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. All payments of the Deferred Purchase Price shall be subject to the Escalator as provided in Section 2(b) of the Contract.
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. All costs set forth in Schedule A shall be subject to escalation or de-escalation based on actual increases or decreases in costs incurred by the City. Written documentation of said increases shall be provided by the City to the District as these increases occur. APPROVED this day of , 2016. CITY OF MONTROSE ATTEST: Xxxxx Xxxxxx, Mayor Xxxx XxxXxxxxxx, City Clerk MONTROSE RECREATION DISTRICT ATTEST: Xxxx Xxxx, President Xxxxx Xxxxx, Secretary Xxxxxx Xxxxxx 2 Acre Soccer Field Exhibit A
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. 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. In the event the number of workweeks in the Class Period increased by more than 10% above 2,100, Plaintiffs shall have the right to terminate the Settlement or negotiate a pro rata adjustment of the Gross Settlement Amount for the workweeks worked over 10% of 2,100.
Escalator. The minimum hourly fee shall increase by ***% --------- at the end of years ***.
Escalator. 16.1. Monetary contributions as set forth in this Proffer Statement that are paid to the Town of Front Royal and/or Xxxxxx County after 24 months from the date of rezoning approval shall be adjusted in accordance with the Urban Consumer Price Index (“CPI-U”), as published by the United States Department of Labor. The adjustment shall be calculated from the CPI-U published most nearly to and following January 1st from that date 24 months after rezoning approval and the date the contributions are paid, subject to a cap of 3% per year, non- compounded. SIGNATURES APPEAR ON THE FOLLOWING PAGE OWNER: FRONT ROYAL LIMITED PARTNERSHIP, a Virginia limited Partnership By: MVA Limited Partnership, general partner of Front Royal Limited Partnership By: DOC Corporation, general partner of MVA Limited Partnership By: Xxxxx X. Xxxxxxx, President of DOC Corporation
Escalator. Automatic, Catalog or Price List Unit prices listed in the specific catalog or price list offered shall constitute the base price unit or unless changed by the publisher of the catalog or price list. A vendor may increase and shall decrease the price of individual products during the term of the contract to reflect changes in the catalog or price lists. The vendor agrees to furnish proof of such price changes upon request. Catalog item changes are limited to one change per 365 days.
