Economic Benefit definition

Economic Benefit has the meaning set forth in Section 3.6(b).
Economic Benefit has the meaning set forth in Section 3.06(b). “Effective Date” has the meaning set forth in the preamble.
Economic Benefit means the total contract amount less the total of all combined Direct Costs incurred by Seller and Buyer in the performance of such contract, and shall take into consideration which party (Buyer or Seller) received funds from the customer in payment of such contract.

Examples of Economic Benefit in a sentence

  • Economic benefit is any savings or monetary gain derived from the act or omission that constitutes the violation.


More Definitions of Economic Benefit

Economic Benefit means the dollar value derived if the principal (and interest) which was the subject of the Redemption Notice was converted on the Redemption Notice Date and sold on the Redemption Notice Date at the Closing Bid Price of the Common Stock on the Redemption Notice Date.
Economic Benefit for purposes of this Section 4.k. shall mean the dollar value derived if such Unconverted Preferred Stock were converted into Common Stock as set forth in the Notice of Conversion and the Common Stock was sold on the date of the Notice of Conversion at the closing bid price of the Common Stock on the date of the Notice of Conversion. The Certificate of Designation for the Preferred Stock shall contain provisions substantially consistent with the above terms, with such additional provisions as may be consented to by the Buyer. The provisions of this section are not intended to limit the scope of the provisions otherwise included in the Certificate of Designation.
Economic Benefit means the value of the economic benefit of the life insurance coverage provided to the Trust on behalf of the Executive under this Plan for income tax purposes, determined based on Treasury regulations, rulings issued by the Internal Revenue Service and other applicable authorities.
Economic Benefit means the difference between the cost of on-time compliance and delayed compliance. Economic benefits realized by the User which fails to comply by a required deadline can be measured by:
Economic Benefit means the estimated positive impact of the Project on the economy of the State resulting from the fulfillment of the Company’s obligations hereunder.
Economic Benefit is defined as the number of shares of Common Stock issuable to the Subscribers upon conversion pursuant to the terms hereunder and in the Debentures in excess of twenty (20%) percent of the outstanding Common Stock as of the applicable Closing Date multiplied by the Bid Price on the tenth (10th) Trading Day after the aforementioned stockholder meeting.
Economic Benefit means a reasonable approximation of any gain,