Player Benefit Costs definition

Player Benefit Costs means the aggregate for a League Year of all sums paid (or to be paid on a proper accrual basis for a League Year) by the NFL and all NFL Teams for, to, or on behalf of present or former NFL players as specified in Article 12.
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Player Benefit Costs means the specific benefits paid to players set forth in Article XXIV (Guaranteed League-wide Salary, Salary Cap & Minimum Team Salary).
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Player Benefit Costs mean the aggre- gate for a League Year of all sums paid (or to be paid on a proper accrual ba- sis for a League Year) by the NFL and all NFL Teams for, to, or on behalf of present or former NFL players, but only for:
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Examples of Player Benefit Costs in a sentence

  • Notwithstanding the foregoing, beginning with the increase from the 2002 to the 2003 Contract Year, the annual rate of increase for Player Benefit Costs in any Contract Year may not exceed the annu- al rate of increase over that year in the combined “sum of the year- ly Salaries” (described in Section C(1)(b) above) for all Clubs.

  • Each Preliminary Actual Club Payroll Compilation shall consist of a list of each Club's Actual Club Payroll, broken down by Player, and an estimate of Player Benefit Costs for that Contract Year, as of opening day and the All-Star game, respectively.

  • Each Preliminary Actual Club Payroll Compilation shall consist of a list of each Club’s Actual Club Payroll, broken down by Player, and an estimate of Player Benefit Costs for that Contract Year, as of opening day and the All- Star game, respectively.

  • However, such action cannot reduce total Player Benefit Costs below 5% of Projected AR, as defined in Ar­ ticle 12 and Player Benefit Costs required by law cannot be reduced.

  • Notwithstanding the foregoing, beginning with the increase from the 1996 to the 1997 Contract Year, the annual rate of increase for Player Benefit Costs in any Contract Year may not exceed the annual rate of increase over that year in the combined "sum of the yearly Salaries" (described in Section C(1)(b) above) for all Clubs.

  • Notwithstanding the foregoing, beginning with the increase from the 1996 to the 1997 Contract Year, the annual rate of - increase for Player Benefit Costs in any Contract Year may not - exceed the annual rate of increase over that year in the combined “sum of the yearly Salaries” (described in Section C(1)(b) above) for all Clubs.


More Definitions of Player Benefit Costs

Player Benefit Costs means the specific benefits paid to players pursuant to Article VIII, Section 5(b).
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Related to Player Benefit Costs

  • Seller Benefit Plan means each Benefit Plan sponsored, maintained or contributed to by Seller or any of its Subsidiaries or with respect to which Seller or any of its Subsidiaries is a party and in which any Employee is or becomes eligible to participate or derive a benefit.

  • Regular benefits ’ means benefits payable to an individual under this act or under any other state law, including benefits payable to federal civilian employees and to ex-servicemen pursuant to 5 U.S.C. chapter 85, other than extended benefits.

  • Medicare eligible expenses means expenses of the kinds covered by Medicare Parts A and B, to the extent recognized as reasonable and medically necessary by Medicare.

  • Final compensation of a member means:

  • Creditable compensation means the full compensation payable annually to an employee working

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Annual Benefit means an annual sum of fifty thousand dollars ($50,000) multiplied by the Applicable Percentage (defined below) and then reduced to the extent required: (i) under the other provisions of this Agreement; (ii) by reason of the lawful order of any regulatory agency or body having jurisdiction over the Employer; and (iii) in order for the Employer to properly comply with any and all applicable state and federal laws, including, but not limited to, income, employment and disability income tax laws (eg., FICA, FUTA, SDI).

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Net Benefits Test means a calculation to determine whether the benefits of a reduction in price resulting from the dispatch of Economic Load Response exceeds the cost to other loads resulting from the billing unit effects of the load reduction, as specified in Operating Agreement, Schedule 1, section 3.3A.4 and the parallel provisions of Tariff, Attachment K-Appendix, section 3.3A.4.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.