Common use of Rate of Escalation Clause in Contracts

Rate of Escalation. a. License Fees shall be subject to annual escalation of 10%. b. The First Annual escalation will be applicable after completion of One year (12) months’ license period. Thereafter, the same will be applicableafter completion of subsequent one-year period there from. In case of extension in gestation period is given due to whatsoever reason, the date of first escalation period shall be reckoned from the original date of commencement of contract(i.e. commencement date had there been no extension in gestation period).

Rate of Escalation. a. License Fees shall be a) The MONTHLY LICENCE FEE is subject to annual escalation of 10%. b. b) The First Annual first annual escalation will be applicable after completion of One one year (12) months’ + six months license period. Thereafter, Thereafter the same will be applicableafter applicable after completion of subsequent one-year period there from. In case of extension in gestation period is given due to whatsoever reason, the date of first escalation period shall be reckoned from the original date of commencement of contract(i.e. contract (i.e. commencement date had there been no extension in gestation period).

Rate of Escalation. a. License Fees shall be subject to annual escalation of 10%. b. The First Annual escalation will be applicable after completion of One year (12) months’ license period. Thereafter, the same will be applicableafter applicable after completion of subsequent one-year period there from. In case of extension in gestation period is given due to whatsoever reason, the date of first escalation period shall be reckoned from the original date of commencement of contract(i.e. contract (i.e. commencement date had there been no extension in gestation period).