Escalator Clause

Escalation: Exploring Mechanisms and Implications
Elucidating the concept of Escalation, its various types, implementations, and implications, with a particular focus on Escalator Clauses in contracts.
Escalator Clause: Dynamic Cost Adjustment in Contracts
An escalator clause is a provision in a contract that allows for the adjustment of costs in response to specific economic conditions. Common in employment and lease agreements, these clauses ensure that wages and payments remain equitable in volatile markets.

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