Escalator. Commencing with the 2016/17 negotiations, and continuing thereafter, the District’s required contribution for medical insurance premiums will be adjusted by the same percentage that is applied to the salary schedule for that year. The District’s required contribution for all medical premiums (Actives and Retirees) shall be included with salary costs when computing the cost of applying an adjustment to the salary schedule and to the District’s required contribution for medical insurance premiums.
Escalator. All payments of the Deferred Purchase Price shall be subject to the Escalator as provided in Section 2(b) of the Contract.
Escalator. To incentivize an earlier start to Project construction and to account for inflation and potential additional cost escalation over time, in the event the Developer has not either (i) Commenced Construction of the Project or (ii) obtained the Superstructure permit for the Project within three (3) years after the Effective Date of this Agreement, the amount of the Town Square Contribution shall be increased by five percent (5%) per year thereafter (compounded annually) until paid to the City. Force Majeure Delay pursuant to Section 3.2.2 shall not apply to postpone applying this escalator provision to the Town Square Contribution.
Escalator. Except for the Interim Sites, the License Fee shall be increased on the first (1st) day of the first (1st) month following the first (1st) anniversary of the SLA Commencement Date and annually thereafter by two and one-half percent (2.5%) (“Escalation Rate”) over the License Fee for the immediately preceding year. The License Fee shall be payable to LICENSOR at the address and on the terms identified in the SLA.
Escalator. The minimum hourly fee shall increase by ***% --------- at the end of years ***.
Escalator. The settlement negotiations are premised on the representation that 1,286 putative class members worked a total of 81,364 workweeks during the time period of January 14, 2016 to November 15, 2021. If the Administrator determines that either a) the total number of pay periods during the Covered Period exceeds 81,364 Work Weeks by more than 10%, or b) the total number of Class Members during the Covered Period exceeds 1,286 by more than 10% during the Class Period, then Defendant will increase the Gross Settlement Amount proportionally by the amount over 10% (e.g., if the number of Work Weeks increases by 11%, the Gross Settlement Amount will increase by 1%). If the Administrator makes such a determination, it shall notify PAGA Counsel and Defendant’s counsel at the same time it sends out the notice to the Class Members.
Escalator. The Parties agree to an adjustment of the lease rate (i.e. adjustment for inflation) every three (3) year using the U.S. Consumer Price Index (“CPI”) for all urban consumers for all items as published by the Bureau of Labor and Statistics of the Department of Labor with a cap of a 5% increase during any given adjustment period, with formula details to be included and negotiated in good faith in the lease documentation.
Escalator. Commencing on the first anniversary of the Commencement Date and on each anniversary thereafter during the Term and any extension term, the annual rental shall increase by an amount equal to two percent (2.0%) of the annual rental due for the immediately preceding lease year.
Escalator. All costs set forth in Schedule A shall be subject to escalation or de-escalation based on actual increases or decreases in costs incurred by Montrose. Written documentation of said increases shall be provided by the Montrose to Delta as these increases occur.
Escalator. The Service Fee shall be adjusted on the first day of the month following the anniversary commemorating the in-service date of the Facilities and on the first day of the month following each subsequent anniversary to reflect change in the Producer Price Index ("PPI") [Series ID: PCU3563#12 N Gas Compressors]. The adjusted Service Fee shall be determined by multiplying the then effective Service Fee times one plus the percentage increase, if any, in PPI, for the preceding twelve months. If the PPI has not increased, the Service Fee shall not be adjusted under this provision.
