Transfer Benefits definition

Transfer Benefits means all or such part of the benefits of a Beneficiary or group of Beneficiaries under this Scheme as the Public Sector Pensions Authority, determine for the purpose of making a transfer under Rule 62.
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Transfer Benefits has the meaning given in [Part 1 of Schedule 10].
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Transfer Benefits means the sum of all the following benefits (including contingent benefits) to the extent existing or accruing as a result of or in connection with the ownership, construction, operation, maintenance or repair of the Plant by, or on behalf of, the Seller prior to the Asset Transfer Date, in each case, only to the extent not already accounted for in the Transfer Value: (i) where prior to the Asset Transfer Date, the Seller has received payment under any Insurance policies relating to the Plant, the balance of any such payment so received after application of any part of such proceeds in remedying the loss or damage in question or in payment (whether voluntary or mandatory) of amounts outstanding under the Financing Documents; (ii) claims outstanding and unpaid as at the Asset Transfer Date (including all claims under the Construction Contract) which the Seller is entitled to make but has not as at the Asset Transfer Date made, under any Insurance policies relating to the Plant; (iii) the trade and book debts and receivables accruing due to the Seller prior to but unpaid at the Asset Transfer Date; (iv) the benefit of liquidated claims under the assigned contracts (including warranties, guarantees, conditions and indemnities under the Construction Contract) arising out of any events occurring or circumstances prior to the Asset Transfer Date and other outstanding claims under warranties, guarantees, conditions, indemnities and otherwise; (v) the benefit of any refund or repayment of taxes becoming payable after, but attributable to the construction, operation, maintenance or repair of, or the sale of Net Energy Output and Ancillary Services from, the Plant, prior to the Asset Transfer Date; and (vi) all amounts due by the Purchaser to the Seller under, or in connection with, this Agreement.
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Examples of Transfer Benefits in a sentence

  • The Energy Transfer Benefits Advocate Center is available to answer your benefit questions Monday through Friday, from 7 a.m. to 6 p.m. (CT).

  • Alternative Methods for Valuing Selected In-Kind Transfer Benefits and Measuring Their Effect on Poverty.

  • Our mid-range expectation is that a transfer would cover the District’s local water system costs, with a small net surplus.Net Transfer Benefits After Local Water System Costs – Planning Scenarios ScenarioDescriptionNet Unit Revenue (Loss)Worst CaseNo transfer deal.

  • As Figure I shows:● For a family earning $32,100 a year (1.5 times the minimum wage), half the taxes paid are payroll taxes and only 30 percent are income taxes.● By contrast, for a family earning $321,400 (15 times the minimum wage), three-fourths of all taxes are paid in the form of income taxes, and less than one in five tax dollars comprises payroll taxes.Lifetime Transfer Benefits.

  • If we ignore the lowest income levels, the table shows: TABLE IPresent Values of Lifetime Taxes and Transfer Benefits of Working Couples(in year 2002 dollars)Source: Table II-A in the Appendix.

  • Net Benefit ofUnpaid Medical BillsCreditChannelIncreasedOOP−∗ Figure 1: Transfer Benefits in Theory The red area captures the utility loss from increased out-of-pocket payments.

  • Client’s Signature :  Name of the Client:(in Full Name) 3.5 Transfer under Employee Choice Arrangement: Is the client invited, induced or advised on transfers under employee choice arrangement? No (Go to section 3.6) Yes (MPF Intermediary should explain the ‘Guide to Transfer Benefits under Employee Choice Arrangement (“ECA”)” (the “Guide”) on the “ECA” Transfer Election Form to the client.

  • The Mobility Transfer Benefits Form shall be provided in its entirety to the receiving Union effective the signing of this Memorandum.

  • The summary of reference and adjusted transfer benefits of coral reefs and mangroves attributable to global biodiversity, erosion control function, fishery, and local uses is presented in Table A11.1. Table A11.1: Summary of Adjusted Transfer Benefits and Project Benefits a Based on the reference cases in Supplementary Appendix F.

  • Available Tax and Transfer Benefits by Income 49Transformations Currently Underway at the State Level 50Authors & Acknowledgements 51Glossary of Terms and Acronyms 52References 54 Missouri’s Medicaid system faces many of the same challenges confronting healthcare delivery systems nationwide: how to enhance access to high-quality care and improve patient outcomes while containing the trend of rising health care costs.

Related to Transfer Benefits

  • Other Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the Disability Effective Date to receive, disability and other benefits at least equal to the most favorable of those generally provided by the Company and the Affiliated Companies to disabled executives and/or their families in accordance with such plans, programs, practices and policies relating to disability, if any, as in effect generally with respect to other peer executives and their families at any time during the 120-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's family, as in effect at any time thereafter generally with respect to other peer executives of the Company and the Affiliated Companies and their families.

  • 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.

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Change in Control Benefits means the following benefits:

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Severance Benefits means the payment of severance compensation as provided in Section 3.3 herein.

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive’s employment for reasonable and necessary expenses incurred by the Executive on behalf of the Employer for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, but subject to any deferral election then in effect, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained at the target level (reduced, but not below zero, by amounts paid under all such contingent bonus or incentive compensation awards upon the Change in Control of the Company to the extent such amounts relate to the same period of time); and (v) all other payments and benefits to which the Executive (or in the event of the Executive’s death, the Executive’s surviving spouse or other beneficiary) may be entitled on the Termination Date as compensatory fringe benefits or under the terms of any benefit plan of the Employer, excluding severance payments under any Employer severance policy, practice or agreement in effect on the Termination Date. Payment of Accrued Benefits shall be made promptly in accordance with the Company’s prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits; provided that payments pursuant to clause (iv)(B) shall be paid on the first day of the seventh month following the month in which the Executive’s Separation from Service occurs, unless the Executive’s Separation from Service is due to death, in which event such payment shall be made within 90 days of the date of Executive’s death.

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Employment benefits means all benefits provided or made

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Nonqualifying Termination means a termination of the Executive’s employment (1) by the Company for Cause, (2) by the Executive for any reason other than a Good Reason, (3) as a result of the Executive’s death or (4) by the Company due to the Executive’s absence from his duties with the Company on a full-time basis for at least 180 consecutive days as a result of the Executive’s incapacity due to physical or mental illness.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Change in Control Benefit means the benefit set forth in Section 4.1 below.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • 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.

  • Vested Benefits means amounts which are vested or which Executive is otherwise entitled to receive under the terms of or in accordance with any plan, policy, practice or program of, or any contract or agreement with, the Company or any of its subsidiaries, at or subsequent to the date of his termination without regard to the performance by Executive of further services or the resolution of a contingency.

  • Termination Benefit means the benefit set forth in Article 7.

  • SERP Benefit means the benefit described in Section 5.1.

  • Medical Benefits means the monthly fair market value of benefits provided to the Employee and the Employee’s dependents under the major medical, dental and vision benefit plans sponsored and maintained by the Company, at the level of coverage in effect for such persons immediately prior to the Employee’s termination of employment date. The “monthly fair market value” of such benefits shall be equal to the monthly cost as if such persons elected COBRA continuation coverage at such time at their own expense.

  • Seller Benefit Plans has the meaning set forth in Section 4.8(a).

  • Severance Compensation means the compensation set forth in (i), (ii), and (iv) above.

  • Severance Amount means (A) for any Termination other than during a Covered Period, an amount equal to one hundred percent (100%) of Executive’s then-current Annual Base Salary as of the respective Termination; or (B) for a Termination during a Covered Period, an amount equal to two hundred percent (200%) of Executive’s Base Compensation as of the respective Termination.