Underbillings definition

Underbillings means costs and estimated earnings in excess of xxxxxxxx on uncompleted contracts.
Sample 1
Underbillings means costs and estimated earnings in excess of billings on uncompleted contracts. “Working Capital Objection Notice” shall have the meaning set forth in Section 2.07(b).
Sample 1
Underbillings means, consistent with GAAP, the revenue recognized in excess of amounts paid or payable (contract receivables) to the Companies on uncompleted contracts (contract asset), excluding retainage. Underbillings may be noted on the Companies’ balance sheets as contract assets, costs and estimated earnings in excess of bxxxxxxx on uncompleted contracts and/or simply “under billings”.
Sample 1

Examples of Underbillings in a sentence

  • Underbillings means the costs and estimated earnings of the Engineering and ------------- Construction Group in excess of customer xxxxxxxx on completed and uncompleted contracts.

  • Underbillings Ratio means, as of the last day of any Computation Period, ------------------- the ratio of (a) Underbillings as of the last day of such Computation Period to (b) all revenues booked, with respect to continuing operations in the ordinary course of business, by the Engineering and Construction Group during such Computation Period.

  • The Company shall not permit the Underbillings Ratio to exceed 0.30 to 1 for any fiscal quarter.

  • Not at any time permit the Underbillings with ------------- respect to any project to be greater than $3,000,000.

  • Not permit the Underbillings Ratio as of the ------------------- last day of any Computation Period to be greater than 5%.

Related to Underbillings

  • Social Engineering Fraud means the intentional misleading of an Employee through the use of a Communication, where such Communication:

  • Service Complaints For service problems or complaints, you should contact your local utility by calling: AEP Ohio at 000.000.0000. IN THE EVENT OF AN ENERGY-RELATED EMERGENCY, SUCH AS A POWER OUTAGE OR DOWNED POWER LINE, PLEASE VACATE THE AREA BY A SAFE DISTANCE AND CALL YOUR LOCAL UTILITY or 911. Authorization/Representation/Letter of Agency:By entering into this Agreement, you authorize XOOM to act on your behalf under your local utility’s tariffs in accordance with the rules and regulations of the PUCO. You acknowledge that you are your local utility account holder, or a person legally authorized to execute this Agreement on behalf of the account holder for electricity service and are at least eighteen (18) years of age. You agree to authorize XOOM to obtain your credit information and you agree to authorize your local utility to release all information relating to your historical and current electricity usage, billing and payment history to XOOM or its authorized representatives. You acknowledge that XOOM has full authority to make all rates and tariff selections necessary to meet its obligations under this Agreement. You may rescind this authorization at any time by contacting XOOM. Neither your social security number, customer account number nor any other customer financial information will be released by XOOM, except where such release is required by court order or by Commission Order or Rule, without your affirmative written consent. Execution of this Agreement shall constitute authorization for the release of this information to XOOM.

  • Recalibration means the adjustment of all DRG weights to reflect changes in relative resource consumption.

  • AES means the Advanced Encryption Standard, a specification of Federal Information Processing Standards Publications for the encryption of electronic data issued by the National Institute of Standards and Technology (xxxx://xxxxxxx.xxxx.xxx/nistpubs/FIPS/NIST.FIPS.197.pdf).

  • Laboratory or “LANL” means the geographical location of Los Alamos National Laboratory, a federally funded research and development center owned by the DOE / NNSA.

  • Processing Center means a legal entity or its department that supports the informational and technological interaction between payment participants.

  • Cost of materials means the cost of components, parts or materials which are intended for the production, manufacturing or assembling of the goods bid for and which are not produced, manufactured or assembled in the factory where the production, manufacture or assembly of such goods occurs, including freight, landing costs, port charges, import duties and other import costs of such components, parts or materials and all costs in connection with the handling and transport thereof prior to delivery at that factory;

  • SMEs mean micro, small and medium-sized enterprises within the meaning of Recommendation 2003/361/EC in the version of 6 May 2003. Part A IMPLEMENTATION OF THE PROJECT

  • Consumption Data means customer specific electric usage data, or weather adjusted data, including but not limited to kW, kWh, voltage, var, power factor, and other information that is recorded by the electric meter for the Company and stored in its systems. Consumption Data also includes payment and service history, account number, and amount billed.

  • Meter means a device which records the demand and/or the electrical energy consumed and includes conventional and prepayment meters;

  • Catechumen means a member of the catechumenate of a Catholic Church. This will normally be evidenced by a certificate of reception into the order of catechumens.

  • Medical examination means the preliminary assessment of a person by an authorized health worker or by a person under the direct supervision of the competent authority, to determine the person’s health status and potential public health risk to others, and may include the scrutiny of health documents, and a physical examination when justified by the circumstances of the individual case;

  • Calibration means the determination of (1) the response or reading of an instrument relative to a series of known radiation values over the range of the instrument, or (2) the strength of a source of radiation relative to a standard.

  • Downtime means the Total Minutes in the Month during which the Cloud Service (or Servers for Server Provisioning) does not respond to a request from SAP’s Point of Demarcation for the data center providing the Cloud Service (or Server for Server Provisioning), excluding Excluded Downtime.

  • Certified pharmacy technician or “certified technician” means an individual who holds a valid current national certification and who has registered with the board as a certified pharmacy technician.

  • SME means an enterprise falling within the category of micro, small and medium-sized enterprises defined by the Commission Recommendation of 6 May 2003 concerning the definition of micro, small and medium-sized enterprises;