escalation clause
1escalation clause — USA escalation clause, Also known as a stop clause or participation clause. In a commercial lease, a provision that requires the tenant to pay its pro rata share of increases in building costs, such as real estate taxes and operating expenses.… …
2escalation clause — UK US noun [C] COMMERCE, LAW ► ESCALATOR CLAUSE(Cf. ↑escalator clause) …
3escalation clause — escalator clause or escalation clause noun A clause in an agreement allowing for adjustment up or down according to change in circumstances, as in cost of material in a work contract or in cost of living in a wage agreement • • • Main Entry:… …
4escalation clause — A clause in a contract authorizing the contractor to increase the price in specified conditions of all or part of the services or goods he has contracted to supply. Escalation clauses are common in contracts involving work over a long period in… …
5escalation clause — /ɛskəˈleɪʃən klɔz/ (say eskuh layshuhn klawz) noun a provision in a contract allowing for adjustments up or down under specific economic conditions, as in the cost of living in a wage agreement. Also, escalator clause …
6escalation clause — /ˌeskə leɪʃ(ə)n klɔ:z/ noun same as escalator clause …
7escalation clause — /ˌeskə leɪʃ(ə)n klɔ:z/ noun same as escalator clause …
8escalation clause — See escalator clause …
9escalation clause — See escalator clause …
10De-Escalation Clause — An article in a contract that calls for a price decrease if there is a decrease in certain costs. For example, a de escalation clause may stipulate that maintenance fees will be reduced if the item being maintained depreciates in value. A de… …
