Escalation Factor Sample Clauses

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
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Escalation Factor. Delete from the definition of Escalation Factor the percentage 15.93 and insert in lieu thereof the percentage 16.78.
Sample 1See All (4)
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+ − cap )× CPIy ⎞ ⎟ CPI 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
Sample 1Sample 2
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: Where:
Sample 1
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. ***
Sample 1
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%.
Sample 1
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:
Sample 1
AutoNDA by SimpleDocs
Escalation Factor. The term “Escalation Factor” set forth in Section LA of the Original Lease is hereby deleted in its entirety, and the following is inserted in its stead: Escalation Factor: 27.71%, as computed in accordance with the Escalation Factor Computation. To the extent the size of the Premises changes pursuant to this Lease, the Escalation Factor shall be adjusted accordingly.
Sample 1
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.
Sample 1

Related to Escalation Factor

  • Adjustment Date 6 Advance.......................................................................6 Affiliate.....................................................................6 Agreement.....................................................................6

  • Base Rent Adjustment (a) The BASE RENT (subject to adjustment as set forth in Section 1.08(a) above) payable during the EXTENDED TERM, subject to the provisions of part (b) of this Section 3.03, shall be increased from the BASE RENT payable immediately prior to the first month of the EXTENDED TERM to the then fair market rental rate determined in connection with part (b) of this Section 3.03.

  • Market Adjustment The parties to this Agreement recognize the appropriateness of market pay adjustments in rare instances for compelling reasons. To effectuate judgments in such cases, the President and AAUP Chapter President, in consultation, shall each name three (3) individuals to a university Market Evaluation Committee. Deans may submit recommendations for market pay adjustments with supporting written reasons to the Committee. Said Committee shall consult with the President concerning proposed market pay adjustments reporting its advice not later than May 15 in each year. Upon the favorable recommendation of the President and the BOR President, market pay adjustments may be approved effective at the beginning of that pay period including September 1 of the following year. Not more than one (1) market pay adjustment per one hundred (100) full-time members, or fraction thereof, may be recommended in any contract year. A member’s salary may not be increased beyond the maximum for the rank. Funding for this program shall be governed by Article 12.10.2.

  • CPI Adjustment In this Contract*, “CPI-Adjusted*” in reference to an amount means that amount is adjusted under the following formula: N = C × (1+ CPIn − CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Adjustment Factor The Bidder’s competitively bid price adjustment to the unit prices published in the Construction Task Catalog®.

  • Market Adjustments 22. Neither this Article nor any other in this Collective Agreement prevents the Employer from using other funds to increase a Member’s salary in response to offers received from other employers or to accommodate other market forces.

  • Base Rent Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Supervisory Differential Adjustment 99. The Appointing Officer may adjust the compensation of a supervisory employee whose schedule of compensation is set herein subject to the following conditions:

  • PRICE ESCALATION/DE-ESCALATION (CPI) The County may allow a price escalation provision within this award. The original contract prices shall be firm for the entirety of the initial (1 year) contract period. A price escalation/de-escalation will be considered at the time of contract renewal and at 1-year intervals thereafter, provided the Contractor notifies the County, in writing, of the pending price escalation/de-escalation a minimum of sixty (60) days prior to the contract renewal date. Price adjustments shall be based on the latest version of the Consumers Price Index (CPI-U) for All Urban Consumers, All Items, U.S. City Average, non-seasonal, as published by the U.S. Department of Labor, Bureau of Labor Statistics. This information is available at xxx.xxx.xxx. Price adjustment shall be calculated by applying the simple percentage model to the CPI data. This method is defined as subtracting the base period index value (at the time of initial award) from the index value at time of calculation (latest version of the CPI published as of the date of request for price adjustment), divided by the base period index value to identify percentage of change, then multiplying the percentage of change by 100 to identify the percentage change. Formula is as follows: Current Index – Base Index / Base Index = % of Change % of Change x 100 = Percentage Change CPI-U Calculation Example: CPI for current period 232.945 Less CPI for base period 229.815 Equals index point change 3.130 Divided by base period CPI 229.815 Equals 0.0136 Result multiplied by 100 0.0136 x 100 Equals percent change 1.4% A price increase may be requested only at each time interval specified above, using the methodology outlined in this section. To request a price increase, Contractor shall submit a letter stating the percentage amount of the requested increase and adjusted price to the Orange County Procurement Division. The letter shall include the complete calculation utilizing the formula above, and a copy of the CPI-U index table used in the calculation. The maximum allowable increase shall not exceed 4%, unless authorized by the Manager, Procurement Division. If approved, the price adjustment shall become effective on the contract renewal date. All price adjustments must be accepted by the Manager, Procurement Division and shall be memorialized by written amendment to this contract. No retroactive contract price adjustments will be allowed. Should the CPI-U for All Urban Consumers, All Items, U.S City Average, as published by the U.S. Department of Labor, Bureau of Labor Statistics decrease during the term of the contract, or any renewals, the Contractor shall notify the Orange County Procurement Division of price decreases in the method outlined above. If approved, the price adjustment shall become effective on the contract renewal date. If the Contractor fails to pass the decrease on to the County, the County reserves the right to place the Contractor in default, cancel the award, and remove the Contractor from the County Vendor List for a period of time deemed suitable by the County. In the event of this occurrence, the County further reserves the right to utilize any options as stated herein.

  • ADJUSTMENT FACTORS The Contractor will perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors. See the General Terms and Conditions for additional information.

Time is Money Join Law Insider Premium to draft better contracts faster.