Cost Offset definition
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.