Escalator Clause Samples

Escalator. For each escalator unit subject to this Agreement, the minimum preventive maintenance requirements that are placed on the Contractor shall include, but are not limited to, the following tasks: 6.1 Inspect, lubricate, and clean the stop and start switches including the contacts, wiring, and springs. 6.2 Remove the floor plate at lower end; inspect, clean, and lubricate the step chains. 6.3 Inspect, clean, and lubricate the step wheels. 6.4 Inspect, clean, and lubricate the mechanical parts included in the escalators, including the machine, sprockets, worms, gears, motor, brake magnet coils, brake linings, bearings, chains, main drive broken chain device, non-reversing switch, emergency brake switch, governor switch, and the handrail tension device. 6.5 Inspect and clean the handrails and splices, and check the handrails for adequate tension. 6.6 Inspect, clean, and lubricate the contacts, connections, holders, brush rigging, commutations, and undercutting. 6.7 Check the temperature rise of machine bearings, brake coils, controller coils, and contacts. 6.8 Inspect the main drive brake and pawl brakes. 6.9 Inspect the step risers, balustrades, skirt and curtain guards, paying particular attention to clearances, projections, and shear and tripping hazards. 6.10 Inspect and clean the handrail brush. 6.11 Check comb plate lighting. 6.12 Check comb plates and floor plates for wear which might pose a tripping or slipping hazard. 6.13 Inspect, clean, and lubricate all machine room equipment, including but not limited to: contacts and connect reverse phase relays. Check operating voltage. 6.14 Inspect and clean the controller fuses, holders, and connections. 6.15 Inspect the motor and armature and clean with a blower or vacuum. 6.16 Inspect all motor connections. 6.17 Check the armature and rotor clearances. 6.18 Inspect and clean the comb teeth, paying particular attention to broken or bent comb teeth as well as clearances between the teeth and the treads, loose screws, and lighting. 6.19 Inspect the machines for leaks. 6.20 Inspect, clean, and lubricate the canvas tread step wheels. 6.21 Clean the controllers with a blower. 6.22 Check alignment of the controller switches. 6.23 Inspect, clean, and lubricate the controller hinge pins. 6.24 Inspect, clean, and lubricate all controller equipment, including but not limited to resistor tubes and grids. 6.25 Check the oil in the overload relays. 6.26 Inspect the overloads. 6.27 Inspect and clean the motor commutators. 6....

Escalator. All payments of the Deferred Purchase Price shall be subject to the Escalator as provided in Section 2(b) of the Contract.

Escalator. Commencing with the 2016/17 negotiations, and continuing thereafter, the District’s required contribution for medical insurance premiums will be adjusted by the same percentage that is applied to the salary schedule for that year. The District’s required contribution for all medical premiums (Actives and Retirees) shall be included with salary costs when computing the cost of applying an adjustment to the salary schedule and to the District’s required contribution for medical insurance premiums.

Escalator. The Parties agree to an adjustment of the lease rate (i.e. adjustment for inflation) every three (3) year using the U.S. Consumer Price Index (“CPI”) for all urban consumers for all items as published by the Bureau of Labor and Statistics of the Department of Labor with a cap of a 5% increase during any given adjustment period, with formula details to be included and negotiated in good faith in the lease documentation.

Escalator. To incentivize an earlier start to Project construction and to account for inflation and potential additional cost escalation over time, in the event the Developer has not either (i) Commenced Construction of the Project or (ii) obtained the Superstructure permit for the Project within three (3) years after the Effective Date of this Agreement, the amount of the Town Square Contribution shall be increased by five percent (5%) per year thereafter (compounded annually) until paid to the City. Force Majeure Delay pursuant to Section 3.2.2 shall not apply to postpone applying this escalator provision to the Town Square Contribution.

Escalator. The "Escalator" shall be six (6%) percent PER ANNUM simple interest prorated monthly commencing to run on the date of the Phase I Closing until the date of the next Phase Closing.

Escalator. Except for the Interim Sites, the License Fee shall be increased on the first (1st) day of the first (1st) month following the first (1st) anniversary of the SLA Commencement Date and annually thereafter by two and one-half percent (2.5%) (“Escalation Rate”) over the License Fee for the immediately preceding year. The License Fee shall be payable to LICENSOR at the address and on the terms identified in the SLA.

Escalator. The settlement negotiations are premised on the representation that 1,286 putative class members worked a total of 81,364 workweeks during the time period of January 14, 2016 to November 15, 2021. If the Administrator determines that either a) the total number of pay periods during the Covered Period exceeds 81,364 Work Weeks by more than 10%, or b) the total number of Class Members during the Covered Period exceeds 1,286 by more than 10% during the Class Period, then Defendant will increase the Gross Settlement Amount proportionally by the amount over 10% (e.g., if the number of Work Weeks increases by 11%, the Gross Settlement Amount will increase by 1%). If the Administrator makes such a determination, it shall notify PAGA Counsel and Defendant’s counsel at the same time it sends out the notice to the Class Members.

Escalator. The minimum hourly fee shall increase by ***% --------- at the end of years ***.