Cash Savings definition

Cash Savings means money which is not classified as income.
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Cash Savings shall be defined as the difference between the lowest price (after cash discounts) at which Merchant could reasonably pay for any such merchandise or services through Merchant's normal channels and the price at which D&W will sell to Merchant any such merchandise or service. Upon delivery of any such items to Merchant by D&W, Merchant will pay D&W such lower cash cost for the item delivered under the terms mutually agreed to between Merchant and D&W each time merchandise or services are sold to Merchant by D&W. "Cash Savings'shall be realized by Merchant through those purchase orders issued by Merchant to D&W and the respective invoices issued by D&W to Merchant which specifically outline the "Cash Savings" Merchant is to receive for any merchandise or services sold to Merchant.
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Cash Savings a. In addition to and separate from the Guaranteed Amount, Expenses and the Sharing Amount, the difference between the actual cost of the Merchandise on Merchant's books and the Guaranteed Amount, shall be paid by D&W Enterprises, Inc. ("D&W") to Merchant solely in the form of "Cash Savings" on merchandise, services, travel/hotels and media that Merchant may be interested in purchasing from D&W and that may be contained in D&W's then current inventory.
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Examples of Cash Savings in a sentence

  • A Participant returning to active employment within the period prescribed by law after a period of qualified military service may elect to make Cash Deferrals and Cash Savings Contributions for the period of qualified military service to the extent and within the period prescribed under Code Section 414(u).

  • The Committee shall maintain or cause to be maintained for each Participant a Cash Deferral Account, a Cash Savings Account, a Profit Sharing Account, a Matching Account, a Rollover Account and a Merger Account.

  • Any Subtitle D municipal solid waste landfill acquired by the Borrowers and the Agent and Majority Banks have approved the inclusion of Proforma Cash Savings with respect thereto in Proforma EBITDA.

  • If neither of the tests in Section 6.6 is satisfied at the end of the Plan Year, then the Committee may request the Employers to make additional contributions on behalf of Non-Highly Compensated Employees or distribute Cash Savings Contributions and Matching Contributions (including any gain or loss thereon) to Highly Compensated Employees within 2-1/2 months after the end of the Plan Year.

  • For purposes of determining the amount of a Participant's Cash Deferrals, Cash Savings Contributions, Matching Contributions, Profit Sharing Contributions and Discretionary Contributions, if any, Allocable Compensation during any portion of the Plan Year in which the Participant is not eligible for participation in the Plan shall be disregarded.

  • The Proforma Cash Savings shall be based on (a) the prior twelve month actual waste volume handled by the Borrowers' collection operations and disposed of at third-party landfills or transfer stations (increased by the waste volumes of acquired Subsidiaries as if such Subsidiaries had been owned for the period of determination), and (b) the average third-party disposal costs per ton in the latest quarter for such waste volume.

  • Subject to Section 4.3, elections to make, vary, discontinue or resume Cash Deferrals or Cash Savings Contributions shall be made at the time, in the form, and in accordance with the rules established by the Committee, which may include delivery by telephonic or other electronic media.

  • The term "Cash Savings Account" means a Participant's Cash Savings Contributions and the income, losses, appreciation and depreciation attributable thereto.

  • Subject to Article VI, an Employee who has satisfied the eligibility requirements of Section 3.1(a) may elect to have his or her Allocable Compensation reduced in whole percentages each payroll period and a corresponding amount contributed to the Plan as a Cash Savings Contribution.

  • To conform the operation of the Plan to Sections 401(a)(4), 401(k), 401(m) and 415 of the Code, the Committee may unilaterally modify or revoke any Cash Deferral or Cash Savings Contribution election made by a Participant or may reduce the level of Matching Contributions made on behalf of Highly Compensated Employees.