Projected Annual Savings definition

Projected Annual Savings means the average annual base building utility cost savings anticipated to be generated by a Capital Improvement, determined using commonly applied engineering methods and an estimate provided in writing by the Independent Engineer.
Sample 1Sample 2Sample 3
Projected Annual Savings means the anticipated or estimated average annual savings (whether or not actually realized) in the Building’s annual utility costs (subject to reasonable assumptions and qualifications of the Building’s consumption of electricity, oil, natural gas, steam, water or other utilities), determined using commonly applied engineering methods by the Independent Engineer selected by Landlord that will be generated by a capital improvement for energy conservation.
Sample 1Sample 2
Projected Annual Savings as defined in Section 7.7(a)(i)(2).
Sample 1

Examples of Projected Annual Savings in a sentence

  • By way of example: If the Projected Annual Savings are $10,000, then Landlord may include $9,000 annually ($750 monthly) as Cost for the duration of the Term.

  • CAASPP Test Results in ELA and Mathematics for All Students Grades Three through Eight and Grade ElevenPercentage of Students Meeting or Exceeding the State Standard Note: Percentages are not calculated when the number of students tested is ten or less, either because the number of students in this category is too small for statistical accuracy or to protect student privacy.Note: ELA and mathematics test results include the Smarter Balanced Summative Assessment and the CAA.

  • Failure to Provide Sufficient Analysis for the Continuation of the 340B Payment Policy.

  • Year registeredNumber of cooperative membersNumber of employees Table 39: Summarized Projected Annual Savings and Loss Statement Gross Revenue The cooperative has been operating for the past 10 months.

  • In the event that Landlord desires to increase the depreciation of any Permitted Capital Expenditures to equal the Projected Annual Savings, then Tenant may request Landlord to provide Tenant with a copy of the third party engineer’s written report setting forth the basis for such engineer’s calculation of the Projected Annual Savings.

  • After determination of the Projected Annual Savings or if Tenant fails to timely dispute the Projected Annual Savings by Landlord’s initial third party engineer, the amount of such Projected Annual Savings shall be binding upon Landlord and Tenant and shall not be subject to adjustment in the event actual savings are greater or less than such Projected Annual Savings or be subject to further review by Tenant pursuant to Section 7.6(d) of the Lease or otherwise.

  • Projected Annual Savings by Reducing Recidivism by 1% (Reese, 2016).

  • In addition, to the extent Landlord receives any rebates, incentive payments or any other monetary benefit from any government entity, utility or other agency as a result of the Utility System Enhancements, then Landlord shall pass such benefits through to Tenant in accordance with the agreed upon allocation for Projected Annual Savings set forth in this Section 10(e).

  • As part of the ‘Better Energy Communities’ pilot, SEED committed to delivering sig- nificant energy efficiency upgrade works, increased renewable energy generation and implementation of an integrated energy data collection platform across a group of ten Figure 7.1: Projected Annual Savings Source: (Flynn et al., 2013) homes, a community house, a secondary school as well as a third level college.

  • If the Projected Annual Savings determination by the second engineer differs from the Projected Annual Savings of the first engineer, then the Projected Annual Savings for purposes of this subsection (i) shall be the average of the two (2) determinations by the engineers.

Related to Projected Annual Savings

  • Projected Annual Benefit means the Annual Benefit as defined in subsection (2) above, to which the Participant would be entitled under the terms of the Plan assuming: (A) the Participant will continue employment until the Normal Retirement Date under the Plan (or current date,if later) and (B) the Participant's Compensation for the current Limitation Year and all other relevant factors used to determine benefits under the Plan will remain constant for all future Limitation Years.

  • Basic Monthly Earnings means your monthly rate of earnings from the Sponsor in effect immediately prior to the date Disability or Partial Disability begins. However, such earnings will not include bonuses, commissions, overtime pay and extra compensation.

  • Income year means any year or accounting period beginning 1 July of one calendar year and ending 30 June of the following calendar year or any other period that the Trustees by resolution adopt;

  • Semi-Annual Period means each of: the period beginning on and including January 1 and ending on and including June 30; and the period beginning on and including July 1 and ending on and including December 31.

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

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. 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.

  • Average annual payroll means the average of the annual

  • 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.

  • 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.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Model Year means the CI engine manufacturer’s annual production period, which includes January 1st of a calendar year, or if the manufacturer has no annual production period, the calendar year.

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Average Annual Compensation For the purposes of this Agreement, “Average Annual Compensation” shall be an amount equal to the annual average of the sums of (x) the Executive’s annual Base Salary from the Company plus (y) the amount of Incentive Awards accrued by TNS for the Executive, in each case for the three calendar years that ended immediately before (or, if applicable, coincident with) the Change in Control Date;

  • Plan for moderate income housing means a written document adopted by

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at September 30th 06:00 hours (Belgian time) of the next year.

  • 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.

  • One-hundred-year flood means a flood having a one per cent chance of being equaled or exceeded in any given year.

  • 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;

  • Approved Annual Budget shall have the meaning set forth in Section 5.1.11(d) hereof.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Benefit year means the period of twelve consecutive months, July 1 through June 30, as established by an employer in which an employee shall accrue and use earned sick leave as provided pursuant to N.J.S.A. 34:11D-2, provided that once the starting date of the benefit year is established by the employer it shall not be changed unless the employer notifies the Commissioner of Labor and Workforce Development of the change in accordance with regulations promulgated pursuant to the Act. The Commissioner shall impose a benefit year on any employer the Commissioner determines is changing the benefit year at times or in ways that prevent the accrual or use of earned sick leave by an employee.

  • Energy year or "EY" means the 12-month period from June 1st

  • 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.