Savings Period definition

Savings Period means the period during which a Participant is to make savings under a the Savings Contract;
Savings Period means the savings period designated by the Committee; provided that each period shall in no event end later than: (i) five (5) years from the date the Section 423 Option is granted if the Purchase Price is to be not less than eighty-five percent (85%) of the Fair Market Value of the
Savings Period means either: (i) the period between the Equivalent Capacity Benchmark Date and the Initial Equivalent Capacity Confirmation Date or (ii) the twelve month period that is immediately prior to any Equivalent Capacity Confirmation Date.

Examples of Savings Period in a sentence

  • Subject to earlier termination in accordance with the provisions of this Agreement, this Agreement will commence on the Effective Date and terminate on the last day of the Electricity Savings Period (the “Term”).

  • If the District obtains Future Savings, the District will pay UCM 42% of such Future Savings that accrue during a Three-Year Savings Period.

  • In the event that any inspection discloses that the Customer has failed on the date of the inspection to be in compliance with any items set forth above, then the Guaranteed Energy Savings shall be assumed to have been achieved for and with respect to the portion of the Energy Savings Period during which such failure shall have existed.

  • The Buyer shall not make, nor shall it owe, any payments to the Supplier in respect of any Settlement Month during a Settlement Period for which the Supplier fails to deliver a DSM Verification Certificate - Capacity Confirmation in respect of the immediately prior Savings Period prior to the one hundred and eightieth (180th) day following the applicable Equivalent Capacity Confirmation Date.

  • The term of this Agreement (“Term”) commences as of the Effective Date and, unless terminated earlier in accordance with the terms of this Agreement, terminates on the first day of the month immediately following the end of the Electricity Savings Period.


More Definitions of Savings Period

Savings Period means the time that a TennCare MCO in the PFS program is realizing cost prevention savings derived from the program's service, and is spending less than budgeted on planned TennCare expenses from opioid- affected births and their related expenses; and
Savings Period means the period specified in the Savings Terms during which the regular payments are made to the account opened in the name of the Trustee with the Bank;
Savings Period means the period of 36 or 60 months (notwithstanding that a Participant is paid in four weekly or on a more regular cycle as part of his employment by a Participating Company) for which a Participant undertakes to save, as set out in their Enrollment Form.
Savings Period means the period (not exceeding 27 months or such other maximum as may be prescribed by the Code from time to time) determined by the Board over which an Eligible Employee may make Contributions under a Savings Contract;
Savings Period means the savings period designated by the Committee; provided that each period shall in no event end later than: (i) five (5) years from the date the Section 423 Option is granted if the Purchase Price is to be not less than eighty-five percent (85%) of the Fair Market Value of the Shares on the Exercise Date; or (ii) otherwise, twenty-seven (27) months from the Date of Grant. (q) “Option Price” means the price designated by the Committee, at which each Share may be purchased under any Section 423 Option, but in no event less than eighty-five percent (85%) of the lesser of: (i) The Grant Price, as defined in Rule 15(1)(l); and (ii) The Exercise Date Price, as defined in Rule 15(1)(o) (r) “Trading Day” means “Dealing Day” (a day on which The London Stock Exchange is open for the transaction of business).
Savings Period means the period over which the Participant commits to making savings contributions under the Savings Contract starting at the beginning of the first day of the month for which the first contribution is due and ending on the last day of the month for which the final contribution is due
Savings Period has the meaning assigned to it in the definition ofFixed Charge Coverage Ratio”.