Financial Benefits definition

Financial Benefits means monthly base salaries; all supplementary cash entitlements paid directly to employees; and health insurance, retirement, vacation, holiday and sick leave benefits.
Sample 1Sample 2Sample 3
Financial Benefits means money received by the group (eg donations, grants, subscriptions).
Sample 1Sample 2
Financial Benefits has the meaning set forth in Section 6.2.
Sample 1Sample 2

Examples of Financial Benefits in a sentence

  • We planned and performed our work so as to obtain the information and explanations we considered necessary in order to provide us with reasonable assurance that the Quantified Financial Benefits Statement has been properly compiled on the basis stated.

  • Opinion In our opinion, based on the foregoing, the Quantified Financial Benefits Statement has been properly compiled on the basis stated.

  • Additional Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Billions in Financial Benefits GAO-19-285SP: Published: May 21, 2019.

  • Upon any such transfer, Customer, as owner of the Solar System, shall be entitled to any then-existing Solar Financial Benefits, and WDC Solar shall have no continuing obligation to operate and maintain the Solar System.

  • Government Efficiency and Effectiveness: Opportunities to Reduce Fragmentation, Overlap, and Duplication and Achieve Billions in Financial Benefits GAO-19-536T: Published: May 21, 2019.

  • Customer hereby expressly agrees WDC Solar' s rights in and to the Solar Financial Benefits, as owner of the Solar System, shall survive any termination (but not the expiration) of this Contract.

  • In consideration of WDC Solar installing and operating the Solar System on the roof of the Facility and WDC Solar providing Customer with electricity from the Solar System, Customer does hereby acknowledge that WDC Solar, as owner of the Solar System (to the maximum extent allowed under applicable law) is entitled to all of the rights, title and interest in and to the Solar Financial Benefits which are defined as set forth below in this Paragraph 4.

  • We report on the quantified financial benefits statement made by the directors of the Offeror (the “Directors”) set out in Part A of Appendix 4 to the announcement (the “Announcement”) issued by the Offeror (the “Quantified Financial Benefits Statement” or the “Statement”).

  • Any withholdings or expenses arising from or in connection with the distribution of such Financial Benefits to the Investor shall be borne by the Investor and may be deducted from any sum payable to the Investor by the Issuer.

  • The Costs and Financial Benefits of Green Buildings: A Report to California’s Sustainable Building Task Force.


More Definitions of Financial Benefits

Financial Benefits has the meaning given in Section 7.1.1.
Sample 1
Financial Benefits means financial benefits referred to in sections 12 and 13 of the Act;
Sample 1
Financial Benefits means NDPERS’ Pro Rata Share (as Pro Rata Share is defined herein) of all financial benefits received by PBM (as PBM is defined herein) from all Pharmaceutical Manufacturers (as Pharmaceutical Manufacturers is defined herein), including without limitation NDPERS’ Pro Rata Share of all: rebates, discounts, administrative or other fees, chargebacks, grants, all other monies of any kind whatsoever paid by Pharmaceutical Manufacturers, all discounts or credits or reimbursements of any kind provided by Pharmaceutical Manufacturers, all financial benefits paid by Pharmaceutical Manufacturers to PBM for Covered Items dispensed on NDPERS’ behalf from retail pharmacies, the Mail Order Pharmacy, and the Specialty Drug Pharmacies, and all goods (or in kind services) provided by Pharmaceutical Manufacturers.
Sample 1
Financial Benefits means all direct or indirect financial benefits of any kind or nature relating to or arising out of any contracts or arrangements between PBM and any Pharmaceutical Manufacturers, including without limitation, all rebates, discounts, administrative or other fees, chargebacks, and grants, and all other monies of any kind whatsoever paid by or on behalf of Pharmaceutical Manufacturers, and the value of all goods or in kind services provided by or on behalf of Pharmaceutical Manufacturers to PBM.
Sample 1
Financial Benefits means the share of a project’s electricity production as measured in kilowatt hours that is allocated to a beneficiary and that provides electricity bill savings for that beneficiary through a kilowatt hour reduction on their bill, a bill credit, or some other monetary instrument. For purposes of the percent calculation, the total financial benefit shall be the portion of the share of the project’s electricity production as measured in kilowatt hours that is providing electricity bill savings to low-income beneficiaries. In other words, if 50% of a project’s kilowatt hour output is allocated to eligible low-income households, the project would be eligible as a low-income economic benefit project. This is consistent with the statutory language that financial benefits include electricity provided at a below-market rate.
Sample 1

Related to Financial Benefits

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Special benefit means, for purposes of a property-based district, a particular and distinct benefit over and above general benefits conferred on real property located in a district or to the public at large. Special benefit includes incidental or collateral effects that arise from the improvements, maintenance, or activities of property-based districts even if those incidental or collateral effects benefit property or persons not assessed. Special benefit excludes general enhancement of property value.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Public Benefits means the provision of benefits to the community by the Developer in the form and at the times specified in Schedule 3.

  • Change in Control Benefits means the following benefits:

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Additional Benefits means those benefits in addition to the rights and remedies available under the Australian Consumer Law.

  • material benefit means a benefit which may not be financial but has a monetary value;

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Benefits means any treatment, facility, equipment, drug, device, supply or service that you receive reimbursement for under a plan. BLUECARD is a national program in which we and other Blue Cross and Blue Shield plans participate. See How BlueCard Providers Are Paid: Coverage for Services Provided Outside of the Service Area in Section 6 for details. BLUE DISTINCTION CENTERS are network providers who are recognized by the Blue Cross and Blue Shield Association for delivering high-quality, effective, cost-efficient specialty care.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Mutual Benefits means the transient and steady-state support that the integrated generation and Transmission Systems in PJM and New York provide to each other inherently by virtue of being interconnected as described in Section 35.4 of this Agreement.

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.