escalator clauses (0 synonym found)

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escalator clause  ·  escalation clauses

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Definition of escalator clauses:

(n) : (law) A clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined.
Definition of escalator clauses:

(n) : (law) A clause in a lease or contract that guarantees a change in the agreement price once a particular factor beyond control of either party affecting the value has been determined.
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