Cost Escalation. The Joint Parties agree to use an escalation rate of 1.106 for escalating labor expenses from 2001 dollars to 2004 dollars. For escalating non-labor O&M expenses, the Joint Parties mutually agree to use 1.076. The labor, non-labor and other expense allocations for purposes of escalating from 2001 dollars to 2004 dollars are set forth in Appendix C hereto.
Cost Escalation. Costs in this Agreement shall remain fixed for the first twelve (12) months. Thereafter, not withstanding installation of new versions, cost may only be increased by the Vendor delivering to the Customer, not less than thirty (30) Calendar Days prior to the effective annual payment date, a written notification of such increase, AND then only within the limitations cap provided in Section 9.0 of this Software Maintenance Agreement.
Cost Escalation. Each Construction Contractor shall pay the cost of any material or labor escalation required for the Work to be properly completed.
Cost Escalation. The price is based on costs prevailing at the date of the proposal and unless the contracted price is fixed and firm, any variation in such costs occurring between the tender date and date of payment shall be to the account of the Customer in accordance with the prevailing indices published by CPI (Consumer Price Index).
Cost Escalation. The Corporation may meet any cost overrun of the projects except where such escalation is because of factors beyond the control of the Corporation like delay in alienation of land for the project, delay in finalization of plan by the requisitioning agency, delay in receipt of administrative approval and substantial modification to plans requiring major structural changes and for the reasons not attributable to the Corporation. The requisitioning authority shall also bear differential cost in the event of upward rise of the schedule of rates, increase in price of cement, steel and bitumen as per Government of Odisha, Works Department Letter No. 5608/W, dt. 03.04.2007.
Cost Escalation. A. The Purchaser/s hereby agree/s and confirm/s that the purchase price of the said flat is fixed on the basis of the prevailing cost at the time of reservation of flat, the cost of steel, cement and other construction materials as well as the amenities, which will be provided while constructing and developing said properties and putting up construction of the towers and providing said flat; however, in the event of there being any substantial escalation in the price of cement, steel and other construction materials and/or labour charges as well as the amenities provided in the said flat, in that event the Developers will be entitled to seek escalation in the price of sale of the said flat in proportion to the escalation in price of the construction material/larbour charges and cost of amenities which will be utilized by the Developers while carrying out the development work.
Cost Escalation. The material costs component of this agreement has been calculated based on current market prices for materials. However, these prices are volatile, and sudden price increases or lack of available inventory may occur during performance of this agreement. Should after execution of this agreement an increase in the costs of materials and/or a lack of available materials occur, Customer hereby agrees that Dialum S.A. shall be entitled to an equitable adjustment to the agreement price and time. Any claim by Dialum S.A. for an equitable adjustment in price and time shall be made pursuant to materials adjustment notice to Customer. The lack of available inventory of materials shall not be considered an event causing delay to the project or delivery schedule (if any) for any reason.
