escalator clause

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English

Etymology

No etymology has been added yet.

Pronunciation

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Noun

escalator clause noun

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.

Verb

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Related terms

Synonyms

condition exit clause acceleration clause operative clause break clause weasel clause laesio enormis pedigree clause improving lease condition precedent condition subsequent sunset clause clause derogatory clause covenant tenendum

Usage & collocations

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Community definitions

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Usage in the wild

Real example sentences for escalator clause appear here as readers add them.

References