Examples of Escalation Date in a sentence
Partial EscalationPartial Escalation is calculated on benefits that commence prior to the member’s Full Escalation Date.
If a member first begins receiving benefits on the same date as the Full Escalation Date, the member will receive Full Escalation which is the lesser of 3.0% or the Cost-of-Living Index increase, as computed on the December 31 of each prior year for benefits being escalated the following April.
Queensland Rail will publish the escalated inputs of the Reference Tariff on its website within five Business Days after each Escalation Date commencing with the First Escalation Date.
If a member first begins receiving benefits on the same date as the Full Escalation Date, the member will receive Full Escalation which is the lesser of 3.0% or the Cost- of-Living Index increase, as computed on the December 31 of each prior year for benefits being escalated the following April.
Upon the election of any extension of the Commercial Operation Date, Seller shall deliver a certification in the form of Exhibit F setting forth the total number of days of such extension and establishing the new annual Escalation Date.