escalator clause


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Related to escalator clause: Graduated lease, index lease
  • noun

Synonyms for escalator clause

a clause in a contract that provides for an increase or a decrease in wages or prices or benefits etc

Synonyms

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References in periodicals archive ?
Trucking, which has 350 trucks traversing 11 states, built a fuel-price escalator clause into its contracts after oil-price spikes in 2000.
25 percent raises each year for five years, and they have an escalator clause to account for inflation, which could nearly double the raises.
However, Ecclestone has taken a considerable financial hit on that figure, estimated to be at least pounds 60m, as he has been talked down from an original seven per cent escalator clause on the initial pounds 12m starting fee.
9 million) over the 17 years, including a 5 per cent annual escalator clause.
However, Ecclestone has taken a considerable financial hit on that figure, estimated to be at least pounds 60million, as he has been talked down from an original seven per cent escalator clause on the initial pounds 12million starting fee.
However, Ecclestone has taken a considerable financial hit on that figure, estimated to be at least pounds 60m, talked down from an original seven per cent escalator clause on the pounds 12m starting fee.
The current possibilities include a six-year term, a $100,000 Capital Grant to be paid in two installments, annual PEG support of 25 percent with a 3 percent escalator clause and a senior/handicapped discount of 10 percent off of basic-tier services.
Several officials familiar with the package said it does not include an escalator clause to allow higher increases depending on inflation.
He said discussions about an escalator clause for health funding was being negotiated.
A rent escalator clause in the lease made it advantageous to buy the property in 1997, the only purchase period permitted.
The case mainly involves the development of a residential suburb in a prime location in Vancouver and the Court having to decide what a rent escalator clause in some long term leases should mean.
Whether or not a given union contract contains an escalator clause depends on the valuation of such a provision by both workers and the employer and, in turn, on risk preferences of the two parties.
Park claims the fee was too high when originally negotiated, and a 10% escalator clause in the seven-year deal that runs through to 2016 is beyond their means.
This proposal recommends that SCNA adopt a dues escalator clause as part of the SCNA Dues Policy.
When Sciame first purchased the historic property, he purchased title insurance from First American Title Company in the amount of six million dollars with an escalator clause that gradually increased the amount of the policy to over nine million dollars at the time of the trial.