An escalation clause is 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. An important example of this is a contract that adjusts for inflation. Escalation clauses are quite common in construction contracts to cover unexpected costs due to fluctuations in the prices for raw materials, fuel, and labor during the course of the construction project.
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| - Preisgleitklausel (de)
- Escalation clause (en)
- Clause d'indexation (fr)
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| - Eine Preisgleitklausel ist eine Wertsicherungsklausel, bei Zahlungsbedingungen, mit der sich z. B. der Lieferant das Recht vorbehält, bei Erhöhung seiner Selbstkosten den Preis einer Ware anzupassen (Leistungsvorbehalts- oder Kostenelementesklausel). (de)
- An escalation clause is 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. An important example of this is a contract that adjusts for inflation. Escalation clauses are quite common in construction contracts to cover unexpected costs due to fluctuations in the prices for raw materials, fuel, and labor during the course of the construction project. (en)
- Une clause d'indexation ou clause d'échelle mobile est une clause de contrat qui prévoit qu'un de ses éléments (prix, pension) évoluera en fonction de l'évolution d'une autre donnée (indicateur économique). (fr)
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| - Eine Preisgleitklausel ist eine Wertsicherungsklausel, bei Zahlungsbedingungen, mit der sich z. B. der Lieferant das Recht vorbehält, bei Erhöhung seiner Selbstkosten den Preis einer Ware anzupassen (Leistungsvorbehalts- oder Kostenelementesklausel). (de)
- An escalation clause is 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. An important example of this is a contract that adjusts for inflation. Escalation clauses are quite common in construction contracts to cover unexpected costs due to fluctuations in the prices for raw materials, fuel, and labor during the course of the construction project. (en)
- Une clause d'indexation ou clause d'échelle mobile est une clause de contrat qui prévoit qu'un de ses éléments (prix, pension) évoluera en fonction de l'évolution d'une autre donnée (indicateur économique). (fr)
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