Escalation Quotient definition

Escalation Quotient means, for any calendar year, the quotient of the CPI as of June 30 of the current calendar year divided by the CPI as of June 30, 2005. For purposes of this definition, “CPI” means the Consumer Price Index for All Urban Consumers (CPI–U), U.S. City Average, seasonally adjusted, as published by the United States Department of Labor, or, if such index is no longer published or the method of computation thereof has been modified to yield a materially different result, a substitute index acceptable to OWNER and UBEM.
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Escalation Quotient. [REDACTED: COMPUTATION METHOD FOR PRICE ADJUSTMENT].
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Escalation Quotient means, for any Calendar Year during the Term, the quotient of the CPI as of January 1 of such Calendar Year divided by the CPI as of January 1 of the Calendar Year in which this Agreement became effective for the Facility in question.
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Examples of Escalation Quotient in a sentence

  • All Service Fees or other fees provided for or set forth in Exhibit C shall be adjusted by the Escalation Quotient as of [REDACTED: DATE] in each applicable Year, excluding the first Year of the Agreement.

  • All fees provided for or set forth in Exhibit C shall be adjusted by the Escalation Quotient as of [REDACTED: TIME PERIOD] in each applicable Year, excluding the first Year of the Agreement.

  • In the absence of contrary information, the estimated cost of Services for a preliminary O&M Budget shall be made by increasing each Expense Category in such O&M Budget related to such Services by the product derived from multiplying each such amount by the Escalation Quotient for the Calendar Year in which the adjustment occurs, or if the indices for such year have not yet been published, by the Escalation Quotient derived by using the indices most recently published as of the date of calculation.


More Definitions of Escalation Quotient

Escalation Quotient means, for any Year, the quotient of the CPI as of the first day of the current Year divided by the CPI as of the first day of the immediately preceding Year; provided, however, that in no event shall the quotient be less than one (1.0) for any particular Year.
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