Projected Economic Benefits and Beneficiaries Sample Clauses

Projected Economic Benefits and Beneficiaries. The economic analysis of compact programs aligns with the theory reflected in the project logic diagrams. It consists of a cost-benefit analysis, which is summarized by an estimated economic rate of return (“ERR”), and a beneficiary analysis. The economic analysis informs the Indicators for each Project and is summarized below.
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Projected Economic Benefits and Beneficiaries. The Government and MCC have conducted an economic analysis of each Project to determine the cost effectiveness of the planned investments. The economic analysis of the Program consists of a cost-benefit analysis (“CBA”), which is summarized by an estimated ERR, as well as a beneficiary analysis. Each are described below, as well as key risks and assumptions.
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Projected Economic Benefits and Beneficiaries. The economic analysis for this Compact utilizes a consumer surplus approach to estimate the net benefits of the Program. The data for the economic analysis comes from a nationwide survey of over 5,700 households and businesses of their willingness to pay for electrical power. A key finding of the survey was the presence of a large secondary market for electricity in Benin, which accounts for nearly one-third of all household connections nationwide. The secondary market is a function of the high cost of and delay in connecting to the grid, and in those markets neighbors sell to neighbors at, in some cases, twice the price charged by the utility. The current estimated Program-level economic rate of return (“ERR”) is 12 percent. Key parameters influencing the ERR include the willingness to pay for electric power in secondary markets. The M&E Plan will also define in detail the persons or entities expected to benefit from the Program. Beneficiary analysis is an extension of economic rate of return analysis that seeks to disaggregate the total increase in income to determine specifically which segments of society will benefit from the Compact Projects and Activities. MCC considers beneficiaries1 of Projects and Activities to be those people who experience better standards of living as a result of the Project or Activity (as the case may be) through higher real incomes. Over the life of the Compact, 1,968,668 households (approximately 9.8 million people) are expected to benefit from the Program. The ratio between the present value of benefits and the present value of costs for the Program is US$1.11. Of that amount, US$0.04 benefit the “extremely poor”, US$0.03 benefit the “poor”, US$0.47 benefit the “near poor”, and US$0.57 benefit the “not poor”2. Of the US$1.11, US$0.83 benefit people with direct connections to the SBEE network, while US$0.28 benefit consumers in secondary markets in which direct customers of SBEE sell electricity to their neighbors. The M&E Plan will also outline key assumptions and risks that underlie the accomplishment of the theory of change summarized in the Program logic. However, such assumptions and risks will not excuse any Party’s performance unless otherwise expressly agreed to in writing by the other Party. With respect to the Policy Reform and Institutional Strengthening Project, the assumptions are: • ARE has the capability and autonomy required to fulfill its regulatory responsibilities; • A tariff policy and the Tariff Plan ar...
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Projected Economic Benefits and Beneficiaries. The economic analysis of compact programs consists of a cost-benefit analysis, which is summarized by an estimated ERR and a beneficiary analysis. This analysis for the Program is summarized below.
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Projected Economic Benefits and Beneficiaries. (a) Economic Rates of Return
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Projected Economic Benefits and Beneficiaries. ‌ The Irrigation and Market Access Project is estimated to increase xxxxxx incomes through both increased production and trade. The Irrigation Perimeter Development Activity is expected to increase both area cultivated, particularly during the dry season, and output per hectare. Farmers are expected to augment their incomes primarily by increasing the volume of their production through both enlarging their area cultivated and through improved yields. This Activity, together with the Management Services and Market Facilitation Activity, will make more land available for production through both an increase in area cultivated as well as through flood protection. Roads infrastructure serving the Dosso-Gaya perimeters is a complementary investment to the irrigation perimeter development. Rehabilitating and upgrading the road network within the Dosso-Gaya area through the Roads for Market Access Activity is expected to improve physical market access. With these targeted improvements on the road network, the Dosso-Gaya perimeters will be linked to the rest of the country. The main assumption underpinning the economic rate of return is that by using roads that are in good condition, the users of the roads will save on vehicle operating costs (due to reduced maintenance and repair) and on traveling time. The combined economic rate of return (“ERR”) for the Irrigation and Market Access Project is 17 percent. The Climate-Resilient Communities Project is expected to increase incomes for agro-pastoralists by increasing the quantities, the value and the price of agro-pastoral products sold as a result of the Project interventions in Eligible Communes and Livestock Corridors. The PRAPS Activity is expected to increase pastoralists’ incomes by improving animal health and improving infrastructure to ensure animal growth and value at time of sale. Vaccination of livestock against CBPP and PPR is expected to reduce disease incidence for both CBPP and PPR. Pastoralist income is expected to increase through avoided losses caused by the mortality and morbidity related to these diseases. Other activities, such as rehabilitation and upgrading of the Livestock Corridors, will increase income by improving animal growth and by allowing pastoralists to save on animal feed purchase through access to improved water points, pasture and market infrastructure. The benefit stream from the CRA Activity is based on the assumption that agro-pastoralist and xxxxxx income will increase by inves...
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Projected Economic Benefits and Beneficiaries. The ERR analysis calculates average economic opportunity costs of electricity disruptions by estimating losses in value added due to the costs of own generation of electricity and losses of value added due to the temporary cessation of economic activity. The midpoint ERRs for each project are presented in the table below. ECG Financial and Operational Turnaround Project 19% NEDCo Financial and Operational Turnaround Project TBD Regulatory Strengthening and Capacity Building Project (costs incorporated in ECG/NEDCo calculations) Not Applicable (wrapped into the ECG and NEDCo ERRs) Access Project Not Applicable Power Generation Sector Improvement Project 24%2 Energy Efficiency and Demand Side Management Project 27% The M&E Plan will also define in detail the persons or entities expected to benefit from the Program. Beneficiary analysis is an extension of economic rate of return analysis that seeks to disaggregate the total increase in income to determine specifically which segments of society will benefit from the Compact Projects and Activities. MCC considers beneficiaries3 of Projects and Activities to be those people who experience better standards of living as a result of the Project or Activity (as the case may be) through higher real incomes. The expected beneficiaries of this Compact are shown in Annex I, and the estimates of the number of beneficiaries may be updated in the final M&E Plan as additional information becomes available. The M&E Plan will also outline key assumptions and risks that underlie the accomplishment of the theory of change summarized in the program logic.
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Projected Economic Benefits and Beneficiaries 
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Related to Projected Economic Benefits and Beneficiaries

