Escalation Charges Sample Clauses

Escalation Charges. The Vendee agrees and understands that the Total Price of the Unit is escalation free save and except imposition(s)/increases/other levies/costs and charges specifically provided to in this Agreement and /or any other increases in charges/statutory levies, Cess which may be levied or imposed by the Government Authorities from time to time or as stated in this Agreement.
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Escalation Charges. The Vendee agrees and understands that the price of the Flat is based on the price of materials and labour charges pertaining thereto on and around October, 2013. If, however, during the progress of construction up to the date of application of occupation certificate by the Vendor or the expiry of five years from the above mentioned date, whichever is earlier, there is an increase /decrease in the price of the materials used in the construction work and /or labour charges (hereinafter referred to as Escalation Charges), the same shall be recoverable /payable respectively by/to the Vendee. In order to ensure a fair and transparent methodology for computation of Escalation Charges, the Vendor shall take the respective Wholesale Price Index Indexes as published in the Reserve Bank of India (RBI) Monthly Bulletin for steel ,cement ,fuel & power ,other building construction material; and labour Index published as Consumer Price Index Numbers in the State of Haryana as the basis of such computation and the Vendee agrees and accepts, that by choosing these independent RBI Indexe and Consumer Price Index Numbers in the State of Haryana, the Vendor is ensuring the highest level of fairness and transparency. The respective RBI Index and Consumer Price Index Numbers in the State of Haryana or the computation of the Escalation Charges in the cost of construction and labour cost as below:- • Steel- Index published as Steel –Long in the category of Basic Metals, Alloys & Metal Products. • Cement - Index published as Cement & Lime in the category of Non –Metallic Mineral Products. • Fuel & Power –Index published as Fuel & Power • Other Building Construction materials –Index published as All Commodities in the Index Numbers of Wholesale price in India. • Labour-Index published as Consumer Price Index Numbers for Industrial Workers in the State of Haryana. It is mutually agreed and binding between the Vendee and the Vendor that Rs. 1800/- per sq. ft shall be treated as construction cost for purpose of computation of Escalation Charges. It is further mutually agreed that within the above stated construction cost, the components of (i) steel, (ii) cement,
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Escalation Charges. 5.1 Pursuant to Article 6 of the Oxxxxxxxx, Sublandlord pays additional rent to Overlandlord for Taxes (as such term is defined in the Master Lease) and for Operating Expenses (as such term is defined in the Master Lease) which payments are hereinafter collectively referred to as “Oxxxxxxxx Escalation Charges”. Subtenant, throughout the Sublease Term, shall pay to Sublandlord (such amounts hereinafter referred to as, the “Escalation Charges”) with respect to each Operating Year and each Tax Year (as such terms are defined in the Master Lease), respectively (any part or all of which falls within the Sublease Term) Subtenant’s Proportionate Share of Oxxxxxxxx Escalation Charges (more particularly described below) for each such Operating Year or Tax Year above those for the 2005 Operating Year and for the 2005/2006 Tax Year; which Oxxxxxxxx Escalation Charges are calculated as the applicable portion paid by Sublandlord pursuant to the Oxxxxxxxx of the amount by which (x) the Operating Rent (as such term is defined in the Master Lease) payable by Overlandlord to Master Landlord exceeds the Operating Rent payable by Overlandlord to Master Landlord with respect to the Operating Year commencing January 1, 1997 and (y) the Tax Rent (as such term is defined in the Master Lease) payable by Overlandlord to Master Landlord exceeds the Tax Rent payable by Overlandlord to Master Landlord in fiscal tax year 1996/97. Except as otherwise provided in Section 5.3 below, Subtenant shall pay the Escalation Charges within five (5) business days following receipt of Sublandlord’s statement therefor, together with a copy of any materials furnished to Sublandlord by Overlandlord in connection therewith. Subtenant’s obligation to pay Escalation Charges shall survive the expiration or termination of this Sublease as and to the extent provided in Section 6.4 hereof. 5.2 With respect to Tax Rent, in the event a refund of Tax Rent (for a Tax Year in which Sublandlord has previously paid Oxxxxxxxx Escalation Charges) is actually received by Sublandlord (whether in cash or by way of a credit against Fixed Rent payable by Sublandlord under the Oxxxxxxxx) due to a reduction in Taxes for a Tax Year with respect to which Sublandlord has previously paid Oxxxxxxxx Escalation Charges to Overlandlord and Subtenant has previously paid Escalation Charges, Sublandlord shall refund to Subtenant the corresponding Escalation Charges including interest on the refund to the extent received by Sublandlor...
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Escalation Charges. If the Premises shall be affected by any exercise of the power of eminent domain, Basic Rent and Escalation Charges payable by Tenant shall be justly and equitably abated and reduced according to the nature and extent of the loss of use thereof suffered by Tenant. In no event shall Landlord have any liability for damages to Tenant for inconvenience, annoyance, or interruption of business arising from any fire or other casualty or eminent domain.
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Escalation Charges. Tenant shall continue to pay Escalation Charges for the Original Premises in accordance with the terms of the Lease. In addition, from and after April 19, 2005 through the Termination Date, Tenant shall pay Escalation Charges for the Expansion Premises, and Tenant's Proportionate Share for the Expansion Premises shall be 1. 0925% (which is based on the Expansion Premises Rentable Area divided by the Building Rentable Area). All such Escalation Charges shall be payable in accordance with the terms of the Lease.
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Escalation Charges. For the period commencing on the Extension Date and ending on the Extended Termination Date, Tenant shall pay the Escalation Charges for the Premises as set forth in the Lease.
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Escalation Charges 
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Related to Escalation Charges

  • Termination Charges Any provision requiring the Agency to pay a fixed amount or liquidated damages upon termination of the agreement is hereby deleted. The Agency may only agree to reimburse a Vendor for actual costs incurred or losses sustained during the current fiscal year due to wrongful termination by the Agency prior to the end of any current agreement term.

