COLA Adjustment definition

COLA Adjustment means the cost of living adjustment, which shall correspond to the percent rise in prices for the preceding year as measured by the Consumer Price Index for all Urban Consumers (CPI-UC), All City Average, all Items (base year 1982-1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics (the "INDEX"). The COLA Adjustment shall be determined by multiplying the amount or figure to be adjusted by a fraction, the numerator of which is the Index published for the month in which occurs the date of adjustment and the denominator of which is the Index published for the same month of the preceding year.
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COLA Adjustment means the cost of living adjustment, which shall be equal to (i) two percent, plus (ii) the percent rise in prices for the preceding year as measured by the Consumer Price Index for all Urban Consumers (CPI-UC), All City Average, all Items (base year 1982-1984 = 100) published by the United States Department of Labor, Bureau of Labor Statistics (the "INDEX"). The COLA Adjustment shall be determined by multiplying the amount or figure to be adjusted by the sum of (i) two percent, plus (ii) a fraction, the numerator of which is the Index published for the month in which occurs the date of adjustment and the denominator of which is the Index published for the same month of the preceding year.
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COLA Adjustment shall have the meaning set forth in Section 17.2.
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Examples of COLA Adjustment in a sentence

  • The COLA Adjustment shall be made each July 1st and shall remain applicable until the next June 30th.

  • The resulting percentage increase/decrease shall be applied to the current year’s contract as the COLA Adjustment.

  • Confirming the thoughts and aspirations of the editors, Russell insists upon the need that philosophy of religion consider its relation to its ‘political, social and cultural dimensions’: this phrase (and its variations) is repeated throughout the paper.

  • The COLA Adjustment percentage shall be determined by the ten (10)-year rolling average in the CPI-U for the Boston-Brockton-Nashua -MA-NH-ME-CT all items index as computed by the Bureau of Labor Statistics of the U.S. Department of Labor for the most recent calendar year preceding the July 1 adjustment.

  • The parties agree that in the event that the City approves COLA increases, general wage increases, or general bonuses for fiscal years 2009 through 2014 for any other City or School District bargaining unit, except the Association of Portsmouth Teachers, that are greater than the increases generated under the COLA Adjustment clause in this contract, members of this bargaining unit shall be entitled to the same increases.

  • The COLA Adjustment percentage shall be determined by the rolling ten (10)-year average in the CPI- U for the Boston-Brockton-Nashua--MA-NH-ME-CT all items index as computed by the Bureau of Labor Statistics of the U.S. Department of Labor.

  • The COLA Adjustment percentage shall be determined by the rolling ten (10)-year average in the CPI-U for the Boston-Brockton-Nashua--MA-NH-ME-CT all items index as computed by the Bureau of Labor Statistics of the U.S. Department of Labor for the ten (10) most recent calendar years preceding the July 1 adjustment.

  • The COLA Adjustment percentage shall be determined by taking the 10 year average of the CPI-U for the Boston-Brockton-Nashua—MA-NH-ME-CT all items index as computed by the Bureau of Labor Statistics of the US Department of Labor for the most recent 10 calendar years preceding the July 1 adjustment.

  • The COLA Adjustment shall be determined by multiplying the amount or figure to be adjusted by a fraction, the numerator of which is the Index published for the month in which occurs the date of adjustment and the denominator of which is the Index published for the same month of the preceding year.

  • Further, Executive’s base salary shall be increased for each year of the Employment Period at the beginning of each such year by an amount not less than the COLA Adjustment.


