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Where you agree to automatic raises in the amount you will pay........
By:  UberTroll (Flame Warriors; 2114)
Posted on: 06-09-2005 22:01.
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In other words, I agree to pay $300,000, but will raise my bid in increments of $3,000 over any other produceable offers up to a maximum value of $350,000.

that is the jist of escalation clauses.