Cost of Living Adjustments definition

Cost of Living Adjustments . COLA’” means an increase to an employees pay rate based on changes to the Consumer Price Index as defined in the Total Rewards Program Guide.
Cost of Living Adjustments . Minimum Annual Rental shall be adjusted every twenty four (24) months of the initial Lease Term on the anniversary of the Commencement Date, and at the beginning of the first and third year of each Option Term, as follows: Initial Lease Term Lease Year 3 $200,000.00 ($20.00 per square foot) Lease Year 5 $210,000.00 ($21.00 per square foot) Lease Year 7 $230,000.00 ($23.00 per square foot) Lease Year 9 $240,000.00 ($24.00 per square foot) First Option Option Year 1 $250,000.00 ($25.00 per square foot) Option Year 3 $280,000.00 ($28.00 per square foot) Second Option Option Year 1 $300,000.00 ($30.00 per square foot) Option Year 3 $330,000.00 ($33.00 per square foot)
Cost of Living Adjustments . Adjusted periodically during the Lease Term on the anniversary of the Commencement Date as follows: Years 2 thru 5 $1,000,000.00 ($20.00 per square foot of Building) Years 6 thru 10 $1,100,000.00 ($22.00 per square foot of Building) Years 11 thru 15 $1,210,000.00 ($24.20 per square foot of Building) Years 16 thru 20 $1,331,000.00 ($26.62 per square foot of Building) Years 21 thru 25 $1,464,100.00 ($29.28 per square foot of Building) Notwithstanding anything to the contrary contained in this Lease, Tenant's obligation to pay Minimum Annual Rental hereunder shall be abated for one (1) full month following the Rent Start Date. It is expressly understood that Tenant shall pay all other charges under this Lease during said one (1) month period, and that Tenant shall be obligated to commence payment of Minimum Annual Rental in full beginning on the first day following such one (1) month period.

Examples of Cost of Living Adjustments in a sentence

  • Cost of Living Adjustments - Tier 1 The 1996 General Assembly enacted an automatic cost of living adjustment (COLA) provision for all recipients of KRS benefits.

  • Therefore, the proportion of positive diagnoses rescued after the intervention was 13.4% (proportion=0.13, 95%CI=0.07, 0.23).

  • Cost of Living Adjustments - Tier 2 and Tier 3 No COLA is given unless authorized by the legislature with specific criteria.

  • Encouraged by the success of similar studies in other areas, stakeholders are collecting data and gathering input on research methodologies.

  • Cost of Living Adjustments - $11,473,000: Built-ins have been included for personnel costs.

  • Tier 3 members are not covered by the same provisions.C. Cost of Living Adjustments - Tier 1The 1996 General Assembly enacted an automatic cost of living adjustment (COLA) provision for all recipients of KRS benefits.

  • However, the Independent Engineer is dependent on the STPA and the Design Engineer to provide critical information.


More Definitions of Cost of Living Adjustments

Cost of Living Adjustments  which means they want their wages and benefits to change as it gets more expensive to live. According to different testimonies, some of these academic workers commute from hours away to live in an affordable home based on their salary.

Related to Cost of Living Adjustments

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $50,378.70, plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Credit Adjustment shall have the meaning specified in Section 3.02.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.8(a).

  • Pro Forma Disposal Adjustment means, for any Test Period that includes all or a portion of a fiscal quarter included in any Post-Transaction Period with respect to any Sold Entity or Business, the pro forma increase or decrease in Consolidated EBITDA projected by the Borrower in good faith as a result of contractual arrangements between the Borrower or any Restricted Subsidiary entered into with such Sold Entity or Business at the time of its disposal or within the Post-Transaction Period and which represent an increase or decrease in Consolidated EBITDA which is incremental to the Disposed EBITDA of such Sold Entity or Business for the most recent Test Period prior to its disposal.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Maximum Special Tax means the maximum Special Tax, determined in accordance with Section C below, that can be levied in any Fiscal Year on any Assessor’s Parcel.

  • SOFR Adjustment means 0.10% (10 basis points).

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Baseline Schedule means the initial time schedule prepared by Contractor for Owner’s information and acceptance that conveys Contractor’s and Subcontractors’ activities (including coordination and review activities required in the Contract Documents to be performed by A/E and ODR), durations, and sequence of work related to the entire Project to the extent required by the Contract Documents. The schedule clearly demonstrates the critical path of activities, durations and necessary predecessor conditions that drive the end date of the schedule. The Baseline Schedule shall not exceed the time limit current under the Contract Documents.