Earnback has the meaning given to it in Schedule 2, Exhibit C;
Earnback means the methodology used to determine the potential elimination of a Service Level Credit as described in the applicable Supplement.
Earnback means the methodology used to determine the potential elimination of a Service Level Credit as described in Schedule 3.
Examples of Earnback in a sentence
Devolution of some new responsibilities which is possible without new legislation will be passed to the GMCA now and the rest of the powers, funding for large strategic projects post 2016/17 and future funding from the revised Earnback deal etc, will be conditional on GM implementing the City Region model.
It includes the following components:- Earnback A revised "Earnback" deal which enables GM to retain a greater proportion of the additional tax revenue that will be generated as a result of local investment in infrastructure.
Unlike Service Level Credits, Deliverable Credits shall not be subject to Earnback.
Some powers, funding for large strategic projects post 2016/17 and future funding from the revised Earnback deal will be conditional upon GM implementing the GM Mayoral Model.
The changes to the Earnback Model, by removing the complex formula that is part of the existing arrangement, give significant additional comfort that it can generate the remaining £800m that has been earmarked over 30 years.
More Definitions of Earnback
Earnback means the methodology used to determine the potential elimination of a Service Credit as described in the Service Levels and Service Credits Schedule. Effective Date means January 31, 2012, at 12:01 am, Central Time; provided that (consistent with Section 1.9(b), references to Effective Date in the Services and Support Responsibilities Schedule, Service Levels and Service Credits Schedule, and Charges Schedule means January 1, 2012, at 12:01 am, Central Time. End User Computing Services or End User Computing Service Tower means the end user computing and other services as described in Exhibit 2.5 of the Services and Support Responsibilities Schedule. Enterprise Security Event Management (ESEM) Private Security Network means a network that is separate from Provider’s leveraged service management center infrastructure network (commonly referred to as the “Provider backbone network”), and is designed and implemented solely for the transmission of ESEM-related traffic, such as security event data, syslogs, SNMP, RDEP. ESEM Private Security Network is designed so that it cannot be accessed via internet protocols from the Provider leveraged Network, a condition commonly referred to as “out-of-band.” Equipment means the computer, telecommunications, and Facility-related hardware, equipment and peripherals (i) owned or leased by Company or the Provider and (ii) used by either the Provider or Authorized Users in conjunction with the Services. Euro means the single European currency established by all member states of the European Union or any of them.
Earnback means the methodology used to determine the potential return of a Service Level Credit as described in Section 6 of Schedule G.
Earnback has the meaning given in Exhibit 3, Section 7.5. “Effective Date” has the meaning given in the preamble to the MPSA. “Eligible Recipients” means, collectively, the following: (a) Ascension Health or Ascension Health Care Network; (b) any Entity that is an Affiliate of Ascension Health or Ascension Health Care Network on the Supplement Effective Date, or thereafter becomes an Affiliate of Ascension Health; (c) any Entity that purchases after the Supplement Effective Date from Ascension Health or any Affiliate of Ascension Health, all or substantially all of the assets of Ascension Health or such Affiliate, or of any division, marketing unit or business unit thereof, provided that such Entity agrees in writing to be bound by the terms and conditions of this Agreement; (d) any Entity that after the Supplement Effective Date is created using assets of Ascension Health or any Affiliate of Ascension Health, provided that such Entity agrees in writing to be bound by the terms and conditions of this Agreement; (e) any Entity into which Ascension Health or any Affiliate of Ascension Health merges or consolidates, provided that such Entity has assumed Ascension Health’s obligations under this Agreement, and provided further that such Entity agrees in writing to be bound by the terms and conditions of this Agreement; (f) any Entity which merges into or consolidates with Ascension Health or any Affiliate of Ascension Health; (g) any Entity, including any corporation, joint venture, partnership or manufacturing or retail facility, in which on or after the Supplement Effective Date, Ascension Health or any Affiliate of Ascension Health has an ownership interest and as to which Ascension Health or such Affiliate has management or operational responsibility; (h) any person or Entity engaged in the provision of products or services to Ascension Health or another Eligible Recipient identified in clauses (a) through (g) (e.g., contract personnel working at a Ascension Health site), but only in connection with the provision of such products or services to Ascension Health or such other Eligible Recipient; (i) any customer of an Eligible Recipient identified in clauses (a) through (g) above, or an Entity to which such an Eligible Recipient is a subcontractor, but only in connection with the provision of products or services (other than the Services provided hereunder) by such Eligible Recipient to such customer; and
Earnback is defined as the amount of a previously incurred Fee Reduction that for which Provider may be entitled to recover by way of a credit following Provider’s failure to meet a Service Level. This process and its method of calculation is described in Schedule 4.
Earnback has the meaning given in Section 7.5 of Exhibit 3.
Earnback means the process described in Section 7 of Appendix 2 (Service Level Methodology) by which Provider is able to earn financial relief from incurred Service Credits.