Benefit of the bargain definition

Benefit of the bargain means the difference, if any, between the value of UBS, L.P.’s business after the individuals or entities committed the wrongful acts against UBS, L.P., and the value of UBS, L.P.’s business if the individuals or entities had not committed such wrongful acts against UBS, L.P.
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Examples of Benefit of the bargain in a sentence

  • Benefit of the bargain damages are not recoverable in the event of the breach of a “no shop” prohibition in a Letter of Intent which is nonbinding, although liquidated damages set forth in a properly drafted provision will be enforceable.

  • Benefit of the bargain is the difference between the value of what the plaintiff would have received if the misrepresentations had been true, and the actual value of what the plaintiff received .

  • None of this, of course, implies that the Milankovitch Cycle is wrong.

  • Benefit of the bargain damages are only available when the loss is based on a strict contractual expectation, not expert speculation.

  • Benefit of the bargain to the injured party’s reasonable expectation.Sometimes this involves specific performance, but this is not typical.

  • Benefit of the bargain damages are calculated based on the difference between the value as represented by the seller and the value actually received by the buyer.

  • Benefit of the bargain damages are measured by the difference between the value as represented and the value received.108B.

  • Linguistics grew as a body of knowledge and understanding concerning the nature and functioning of human knowledge, the first period of linguistics was obviously devoted to the exploration of genetic relationship between languages.This gave rise to historical and comparative linguistics.

  • Any action required or permitted to be taken at any meeting of a committee of the Board of Directors may be taken without a meeting, if a consent in writing to such action is signed by each member of the committee and such written consent is filed with the minutes of proceedings of such committee.

  • Benefit of the bargain damages are designed to place the plaintiff in the same economic position it would have been if the defendant had performed.

Related to Benefit of the bargain

  • Non-U.S. Benefit Plan has the meaning set forth in Section 3.20(a).

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).

  • Health benefit plan means a policy, contract, certificate or agreement offered or issued by a health carrier to provide, deliver, arrange for, pay for or reimburse any of the costs of health care services.

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Unfunded Pension Liability means the excess of a Pension Plan’s benefit liabilities under Section 4001(a)(16) of ERISA, over the current value of that Pension Plan’s assets, determined in accordance with the assumptions used for funding the Pension Plan pursuant to Section 412 of the Code for the applicable plan year.

  • contributory employment and support allowance means an allowance under Part 1 of the Welfare Reform Act 2007 as amended by the provisions of Schedule 3, and Part 1 of Schedule 14, to the Welfare Reform Act 2012 that remove references to an income-related allowance and a contributory allowance under Part 1 of the Welfare Reform Act 2007 as that Part has effect apart from those provisions;

  • Civil penalty means a penalty which is imposed on a credit provider by the operation of this Act and under which the debtor is not liable to pay to the credit provider an amount otherwise payable under a regulated contract.

  • Retiree means any person who has begun accruing a retirement

  • Basic health benefit plan means any plan offered to an individual, a small group,

  • Title IV-E Foster Care means a federal program authorized under §§ 472 and 473 of the Social

  • Retiree Health Plan means an "employee welfare benefit plan" within the meaning of Section 3(1) of ERISA that provides benefits to individuals after termination of their employment, other than as required by Section 601 of ERISA.

  • Pension Plans The meaning specified in Section 4.1(v).

  • BENEFIT LIMIT means the total benefit allowed under this plan for a covered healthcare service. The benefit limit may apply to the amount we pay, the duration, or the number of visits for a covered healthcare service.

  • housing benefit means housing benefit under Part 7 of the SSCBA;

  • income-related employment and support allowance means an income-related allowance under Part 1 of the Welfare Reform Act 2007;

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • pension means a pension or annual allowance paid under the Public Service Superannuation Act (PSSA), R.S., 1985, c. P-36, and any increases paid pursuant to the Supplementary Retirement Benefits Act, R.S., 1985, c. S-24 as it affects the PSSA. It does not include pensions payable pursuant to the Canadian Forces Superannuation Act, R.S., 1985, c. C-17, the Defence Services Pension Continuation Act, 1970, c. D-3, the Royal Canadian Mounted Police Pension Continuation Act , 1970, c. R-10, and the Royal Canadian Mounted Police Superannuation Act, R.S., 1985, c. R-11, the Members of Parliament Retiring Allowances Act, R.S. 1985, c. M-5, and that portion of pension payable to the Canada Pension Plan Act, R.S., 1985, c. C-8.

  • Welfare means that language referring to effects on welfare includes, but is not limited to, effects on soils, water, crops, vegetation, man-made materials, animals, wildlife, weather, visibility and climate, damage to and deterioration of property, and hazards to transportation, as well as effects on economic values and on personal comfort and well-being.

  • Unfunded Benefit Liabilities means, with respect to any ERISA Plan at any time, the amount (if any) by which (i) the present value of all accrued benefits calculated on an accumulated benefit obligation basis and based upon the actuarial assumptions used for accounting purposes (i.e., those determined in accordance with FASB statement No. 35 and used in preparing the ERISA Plan’s financial statements) exceeds (ii) the fair market value of all ERISA Plan assets allocable to such benefits, determined as of the then most recent actuarial valuation report for such ERISA Plan.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Seller 401(k) Plan has the meaning set forth in Section 5.5(e).

  • Unfunded Pension Liabilities with respect to any Pension Plan, at any date of determination, the amount determined by taking the accumulated benefit obligation, as disclosed in accordance with Statement of Accounting Standards No. 87, "Employers' Accounting for Pensions", over the fair market value of Pension Plan assets.

  • benefit liabilities has the meaning specified in section 4001 of ERISA and the terms “current value” and “present value” have the meaning specified in section 3 of ERISA.

  • Compensation and Benefits Programs means all compensation and benefit plans, policies, and programs of the Debtors, and all amendments and modifications thereto, applicable to the Debtors’ employees, former employees, retirees, and non-employee directors and the employees, former employees and retirees of their subsidiaries, including all savings plans, retirement plans, health care plans, disability plans, and incentive plans, deferred compensation plans, and life, accidental death, and dismemberment insurance plans.