Price escalator definition

Price escalator means a mutually agreed-upon price specified in the contract, to cover anticipated cost increases over the life of the contract.

Examples of Price escalator in a sentence

  • Price escalator clauses may be included but must be proportional to an objectively determined index, such as the Consumer Price Index.

Related to Price escalator

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

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • De-escalation means the use of a behavior management technique that helps a student increase the student’s control over the student’s emotions and behavior and results in a reduction of a present or potential level of danger that in turn reduces the level of imminent danger of serious physical harm to the student or others.

  • Day-ahead Congestion Price means the Congestion Price resulting from the Day-ahead Energy Market.

  • On-premise beer retailer means a beer retailer who is: