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escalator clause
Language
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Edit
English
edit
Noun
edit
escalator
clause
(
plural
escalator clauses
)
English
Wikipedia
has an article on:
escalator clause
Wikipedia
(
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.