Annual increase definition

Annual increase means, initially, fifty-nine cents per month
Annual increase means as of July 1, 1999, seventy-seven
Annual increase means, initially, fifty-nine cents per month per year of service which amount shall be increased each July 1st by three percent, rounded to the nearest cent.

Examples of Annual increase in a sentence

  • Annual increase in the urban population and a revival of tourism to the island will also help strengthen demand for high−end fish.

  • The average annual wage per graduate from technical college was MWK 1,391,460, and the average wage per university graduate was MWK 2,618,075.• Annual increase of salary.


More Definitions of Annual increase

Annual increase means as of July 1, 1999, seventy-seven cents per month per year of service which amount shall be increased each subsequent July 1st by three percent, rounded to the nearest cent.
Annual increase means the number of shares of Common Stock that, pursuant to Section 13, may annually be added to the number of shares issuable under the Plan.
Annual increase shall take effect on each January 1 for which the benefit at issue is payable and shall mean fifty percent (50%) of the annual increase in the National Consumer Price Index for the City of Des Moines, Iowa, as published by the United States Bureau of Labor Statistics.
Annual increase means:
Annual increase means the automatic annual increase in the Share Limit described in Section 3.
Annual increase means, for any Fiscal Year, an amount equal to 50% of Net Income of the Borrower and its Subsidiaries (computed on a consolidated basis) for such Fiscal Year less the aggregate amount of Equity Payments during such Fiscal Year.
Annual increase means((, initially, fifty-nine)) one dollar