Escalation Formula definition
Examples of Escalation Formula in a sentence
Any unit base price or other sum expressed to be subject to escalation from a base month to a month of delivery or other date of determination in accordance with the IAE Escalation Formula will be subject to escalation in accordance with the following formula: Pi = (Pb+F) x CPI where: Pi = the invoiced purchase price or escalated sum rounded to the nearest U.S. Dollar.
Any unit base price or other sum expressed to be subject to escalation from a base month to a month of delivery or other date of determination in accordance with the IAE Escalation Formula will be subject to escalation in accordance with the following formula: P = Pb ( [***] L + [***] M + [***] E ) Lo Mo Eo Where: P = the invoiced purchase price or escalated sum rounded to the nearest U.S. Dollar Pb = unit base price or other sum.
However, in the event that the delivery date provided for any of such Aircraft is delayed for any reason not attributable to Embraer [*] and the Basic Price of the such relevant Aircraft shall be [*] in accordance with the Escalation Formula.
The Customer agrees to pay AGL the Energy Charges for the electricity AGL sells to the Customer at each Premises calculated in accordance with the Energy Charge Rates for each Premises (as those Energy Charge Rates are reviewed annually in accordance with the CPI Escalation Formula, unless noted otherwise in Schedule 1).
The Unit Base Prices per Engine Shipset and the Introductory Assistance Credits are expressed in [***] United States Dollars and shall escalate [***] in accordance with the Engine Escalation Formula, [***], except that the Introductory Assistance Credits shall escalate in accordance with the Engine Escalation Formula [***] (subject to Section 5.1.2b).
The Escalation Formula applied to each Aircraft [*] for each of such Aircraft.
The Basic Prices are subject to Embraer's standard escalation formula contained in Attachment "D" (the "Escalation Formula") to the Purchase Agreement.
Notwithstanding the foregoing, if in any calendar year, the escalation as calculated by the FPA Escalation Formula for that period exceeds the Escalation Cap by more than [*] (the “FPA Hyper Band”), then the FPA Escalation Cap will be increased by [*] of such exceedance.
As a result of the changes referred to above, Attachments “A 1” and “A4” (Aircraft Configuration), “E1” and “E4” (Performance and Weight Guarantee) and Attachment “D” (Escalation Formula) to the Purchase Agreement are hereby deleted and replaced with new Attachments “A1”, “A4”, “E1”,“E4” and “D” to this Amendment No. 11.
For the Fixed Prices and the [*] beginning [*] and annually thereafter, the escalation as calculated by the FPA Escalation Formula will be capped at [*] (the “Escalation Cap”).