Annual Escalation Factor definition

Annual Escalation Factor means 2.5%.

Annual Escalation Factor means the lesser of (a) 2.5% and (b) the annual increase of CPI-U, which is defined as the Consumer Price Index, All Urban Consumers (CPI-U), U.S. City Average, using 1982-84 as “Base Period”, as stated by the U.S. Department of Labor, Bureau of Labor Statistics, as based on the percentage of change between the most recent September CPI-U and the September CPI-U from the previous year.

Annual Escalation Factor means an amount equal to the percentage increase during the preceding year in the Consumer Price Index for All Urban Consumers in the San Francisco-Oakland-San Jose metropolitan area (CPI-U), as published by the

Examples of Annual Escalation Factor in a sentence

• 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.

• On each July 1 following its indicated “base year”, the Maximum Special Tax for Taxable Property for a Tax Rate Area shall be increased in accordance with the Annual Escalation Factor.

• To the extent an amendment inadvertently increases the Maximum Special Tax Rate(s) applicable to a Parcel, the Maximum Special Tax Rate(s) (adjusted by any associated Annual Escalation Factor) consented to by the owners of that Parcel at the time the Parcel was annexed to the CFD (or the voter-approved Maximum Special Tax Rate(s)) shall apply to that Parcel.

• Beginning in January 2023 and each January thereafter, the Maximum Special Tax shall be adjusted each fiscal year by Annual Escalation Factor.

• Cost Total Direct Labor Annual Escalation Factor for Direct Labor (%) 3.

More Definitions of Annual Escalation Factor

Annual Escalation Factor means an annual percentage change of three percent (3%).

Annual Escalation Factor means the percentage change during the preceding year in the Consumer Price Index for All Urban Consumers in the San Francisco-Oakland- San Jose area (“CPI-U”), as published by the U.S. Department of Labor, Bureau of Labor Statistics, or 4 percent, whichever is greater. In the case where the annual change in the CPI-U is negative, the annual percentage increase shall be equal to zero. If the CPI- U at any time is no longer available, then a comparable economic indicator, as reasonably determined by District, shall be used.

Annual Escalation Factor means the greater of, five percent (5%) or the annual percentage change in the Consumer Price Index (CPI) of “All Urban Consumers” for the San Francisco-Oakland-San Jose Area.

Annual Escalation Factor means the greater of the increase in the annual percentage change in the Consumer Price Index (CPI) for All Urban Consumers for the Los Angeles-Riverside-Orange County Region as published by the Department of Labor’s Bureau of Labor Statistics or five percent (5%). If the CPI for the Los Angeles- Riverside-Orange County area is discontinued, the CFD administrator may replace it with a similar index for the purposes of calculating the Annual Escalation Factor.

Annual Escalation Factor means the greater of the increase in the annual percentage change of the All Urban Consumers Consumer Price Index (CPI) or three percent (3%). The annual CPI used shall be for the area of San Francisco-Oakland-San Jose, CA as reflected in the then-current April update. The annual CPI used shall be as determined by the United States Department of Labor, Bureau of Labor Statistics, and may be obtained through the California Division of Labor Statistics and Research (www.dir.ca.gov/dlsr). If the foregoing index is not available, the CFD Administrator shall select a reasonably comparable index.

Annual Escalation Factor as used in Exhibit B shall be computed for any Contract Year by the following formula: AEF (n) equals AEF (n-1) times (0.5 plus (0.5 times CPI (m) divided by CPI (m-1)) where n is the applicable Contract Year; n-1 is the Contract Year preceding the applicable Contract Year; CPI is the Consumer Price Index/New York- Northern New Jersey-Long Island, NY-NJ-CT All Urban Consumers published by the U.S. Department of Labor, Bureau of Labor Statistics (base year 1982/84 equals 100); and CPI (m) is CPI as reported for the last Month of the preceding calendar year, and CPI (m-1) is the CPI as reported for the last Month of the second preceding calendar year. For purposes of calculating the AEF, AEF (1) shall equal 1.00.

Annual Escalation Factor means, (i) for the first Contract Year, one (I), and (ii) for each Contract Year thereafter, the product of 1.025 and the Annual Escalation Factor for the immediately prior Contract Year.