Direct Contribution definition

Direct Contribution means a contribution to a retirement fund, plan, or program paid directly on behalf of a staff member to the fund trustees or trust, or in the case of a national social security retirement program, to the appropriate authority. It does not include contributions made directly to the staff member for deposit in such a fund, plan, or program.

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Direct Contribution means net sales less standard cost of goods sold, less direct expenses, including but not limited to, freight and selling expenses, based upon the Company’s financial statements, as determined by the Committee with respect to Awards to the President and CEO, or by the Committee together with the President and CEO in all other cases.

Direct Contribution means, with respect to a specified period, the direct contribution to Buyer Parent and its Subsidiaries in respect of the Business, calculated in accordance with, and using the line items identified in, the Earn Out Calculation Principles.

Examples of Direct Contribution in a sentence

• The Direct Contribution of Infrastructure or assessment of costs for infrastructure, the System Connection Fee, and the assessment or surcharge on Water Rates shall be reasonable, based on established industry standards, and designed solely to recapture the cost of acquiring or assuming liability of the New Customers Infrastructure and expanding the Distribution, Production and/or Transmission Facilities which the Utility Policy Committee, determines shall not be allocated to the Rate Base.

• The transfer, assignment and exchange effectuated pursuant to this Agreement shall constitute a "Capital Contribution" to the Operating Partnership pursuant to Article 4 of the OP Agreement and is intended to be governed by Section 721(a) of the Code, and each Contributor (including any transferor in connection with a Direct Contribution, if any, as provided hereunder) hereby consents to such treatment.

• The remaining costs of expansion (which are not recaptured by Direct Contribution of Infrastructure or assessment of costs for infrastructure, a System Connection Fee, and/or an assessment or surcharge on Water Rates) shall be added to the Rate Base, allocated to the Customer Classes as described in Article 8 and accounted for in the City’s Reliability Study and Capital Improvement Plan.

• New Customers located outside the geographic boundary of the City and/or Township(s) who are provided water and/or water services through expansion, shall be assessed and pay Equivalent Water Rates to those assessed and paid by the then-current Customers of the Public Water Supply System plus any additional Direct Contribution of Infrastructure or assessment of costs for infrastructure, System Connection Fee, and/or an assessment or surcharge on Water Rates as established by the Utility Policy Committee.

• Establish and determine whether an assessment or surcharge on Water Rates, a System Connection Fee or Direct Contribution is appropriate, consistent with Sections 5.1 and 6.1.

More Definitions of Direct Contribution

Direct Contribution means, for any period of measurement, the adjusted gross profit/(loss) excluding ceded earned premium, ceded loss and gross loss adjustment expense, and net ceding commission and other, for the Borrower and its Subsidiaries. For the avoidance of doubt, net ceding commission and other is comprised of ceding commission received in connection with reinsurance ceded, partially offset by related sliding scale commission adjustments and amortization of excess ceding commission, and other impacts of reinsurance ceded which are included in other insurance (benefit) expense, and, after these adjustments, the resulting calculation is inclusive of only those gross variable costs of revenue incurred on the successful acquisition of business, but exclusive of net ceding commission, ceded loss and gross loss adjustment expense and other impacts of reinsurance ceded.

Direct Contribution means, with respect to any fiscal period of the Parent, the net income of the Alto▇ ▇▇▇el Operations for such period. Such net income for any fiscal period

Direct Contribution means the aggregate of the UK Revenues of the Company and of Onyx Software UK Limited less Costs and Expenses divided by the Revenues for the relevant period;

Direct Contribution means any amount of money deposited into a Jumpstart Savings

Direct Contribution as of any measurement period, means the Net Revenues generated during such period less Marketing Expenses.

Direct Contribution means, for any period of measurement, the adjusted gross profit/(loss) excluding ceded earned premiumhave the meaning as set forth in the form 10-K of Holdings filed with the SEC on February 21, 2024 for the year ended December 31, 2023, which, for the avoidance of doubt, is defined to mean gross profit/(loss) excluding net investment income, net realized gains on investments, report costs, commission expenses related to our partnership channel, certain warrant compensation expense related to our embedded channel, overhead allocated based on headcount, or Overhead (as defined in such filing), and salaries, health benefits, bonuses, employee retirement plan-related expenses and employee share-based compensation expense, or Personnel Costs (as defined in such filing), licenses, professional fees and other expenses, ceded premiums earned, ceded loss and gross loss adjustment expenseLAE (as defined in such filing), and net ceding commission and other, for the Borrower and its Subsidiaries. For the avoidance of doubt,. nNet ceding commission and other is comprised of ceding commission received in connection with reinsurance ceded, partially offset by related sliding scale commission adjustments and amortization of excess ceding commission, and other impacts of reinsurance ceded which are included in other insurance expense (benefit) expense, and, after these adjustments, the resulting calculation is inclusive of only those gross variable costs of revenue incurred on the successful acquisition of business, but exclusive of net ceding commission, ceded loss and gross loss adjustment expense and other impacts of reinsurance ceded..

Direct Contribution as of any measurement period, means the Net Revenues generated during such period less Marketing Expenses. “Disability” as it relates to a Founder’s termination, means a termination of the Founder’s engagement with the Company if, for physical or mental reasons which are expected to last for a continuous period of not less than 120 days, the Founder is unable to perform the essential functions of his duties under the Founder’s engagement agreement with the Company.