Escalation Rate definition
Escalation Rate means the rate at which the Rental payable by the Lessee shall be adjusted for the duration of this Lease Agreement or in respect of any Rental Review Period, if applicable, as set out in Annexure A;
Escalation Rate means the percentages mentioned in item 14 of Schedule 1, which adjusts the rental on every adjustment date;
Escalation Rate means two percent (2%) per annum.
Examples of Escalation Rate in a sentence
Escalation rates shall be justified and at a minimum based on Department of Energy’s Energy Escalation Rate Calculator (EERC).
More Definitions of Escalation Rate
Escalation Rate means CPI plus 3% (three percent);
Escalation Rate the seven ( %) percentages, which adjusts the rental on every adjustment date;
Escalation Rate means an annual percentage increase to be applied to the previous year’s energy savings, operational savings and service pricing, beginning and occurring on dates outlined in the Performance Assurance, Exhibit C. A different Escalation Rate may be applied to differing Savings calculations and/or payment schedules depending on the percentage agreed upon by the Parties.
Escalation Rate. – means the percentage mentioned in item 9 on Schedule A, which adjusts the rental on every adjustment date;
Escalation Rate. On each anniversary of the Rent Commencement Date two and one-half percent (2.5%) per year on a cumulative basis.
Escalation Rate means the rate identified on Page 1 of this Agreement labeled “Escalation Rate” by which the Annual Plan Cost is adjusted annually by the greater of (a) one hundred percent (100%) of any increase in the ECI during the previous calendar year, or (b) three percent (3%).
Escalation Rate means the publicly quoted repurchase rate of interest, calculated based on a 365 day year irrespective of whether or not the year is a leap year, from time to time published by the South African Reserve Bank as being its repo rate. For purposes of the above illustrative example, a repo rate of 8.25% as at 1 February 2024 has been utilised.