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So far, escalation clauses have allowed the landlord to nearly double his rent.
That contract is costly, and escalation clauses will cost us a fortune over the next several years.
"If the lease contains a regular escalation clause, that's not a problem.
But because of escalation clauses and new leases, the centers saw their revenues rise.
It's grown to be equal in importance to rent and escalation clauses."
But some tenants accept escalation clauses that push up rents with wild abandon.
"Sometimes tenants do not appreciate the long-term economic effects of escalation clauses in the leases they sign," he said.
"Take a thin profit," he said, "and never accept an escalation clause in a shipbuilding contract."
The most popular escalation clause mirrors wage increases granted to union porters in office buildings.
And rents have steadily climbed, in large part because leases signed years ago contained escalation clauses.
New leases were offered for only one or two years, enabling the removal of escalation clauses that has caused so much distrust and distress.
It contains an escalation clause under which payments would increase in tandem with Salamanca's land values.
Now, more than half a century later, corporate tenants out shopping for space focus on nitty-gritty things like escalation clauses and electrical capacity.
Conversely, an escalation clause based on direct-operating expenses can turn each tenant into an amateur sleuth working against the landlord.
"They have to study escalation clauses, rent concessions, lease expirations and 'work letters' on improvements to the space," he said.
BACK in 1985, the big media company negotiated the escalation clauses in its new 10-year lease, and then basically forgot about them.
An escalation clause is a legitimate and widely accepted way for a landlord to cover increases in operating expenses over a 10- or 15-year lease term.
The escalation clauses are too costly, and they won't strike--they'll pull very subtle slow dances.
'And don't forget the escalation clause.
Moon was scheduled to earn $1.5 million in base salary last season, but under the escalation clause the Oilers paid him $3.033 million.
For some landlords in Manhattan, escalation clauses are simply part of the game, like rubber rulers to exaggerate the square footage of buildings they own.
Escalation clauses in leases had taken some rents as high as $70 a square foot - on a par with the best midtown skyscrapers.
They could negotiate high rents and aggressive escalation clauses that increased their rental revenues faster than their tax and operating expenses.
Annual escalation clauses in employment contracts can specify retroactive or future percentage increases in worker pay which are not tied to any index.
Andrew Yule cites the figure as "$150,000 with escalation clauses to $250,000, plus a percentage of the profits".
Even more curious, from Fox's point of view, was the decision not to add an escalator clause.
Escalator clauses have become more common, allowing for increases as costs rise.
The Jaguars never use escalator clauses or voidable years in their contracts.
Canada also proposed an escalator clause for an airline to increase services if its aircraft were more than 65 per cent full.
"But after approving it, we later concluded the escalator clause was a bonus prohibited under the rules."
However, with the invocation of the escalator clause, they were completed with 16-inch guns.
For example, some leases have escalator clauses based on the appraised value of the land, with a review every decade or so.
Japan formally rejected the 14-inch limit on 27 March 1937, meaning that the "escalator clause" could be invoked.
His expired 10-year, $189 million deal had no opt-out dates or escalator clauses.
The design of the North Carolina class was initiated before the escalator clause was invoked.
About seven years ago the Indian Cafe signed a 15-year lease, complete with escalator clauses, for the big restaurant space.
The "escalator clause"
And while tenants now negotiating leases immediately reject inflated escalator clauses, those who agreed to them years ago are demanding relief.
The price in the talks ranged between $22 million and $25 million, and Paramount pushed for an escalator clause.
Private contracts covering apartment leases, royalties, alimony, prenuptial and child support agreements may also have escalator clauses linked to price increases.
But so-called escalator clauses - which include sales, plus the books' position and duration on the best-seller list -could raise the guarantee to $11.6 million.
If the N.F.L. does not reopen the contracts, the remaining three years contain automatic escalator clauses.
For hard copies of Consumer Price Index publications or historical data and help with general index questions, including escalator clauses in contracts:
Compared with most major league contracts, filled with escalator clauses and incentive packages, Chase Utley's deal in the off-season was pretty basic.
Yet, Bellotti chafed as critics focused on the stadium expansion and on his $750,000 salary, with escalator clauses up to $1 million.
Due to the pressing need for the ships, the British unlike the US could not delay to take advantage of an escalator clause that would allow 16-inch guns.
The crux of Moon's dispute with the Oilers seems to be the escalator clause in the five-year, $10 million contract he signed with Houston in 1989.
In 2003, if he reaches certain incentives, an escalator clause will kick in giving Abraham an extra $600,000, and in 2004, that escalator increases to $1.1 million.
In addition, the N.F.L. can reopen the contracts after five years, and would do so if it felt it could negotiate higher increases than the escalator clauses provide.
Cost-of-living raises are also known as cost of living adjustments (COLAs), cost of living allowances and escalator clauses.