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

• If the Economic Benefit is realized after the Commercial Operation Date, then the remaining Annual Post-Commercial Operation Payments shall be reduced by applying the Reduction Amount to each payment in the order of their respective due dates.

• This requirement applies: (1) to all laborers, workmen and mechanics performing construction activities, whether direct employees of the Seller or of Seller’s subcontractor(s), and (2) regardless of whether or not such employment was claimed as an Economic Benefit in its Proposal.

• Other expenditures, accompanied by supporting explanation that establishes that such expenditures are specific to the Selected Project and support spending and job creation in New York; provided, however, that in no case shall Seller’s costs of preparing the Proposal be considered an Eligible Economic Benefit.

• However, each Economic Benefit Report must include the amount of expenditures for iron and steel manufactured in New York State as well as the amount of expenditures for iron and steel manufactured elsewhere in the United States.

• This requirement applies: (1) to all laborers, workmen and mechanics performing Construction Activities, whether direct employees of the Seller or of Seller’s subcontractor(s), and (2) regardless of whether or not such employment was claimed as an Economic Benefit in its Bid Proposal.

More Definitions of Economic Benefit

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 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 difference between the cost of on-time compliance and delayed compliance. Economic benefits realized by a User who fails to comply by a required deadline can be measured by:

Economic Benefit means: (a) savings gained, and that may be

Economic Benefit is defined as the number of shares of Common Stock issuable to the Investors upon conversion pursuant to the terms hereunder and in the Certificate of Designation in excess of 20% of the outstanding Common Stock as of the applicable Closing Date multiplied by the Bid Price on the tenth trading day after the Ratification Date.

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.