Escalation Factor Clause Samples
The Escalation Factor clause defines a mechanism for adjusting prices, fees, or payments over time based on a predetermined formula or index. Typically, this clause applies to long-term contracts where costs may increase due to inflation, changes in market rates, or other economic factors; for example, it might specify that annual service fees will rise in line with the Consumer Price Index. Its core practical function is to ensure that compensation remains fair and reflective of changing economic conditions, thereby protecting both parties from the risks associated with cost fluctuations over the contract term.
POPULAR SAMPLE Copied 1 times
Escalation Factor. The escalation factor for any Fiscal Year y will be calculated using the following formula: Where y≤2014: Escalationy = 1 Where y>2014: Escalation = m + ⎛(1 − m )× CPIy ⎞ ⎜ ⎟ y Cap ⎝ cap CPI ⎠2014 Where • mcap = the proportion of the Availability Payment that is associated with the bidder’s cost base that is not subject to movements in indexation and defined as 85% in this Agreement • CPIy = CPI as at July 1 of Fiscal Year y • CPI 2014 = CPI as at July 1, 2014
Escalation Factor. Delete from the definition of Escalation Factor the percentage 15.93 and insert in lieu thereof the percentage 16.78.
Escalation Factor. The escalation factor for any Fiscal Year y will be calculated using the following formula: Where y≤2014: Where y>2014: Escalationy Escalationy = 1 = mCap ⎛ ⎜( m1+ − )× CPIy ⎞ ⎟ Where ⎝ 2014 ⎠ • mcap = the proportion of the Availability Payment that is associated with the bidder’s cost base that is not subject to movements in indexation and defined as 85% in this Agreement • CPIy = CPI for July of Fiscal Year y, provided that if such CPI is not yet published as at the date of calculation it shall be the then most recently published monthly CPI • CPI 2014 = CPI for July 2014
Escalation Factor. “Escalation Factor” for the purposes of the Lease shall equal .2734 as of the Effective Date. All remaining terms and provisions of the Original Lease pertaining to the payment of Rent with respect to the Premises shall remain in full force and effect, and Tenant shall make all other payments pertaining to the Premises which Tenant is required to make pursuant to the Original Lease.
Escalation Factor. Upon the Substitute Premises Commencement Date of April 1, 2024 the Escalation Factor shall increase to 20.20%, as computed in accordance with the Escalation Factor Computation, through the Expiration Date. Unless otherwise agreed by the parties in a further amendment to this Lease, the Escalation Factor shall decrease to 8.85% beginning on the day following the Expiration Date and continue through the Substitute Premises Expiration Date as defined below as the period from August 1, 2026 through April 30, 2027.
Escalation Factor the definition of “Escalation Factor” (also known as the “Proportionate Share”) as continued in Section 1.3 of the Lease shall mean 19.09%.
Escalation Factor. If an escalation factor is used, please state the percentage escalation used and the basis of the factor, such as Data Research Index (DRI), etc.
Escalation Factor. The Escalation Factor applicable to a Month shall be the Escalation Factor determined for the calendar year in which such Month occurs. The Escalation Factor for calendar year 2009 shall be one and the Escalation Factor applicable to calendar year 2010 and each subsequent calendar year shall be determined as follows:
Escalation Factor. These amounts shall not reduce amounts that may become due in the event of a Shutdown. The parties recognize that the District has agreed to defer a significant portion of the Capacity Reservation Charge based on the expectation of continuous operation of Wenatchee Works after the Effective Date. If Shutdowns (as defined below) occur during the Term, additional Capacity Reservation Charges would become due, as follows:
Escalation Factor. The escalation factor by which amounts expressed in July 2002 dollars shall be multiplied to cause such amounts to be expressed in January 2003 dollars (per the Escalation Adjustment) is 1.0202. ***