Earned definition

Earned and “incurred”, as used in the Agreement shall be interpreted in accordance with GAAP and Council of Petroleum Accountants Society standards, except as otherwise specified herein. For purposes of allocating production (and proceeds and accounts receivable with respect thereto), under this Section 2.4, (i) liquid Hydrocarbons shall be deemed to be “from or attributable to” the Units, Leases and Xxxxx when they pass through the pipeline connecting into the storage facilities into which they are run and (ii) gaseous Hydrocarbons shall be deemed to be “from or attributable to” the Units, Leases and Xxxxx when they pass through the royalty measurement meters, delivery point sales meters or custody transfer meters on the gathering lines or pipelines through which they are transported (whichever meter is closest to the well). SM Energy shall utilize reasonable interpolative procedures, consistent with industry practice, to arrive at an allocation of production when exact meter readings or gauging and strapping data are not available. As part of the Preliminary Settlement Statement, Buyer shall provide to SM Energy such data as is reasonably necessary to support any estimated allocation, for purposes of establishing the Closing Amount.

Earned means eligible to become vested and exercisable in accordance with the vesting provisions set forth on Appendix B attached hereto.

Earned has the definition of that term as it is used in the Colorado Wage and Hour Act, Colo. Rev.

Examples of Earned in a sentence

• To be considered, contact the Program Administrator of both programs.Transferring Credit Earned at Other InstitutionsIf an applicant is currently attending or has attended a school other than Galen with a related curriculum, they may be able to obtain credit for those courses.

• Employer and Employee agree on the following policies regarding leave benefits, in addition to compliance with any applicable federal, state, or local law regarding leave benefits: Type of Leave Policy Description Sick Leave (e.g., Employee or their child is sick or has a medical appointment) Compensation (check one): ☐ Paid or ☐ Unpaid How Leave is Earned: ❑ Employee will earn hour(s) of sick leave for every hour(s) of work, up to days per calendar year.

• Kling, 2012, “The Role of the Earned Income Tax Credit in the Budgets of Low-Income Households .” Social Service Review 86: 367-400.

• Caregiving and Medical Leave (e.g., Employee gives birth, needs to recover from surgery, or their spouse has a serious medical condition) Compensation (check one): ☐ Paid or ☐ Unpaid How Leave is Earned: ❑ Employee will earn hour(s) of caregiving and medical leave for every hour(s) of work, up to days per calendar year.

• The Contractor must notify its employees, and will require each subcontractor to notify its employees, that they may be eligible for the Federal Earned Income Credit under the federal income tax laws.

More Definitions of Earned

Earned and “incurred,” as used in Section 2.4(i) and Section 2.6, shall be interpreted in accordance with accounting recognition guidance under the Accounting Principles.

Earned. “Endorse”

Earned. Incentive Stock Rights that have vested shall be paid as of the earliest of the following dates:

Earned means that portion of a Participant’s Employer/Sponsoring Entity Contribution Account to which the Participant has become entitled by virtue of his or her age and Years of Service (or Years of Participation) in accordance with the Earned benefit schedule set forth in the Plan Specifications.

Earned means, when used in connection with Performance Options that such Performance Options have been earned in accordance with the relevant Incentive Plan and the certificates issued pursuant thereto.

Earned when used with respect to any Incentive Securities, means that such Incentive Securities have been earned in accordance with any schedule or requirements therefor established by the Board of Directors in connection with the grant or issuance of such Incentive Securities.

Earned and “incurred”, as used in the Agreement shall be interpreted in accordance with generally accepted accounting principles and Council of Petroleum Accountants Society standards, and expenditures that are incurred pursuant to an operating agreement, unit agreement or similar agreement shall be deemed incurred when expended by the operator of the applicable Lease, Land or Well, in accordance with Seller’s then current practice. For purposes of allocating production (and accounts receivable with respect thereto), under this Section 2.7(a), (i) liquid Hydrocarbons shall be deemed to be “from or attributable to” the Leases, Lands, and Xxxxx when they pass through the inlet flange of the pipeline connecting into the storage facilities into which they are run or, if there are no such storage facilities, when they pass through the LACT meters or similar meters at the initial point of entry into the pipelines through which they are transported from the field, and (ii) gaseous Hydrocarbons shall be deemed to be “from or attributable to” the Leases, Lands, and Xxxxx when they pass through the royalty measurement meters, delivery point sales meters or custody transfer meters on the gathering lines or pipelines through which they are transported (whichever meter is closest to the well). Seller shall utilize reasonable interpolative procedures, consistent with industry practice, to arrive at an allocation of production when exact meter readings or gauging and strapping data are not available. As part of Preliminary Settlement Statement, Seller shall provide to Buyer such data that Seller determines in its discretion is necessary to support any estimated allocation, for purposes of establishing the Closing Amount.