Escalator definition

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

Escalator means an installation defined as an

Escalator means the lesser of the following: (i) the increase, if any, in the Consumer Price Index (CPI) for All Urban Consumers in the San Francisco-Oakland-San Jose region (base years 1982-1984=100) published by the Bureau of Labor Statistics of the United States Department of Labor, or, if such index is no longer published, a similar escalator that is determined by the Successor Agency to be appropriate, and (ii) five percent (5%).

Examples of Escalator in a sentence

• The Adjustment Period Escalator will not be applied to Base Rent for the First Lease Year and the first year that any Market Adjustment is applied (i.e. Year 16, 31, 46, 61…etc…).

• The absence of equivocation cannot ensure the existence of a certificate (i.e., a quorum of votes).

• Section 1-2 Statutory Authority These regulations have been created pursuant to the Elevator and Escalator Certification Act, Title 9 Article 5.5 Section 116 of the Colorado Revised Statutes (C.R.S.).

• In addition, if the Annual Base Rent is increased as provided in Section 4.5, then the Base Rent Escalator shall continue to apply to each of the five (5) years following such increase, with the increase effective on the anniversary of the increase in Base Rent as provided in Section 4.5 in lieu of increases on January of each year.

• For the first 7 Lease years, Rent of $165,000,000 per Lease year, subject to the annual Escalator.

More Definitions of Escalator

Escalator means a power-driven, inclined, continuous stairway

Escalator means a power-driven, inclined, continuous stairway used for raising and lowering passengers.

Escalator. A moving staircase that is used to transport pedestrians between floors and consists of a motor driven chain of individual, linked steps that are attached to a continuously circulating belt.

Escalator means an installation as defined as an “escalator” in ASME A17.1/CSA B44.

Escalator means a conveyance defined as an escalator in the elevators and escalators safety code.

Escalator means an installation defined as an "escalator" in ASME A17.1.

Escalator. The sum of (a) one (1) plus (b) the greater of (i) two one-hundredths (0.02) and (ii) the CPI Increase.