Net Economic Benefit means the net economic benefit as described in Clause 3.5 in respect of DivestCo Products transacted through the Seller’s Group entities;
Net Economic Benefit means the summation of energy cost-savings, nonenergy
Net Economic Benefit has the meaning given to it in Clause 3.1;
Examples of Net Economic Benefit in a sentence
The display and input devices themselves may be relatively heavy, clumsy and obtrusive - and sensing devices require that the subject stay within a limited area.
Having said that, where the collective agreements may result in benefits that outweigh the adverse impact on competition, the Act allows for CCS to exclude these agreements from the section 34 prohibition on the grounds that they constitute agreements with Net Economic Benefit (“NEB”).
For the avoidance of doubt, without duplication of any amounts included in the calculation of the applicable Net Economic Benefit, for purposes of Article IX, Seller shall be responsible and liable for all Retained Liabilities (including the Deferred Retained Liabilities) during and after the Deferred Period.
These estimates and projections are set out in a separate document – see separate memo,―Projection for Net Economic Benefit to the US Economy due to Productivity Gains and International Businesses,‖ See Appendix 1.
Section 6.1.1, Section 6.2 (Sales Taxes), Section 6.3 (Statement of Services Charges and Reimbursable Costs) and Section 6.4 (Payments) and Section 2 of Exhibit B (Net Economic Benefit) hereto will survive to the extent of any unpaid amounts due thereunder or any payments made or other activities conducted in accordance with the surviving provisions hereof.
More Definitions of Net Economic Benefit
Net Economic Benefit means the summation of energy cost-savings, nonenergy cost-savings, consumer investment, consumer expenditures, and other governmental expenditures for a particular year due to the use of the resource recovery technology.
Net Economic Benefit or “NEB” means for any particular period after the Effective Date through the conclusion of the Transition Period, an amount equal to the difference between (i) the Net Sales of the Products during such period and (ii) the sum of (A) [*****] and (B) the Service Fees set forth on Schedule A for such period, subject to any reduction on account of completed or terminated Services. Notwithstanding anything to the contrary set forth in subclause (ii) of this definition, [*****].
Net Economic Benefit means the present value of economic benefits minus the economic costs of the PPP project. The present value shall be calculated using an appropriate discount rate that reflects cost of capital of the government;
Net Economic Benefit means the positive impact associated with the purchase, remediation, and reuse of an eligible site based on factors, including but not limited to the capital investment, the number of jobs created, the number of jobs retained if it is demonstrated the jobs would otherwise be lost, capital improvements, the number of construction-related jobs, increased sales, material purchases, other increases in service and operational expenditures, and other factors established by the Department. Additionally, in determining the economic benefit to the State, the Department will give priority to sites located in areas with high levels of poverty, where the unemployment rate exceeds the State average, where an enterprise zone exists, or where the area is otherwise economically depressed as determined by the Department. [415 ILCS 5/58.15(B)(b)(3)]
Net Economic Benefit means, with respect to a proposed, terminated or replacement Percentage Lease or a replacement management agreement hereunder, the net present value of the Lessee Income Before Corporate Overhead that is projected to be earned by the related Lessee or Affiliate of BHR during the remaining term of such Percentage Lease or management agreement (including, in the case of a proposed, terminated or replacement Percentage Lease, the First Extension, regardless of whether the Lessee has exercised its option with respect to such First Extension, and the Second Extension if, but only if, the Lessee has properly exercised its option with respect to such Second Extension prior to the date on which the Lessor provides notice to the Lessee of an anticipated Percentage Lease termination), calculated using an agreed discount rate based upon a then market discount rate. In addition, the parties shall make any mutually agreeable adjustments to the foregoing calculation that are necessary or appropriate to assure that the calculation properly reflects the economic value of the Percentage Lease or management agreement to the Lessee or Affiliate of BHR. Net Worth--shall mean the excess of total assets over total liabilities, total assets and total liabilities each to be determined in accordance with GAAP, excluding, however, from the determination of total assets: (a) unamortized goodwill, organizational expenses, research and development expenses, trademarks, trade names, copyrights, patents, patent applications, and other similar intangibles; (b) all deferred charges that are required to be capitalized in accordance with GAAP or unamortized debt discounts and expense; (c) treasury stock; (d) securities which are not readily marketable, (e) any write-up in the book value of any asset resulting from a revaluation thereof, other than as recognized pursuant to the terms of this Agreement; (f) the Percentage Leases; and (g) any items (other than assets included in Liquid Assets Amount) that are not included in clauses (a) through (f) above that are treated as intangibles in conformity with GAAP. New Hotels--shall mean the hotels (if any) other than the Existing Hotels that, as of any pertinent date, are then currently leased by a Lessor to a Lessee and have not been excluded from treatment as a New Hotel under this Agreement as provided in Section 4 below. Non-Consent Hotels--shall mean any Hotel as to which:
Net Economic Benefit is an amount equal to the excess of (i) the estimated interest expense to the Borrower on the Syndicated Amount (based solely on the U.S. Dollar Spread of 2.50% percent per annum, and for the avoidance of doubt ignoring the applicable Floating Rates) assuming the terms of the Facility as of the Initial Credit Date (adjusted for the extensions set forth in Amendment No. 2 to the Credit Agreement) otherwise remain unchanged over (ii) the estimated interest expense of the Facility on the Syndicated Amount (based solely on the U.S. Dollar Spread, and for the avoidance of doubt ignoring the applicable Floating Rates) assuming the U.S. Dollar Spread on the Syndicated Amount is equal to the effective spread to the assignees of the Syndicated Amount, with all other economic terms being the same as the Initial Credit Date (adjusted for the extensions set forth in Amendment No. 2 to the Credit Agreement), as reasonably calculated by Xxxxxxx Sachs in consultation with the Borrower. The Borrowers and Xxxxxxx Xxxxx understand that the foregoing calculation of Net Economic Benefit assumes that the contractual spread payable by the Borrowers under the Credit Agreement is not reduced as a result of the syndication (other than as expressly set forth in Amendment No. 2 to the Credit Agreement), and if the contractual spread is so reduced then the calculation of Net Economic Benefit will be reasonably adjusted by Xxxxxxx Sachs to take into account any net benefit to the Borrowers received by such reduction. The Borrowers hereby agree to cooperate in good faith with Xxxxxxx Xxxxx in connection with any such syndication of the Credit Facility and will (if requested by Xxxxxxx Sachs) execute a syndication engagement letter with Xxxxxxx Xxxxx or its affiliates with respect thereto.
Net Economic Benefit means, with respect to any Deferred Business, the amount of “net economic benefit” related to the operation of such Deferred Business during the Deferred Period, as calculated in accordance with Annex D attached hereto.