Common use of Cost of Living Increase Clause in Contracts

Cost of Living Increase. The minimum fee set forth in this Schedule may increase annually upon each March 1 anniversary of this Agreement over the minimum fee during the prior 12 months, as calculated under this Schedule, in an amount equal to the increase in Pennsylvania Consumer Price Index (not to exceed 6% annually) as last reported by the U.S. Bureau of Labor Statistics for the twelve months immediately preceding such anniversary.

Appears in 5 contracts

Samples: Agreement (Federated Arms Fund), Agreement (Federated Core Trust/Pa), Agreement (Federated Government Income Securities Inc)

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Cost of Living Increase. The minimum fee set forth in this Schedule may increase annually upon each March December 1 anniversary of this Agreement over the minimum fee during the prior 12 months, as calculated under this Schedule, in an amount equal to the increase in Pennsylvania Consumer Price Index (not to exceed 6% annually) as last reported by the U.S. Bureau of Labor Statistics for the twelve months immediately preceding such anniversary.

Appears in 2 contracts

Samples: WCT Funds, WCT Funds

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Cost of Living Increase. The minimum fee set forth in this Schedule may increase annually upon each March September 1 anniversary of this Agreement over the minimum fee during the prior 12 months, as calculated under this Schedule, in an amount equal to the increase in Pennsylvania Consumer Price Index (not to exceed 6% annually) as last reported by the U.S. Bureau of Labor Statistics for the twelve months immediately preceding such anniversary.

Appears in 1 contract

Samples: WCT Funds

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