Cost of Living Increase definition

Cost of Living Increase means, with respect to any year of the Term, any increase in the Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor, All Urban Consumers, United States City Average, All Items (1982/84=100);
Cost of Living Increase means, with respect to any year of the Term, any increase in the Consumer Price Index published by the Bureau of Labor Statistics of the United States Department of Labor, All Urban Consumers, United States City Average, All Items (1982-84=100);
Cost of Living Increase means the difference, expressed as a percentage, between (i) the Consumer Price Index most recently published by the Bureau of Labor Statistics of the U.S. Department of Labor, Chicago-Xxxx-Kenosha, for urban wage earners and clerical workers, prior to the date of such adjustment and (ii) such index as so published for the immediately proceeding period. Salary payments shall be made as customarily disbursed by the Company.

Examples of Cost of Living Increase in a sentence

  • What Happens When You Receive a Cost of Living Increase from Deductible Sources of Income?Once Prudential has subtracted any deductible source of income from your gross disability payment, Prudential will not further reduce your payment due to a cost of living increase from that source.

  • Probationary employees may be eligible for the Cost of Living Increase when given.

  • Annual wage increases will occur for all positions on every July 1st, based on the Minnesota Cost of Living Increase (COLA).

  • Cost of Living Increase MOTION MADE; MOTION SUPPORTED; MOTION AMENDED; MOTIONCARRIED: A motion was made by DeHaan and supported by Spoelhof to approve a cost of living (COLA) increase for staff of 4.5% 5%.

  • The parties agree that if additional Cost of Living Increase Adjustment (COLA) monies are made available during the term of the contract, they will re-open the compensation article.


More Definitions of Cost of Living Increase

Cost of Living Increase means a cost of living increase that became effective between January 1, 1989 and December 31, 1990 in respect of
Cost of Living Increase. On October 1, 2003 and each year thereafter for this Lease and any renewals or extensions of this Lease the rent shall be calculated as follows: The first year's monthly rent multiplied by the CPI for January of the year in question divided by the CPI for January 2002. CPI shall be "The Consumer Price Index for Wage Earners and Clerical Workers" as set forth in the Bureau of Labor Statistics of the United States Government for the United States.
Cost of Living Increase. The rent provided for in Item 2 will be adjusted effective upon the first day of the month Immediately following the expiration of 12 months from date of commencement of the term, and upon the expiration of each 12 months thereafter, in accordance with changes in the U.S. Consumer Price Index for All Urban Consumers (1982-84 = 100) ("CPI"). The monthly rent will be increased to an amount equal to the monthly rent set forth in Item 2, multiplied by a fraction the numerator of which is the CPI for the second calendar month Immediately preceding the adjustment date, and the denominator of which is the CPI for the second calendar month preceding the commencement of the Lease term; provided, however, that the monthly rent will not be less than the amount set forth in Item 2. 33 AMERICANS WITH DISABILITIES ACT: The parties are alerted to the existence of the Americans With Disabilities Act, which may require costly structural modifications. The parties are advised to consult with a professional familiar with the requirements of the Act. 34 LESSOR'S LIABILITY: in the event of a transfer of Lessor's title or Interest to the property during the term of this Lease, Xxxxxx agrees that the grantee of such title or interest will be substituted as the Lessor under this Lease, and the original Lessor will be released of all further liability; provided, that all deposits will be transferred to the grantee. 35
Cost of Living Increase. As described in Section 3.2.1 of the Lease.
Cost of Living Increase means the fraction, the numerator of which shall be the Index in the Anniversary Month less the Base Index, and the denominator of which shall be the Base Index. Landlord shall furnish to Tenant on or before the end of the second month following each Anniversary Month (or at such later time as the Index for the Anniversary Month is published) a statement setting forth the Base Index, the Index for the Anniversary Month and the Cost of Living Increase. If the Index for the Anniversary Month shall exceed the Base Index, there shall accrue as Additional Rent, for and with respect to the twelve-month period commencing on the first day of the first month following the Anniversary Month, an amount determined by multiplying the Adjusted Base Rent by the Cost of Living Increase. On or before the tenth day following submission of said statement to Tenant, Tenant shall pay to Landlord one-twelfth (1/12th) of said annual Additional Rent multiplied by the number of full or partial calendar months lapsed from the beginning of said lease year to the date of payment. On the first day of each succeeding calendar month during the remaining four (4) years of the seven-year term or during any renewal term, as the case may be, Tenant shall pay to Landlord one-twelfth (1/12th) of said annual Additional Rent. In the event the Term shall commence on a day other than the first day of a month or terminate on a day other than the last day of the month, the rent for such partial month shall be prorated.
Cost of Living Increase means the cost-of-living increase published by the Housing Division of the Department of Business and Industry pursuant to section 3 of this act.
Cost of Living Increase means an adjustment to the base periodic payments under the Civil Service Pension Plan for the purpose of offsetting increases in the cost of living in Palau due to economic inflation.