Actual Savings definition

Actual Savings is defined as the sum of the total savings realized using the procedures defined in Schedule D plus all adjustments and additional guaranteed savings.

Actual Savings means, in respect of the ZEB Fleet during any period of time, the sum (which may be positive or negative) of (A) + (B) + (C), where:

Actual Savings. ' means, in respect of a Savings Contract, the aggregate of the actual savings contributions an Eligible Employee has made by the day in question and interest accrued thereon less any amount withdrawn before then;

Examples of Actual Savings in a sentence

• Actual Savings will be determined using the Assumed Savings Procedure Adjustment for all billing periods until the required non-routine baseline adjustment steps have been completed, or until the change which necessitated the non-routine baseline adjustment is no longer in place.

• If the Actual Savings for the affected meter(s) in the prior Guarantee Year are greater than or equal to the projected savings for the affected meter(s), the Actual Savings from the prior Guarantee Year will be reported while savings are assumed for the affected meter(s).

• Actual Savings will be determined using the Estimated Savings Procedure Adjustment for all billing periods until the required non-routine baseline adjustment steps have been completed, or until the change which necessitated the non-routine baseline adjustment is no longer in place.

• If ESCO has written a savings shortfall check to Customer, and later Actual Savings exceed the Performance Guarantee to date, Customer will reimburse ESCO up to the amount of ESCO'S shortfall check(s), to the extent that the shortfall is made up by Excess Savings.

• Within sixty (60) days of receipt of such information for the previous Guarantee Year, ESCO will determine the Actual Savings for such Guarantee Year hereafter defined as “Savings Reconciliation”.

More Definitions of Actual Savings

Actual Savings has the meaning specified in Section 2 (Definitions) of Annex B-1 (Savings Measurement Methodology).

Actual Savings means actual amount of the savings achieved by the Supplier in each Year, as further described in paragraph 12 of Schedule 5 (Charges);

Actual Savings means the aggregate actual savings in Utilities usage in the relevant measurement unit in each Contract Year for the Measured Assets and the Warranted Assets, calculated in accordance with the principles outlined in the Investment Grade Proposal;

Actual Savings means the savings achieved by Consultant as determined at the completion of each phase based on the Metrics.

Actual Savings means the sum of the Actual Strategic Sourcing Savings plus Actual Tactical Savings.

Actual Savings means the total savings realized or stipulated to by Customer, as determined using the procedures for measurement of savings set forth in Schedule D and Schedule E.

Actual Savings means: (a) for all holders of the Series C Voting Preferred Stock, other than holders who are members of ALPA, or trusts or other arrangements for the benefit of members of ALPA, or their respective transferees who are Qualified Holders, the aggregate amount of (1) the basic hourly rate of pay in gross dollars which would have been paid, but for the agreements contained in the Compensation Plan Letters, less the basic hourly rate of pay in gross dollars which was paid during the Wage Savings Period, plus (2) the vacation liability which would have been accrued prior to use but for the agreements contained in the Compensation Plan Letters, other than the ALPA Compensation Plan Letter, less the vacation rate which has been accrued prior to use during the Wage Savings Period, in each case for each employee employed at any time during the Wage Savings Period; and (b) for all holders of the Series C Voting Preferred Stock who are members of ALPA, or trusts or other arrangements for the benefit of members of ALPA, or their respective transferees who are Qualified Holders, the aggregate amount of (1) the basic hourly rate of pay in gross dollars which would have been paid, but for the agreements contained in the ALPA Compensation Plan Letters, less the basic hourly rate of pay in gross dollars which was paid during the Wage Savings Period, plus (2) $60.250 million, such amount to be allocated monthly pro rata over the Wage Savings Period.