Common use of Cost of Living Increase Clause in Contracts

Cost of Living Increase. The fees and expenses set forth in this Schedule may increase annually upon each March 1 anniversary of this Agreement over the fees and expenses during the prior 12 months, as calculated under this Schedule, in an amount equal to the annual percentage increase of the Boston, Massachusetts 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 Government Income Securities Inc), Agreement (Federated Core Trust/Pa), Agreement (Federated Fund for Us Government Securities Inc)

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