Escalation Formula definition

Escalation Formula means the escalation formula contained in Attachment “D”.
Sample 1Sample 2Sample 3
Escalation Formula means the escalation formula contained in Attachment "D".
Sample 1Sample 2Sample 3
Escalation Formula means the escalation formula contained in Attachment "D-1" hereto for the EMB-145 Aircraft and Attachment "D-2" for the EMBRAER 170 Aircraft.
Sample 1

Examples of Escalation Formula in a sentence

  • A price that is derived by incorporation or usage of the formula as per the prescribed Price Escalation Formula provided in this Tender Document may be acceptable within the meaning of this paragraph.

  • 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).

  • Adjustments in the rates will be made in accordance with an Escalation Formula to be defined.

  • The history of the escalation formula for the MFPRSI is reflected in Table 7.Table 7Pension Escalation Formula - MFPRSIFiscal Year Service RetireeOrdinary Disability Retiree SurvivorAccidental Disability RetireeThe incremental increase language11 for both the MFPRSI and the PORS is essentially identical.

  • Similarly guidance is also absent for fixing the optimum period of completion rather than suggesting shortest possible time The Guidelines specify that any accepted Price Escalation Formula (such as WB,ADB, OECF, ICTAD or other Foreign Financing Agencies) may be used by the Implementing Agencies.

  • Such improvement in external conditions, coupled with the approval of a Price Escalation Formula acceptable to Government and the Bank for all civil works under the project (March 2003), contributed to remove implementation bottlenecks which had affected negatively the implementation of the project.

  • The escalation on account of increase in the minimum wages shall be compensated to the contractor as per the formula indicated below: Escalation Formula: Billed Amount x 0.65 x (Escalated / De-escalated minimum wages of Un-skilled labour - Min.

  • Annual escalation formula for RLDC charges as per the above weighting schemes can be expressed as Annual Escalation Formula = 0.1 x INFLWPI_RLDC + 0.9 x INFLCPI_IW Where: INFLWPI_RLDC = Annual Average Inflation in WPI_RLDC INFLCPI_IW = Annual Average Inflation in CPI_IW Whereas CPI_IW is directly published by the government, WPI_RLDC shall be computed from the disaggregated data on wholesale prices published by Ministry of Industry.

  • Escalation Formula • Provision in a contract for increasing or decreasing the contracted price for labor, material, etc., in step with the market prices or an agreed upon benchmark such as consumer price index (CPI).

  • Www Gppb Gov Ph. Excel Escalation Formula I Wnated To Set The Formula.

Related to Escalation Formula

  • Infant formula means a food that is intended for con- sumption by infants.

  • Payout Formula means as to any Performance Period, the formula or payout matrix established by the Committee pursuant to Section 3.4 in order to determine the Actual Awards (if any) to be paid to Participants. The formula or matrix may differ from Participant to Participant.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Class Coupon Formula The formula specified for each Class of variable rate Notes, as set forth in Appendix I for Original Notes and Appendix II for MAC Notes.

  • Formula means the appropriate secondary road fund distribution formula or farm-to-market road fund distribution formula as defined in subrules 102.2(2) and 102.2(3).

  • Normal weekly hours of work means the lesser of 40 hours or

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Performance Formula means, for a Performance Period, the one or more objective formulae applied against the relevant Performance Goal to determine, with regard to the Performance Compensation Award of a particular Participant, whether all, some portion but less than all, or none of the Performance Compensation Award has been earned for the Performance Period.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Projected Annual Benefit means the annual retirement benefit (adjusted to an actuarial equivalent straight life annuity if such benefit is expressed in a form other than a straight life annuity or Qualified Joint and Survivor Annuity) to which the Participant would be entitled under the terms of the Plan assuming:

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Multiplier means 1.0.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Final average salary means whichever of the following is greater:

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Compounded Daily XXXXX means the rate of return of a daily compound interest investment (with the daily Sterling Overnight Index Average as the Reference Rate for the calculation of interest) and will be calculated by the Principal Paying Agent (or such other party responsible for the calculation of the Rate of Interest, as specified in the applicable Final Terms Document) on the Interest Determination Date, as follows, and the resulting percentage will be rounded if necessary to the fourth decimal place, with 0.00005 being rounded upwards: where:

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).