Windfall definition

Windfall sales are defined as one or more sales in a single account that makes a buying decision with only minimal involvement by the Employee in the sales process.
Sample 1Sample 2
Windfall means that element of production incentive provided for in Clause 14.2(ii)(a).
Sample 1Sample 2
Windfall means the amount by which any asset or profit proves to have been understated in the Company Financial Statements or the amount by which any liability or loss proves to have been overstated in the Company Financial Statements
Sample 1

Examples of Windfall in a sentence

  • No other adjustment or discount will apply other than Windfall Levy.

  • If the proceeds of sale of Windfall Shares are reinvested in Shares or Units in a PEP (other than Shares or Units in the MoneyBuilder Range), initial charges will apply as in paragraph (a) above.

  • There are no annual charges to hold Windfall Shares in a Windfall PEP if you made an investment with Fidelity in addition to your Windfall PEP by 5 April 1999, failing which an annual charge of £15 (plus VAT) will be made.

  • There are no annual charges to hold Windfall Shares in a Windfall PEP, and no fee is charged for processing dividends.

  • No brokerage charges will be payable on the sale of Windfall Shares held within a Windfall PEP, but a handling fee may be payable.

  • Income from Windfall Shares held in a Windfall PEP and any capital repayment or other extraordinary payment relating to Windfall Shares will be reinvested without requiring further instruction from you, together with all related tax reclaims, net of any tax liability unless you elect to be paid income from your PEP – see “Income” in Section 2 for details of how income will be treated and the application of interest to the income.

  • The Windfall Elimination Provision can affect the amount of a worker’s Social Security retirement or disability benefit.

  • No brokerage charges will be payable on the sale of Windfall Shares held within a Windfall PEP.

  • If the proceeds of sale of Windfall Shares are reinvested in Shares or Units in a PEP (other than OEIC Shares or Units in the MoneyBuilder Range), an initial charge of up to 3.5% will be deducted.

  • The income option for Windfall Shares is not available where Investment Trust Shares are also held within your PEP.


More Definitions of Windfall

Windfall has the meaning set out in Paragraph 1 of Schedule 11;
Sample 1
Windfall means such amount in respect of any income, profits, gains or turnover relating to a period ending on or before the Effective Time as was neither actually received before the Effective Time nor reflected in the Working Capital Statement but which, had it been actually received before the Effective Time or reflected in the Working Capital Statement, would have resulted in an increase in the Purchase Price.
Sample 1

Related to Windfall

  • Profits or “Losses” means, for each Fiscal Year or other taxable period, an amount equal to the Company’s taxable income or loss for such year or period, determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments (without duplication):

  • STAMP shall have the meaning assigned to such term in Section 3.4.

  • Applicable Tax State means, as of any date, (i) any State in which the Owner Trustee maintains the Corporate Trust Office, (ii) any State in which the Owner Trustee maintains its principal executive offices and (iii) any State in which the Servicer regularly conducts servicing and collection activities (other than purely ministerial activities) with respect to a material portion of the Receivables.

  • Occupation means occupation for the purposes permitted by the Planning Permission but does not include occupation by personnel engaged in construction, fitting out or decoration or occupation for marketing or display or occupation in relation to security operations and “Occupy” and “Occupied” shall be construed accordingly

  • Franchise means a written contract or agreement between two or more persons whereby one

  • Penalties means the amounts to be deducted from payments

  • Income means the following:

  • Profit and “Loss” and any items of income, gain, expense, or loss referred to in this Agreement shall be determined in accordance with federal income tax accounting principles, as modified by Regulations Section 1.704-1(b)(2)(iv), except that Profit and Loss shall not include items of income, gain and expense that are specially allocated pursuant to Sections 5.1(b), 5.1(c) or 5.1(d). All allocations of income, Profit, gain, Loss and expense (and all items contained therein) for federal income tax purposes shall be identical to all allocations of such items set forth in this Section 5.1, except as otherwise required by Section 704(c) of the Code and Regulations Section 1.704-1(b)(4). The General Partner shall have the authority to elect the method to be used by the Partnership for allocating items of income, gain, and expense as required by Section 704(c) of the Code including a method that may result in a Partner receiving a disproportionately larger share of the Partnership tax depreciation deductions, and such election shall be binding on all Partners.

