Share-in-savings Sample Clauses

Share-in-savings. The Grantor expects to share in any cost savings realized by the Grantee. Therefore, final Grantee reimbursement will be based on actual expenditures. Exceptions to this requirement must be approved in writing by the Grant Administrator.
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Share-in-savings. If the final Project Reimbursable Costs Plus Fixed Fees, as presented by Contractor within sixty (60) days after Final Completion and then reviewed and audited by the Owner, are less than the GMP, as adjusted for any changes made in accordance with this Agreement, then savings represented by the difference shall be shared on the following basis: 30% to the Contractor and 70% to the Owner. SAMPLES
Sample 1
Share-in-savings. Any net savings estimated to accrue to the Contractor due to an approved VECP will be split equally between the Authority and the Contractor, after taking into account any additional costs anticipated to be incurred by the Authority resulting from the VECP, including costs relating to Relocations, ROW and implementation. The Contractor is not entitled to share in either of the following:  Any measurable net reductions in the Authority’s costs resulting from the VECP, including costs of maintenance by the Authority and logistics, excluding net reductions in the Authority’s costs relating to right-of-way; or  Any reductions in the cost of performance of future contracts resulting from a VECP.
Sample 1
Share-in-savings. The State expects to share in any cost savings realized by the Recipient. Therefore, final Recipient reimbursement will be based on actual expenditures. Exceptions to this requirement must be approved in writing by the MSF Fund Manager.
Sample 1

Related to Share-in-savings

  • Profit Sharing Plan Under the Northrim BanCorp, Inc. Profit Sharing Plan (the “Plan”), Executive shall be eligible to receive an annual profit share based on performance as defined by the Board of Directors. Executive will be classified in the Executive tier under the Plan’s Responsibility Factors. If Employer is required to prepare an accounting restatement due to “material noncompliance of the Employer,” the Employer will recover from the Executive any incentive compensation during the three (3) years prior to the date of the restatement, in excess of what would have been paid under the restatement. Executive’s signature on this Agreement authorizes Employer to offset or deduct from any compensation Employer may owe Executive, any excess payments (in whole or in part) that Executive may owe Employer due to such restatement(s).

  • Cost Sharing a) With respect to the funding in C6.1a), should there be an amount of employee co-pay, the Trust shall advise boards what that amount shall be. Unless advised otherwise, there will be no deductions upon the Participation Date. b) Any further cost sharing or funding arrangements as per previous local collective agreements in effect as of August 31, 2014 remain status quo.

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