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Net Benefits definition

Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies.
Net Benefits means the present value of benefits less the present value of costs as defined in the cost-effectiveness test.
Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies for all surrenders, withdrawals (full and partial), death benefits, annuitizations, and payments on supplemental contracts, net of Excluded Liabilities.

Examples of Net Benefits in a sentence

  • The Net Benefits Test shall establish the threshold price below which the dispatch of Energy from Demand Side Resources is not cost-effective.

  • Demand Reduction Bids from Demand Reduction Providers that are not accepted in the Day-Ahead Market shall expire at the close of the Day-Ahead Market.The ISO shall perform the Net Benefits Test and post on its web site the Monthly Net Benefit Offer Floor for each month by the 15th of the preceding month in accordance with ISO Procedures.

  • The ISO shall perform the Net Benefits Test and post on its web site the Monthly Net Benefit Offer Floor for each month by the 15th of the preceding month in accordance with ISO Procedures.

  • With the sole exception of the requirement for hourly metering as set forth in Section 1.5A.4 of this Schedule, non-hourly metered customers that qualify as Economic Load Response Participants pursuant to this section 1.5A.7 shall be subject to the rules and procedures for participation by Economic Load Response Participants in the PJM Interchange Energy Market, including, without limitation, the Net Benefits Test and the requirement for dispatch by the Office of the Interconnection.

  • However, termination of this Agreement will not terminate the Reinsurer’s liability for Net Benefits paid or incurred by the Ceding Company on or after the Effective Date and prior to the date of termination.


More Definitions of Net Benefits

Net Benefits means the incremental benefits resulting from DSM minus the incremental costs of DSM.
Net Benefits shall have the meaning set forth in Article III of this Agreement.
Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies for all surrenders, withdrawals (full and partial), death benefits, annuitizations, payments on supplemental contracts, endowment benefits, disability benefits, and benefits under accident and health policies, net of Excluded Liabilities.
Net Benefits means, as is more particularly defined in RCP Procedure 4 and adjusted pursuant to RCP Procedure 3, the cost savings that result from reducing the Dispatch of the MC-Facility pursuant to the RCA and RDA and determined by the product of (i) Mitigated Dispatch and (ii) the difference between COP and Coal Dispatch Displacement Cost.
Net Benefits means the actual amounts paid or incurred by the Ceding Company, less any amounts payable to Ceding Company by another reinsurer with respect to the Policies for all surrenders, withdrawals (full and partial), death benefits, disability benefits, annuitizations, and payments on supplemental contracts, net of Excluded Liabilities. 4. Article I, Paragraph I, is hereby replaced by the following:
Net Benefits. All User ID fees waived. * Non-Fidelity Mutual Funds: .35% annual administrative fee on the following Non-Fidelity Mutual Fund assets which are equity/balanced funds: MSIF Trust Value Portfolio - Adviser Class; Xxxxxxxxx Xxxxxx Partners Fund-Trust Class and the PBHG Emerging Growth Fund; .25% annual administration fee plus an $8.00 per participant fee, subject to a maximum total fee of .35%, on all INVESCO Dynamics Fund assets (to be paid by the Non-Fidelity Mutual Fund vendor).