Draft Economic Benefit Statement definition

Draft Economic Benefit Statement has the meaning given in paragraph 3.12.2 of this Schedule;
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Draft Economic Benefit Statement has the meaning given in paragraph 1.2 (Draft Economic Benefit Statements) of Part E (Economic Benefit Transfer) of this Schedule 3 (Brazil);
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Draft Economic Benefit Statement has the meaning given in paragraph 9.2 of this Schedule;
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Examples of Draft Economic Benefit Statement in a sentence

  • Any Dispute Notice shall specify (i) which items of the Draft Economic Benefit Statement are disputed; (ii) the reasons therefor, making specific reference (where relevant and reasonably possible) to the parts of this Schedule 3 which the Novartis Audit Team asserts have not been complied with in preparing the relevant statement; and (iii) to the extent practicable, any adjustments that the Novartis Audit Team considers should be made to the Draft Economic Benefit Statement.

  • If the Novartis Audit Team does not serve a Dispute Notice under and within the time period set out in paragraph 1.8 (Dispute Notices), the Draft Economic Benefit Statement shall constitute the Economic Benefit Statement in respect of the Brazilian Alcon Business for the relevant Quarterly Accounting Period to which that Economic Benefit Statement relates.

  • Novartis’ Audit Team may dispute a Draft Economic Benefit Statement by notice in writing (in this Schedule 3 (Brazil), a Dispute Notice) delivered to Alcon within three (3) weeks following receipt of the Draft Economic Benefit Statement.

  • Team may dispute a Draft Economic Benefit Statement by notice in writing (in this Schedule, a “Dispute Notice”) delivered to the other party by or on behalf of that Audit Team in accordance with clause 15.14 (Notices) of this Agreement within 3 weeks following receipt of the Draft Economic Benefit Statement.

  • No amendments shall be made to any Draft Economic Benefit Statement except in accordance with the provisions of paragraphs 1.8 (Dispute Notices) to 1.13 (The Economic Benefit Expert) below.

  • The Parties shall bear the costs in relation to the preparation and certification of any Draft Economic Benefit Statement and in relation to the review of (and any dispute in relation to) any Draft Economic Benefit Statement, including the fees payable to any Economic Benefit Expert, equally (50 per cent.

  • If the Purchaser and the Seller, or their representatives referred to in this paragraph 4.9 are able to agree the contents of the Draft Economic Benefit Statement, it shall be amended to reflect any changes which have been so agreed and shall then constitute the “Economic Benefit Statement” in respect of that Delayed Business for the relevant Delay Period.

  • Alcon shall, and shall procure that its Affiliates and the Brazilian Alcon Employees shall, provide Novartis’ Audit Team, without charge, such access to their personnel, books and records, calculations and working papers as such Audit Team may reasonably request in connection with its review of the Draft Economic Benefit Statement.

Related to Draft Economic Benefit Statement

  • Tax Benefit Schedule is defined in Section 2.02 of this Agreement.

  • Benefit Schedule means a schedule of benefits attached to these Terms and Benefits which sets out, among others, the benefit items and maximum benefits covered.

  • Current state fiscal year means the state fiscal year for which a particular calculation is made.

  • Net Economic Return shall have the meaning ascribed to such term in paragraph 2 of Exhibit E to the Lease.

  • Stage Payment Statement shall have the meaning set forth in Clause 19.4; “Structures” means an elevated road or a flyover, as the case may be;

  • Final Adjustment Statement has the meaning set forth in Section 2.6(c).

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Capacity Benefit Margin or “CBM” shall mean the amount of firm transmission transfer capability preserved by the transmission provider for Load-Serving Entities (“LSEs”), whose loads are located on that Transmission Service Provider’s system, to enable access by the LSEs to generation from interconnected systems to meet generation reliability requirements. Preservation of CBM for an LSE allows that entity to reduce its installed generating capacity below that which may otherwise have been necessary without interconnections to meet its generation reliability requirements. The transmission transfer capability preserved as CBM is intended to be used by the LSE only in times of emergency generation deficiencies.

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Capital Account Limitation has the meaning provided in Section 4.5(b) hereof.

  • Distribution Date Statement As defined in Section 4.02(a).

  • Final Payment Statement shall have the meaning set forth in Clause 19.13;

  • Certified Plan means all the terms and benefits (including any Supplement(s)) that form an insurance plan certified by the Government to be compliant with the requirements of the VHIS. This Certified Plan comprises these Terms and Conditions and the Benefit Schedule and the followings –

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $152,300.00 plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement.

  • Allocation Year Means (i) the period commencing on the Closing Date and ending on December 31, 2006, (ii) any subsequent period commencing on January 1 and ending on the following December 31, or (iii) any portion of the period described in clause (ii) for which the Company is required to allocate Profits, Losses and other items of Company income, gain, loss or deduction pursuant to Article V.

  • Earn-Out Statement has the meaning set forth in Section 2.5(c).

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Taxable Allocation means, with respect to any Series, the allocation of any net capital gains or other income taxable for federal income tax purposes to a dividend paid in respect of such Series.

  • Tax roll means a permanent record of the taxes charged on property, as extended

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.

  • Tax Allocations means the allocations set forth in paragraph 4 of Exhibit B.

  • Allocation Statement has the meaning set forth in Section 2.5(a).

  • Payment Statement As defined in Section 6.01 hereof.

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.

  • Settlement Statement has the meaning set forth in Section 3.2(a).

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.