Increase Cap definition

Increase Cap means three percent (3%).

Increase Cap has the meaning given such term in Section 1.1(f).

Increase Cap has the meaning specified in Section 5.3(c) (Maximum Annual Adjustment for Change in Governmental Requirements).

Examples of Increase Cap in a sentence

• Revenue Increase Cap Allocation (Basic Service) Cambridge maintains that the Companies’ bill impact analysis used basic service prices from the first quarter of 2017 (Cambridge Brief at 14; Cambridge Reply Brief at 3).

• The parties acknowledge and agree that (i) the aggregate reimbursement due for compensation (excluding insurance and retirement benefits) under this Section for the first year of this Agreement is $185,000, and (ii) the maximum increase for each subsequent year shall not exceed the Annual Increase Cap.

• The per meeting compensation is (i) payable for actual attendance at Advisory Board meetings held concurrently with the Board only and (ii) also applicable for attendance at duly called committee meetings pursuant to Section 2.2. The Advisor may increase the per meeting compensation annually by giving sixty (60) days written notice to Insurer, but in no event shall any such increase exceed the Annual Increase Cap.

• If the Closing has not occurred by September 1, 2003, the Increase Cap shall increase by $25,000 for each month from September 1, 2003 through the Closing Date.

• Any rate changes initiated by County, whether increasing or decreasing, shall not be counted towards the Increase Cap.

• Revenue Increase Cap Allocation (Basic Service) TEC maintains that the allocation of the final revenue requirement that the Department approves is subject to two caps: (1) a statutory ten-percent cap on the overall increase; and(2) the Department’s cap that limits the increase to no more than double the average increase across all rate classes (i.e., a 200-percent cap on the distribution revenue increase) (TEC Brief at 8).

• Have The DPD Look Into Ordinance To Increase Cap For Marijuana Dispensaries.

• The parties acknowledge and agree that (i) the aggregate reimbursement due for compensation (excluding insurance and retirement benefits) under this Section for the first year of this Agreement is $62,500, and (ii) the maximum increase for each subsequent year shall not exceed the Annual Increase Cap.

• No employee may be below the minimum Step 0 on the Hiring Grid for their classification regardless of years of experience or any Wage Increase Cap placed on a wage increase.

• UK to Increase Cap on Nuclear Warhead Stockpile.” would be mentioned in the final document.