No Increases Clause Samples
The "No Increases" clause prohibits any upward adjustments to specified amounts, such as prices, fees, or rates, during the term of the agreement. In practice, this means that the party providing goods or services cannot raise their charges after the contract is signed, regardless of changes in market conditions or costs. This clause ensures cost certainty for the paying party and protects them from unexpected financial burdens, thereby promoting budget stability and reducing the risk of disputes over price changes.
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No Increases. Contractor shall not increase the Charges or Maximum Amount due from the Counties under this Agreement for all Services and Deliverables during the term of this Agreement, except as otherwise specifically permitted in the Agreement.
No Increases. CONTRACTOR shall not increase Prices or Charges during the term of this Agreement, except as specifically permitted herein or as otherwise mutually agreed to by the parties in writing and pursuant to Section 17.3.
No Increases. Surplus Capacity will not be increased.
No Increases. Neither the Corporation nor any of its Subsidiaries shall increase the compensation payable or to become payable to officers, employees or consultants, or increase any bonus, insurance, pension or other benefit plan, payment or arrangement made to, for or with any such officers, employees or consultants.
No Increases. Contractor shall not increase the Maximum Amount due from AOC under this Contract for all Services and Deliverables or other amounts during the term of this Contract as described in APPENDIX A, except pursuant to a written amendment to the Contract between the parties. If AOC fails to make timely payment, Contractor may invoice AOC one percent per month on the amount overdue or a minimum of $1. Payment will not be considered late if payment is deposited electronically in Contractor’s bank account or if a check or warrant is postmarked within 30 Days of Acceptance of the System or receipt of Contractor’s properly prepared invoice, whichever is later.
No Increases. The City will not increase the Schedule of Rates and Charges through January 1, 2024. Following that date, any updates to the Schedule of Rates and Charges will be subject to Director approval.
No Increases. The City will not increase the Schedule of Rates and Charges during the Master Agreement term.
No Increases. As provided in Section 2.1.3. there shall be no increases in benefits once payment has commenced pursuant to this Section 2.4.
No Increases. Commencing with the first benefit payment, there shall be no further increases in the amount of the annual benefit.
No Increases. Contractor shall not increase the Charges or Maximum Amount due from the Exchange under this Agreement for all Services and Deliverables during the term of this Agreement, except as otherwise specifically permitted in the Agreement. In addition, no cost of living adjustments shall be permitted in the Agreement.