Alternative Benefit definition

Alternative Benefit has the meaning given in clause 10.2.
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Alternative Benefit has the meaning given in clause 8. Building means the building or complex within which your Premises is situated. Business Customer means a person who consumes electricity who is not a Residential Customer.
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Examples of Alternative Benefit in a sentence

  • For HIP Plus and HIP Basic benefits, the Contractor shall cover the tobacco dependence benefits described in the Alternative Benefit Plan.

  • Furthermore, if such adverse consequence would affect the Employee or the Employee's dependents, the Employee shall have the right to require that the Company provide such an Alternative Benefit.

  • The Alternative Benefit is a benefit or payment which places the Employee and the Employee’s dependents in at least as good of an economic position as if the benefit promised by this Agreement (a) were provided exactly as called for by this Agreement, and (b) had the favorable economic, tax and legal characteristics customary for plans, policies or arrangements of that type.

  • Unless explicitly stated otherwise, all provisions of this Agreement shall apply to the Alternative Benefit Plan and to categories of eligibility that are covered under the Alternative Benefit Plan.

  • The Alternative Benefit is a benefit or payment which places the Employee and the Employee's dependents in at least as good of an economic position as if the benefit promised by this Agreement (a) were provided exactly as called for by this Agreement, and (b) had the favorable economic, tax and legal characteristics customary for plans, policies or arrangements of that type.

  • Furthermore, if such adverse consequence would affect the Employee or the Employee’s dependents, the Employee shall have the right to require that the Company provide such an Alternative Benefit.

  • MassHealth’s Standard Alternative Benefit Plan (ABP) is for individuals in the New Adult Group who are ages 19-20, as well as individuals 21-64 who are HIV positive, have breast or cervical cancer or are receiving services from the Department of Mental Health or who are on a waiting list to receive such services.

  • The Alternative Benefit is a benefit or payment which places the Executive and the Executive’s dependents or beneficiaries, as the case may be, in at least as good of an economic position as if the benefit promised by this Agreement (a) were provided exactly as called for by this Agreement, and (b) had the favorable economic, tax and legal characteristics customary for plans, policies or arrangements of that type.

  • Furthermore, if such adverse consequence would affect the Executive or the Executive’s dependents, the Executive shall have the right to require that the Company provide such an Alternative Benefit.

  • Part time employees shall be eligible to elect this Alternative Benefit prorated on the same basis as his/her salary pro-ration.

Related to Alternative Benefit

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Actuarial equivalent means a benefit of equal value when

  • Supplemental Benefit means the monthly benefit payable to the Executive under this Agreement.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Lump Sum means the total sum which will have become payable to the Contractor by the Principal upon completion of the Works.