  • Taxes means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto.

  • Levies means an amount in respect of Body Corporate levies, an estimate of which described in clause 6;

  • Gains means, with respect to any Party, an amount equal to the present value of the economic benefit to it, if any (exclusive of Costs), as of the Early Termination Date resulting from the termination of this Agreement, expressed in dollars and determined in a commercially reasonable manner. Factors used in determining the gain of economic benefit to a Party may include:

  • Sharing means the use by two or more persons, in an arrangement not involving resale, of a telecommunications service provided by a Telecommunications Provider.

  • Income Tax Act means the Income Tax Act (Canada), as amended from time to time;

  • Tax means any tax, levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in connection with any failure to pay or any delay in paying any of the same).

  • Sales Tax Revenues means taxes collected under the Virginia Retail Sales and Use Tax Act

  • Customs shall have the meaning set forth in Section 2.11(b) hereof.

  • Pre-Tax Income means income, as determined by GAAP, prior to deduction of the Bonus Pool (as hereinafter defined) and income taxes, and if applicable, after the deduction of any bonus pool of a future officer bonus plan adopted by the Company relating to an applicable Award Year and adjustments approved by the Board as described herein.

  • Salvage means the controlled removal of materials from a covered project, for the purpose of reuse or storage for later reuse;

  • Assessments means Claims of Her Majesty the Queen in Right of Canada or of any province or territory or municipality or any other Taxing Authority in any Canadian or foreign jurisdiction, including amounts which may arise or have arisen under any notice of assessment, notice of objection, notice of reassessment, notice of appeal, audit, investigation, demand or similar request from any Taxing Authority;

  • Fine means a specific sum of money ordered by the

  • Applicable Tax Law means any Applicable Law relating to Taxes, including regulations and other official pronouncements of any Governmental Entity or political subdivision of such jurisdiction charged with interpreting such Applicable Law.

  • Occupational dose means the dose received by an individual in the course of employment in which the individual’s assigned duties involve exposure to radiation or to radioactive material from licensed or unlicensed and registered or unregistered sources of radiation, whether in the possession of the licensee, registrant, or other person. Occupational dose does not include dose received from background radiation, from any medical administration the individual has received, from exposure to individuals administered sources of radiation or radioactive material and released in accordance with 641—subrule 41.2(27), from voluntary participation in medical research programs, or as a member of the public.

  • Special Taxes means any and all present or future taxes, levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, including those arising after the date hereof as result of the adoption of or any change in law, treaty, rule, regulation, guideline or determination of a Governmental Authority or any change in the interpretation or application thereof by a Governmental Authority but excluding, in the case of Lender, such taxes (including income taxes, franchise taxes and branch profit taxes) as are imposed on or measured by Lender’s net income by the United States of America or any Governmental Authority of the jurisdiction under the laws under which Lender is organized or maintains a lending office.

  • council tax benefit means council tax benefit under Part 7 of the SSCBA; “couple” has the meaning given by paragraph 4;

  • Fondling means the touching of the private body parts of another person for the purpose of sexual gratification, without the consent of the victim, including instances where the victim is incapable of giving consent because of his/her age or because of his/her temporary or permanent mental incapacity.

  • Revenue means the price for iron ore from the mineral lease the subject of any shipment or sale and payable by the purchaser thereof to the Company or an associated company less all export duties and export taxes payable to the Commonwealth on the export of the iron ore and all costs and charges properly incurred and payable by the Company from the time the ore shall be placed on ship at the Company’s wharf to the time the same is delivered and accepted by the purchaser including — (1) ocean freight; (2) marine insurance; (3) port and handling charges at the port of discharge; (4) all costs properly incurred in delivering the ore from port of discharge to the smelter and evidenced by relevant invoices; (5) all weighing sampling assaying inspection and representation costs; (6) all shipping agency charges after loading on and departure of ship from the Company’s wharf; and (7) all import taxes by the country of the port of discharge;