its contents, or cause cancellation of any insurance policy covering said Building or any part thereof or any of its contents or any adjacent buildings.
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No Increase. Rates of pay effective September 1, 2014:
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No Increase. Notwithstanding any of the matters set out in clause 35.3 or clause 35.4, in no circumstances shall the UCsplitCIP2 and UCsplit2, be increased as a result of any Premises Review or acceptance by the Authority of any proposals set out in a Premises Report.
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No Increase. Tenant shall not pay any rent increase.
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Related to No Increase

  • No Increases The City will not increase the Schedule of Rates and Charges during the Master Agreement term.

  • Merit Increases i) Subject to documented assessment and performance review undertaken pursuant to the Performance Management System, an employee on her anniversary date may be granted an increase of up to five (5) pay increments in the pay scale, not to exceed the control point maximum. ii) The Employer shall notify the employee in writing when an annual increment(s) is not granted or when an annual increment of less than two (2) increments is granted. Such notice shall contain the Employer’s reason(s) as to why the employee’s work performance was not satisfactory. iii) An employee, who has not been granted a merit increase, shall have the right to refer her performance evaluation to the Superintendent or designate for review by the Review Committee that has been established in the employing department. The employee shall have the right to make a written submission to the Review Committee. iv) At the discretion of the Superintendent, anniversary date merit increases, or portions thereof may be delayed and granted at a subsequent date, without change to the employee’s anniversary date. v) Where an employee is not granted a pay increment(s) due to an omission or error, the employee shall be granted the increase on a subsequent date, retroactive to their anniversary date for such increment(s). vi) The number of merit increase pay increments granted for part-time employees should be pro- rated or delayed in relation to length of work periods. vii) Employees paid at or above the control point maximum of the pay range are ineligible for merit increases. viii) It is understood by the Parties that clause 10.07 of the CUPE 2745 Collective Agreement does not apply to scheduled work planning and review or performance appraisal meetings.

  • Step Increases (a) The following is the method used to determine service credit, since the last date of hire, for purposes of positioning on the salary range: i) all continuous service shall be retained and transferred with the employee if she/he changes her/his status from full-time to part- time and vice versa. ii) a part-time employee who changes status to full-time will be given credit on the basis of fifteen hundred (1500) paid hours of part- time being equivalent to one (1) year of full-time service and vice versa. iii) in addition, an employee who is so transferred will be given credit for paid hours accumulated since the date of last advancement. (b) Annual increments for full-time employees shall be paid on their anniversary date. (c) Annual increments for part-time employees shall be paid on the completion of each fifteen hundred (1500) hours worked.

  • Pay Increases The District shall make a lump sum payment of an agreed-upon retroactive wage increase resulting from this contract or any amendments thereto within ninety (90) days of the agreement between the District and the Association.