Cost Offset definition

Cost Offset means an offset (other than an Emissions Offset or a Fuel Cost Allowance) against refunds in the EL00-95 Proceeding based upon costs incurred by the Participant claiming the offset. See, e.g., San Diego Gas & Elec. Co., 114 FERC
Cost Offset means an offset, discount, deduction, reduction, markdown or concession provided by a third party to the Corporation in connection with an HPN217 Licensing Transaction or a Qualified Transaction against any previously agreed to cost, fee, expense, or other amount payable by the Corporation which has previously been approved by the Board of Directors as part of a fully funded and budgeted expense to the Corporation; provided, that if any portion of such offset, discount, deduction, reduction, markdown or concession applies to a future year, it shall be deemed a “Cost Offset” (and the Corporation shall be deemed to have received Net Proceeds) when the corresponding cost, fee, expense or other amount payable by the Corporation in connection with such HPN217 Licensing Transaction or such Qualified Transaction would have become due and to the extent that the Corporation has a corresponding amount of cash, cash equivalents and investment securities in excess of the amount budgeted to cover expenses for such future year.
Cost Offset means an offset (other than an Emissions Offset or a Fuel Cost Allowance) against refunds in the EL00-95 Proceeding based upon costs incurred by the Participant claiming the offset. See, e.g., San Diego Gas & Electric Co. ▇. ▇▇▇▇▇▇▇, et al., 114 FERC ¶ 61,070 (Jan. 26, 2006).

Examples of Cost Offset in a sentence

  • Ipsen may credit any Study Cost Offset Amount (if applicable) with respect to a Licensed Product against the amount of sales milestone payments set forth in Section 8.3(a) to the extent not previously credited against sales milestone payments under this Section 8.3(d) or royalties under Section 8.4(d) with respect to such Licensed Product.

  • Written concurrence of the Association President, CSEA President, and District Superintendent are required to remove/distribute any monies from the Benefits Cost Offset Fund except for the distribution authorized below.

  • Any equity distributions/rebates from REEP shall be placed into a separate fund, hereafter referred to as the Benefits Cost Offset Fund, Fund No. 110, to be used to offset benefit cost increases.

  • Each participating entity's (e.g., District, CSEA, BTA) proportionate share of any such distribution, as determined by the ratio of employee lives to overall District participating employee lives for the distribution year, shall be segregated within the separate Benefits Cost Offset Fund.

  • The parties agree that the terms of the Securitized Storm Cost Recovery (“SSCR”) Rider and the Securitized Storm Cost Offset (“SSCO”) Rider (included in Appendix B of the attached draft Financing Order and Exhibit 2 of this Agreement in Principle) are reasonable, with the understanding that the rates reflected in Riders SSCR and SSCO will be updated as part of the IAL process described in the Financing Order.

  • Salaries 6 12.1 Rates of Pay 6 12.2 Starting Rate 7 12.3 Step Increases 7 12.4 Conversion Rate 7 12.5 Deferred Compensation 8 12.6 Equity Adjustment 8 12.7 Retention Pay 8 12.8 One-Time Healthcare Premium Cost Offset 8 Section 13.

  • As consideration, in addition to the services described in Appendix B hereto, ALPS agrees it will pay to Adviser a Conversion Cost Offset Payment (as defined below) in consideration of the Adviser’s recommendation that Trust terminates certain service arrangements with Incumbent Service Providers, the Trust’s actual termination of those certain service arrangements and the Trust’s actual entry into this Agreement with ALPS.

  • The Item in the Cover Sheet corresponding to this Section identifies the date(s) of any Settling Supplier Cost Offset filing.

  • The Adviser agrees that the Conversion Cost Offset Payment is payable only in the event of actual termination of the Current Services Agreements and its actual entry into this Agreement with ALPS.

  • To the extent applicable, Additional Settling Participants shall be deemed to have withdrawn their comments concerning the Settling Supplier Cost Offset filing on the date of their election to be bound by this Agreement.


More Definitions of Cost Offset

Cost Offset means an offset (other than an Emissions Offset or a Fuel Cost Allow- ance) against refunds in the EL00-95 Proceeding based upon costs incurred by the Par- ticipant claiming the offset. See, e.g., San Diego Gas & Elec. Co., 114 FERC ¶ 61,070 (2006).
Cost Offset means an offset (other than an Emissions Offset or a Fuel Cost Allowance) against refunds in the EL00-95 Proceeding based upon costs incurred by the Participant claiming the offset. See, e.g., San Diego Gas & Elec. Co. v. Sellers, et al., 114 FERC ¶ 61,070 (Jan. 26, 2006).

Related to Cost Offset

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).