Safe Harbor Rate definition

Safe Harbor Rate shall have the meaning set forth in Section 6.2(e) hereof.
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Safe Harbor Rate shall have the meaning set forth in Section 6.2(f) hereof. "SCUs" shall have the meaning set forth in Exhibit E. "SEC" shall mean the Securities and Exchange Commission. "Second Restated Agreement" shall have the meaning set forth in the preamble to this Agreement. "Securities Act" shall mean the Securities Act of 1933, as amended. "Series J Exchange Notice" shall have the meaning set forth in Exhibit E "Series J Exchange Rights" shall have the meaning set forth in Exhibit E. "Series J Offered Units" shall have the meaning set forth in Exhibit E. "Series L Exchange Notice" shall have the meaning set forth in Exhibit J. "Series L Exchange Rights" shall have the meaning set forth in Exhibit J. "Series L Offered Units" shall have the meaning set forth in Exhibit J. "Series S Exchange Notice" shall have the meaning set forth in Exhibit H. "Series S Exchange Rights" shall have the meaning set forth in Exhibit H. "Series S Offered Units" shall have the meaning set forth in Exhibit H. "S-SCUs" shall have the meaning set forth in Exhibit H. "S-SCU Basic Distribution Amount" shall mean, with respect to an S-SCU, $1.464375 (but shall mean $.7321875 after the 6/15/05 Stock Split); provided, however, that such amount will be adjusted appropriately to account for any further unit splits, combinations or other similar events with respect to the S-SCUs. "Stock Incentive Plan" shall mean the Company's 1993 Stock Incentive Plan as adopted on October 27, 1993 and amended by Amendment No. 1 dated May 1, 1996 and Amendment No. 2 on May 3, 2000 and Amendment No. 3 on May 7, 2000, then amended and restated and
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Safe Harbor Rate has the meaning set forth in Section 2.C.(ix).
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Examples of Safe Harbor Rate in a sentence

  • The LPAs may only apply the Safe Harbor Rate Method to work performed by the LPAs own labor forces subject to the terms of the LPA Project Agreement executed between ODOT and the LPA.

  • The LPA is required to obtain written approval from ODOT prior to the incurrence of labor costs computed using the Safe Harbor Rate Method.

  • Refer to Table 1 as an example of the total labor cost calculation for the Safe Harbor Rate Method.

  • For purposes of the foregoing, the "Safe Harbor Rate" shall equal 150% of the highest applicable federal rate, based on quarterly compounding, in effect for purposes of Section 1274(d) of the Code at any time between the date of the issuance of the Series B Preferred Units and the date on which the relevant distribution payment is made.

  • For our consultant requesting a Safe Harbor Rate (SHR), the following are submitted: Cost Proposals (Examples at Exhibit 10-H1 through 10-H4) Local Agency and Consultant's Point of Contacts Prevailing Wage (PW) Policy for PW contracts* Safe Harbor Rate Consultant Certification of Eligibility Contract Costs and Financial Management System (Attachment 1R).

  • This method for calculating total labor cost is hereinafter referred to as the “Safe Harbor Rate Method.” Under the Safe Harbor Rate Method, the LPA is able to invoice costs for the actual direct labor incurred on the project plus fringe benefit and overhead expenses.

  • A thorough, accurate, and complete Financial Prequalification Questionnaire for the Users of the Safe Harbor Rate must be submitted to MDOT, on an annual basis, no later than three (3) months following a consultant’s fiscal year end.

  • If a sub-consultant firm does not have an approved FAR rate from VDOT, they can send an email to VDOT’s Assurance and Compliance Office (ACO) at ACO@VDOT.Virginia.gov to obtain a Safe Harbor Rate.

  • For purposes of the foregoing, the "Safe Harbor Rate" shall equal 150% of the highest applicable federal rate, based on annual compounding, in effect for purposes of Section 1274(d) of the Code at any time between the date of the issuance of the Series B Preferred Units and the date on which the relevant distribution payment is made.

