Annual Escalator definition

Annual Escalator defined in section IV on page 1.
Sample 1Sample 2
Annual Escalator has the meaning given such term in Section 11(c).
Sample 1
Annual Escalator means the lesser of (a) the applicable CPI Change (but never less than 0%), plus 4% or (b) 5%.
Sample 1

Examples of Annual Escalator in a sentence

  • The Monthly License Fee as adjusted by the Annual Escalator, shall be payable in advance on the first day of each calendar month during the Term beginning upon the Commencement Date.

  • Upon any request by Licensee to assign any License, Licensor may require the assignee to enter into a new license agreement directly with Licensor so long as the License Fee, Annual Escalator and length and commencement of each affected License Term is not altered by such replacement license agreement.

  • Annual Escalator Clause; changes in the per-meal price may be considered by the SFA only at the time of renewal.

  • Canada and the FNHA will commit to negotiate an Annual Escalator for the remaining fiscal years of the Canada Funding Agreement in accordance with subsections CF 3(c) and CF 9(a).

  • Annual Escalator Adjustment Factor: _Consumer Price Index Midwest Consumers Food Away from Home Seasonally Adjusted Proposals will be evaluated by a committee against the following criteria with assigned weights in the following categories.

  • Prior to the commencement of any initial or subsequent construction or installation on the Tower Facility by or for the benefit of Licensee and/or the modification of Licensee’s Permitted Frequencies propagated from the Licensed Space, Licensor may elect to perform a shared site interference study (“SSIS”) and Licensee shall pay Licensor a fee of $1,600.00 per study (“SSIS Fee”), as adjusted annually on the anniversary of the Commencement Date by a percentage rate equal to the Annual Escalator.

  • The Federal Government and the FNHA will commit to negotiate an Annual Escalator for the remaining fiscal years of the Federal Funding Agreement in accordance with subsection (3)(c) and 10(a).

  • Site Inspection Fee: Five Hundred Dollars ($500.00), increased annually on each anniversary of the Commencement Date of this Agreement by a percentage rate increase equal to the Annual Escalator.

  • An Annual Escalator of 1 1/2% will be added after each twelve (12) month period.

  • The two parties may continue negotiations on the escalator until the expiry of the Federal Funding Agreement and if negotiations are concluded before then, a retroactive adjustment will be made for each of the fiscal years six (6) through ten (10) of the Federal Funding Agreement to pay the FNHA any differences, without interest, resulting from application of the new Annual Escalator.


More Definitions of Annual Escalator

Annual Escalator means the multiplier set out in subsection 3.2(4).
Sample 1
Annual Escalator. The annual increase of the Base Rent under Section 6(b)(ii)(3) of Article 6 below, as applicable following the Stabilization Date.
Sample 1
Annual Escalator as defined in Section 6.1. APPLICATION - as defined in Section 3.1, as revised from time to time in accordance with Section 3.2. APPLICATION FEE - as defined in Section 3.1.
Sample 1
Annual Escalator means the rate in percentage terms by which the scheduled equivalent rate per kWh increases per annum as set forth in the Obligor Note.
Sample 1
Annual Escalator is defined as x% plus any increase in the CPI Index. The CPI Index is defined as the All Items CPI for All Urban Consumers, CPI-U – base period 1984, as published by the U.S. Bureau of Labor Statistics. The annual adjustment increase in the CPI Index will be calculated utilizing the most recently available 12-month data as of the anniversary of the Launch Date, and utilized for all Stations during the subsequent 12-month period.
Sample 1

Related to Annual Escalator

  • 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.

  • 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.

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

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

  • Escalator means a power driven, inclined, continuous stairway used for raising or lowering passengers.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • On-premise beer retailer means a beer retailer who is:

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Annual Fixed Rent See Exhibit A, and Section 3.1.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Annual Operating Expenses for the Class means and will consist only of the following operating expenses of the Series for the Class that are, under generally accepted accounting principles, accruable and deductible from the Series’ assets with respect to the Class for the period involved: (i) investment advisory fees, if any; (ii) Rule 12b-1 distribution fees, if any; and (iii) custodian fees, shareholder servicing fees, administrative and office facilities expenses, professional fees, trustees' fees and any other operating expenses of the Series with respect to the Class that are recorded or includable in the Series' statement of operations in accordance with generally accepted accounting principles. Notwithstanding the provisions of the immediately preceding sentence, the Series' “Annual Operating Expenses” for the Class do not include “acquired fund expenses”, interest and dividends on securities sold short, amortization of organization expenses, taxes, brokerage commissions, litigation and indemnification expenses or any costs or expenses of or for the Series with respect to the Class that are "extraordinary" as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). Very truly yours, ROYCE & ASSOCIATES, LP By: /s/ Xxxxx X. Xxxxxxx Xxxxx X. Xxxxxxx Chief Financial Officer THE ROYCE FUND By: /s/ Xxxxx X. Xxxxxxx Xxxxx X. Xxxxxxx Treasurer April 29, 2024 The Royce Fund 000 Xxxxx Xxxxxx New York, NY 10151 Gentlemen: Reference is made to the Investment Advisory Agreement dated July 31, 2020 (the “Agreement”), by and between The Royce Fund (the “Fund”), on behalf of Xxxxx Total Return Fund (the “Series”), and Royce & Associates, LP (the “Adviser”). Notwithstanding the provisions of Section 4 (Compensation of the Adviser) of the Agreement, the Adviser hereby waives compensation for services it provides under the Agreement for the period beginning May 1, 2024, and ending April 30, 2025 (the “Period”), and/or agrees to reimburse expenses relating to the Period to the Series with respect to its Service Class of shares (the “Class”) in an amount, if any, necessary so that the Series’ “Annual Operating Expenses” for the Class are not more than 1.49% of the Class’s average net assets for the Period. The Adviser's obligations to reimburse the Series with respect to the Class hereunder will not apply for any period when the Adviser is not rendering services to such Series under the Agreement.

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Annual Operating Budget as defined in Section 6.2(c).

  • Adjustment Year has the meaning ascribed to said phrase under Section 6225(d)(2) of the Code.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Annual Work Plan means each work plan approved by the Association under Section I.C of Schedule 2 to this Agreement for inclusion in the Project.

  • Comparison Year is defined as each calendar year during the term of this Lease subsequent to the Base Year; provided, however, Lessee shall have no obligation to pay a share of the Operating Expense Increase applicable to the first twelve (12) months of the Lease Term (other than such as are mandated by a governmental authority, as to which government mandated expenses Lessee shall pay Lessee's Share, notwithstanding they occur during the first twelve (12) months). Lessee's Share of the Operating Expense Increase for the first and last Comparison Years of the Lease Term shall be prorated according to that portion of such Comparison Year as to which Lessee is responsible for a share of such increase.

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

  • input service means any service used or intended to be used by a supplier in the course or furtherance of business;

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Total Fund Operating Expenses with respect to a Fund is defined to include all expenses necessary or appropriate for the operation of the Fund including the Adviser’s investment advisory or management fee under the Advisory Agreement and other expenses described in the Advisory Agreement that the Fund is responsible for and have not been assumed by the Adviser, but excludes front-end or contingent deferred loads, taxes, leverage expenses, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any.

  • Commissioning Period has the meaning set forth in Attachment T.