Reduced cost definition

Reduced cost means an eligible employee’s share of the total cost of vanpool transportation that remains after the reimburse- ment subsidy is paid.
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Reduced cost means an eligible employee’s share of the total cost of public or private transportation that remains after the reimbursement subsidy is paid.
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Reduced cost means the an eligible employee’s share of the total cost of vanpool transportation which that remains after the reimbursement subsidy has been is paid.
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Examples of Reduced cost in a sentence

  • Reduced cost in operation of freezer compressors due to lower wattage and less heat.

  • Reduced cost and/or free travel expenses are also defined as gifts with regard to this policy provision.

  • Reduced cost of energy by controlling the electric equipment efficiency and preventive maintenance.

  • Reduced cost of flood resilience for customers through a better understanding of flood risks and appropriate interventions.

  • Due to less time lost for care of sick children;2.2 Reduced cost.

  • Reduced cost of natural medicine services, including sliding scale fees for low income individuals.

  • However, the following strategies that can be applied to improve energy efficiency may also affect reliability:Energy efficiency strategies that may increase reliability• Lower interior temperatures,• Lower data center temperatures overall, and• Reduced cost to provide for redundancy.Energy efficiency strategies that may reduce reliability• Increased system complexity,• More dynamism in system states and activity, and• Higher average utilization.

  • There were no stock repurchases during the second quarter of 2015.

  • SPECIAL NOTE FOR FANNIE MAE HFA PREFERRED AND FREDDIE MAC HFA ADVANTAGE CONVENTIONAL LOANS Reduced cost PMI applies to borrowers at or below 80% AMI.

  • Reduced cost sharing is only applicable to Level 1 providers, when available.


More Definitions of Reduced cost

Reduced cost means the portion of the total cost of commuter transportation that is paid by an eligible employee.
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Related to Reduced cost

  • Estimated Cost , for the purposes of rule 22, means the estimated cost to maintain, repair or replace a major capital item;

  • Reduced Amount means the greatest amount of Agreement Payments that can be paid that would not result in the imposition of the excise tax under Section 4999 of the Code if the Accounting Firm determines to reduce Agreement Payments pursuant to Section 8(a).

  • Increased Cost has the meaning specified in Section 3.01.

  • Reduced leave schedule means a leave schedule that reduces the usual number of hours per workweek, or hours per workday, of an employee.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • Total After-Tax Payments means the total of all “parachute payments” (as that term is defined in Section 280G(b)(2) of the Code) made to or for the benefit of the Executive (whether made hereunder or otherwise), after reduction for all applicable federal taxes (including, without limitation, the tax described in Section 4999 of the Code).

  • Standard Cost means any cost computed with the use of preestablished measures.

  • Monthly Loss Amount means the sum of all Foreclosure Losses, Restructuring Losses, Short Sale Losses, Portfolio Losses, Modification Default Losses and Deficient Losses realized by the Assuming Institution for any Shared Loss Month.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Captured assessed value means the amount in any 1 year by which the current assessed value of the development area, including the assessed value of property for which specific local taxes are paid in lieu of property taxes as determined in subdivision (w), exceeds the initial assessed value. The state tax commission shall prescribe the method for calculating captured assessed value.

  • Reduced payment means a payment that is for less than the amount agreed upon in a subcontract in accordance with its terms and conditions, for supplies and services for which the Government has paid the prime contractor.

  • Maximum allowable cost means the maximum amount that a pharmacy benefit manager will reimburse a pharmacy for the cost of a drug.

  • Allowable Cost means a cost that complies with all legal requirements that apply to a particular federal education program, including statutes, regulations, guidance, applications, and approved grant awards.

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Safe Harbor Amount means 2.99 times the Executive’s “base amount,” within the meaning of Section 280G(b)(3) of the Code.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Bid with Lowest Evaluated Cost means the bid quoting lowest cost amongst all those bids evaluated to be substantially responsive;

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;