  • Within the past three years, has the company had an indirect cost rate (other than the Safe Harbor Rate) accepted by a cognizant agency or State Department of Transportation?Yes No B.8. Paycheck Protection Program.


More Definitions of Safe Harbor Rate

Safe Harbor Rate means 150% of the highest applicable federal rate, based on quarterly compounding, in effect for purposes of Section 1274(d) of the Code at any time between the date on which the Preferred Units were issued and the date on which the relevant distribution is to be made. Distributions with respect to the Preferred Units are intended to qualify as permitted distributions of cash that are not treated as part of a disguised sale within the meaning of Treasury Regulations Sections 1.707-3 and 1.707- 4.
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Related to Safe Harbor Rate

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

  • Safe Harbors has the meaning set forth in Section 11.3.C hereof.

  • Safe Harbor has the meaning set forth in Section 10.2(d).

  • Safe Harbor Election has the meaning set forth in Section 10.2(d).

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Elective Deferrals mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Basic Match, such as "each payroll period," "each calendar month," "each Plan Year quarter" or "the Plan Year."]

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Incentive-Based Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Nonelective Contribution means an amount contributed by a participating

  • Salary reduction plan means a benefit plan whereby state and

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.

  • Deferral Percentage means the percentage (which, unless the Administrator, in his or her sole discretion, determines otherwise, shall be in whole percentage increments and not more than 90%) specified by the Participant to be the percentage of each payment of Compensation he or she wishes to defer under the Plan.

  • Actual Deferral Percentage means, for a specified group of Participants for a Plan Year, the average of the ratios (calculated separately for each Participant in the group) of (1) the amount of Employer contributions actually paid over to the Trust on behalf of the Participant for the Plan Year to (2) the Participant's Earnings for the Plan Year (or, provided that the Employer applies this method to all Employees for a Plan Year, the Participant's Earnings for that portion of the Plan Year during which he was eligible to participate in the Plan). Employer contributions on behalf of any Participant shall include: (i) his Elective Deferrals, including Excess Elective Deferrals of Highly Compensated Employees, but excluding (A) Excess Elective Deferrals of Non-Highly Compensated Employees that arise solely from Elective Deferrals made under the Plan or another plan maintained by an Affiliated Employer, and (B) Elective Deferrals that are taken into account in the Average Contribution Percentage test described in Section 5.10 (provided the ADP test is satisfied both with and without exclusion of these Elective Deferrals), and excluding Elective Deferrals returned to a Participant to reduce an Excess Amount as defined in Section 6.5(f); and (ii) if the Employer has elected to make Qualified Nonelective Contributions, such amount of Qualified Nonelective Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test; and (iii) if the Employer has elected to make Qualified Matching Contributions, such amount of Qualified Matching Contributions, if any, as shall be necessary to enable the Plan to satisfy the ADP test and not used to satisfy the ACP test. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for his failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • 415 Compensation means:

  • Total Compensation means the cash and noncash dollar value earned by the executive during the Contractor’s preceding fiscal year and includes the following (for more information see 17 CFR 229.402(c)(2)):

  • Qualified Nonelective Contributions means contributions of the Plan Sponsor or an Affiliate, other than Matching Contributions or Elective Deferrals, which are nonforfeitable when made, and which would be nonforfeitable regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Code Section 401(k)(2)(B) and the regulations thereunder.

  • Non-Highly Compensated Employee means an Employee who is not a Highly Compensated Employee.

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Section 409A Limit means the lesser of two (2) times: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during the Company’s taxable year preceding the Company’s taxable year of Executive’s termination of employment as determined under Treasury Regulation 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s employment is terminated.

  • Performance-Based Compensation means compensation qualifying as “performance-based compensation” under Section 162(m) of the Code.

  • Highly Compensated Employee means any Employee who:

  • Qualified Nonelective Contribution (QNEC) means the Employer's contributions to the Plan that are made pursuant to Sections 12.1(a)(4), 12.5 and 12.7 or pursuant to any other Plan provision which provides for such contributions.