Cost of Living Increases definition

Cost of Living Increases. Effective January 1, 1990 on each January 1st following the later of the commencement of a pen- sion and age 65, as long as the pension continues to be paid to the Member, Spouse or beneficiary, as applicable, the portion of that pension earned in respect of service from January 1, 1990 shall be adjusted on a percentage basis by the Inflation Adjustment Factor de- scribed in Section 2.10(a).
Sample 1Sample 2Sample 3
Cost of Living Increases. The monthly rent, as set out above, shall be increased in the manner and 42 at the times indicated as follows:
Sample 1
Cost of Living Increases. Effective January on each January following the later of the commencement off a pen- sion and age as long as the pension continues to be paid to the Member, Spouse or beneficiary, as applicable, the portion of that pension earned in respect of service from January shall be adjusted on a percentage basis by the Inflation Adjustment Factor described in Section “Active Benefit Indexation” Effective January on each January until the later of commencement of a pension and age the pension earned by active members as the previous January shall be adjusted on a percentage basis by the Inflation Adjustment Factor described in Section
Sample 1

Examples of Cost of Living Increases in a sentence

  • MINIMUM WAGE4Rule 2.01: Applicability to Work Performed in Cook County4Rule 2.02: Non-Tipped Employees4Rule 2.03: Tipped Employees4Rule 2.04: Cost of Living Increases in the Cook County Minimum Wage5Rule 2.05: Overtime Pay6SECTION 3.

  • The Defined Benefit Plan is designed to include regular (annual) Cost of Living Increases.

  • Contingent Category II employees may be eligible for Cost of Living Increases and Merit Increases as determined by the school or department and granted by the State of Maryland.

  • Investment Return Rate: Cost of Living Increases: Pre-retirement - 8.50% per annum Post-retirement - 8.50% per annum 0.00% at January 1, 2011 (actual); 2.00% per annum thereafter Future Salary Increases: In addition to the age-based rates shown below, during the firstten years of employment, a service-based component of 0.30% x (10-T), where T is completed years of service, is included in the salary increase used.

  • Both will increaseeach January with the SSA/SSI Cost of Living Increases.

  • In addition, Council discussed that The Finance and Audit committee should examine the impact of instituting a policy that mandates annual Cost of Living Increases to fees as a means of avoiding future large fee increases following years of stable fees.

  • Victoria Harding clarified during negotiations for the 2008 – 2011 contract, they were given 19% that had to be divided between steps and Cost of Living Increases (COLA).

  • To the extent necessary to prevent disqualification under Section 415 of the Internal Revenue Code, and subject to the remainder of this Section, the maximum monthly benefit to which any Participant may be entitled at any time (the “Maximum Benefit”) shall be equal to $13,333, as adjusted by Cost of Living Increases (the “Dollar Limit”).

  • Investment Return Rate: Select and Ultimate Rates:8.00% for the period July 1, 2013 to June 30, 2017;8.50% thereafter.8.37% Equivalent Discount Rate – Present Value of Benefits Determination Cost of Living Increases: 1.00% per annum.

  • Research and development work performed during the Research Term pursuant to the Research and Development Program regarding the Oral Platform and the Development Candidate contracted by Orasense to Isis shall be payable by Orasense to Isis based on [...***...] at Isis's Full Time Equivalent Rate, with annual Cost of Living Increases.


More Definitions of Cost of Living Increases

Cost of Living Increases means increases in pensions pursuant to this Article 15.
Sample 1
Cost of Living Increases. Effective January on each January 1stfollowing the later of the commencement of a pension and age as long as the pension continues to be paid to the Member, Spouse or beneficiary, as applicable, the por- tion of that pension earned in respect of servicefrom January shall be adjusted on a percentage basis by the inflation Adjustment Factor described in Section on each January 1st until the later of commencement of a pension and age the pension earned by active membersas at the previous January shall be adjusted on a percentage basis by the Inflation Adjustment Factor described in Section to an Pensions shall be payable to a Member as of his Normal Retirement Date, shall in no event be payable with respect prior month, and shall be payable on the first day of each thereafter during the life of such Member, ceasingwith the last payment to which he was entitled immediately prior to his date of death and subject to Section and any election made under Section Notwithstanding Section above, the Pension for a Member electing to receive a Pension prior to his Normal Retirement Date pursuant to Section hereof shall com- mence on the later of: the first day of the month next following the date of the Member’swritten application for Early Retirement: or the first of the month coincident with or next follow- ing the Early Retirement date requested in the Member’s written application. Notwithstanding any other provision of this Agreement, a retired Member,who is in receipt of a Pension under the Plan, will continue to receive such Pension if he returns to active service with the In all other respects he shall be considered an employee Company.
Sample 1

Related to Cost of Living Increases

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Insurance Cost Increase shall not, however, include any premium increases resulting from the nature of the occupancy of any other lessee of the Building. If the parties insert a dollar amount in Paragraph 1.9, such amount shall be considered the "BASE PREMIUM." If a dollar amount has not been inserted in Paragraph 1.9 and if the Building has been previously occupied during the twelve (12) month period immediately preceding the Commencement Date, the "Base Premium" shall be the annual premium applicable to such twelve (12) month period. If the Building was not fully occupied during such twelve (12) month period, the "Base Premium" shall be the lowest annual premium reasonably obtainable for the Required Insurance as of the Commencement Date, assuming the most nominal use possible of the Building. In no event, however, shall Lessee be responsible for any portion of the premium cost attributable to liability insurance coverage in excess of $1,000,000 procured under Paragraph 8.2(b).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Fixed Incremental Amount has the meaning specified in the definition of “Permitted Incremental Amount.”

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.

  • Pro Forma Cost Savings means, without duplication of any amounts referenced in the definition of “Pro Forma Basis,” an amount equal to the amount of cost savings, operating expense reductions, operating improvements (including the entry into any material contract or arrangement) and acquisition synergies, in each case, projected in good faith to be realized (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of actions taken on or prior to, or to be taken by Lead Borrower (or any successor thereto) or any Restricted Subsidiary within 24 months of, the date of such pro forma calculation, net of the amount of actual benefits realized or expected to be realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such action; provided that (a) such cost savings, operating expense reductions, operating improvements and synergies are factually supportable and reasonably identifiable (as determined in good faith by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of Lead Borrower (or any successor thereto)) and are reasonably anticipated to be realized within 24 months after the date of such pro forma calculation and (b) no cost savings, operating expense reductions, operating improvements and synergies shall be added pursuant to this definition to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income or Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period; provided, further, that the aggregate amount added in respect of the foregoing proviso (or otherwise added to Consolidated Net Income or Consolidated EBITDA) shall no longer be permitted to be added back to the extent the cost savings, operating expense reductions, operating improvements and synergies have not been achieved within 24 months of the action or event giving rise to such cost savings, operating expense reductions, operating improvements and synergies.

  • Net emissions increase means, with respect to any regulated NSR pollutant emitted by a major stationary source, the amount by which the sum of the following exceeds zero:

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.