  • TRANSACTION CHARGES will be charged for each transaction recorded on the shareholder accounting system, including, but not limited to, the following transactions: · Share purchases; · Share redemptions; · Fund liquidations; · Dividends; · Wire order purchases and redemptions (placement and confirmations); · Exchanges; · Account maintenance such as address changes; · Transfers; and · Account opening. For transactions within the 529 portfolios, FTIS will allocate the transaction fee on a pro-rata basis to the underlying Funds based on the 529 portfolio's holdings in such Funds.

  • User Charges 1. User charges that may be imposed by the competent charging authorities or bodies of each Party on the airlines of the other Party shall be just, reasonable, not unjustly discriminatory, and equitably apportioned among categories of users. In any event, any such user charges shall be assessed on the airlines of the other Party on terms not less favorable than the most favorable terms available to any other airline at the time the charges are assessed. 2. User charges imposed on the airlines of the other Party may reflect, but shall not exceed, the full cost to the competent charging authorities or bodies of providing the appropriate airport, airport environmental, air navigation, and aviation security facilities and services at the airport or within the airport system. Such charges may include a reasonable return on assets, after depreciation. Facilities and services for which charges are made shall be provided on an efficient and economic basis. 3. Each Party shall encourage consultations between the competent charging authorities or bodies in its territory and the airlines using the services and facilities, and shall encourage the competent charging authorities or bodies and the airlines to exchange such information as may be necessary to permit an accurate review of the reasonableness of the charges in accordance with the principles of paragraphs 1 and 2 of this Article. Each Party shall encourage the competent charging authorities to provide users with reasonable notice of any proposal for changes in user charges to enable users to express their views before changes are made. 4. Neither Party shall be held, in dispute resolution procedures pursuant to Article 14, to be in breach of a provision of this Article, unless (a) it fails to undertake a review of the charge or practice that is the subject of complaint by the other Party within a reasonable amount of time; or (b) following such a review it fails to take all steps within its power to remedy any charge or practice that is inconsistent with this Article.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • CONTRACT CHARGES The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges:

  • Transportation Charges The cost of transporting Employees and Material necessary for the Mining Operations.

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Direct Charges To the extent Cash-based Expenses are incurred by the Contractor, the Contractor shall be reimbursed for reasonable and necessary actual direct costs incurred (e.g., equipment, supplies, travel and other costs directly associated with the performance of the Agreement) to the extent required in the performance of the Work and to the extent such costs are anticipated in the Budget. Travel, lodging, meals and incidental expenses shall be reimbursed for reasonable and necessary costs incurred. Costs shall not exceed the daily per diem rates published in the Federal Travel Regulations. Reimbursement for the use of personal vehicles shall be limited to the Internal Revenue Service business standard mileage rate in effect at the time the expense was incurred.

  • Early Termination Charges If this Agreement is terminated prior to its End Date pursuant to Clauses 42A-42, 43(a) or A- 43(c), the Home Customer shall pay to the Company an Early Termination Charge equivalent to (Termination Rate x Unexpired Months) where:

  • PRICE ESCALATION/DE-ESCALATION (CPI) The County may allow a price escalation provision within this award. The original contract prices shall be firm for an initial one (1) year period. A price escalation/de-escalation will be considered at one (1) year intervals thereafter, provided the Contractor notifies the County, in writing, of the pending price escalation/de-escalation a minimum of sixty (60) days prior to the effective date. Price adjustments shall be based on the latest version of the Consumers Price Index (CPI-U) for All Urban Consumers, All Items, U.S. City Average, non-seasonal, as published by the U.S. Department of Labor, Bureau of Labor Statistics. This information is available at xxx.xxx.xxx. Price adjustment shall be calculated by applying the simple percentage model to the CPI data. This method is defined as subtracting the base period index value (at the time of initial award) from the index value at time of calculation (latest version of the CPI published as of the date of request for price adjustment), divided by the base period index value to identify percentage of change, then multiplying the percentage of change by 100 to identify the percentage change. Formula is as follows: Current Index – Base Index / Base Index = % of Change CPI for current period 232.945 Less CPI for base period 229.815 Equals index point change 3.130 Divided by base period CPI 229.815 Equals 0.0136 Result multiplied by 100 0.0136 x 100 Equals percent change 1.4% % of Change x 100 = Percentage Change CPI-U Calculation Example: A price increase may be requested only at each time interval specified above, using the methodology outlined in this section. To request a price increase, Contractor shall submit a letter stating the percentage amount of the requested increase and adjusted price to the Orange County Procurement Division. The letter shall include the complete calculation utilizing the formula above, and a copy of the CPI-U index table used in the calculation. The maximum allowable increase shall not exceed 4%, unless authorized by the Manager, Procurement Division. All price adjustments must be accepted by the Manager, Procurement Division and shall be memorialized by written amendment to this contract. No retroactive contract price adjustments will be allowed. Should the CPI-U for All Urban Consumers, All Items, U.S City Average, as published by the U.S. Department of Labor, Bureau of Labor Statistics decrease during the term of the contract, or any renewals, the Contractor shall notify the Orange County Procurement Division of price decreases in the method outlined above. If approved, the price adjustment shall become effective on the contract renewal date. If the Contractor fails to pass the decrease on to the County, the County reserves the right to place the Contractor in default, cancel the award, and remove the Contractor from the County Vendor List for a period of time deemed suitable by the County. In the event of this occurrence, the County further reserves the right to utilize any options as stated herein.

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