More Definitions of COLA Adjustment

COLA Adjustment means an adjustment described in Appendix 3.7.
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COLA Adjustment means an annual increase equal to the percentage increase, if any, of the consumer price index for Urban Wage Earning and Clerical Workers (Greater Metropolitan Tampa Area, all items) issued by the Bureau of Labor Statistics of the U.S. Department of Labor using the year 1967 as a base of 100 (the "Index") from the prior year using January 1st of each year as the anniversary date for such calculation. In the event the Index ceases to be published during the term of this Agreement or any extension thereof, the parties shall use a mutually acceptable comparable statistical index on the cost of living in the United States as shall then be computed and published by an agency of the United States.
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COLA Adjustment means the cost of living adjustment, which shall be equal to (i) two percent (2%) plus (ii) the percent rise in prices for the preceding year as measured by the Index. The COLA Adjustment shall be determined by multiplying the amount or figure to be adjusted by the sum of (i) two percent (2%) plus (ii) a fraction, the numerator of which is the Index published for the month in which the adjustment occurs and the denominator of which is the Index published for the same month of the preceding year.
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COLA Adjustment means an annual increase equal to the percentage increase, if any, of the consumer price index for Urban Wage Earning and Clerical Workers (Greater
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COLA Adjustment means an increase in the Consumer Price Index for Urban Consumers for N.Y.-Northern N.J.-Long Island, NY-NJ-CT-PA. If the foregoing accurately sets forth our agreement, please countersign and return to us a copy of this letter. Very truly yours, THE DRESS BARN, INC. By: /s/ Xxxxxx Xxxxxxx Xxxxxx Xxxxxxx, SVP, Chief Financial Officer ACCEPTED AND AGREED TO: /s/ Xxxxxx X. Xxxxx Xxxxxx X. Xxxxx
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COLA Adjustment with respect to the second and subsequent Annual Bonuses paid hereunder, shall be the amount obtained by multiplying (x) $750,000 plus, with respect to the third and subsequent Annual Bonuses paid hereunder, the COLA Adjustment component of the prior year's Annual Bonus, by (y) the percentage by which the Consumer Price Index for the New York-New Jersey Metropolitan Area, as reported as of April 1 of the applicable year by the Bureau of Labor Statistics of the United States Department of Labor has increased over its level as of the prior April 1 or, if such data is not available, such other similar measure of cost of living increases as the parties shall mutually agree. Employee's Annual Bonus for a fiscal year shall be paid not later than 90 days following the close of such fiscal year. Subject to the Minimum Annual Bonus, the determination of the amount of Employee's Annual Bonus for each fiscal year shall be made by the Company based on the performance criteria to be developed as described in this Section 3(c), and such determination by the Company shall be final and binding.
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Related to COLA Adjustment

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Final Adjustment has the meaning set forth in Section 10.3.B(2) hereof.

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • SOFR Adjustment means 0.10% (10 basis points).

  • Related Adjustment means, in determining any LIBOR Successor Rate, the first relevant available alternative set forth in the order below that can be determined by the Administrative Agent applicable to such LIBOR Successor Rate:

  • Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Lot line adjustment means the relocation of the property boundary line in a

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • No Adjustment means that the relevant date shall not be adjusted in accordance with any Business Day Convention;

  • Pro Forma Adjustment means, for any Test Period that includes all or any part of a fiscal quarter included in any Post-Acquisition Period, with respect to the Acquired EBITDA of the applicable Acquired Entity or Business or Converted Restricted Subsidiary or the Consolidated EBITDA of the Borrower, the pro forma increase or decrease in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, projected by the Borrower in good faith as a result of (a) actions taken during such Post-Acquisition Period for the purposes of realizing reasonably identifiable and factually supportable cost savings or (b) any additional costs incurred during such Post-Acquisition Period, in each case in connection with the combination of the operations of such Acquired Entity or Business or Converted Restricted Subsidiary with the operations of the Borrower and the Restricted Subsidiaries; provided that (i) at the election of the Borrower, such Pro Forma Adjustment shall not be required to be determined for any Acquired Entity or Business or Converted Restricted Subsidiary to the extent the aggregate consideration paid in connection with such acquisition was less than $5,000,000 and (ii) so long as such actions are taken during such Post-Acquisition Period or such costs are incurred during such Post-Acquisition Period, as applicable, it may be assumed, for purposes of projecting such pro forma increase or decrease to such Acquired EBITDA or such Consolidated EBITDA, as the case may be, that the applicable amount of such cost savings will be realizable during the entirety of such Test Period, or the applicable amount of such additional costs, as applicable, will be incurred during the entirety of such Test Period; provided further that any such pro forma increase or decrease to such Acquired EBITDA or such Consolidated EBITDA, as the case may be, shall be without duplication for cost savings or additional costs already included in such Acquired EBITDA or such Consolidated EBITDA, as the case may be, for such Test Period.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Principal Adjustment In the event that the Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount or Class B-6 Optimal Principal Amount is calculated in accordance with the proviso in such definition with respect to any Distribution Date, the Principal Adjustment for such Class of Class B Certificates shall equal the difference between (i) the amount that would have been distributed to such Class as principal in accordance with Section 4.01(a) for such Distribution Date, calculated without regard to such proviso and assuming there are no Principal Adjustments for such Distribution Date and (ii) the Adjusted Principal Balance for such Class.

  • Price Adjustment means any and all price reductions, offsets, discounts, rebates, adjustments, and or refunds which accrue to or are factored into the final net cost to the hospital outpatient department or ambulatory surgical center.