Common use of Pricing Variations Clause in Contracts

Pricing Variations. All Prices shall remain firm for a minimum period of twelve months from the Commencement of Full Operations. On the first anniversary of the Commencement of Full Operations, and annually thereafter the Supplier shall be entitled to request the Authority reviews the Contract Price. For the avoidance of doubt, there shall be no increase to the Contract Price except where prior written approval has been given by the Authority. Any price increase agreed by the Authority, for whatever reason, shall not exceed the % increase in the agreed Index. Please supply an Index to be used.

Pricing Variations. All Prices shall remain firm for a minimum period of twelve months from the Commencement of Full Operations. On the first anniversary of the Commencement of Full Operations, and annually thereafter the Supplier shall be entitled to request the Authority reviews the Contract Price. For the avoidance of doubt, there shall be no increase to the Contract Price except where prior written approval has been given by the Authority. Any price increase agreed by the Authority, for whatever reason, shall not exceed the % increase in the agreed Index. Please supply an Index to be used. We will maintain the price for xxxx redacted text xxxx.