Excess Savings definition

Excess Savings means the excess of EC Savings over Guaranteed Savings, calculated in the manner set forth in this Attachment E, Section (II)(I)(iv).
Sample 1Sample 2Sample 3
Excess Savings is the amount of Actual Savings in excess of the Performance Guarantee to date including any savings achieved during construction.
Sample 1Sample 2Sample 3
Excess Savings means for any Guarantee Year, the amount, if any, by which the Cost Avoidance applicable to that Guarantee Year exceeds the Annual Scheduled Savings.
Sample 1Sample 2Sample 3

Examples of Excess Savings in a sentence

  • If ESCO has written a savings shortfall check to Customer, and later Actual Savings exceed the Performance Guarantee to date, Customer will reimburse ESCO up to the amount of ESCO'S shortfall check(s), to the extent that the shortfall is made up by Excess Savings.

  • In the event that there are any Excess Savings, such Excess Savings shall be used to offset any payments made by ESCO with respect to any shortfall.


More Definitions of Excess Savings

Excess Savings means the amount by which the actual Annual Savings for any Annual Savings period exceeds the projected Annual Guaranteed Savings for that Annual Savings period.
Sample 1Sample 2
Excess Savings means the amount (if any) by which Actual Savings exceed the Guaranteed Cumulative Savings to date, including any Actual Savings achieved prior to the Savings Guarantee Commencement Date.
Sample 1

Related to Excess Savings

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Tax Savings means the difference between the dollar amount of real property taxes levied in any year on land valued and assessed in accordance with its current agricultural use value and the dollar amount of real property taxes that would have been levied upon such land if it had been valued and assessed for such year in accordance with Section 2 of Article XII, Ohio Constitution.

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Excess Contributions means, with respect to any Plan Year, the excess of:

  • Distribution Plan means the plan hereafter approved by the MDL Court for the distribution of the Settlement Amount (net of any attorneys’ fees or costs that are awarded by the MDL Court) to Stanford Investors who have had their Claims allowed by the Receiver.

  • Excess Amount has the meaning set forth in Section 13.

  • Profit Sharing Plan means a profit-sharing plan that is qualified pursuant to 26 U.S.C. § 401 of the Internal Revenue Code and subject to the Employee Retirement Income Security Act, and which provides for employer contributions in the form of cash, but not in the form of stock or other equity interests in a Medical Marijuana Business.

  • Savings Plan or "plans" means a plan that provides different investment strategies and allows account distributions for qualified higher education expenses.

  • Cost Allocation Plan means central service cost allocation plan, public assistance cost allocation plan, and indirect cost rate proposal. Each of these terms are further defined in this section.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Excess Aggregate Contributions means, with respect to any Plan Year, the excess of:

  • Excess means an amount of money paid in a calendar year towards the cost of each hospital episode of care up to an annual maximum before fund benefits are payable.