escalation clause (0 synonym found)

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escalator clause  ·  escalation clauses

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Definition of escalation clause:

(N) : An escalation clause is a clause in a lease or contract that allows for a change in the agreed-upon price in response to a specific factor that is outside of the control of either party.
Definition of escalation clause:

(N) : An escalation clause is a clause in a lease or contract that allows for a change in the agreed-upon price in response to a specific factor that is outside of the control of either party.
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