Annual Escalation definition

Annual Escalation means an inflation based adjustment to the Service Charges for service which shall be calculated annually utilizing the Agreed Index. Annual Escalation will be effective January 1 of each calendar year. The invoicing of Annual Escalation will be implemented, and back invoiced as appropriate, on the next applicable invoice date in each calendar year after when the BLS releases the relevant inflation index information.
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Annual Escalation means the amount by which the charges are increased from time- to-time and set out in clause 10.6 hereunder;
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Annual Escalation means the Consumer Price Index (BES Series ID: CUURA208SA0) for the Detroit Metro Region (Detroit-▇▇▇ Arbor-Flint, MI), as published by the United States Department of Labor, Bureau of Labor Statistics, for which the base year is 1982-84 = 100, or if such publication ceases to be in existence, a comparable index selected by MDOT and approved by the Project Company, acting reasonably. If such index is revised so that the base year differs from that specified above, the Annual Escalation Rate shall be converted in accordance with the conversion factor published by the United States Department of Labor, Bureau of Labor Statistics. If the Bureau of Labor Statistics otherwise alters its method of calculating such index, including modifying the cities representing the Detroit Metro region, the Parties shall mutually determine appropriate adjustments in the affected index.
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Examples of Annual Escalation in a sentence

  • The Annual Escalation % shall be applied 100% to personnel salaries (unless otherwise authorized by the City Manager), and not to be applied as an increase to the contractor’s Burden %.

  • The Rate of Return and the Annual Escalation Rate reflected in the initial Exhibit C shall remain the same throughout the term of this Grant of Term Easement.

  • As of January 1 of each calendar year (commencing with January 1, 2016), the Operator Liability Limit will be increased by an amount equal to the sum of (i) the then applicable Operator Liability Limit plus (ii) the product of the Annual Escalation Factor multiplied by the then applicable Operator Liability Limit.

  • For each annual Access Term after the initial Access Term, the Services fee automatically increases by the annual escalation stated on the Order or, if none is stated, by 3% ("Annual Escalation").

  • Notwithstanding the above, in no event shall the Gathering Fee for the term of the Agreement exceed [***] or be less than [***] excluding adjustments to the Gathering Fee that result from operation of the following provisions in the Gathering and Treating Agreement: Subsection 4.2 (Annual Escalation), Subsection 9.2 (Annual Volume Commitments), Subsection 10 (Favored Nations), and Subsection 8.1(c) (Pressure), Section 6 (Expansion Capacity), and Section 7 (Additional Services).

  • Modifications in the lease contract amount, Annual Escalation charges and any other service charges shall be performed based on the order of finance Department, Govt of Kerala.

  • If the Annual Escalation for the relevant twelve-month period is negative then it shall be deemed to be zero for the purpose of the Agreement.

  • Third Party Content and third party software fee increases may exceed the Annual Escalation.

  • Operating cost escalation is "[Insert Operating Cost Annual Escalation]" to be added to the annual operating cost beginning on the first day of the 13th month of occupancy and annually thereafter.

  • Annual Escalation The Monthly Fee will escalate annually on the first day of [●] each year in line with CPI (or at such other comparable rate as may be notified in writing by the Provider to the Customer on no less than 30 days' written notice).

Related to Annual Escalation

  • De-escalation means the use of a behavior management technique that helps a student increase the student’s control over the student’s emotions and behavior and results in a reduction of a present or potential level of danger that in turn reduces the level of imminent danger of serious physical harm to the student or others.

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.