  • Compensation and Benefit Plans During the period from the date of this Agreement and continuing until the Effective Time, XM agrees as to itself and its Subsidiaries that, except as set forth in Section 4.1(k) of the XM Disclosure Schedule, it will not: (i) other than in the ordinary course of business consistent with past practice, enter into, adopt, amend (except for such amendments as may be required by law) or terminate any XM Benefit Plan, (ii) except as required by any XM Benefit Plan as in effect as of the date hereof and except for normal payments, awards and increases in the ordinary course of business consistent with past practice, increase in any manner the compensation or fringe benefits of any director, officer, employee, independent contractor or consultant or pay any benefit not required by any XM Benefit Plan as in effect as of the date hereof or enter into any contract, agreement, commitment or arrangement to do any of the foregoing, (iii) enter into or renew any contract, agreement, commitment or arrangement (other than a renewal occurring in accordance with the terms of an XM Benefit Plan) providing for the payment to any director, officer, employee, independent contractor or consultant of compensation or benefits contingent, or the terms of which are materially altered, upon the occurrence of any of the transactions contemplated by this Agreement, or (iv) provide, with respect to the grant of any stock option, restricted stock, restricted stock unit or other equity-related award on or after the date hereof to the extent permitted by Section 4.1(c), that the vesting of any such stock option, restricted stock, restricted stock unit or other equity-related award shall accelerate or otherwise be affected by the occurrence of any of the transactions contemplated by this Agreement.

  • General Benefits During the Term of Employment, the Executive shall be entitled to participate in such employee pension and welfare benefit plans and programs of the Company as are made available to the Company's senior-level executives or to its employees generally, as such plans or programs may be in effect from time to time, including, without limitation, health, medical, dental, long-term disability, travel accident and life insurance plans.

  • Extended Benefits If you are disabled on the date your healthcare coverage ends, your benefits will be temporarily extended for any continuous loss, which commenced while your coverage was in force. The services provided under this benefit are subject to all terms, conditions, limitations and exclusions listed in this agreement, and the care you receive must relate to or arise out of the disability you had on the day your healthcare coverage ended. Extended benefits apply only to the subscriber who is disabled. If you want to receive coverage for continued care when your coverage ends, you must provide us with proof that you are disabled. We will make a determination whether your condition constitutes a disability and you will have the right to appeal our determination or to take legal action. The extension of benefits will end upon the earliest of the following events: • the continuous disability ends; or • twelve (12) months from the termination date; or • payment of the benefit limits under this plan.

  • ADDITIONAL COMPENSATION AND BENEFITS The Executive shall receive the following additional compensation and welfare and fringe benefits:

  • Standard Benefits During the Employment Period, Executive shall be entitled to participate in all employee benefit plans and programs, including paid vacations, generally available to other similarly situated Company executives, subject to the terms and conditions of the applicable plans.

  • Covered Benefits Benefits for Bone Mass Measurement for the prevention, diagnosis, and treatment of osteoporosis are covered when requested by a Health Care Provider for a Qualified Individual.

  • Group Benefits To determine if a leave under the provisions of the Family and Medical Leave Act will be a paid or unpaid leave, contact the District’s Human Resources Department.

  • In-Kind Benefits and Reimbursements Notwithstanding anything to the contrary in this Agreement, all (A) reimbursements and (B) in-kind benefits provided under this Agreement shall be made or provided in accordance with the requirements of Section 409A of the Code, including, where applicable, the requirement that (w) any reimbursement is for expenses incurred during the Executive’s lifetime (or during a shorter period of time specified in this Agreement); (x) the amount of expenses eligible for reimbursement, or in kind benefits provided, during a calendar year may not affect the expenses eligible for reimbursement, or in kind benefits to be provided, in any other calendar year; (y) the reimbursement of an eligible expense will be made no later than the last day of the calendar year following the year in which the expense is incurred; and (z) the right to reimbursement or in kind benefits is not subject to liquidation or exchange for another benefit.

  • Death Benefits Upon the Executive’s death during the Contract Period, the Executive’s estate shall not be entitled to any further benefits under this Agreement.

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.

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