Financial Benefits definition

Financial Benefits means monthly base salaries; all supplementary cash entitlements paid directly to employees; and health insurance, retirement, vacation, holiday and sick leave benefits.
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Financial Benefits means money received by the group (eg donations, grants, subscriptions).
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Financial Benefits has the meaning set forth in Section 6.2.
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Examples of Financial Benefits in a sentence

  • We planned and performed our work so as to obtain the information and explanations we considered necessary in order to provide us with reasonable assurance that the Quantified Financial Benefits Statement has been properly compiled on the basis stated.

  • The Costs and Financial Benefits of Green Buildings: A Report to California’s Sustainable Building Task Force.

  • Opinion In our opinion, based on the foregoing, the Quantified Financial Benefits Statement has been properly compiled on the basis stated.

  • For the purpose of this calculation, Financial Benefits will be set equal to the present value of all financially quantifiable benefits provided by the project projected for the first 20 years of the project's life and Project Costs will be set equal to the present value of the annual revenue requirements projected for the first 20 years of the project's life.

  • The Client may request that the Bank provides him with further information regarding the Financial Benefits.

  • The Client acknowledges and accepts that the nature, amount and calculation of the Financial Benefits may vary.

  • During the annual enrollment period, you are verifying that your dependents meet the City’s benefit eligibility requirements.3. If you want to make changes, you must complete and return the signed annual enrollment form (included in the materials mailed to your home) to the Health & Financial Benefits Office by the deadline provided in the annual enrollment materials.

  • Further information on the bases of belief supporting the Quantified Financial Benefits Statement, including the principal assumptions and sources of information, is set out below.

  • Further information on such Financial Benefits can be found in the information sheet which is published in the web pages related to fees and commissions on the Bank’s website.

  • Financial Benefits for PyongyangA key aspect of the KIC for U.S. interests is how much the North Korean government derives in hard currency from the project, including leasing fees and its share of the wages of North Korean workers.


More Definitions of Financial Benefits

Financial Benefits has the meaning given in Section 7.1.1.
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Financial Benefits means financial benefits referred to in sections 12 and 13 of the Act;
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Financial Benefits means all direct or indirect financial benefits of any kind or nature relating to or arising out of any contracts or arrangements between PBM and any Pharmaceutical Manufacturers, including without limitation, all rebates, discounts, administrative or other fees, chargebacks, and grants, and all other monies of any kind whatsoever paid by or on behalf of Pharmaceutical Manufacturers, and the value of all goods or in kind services provided by or on behalf of Pharmaceutical Manufacturers to PBM.
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Financial Benefits means NDPERS’ Pro Rata Share (as Pro Rata Share is defined herein) of all financial benefits received by PBM (as PBM is defined herein) from all Pharmaceutical Manufacturers (as Pharmaceutical Manufacturers is defined herein), including without limitation NDPERS’ Pro Rata Share of all: rebates, discounts, administrative or other fees, chargebacks, grants, all other monies of any kind whatsoever paid by Pharmaceutical Manufacturers, all discounts or credits or reimbursements of any kind provided by Pharmaceutical Manufacturers, all financial benefits paid by Pharmaceutical Manufacturers to PBM for Covered Items dispensed on NDPERS’ behalf from retail pharmacies, the Mail Order Pharmacy, and the Specialty Drug Pharmacies, and all goods (or in kind services) provided by Pharmaceutical Manufacturers.
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Financial Benefits means the share of a project’s electricity production as measured in kilowatt hours that is allocated to a beneficiary and that provides electricity bill savings for that beneficiary through a kilowatt hour reduction on their bill, a bill credit, or some other monetary instrument. For purposes of the percent calculation, the total financial benefit shall be the portion of the share of the project’s electricity production as measured in kilowatt hours that is providing electricity bill savings to low-income beneficiaries. In other words, if 50% of a project’s kilowatt hour output is allocated to eligible low-income households, the project would be eligible as a low-income economic benefit project. This is consistent with the statutory language that financial benefits include electricity provided at a below-market rate.
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Related to Financial Benefits

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • Special benefit means a particular and distinct benefit over and above general benefits conferred on real property located in the district or to the public at large. General enhancement of property value does not constitute “special benefit.”

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • material benefit means a benefit which may not be financial but has a monetary value;

  • Benefits as defined in Section 3.1(b).

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Mutual Benefits means the transient and steady-state support that the integrated generation and Transmission Systems in PJM and New York provide to each other inherently by virtue of being interconnected as described in Section 35.4 of this Agreement.

  • Change in Control Severance Benefits means the benefits payable pursuant to Section 3 of this Agreement.

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Accrued Benefits shall include the following amounts, payable as described herein: (i) all base salary for the time period ending with the Termination Date; (ii) reimbursement for any and all monies advanced in connection with the Executive's employment for reasonable and necessary expenses incurred by the Executive on behalf of the Company and its Affiliates for the time period ending with the Termination Date; (iii) any and all other cash earned through the Termination Date and deferred at the election of the Executive or pursuant to any deferred compensation plan then in effect; (iv) notwithstanding any provision of any bonus or incentive compensation plan applicable to the Executive, a lump sum amount, in cash, equal to the sum of (A) any bonus or incentive compensation that has been allocated or awarded to the Executive for a fiscal year or other measuring period under the plan that ends prior to the Termination Date but has not yet been paid (pursuant to Section 5(f) or otherwise) and (B) a pro rata portion to the Termination Date of the aggregate value of all contingent bonus or incentive compensation awards to the Executive for all uncompleted periods under the plan calculated as to each such award as if the Goals with respect to such bonus or incentive compensation award had been attained; and (v) all other payments and benefits to which the Executive (or in the event of the Executive's death, the Executive's surviving spouse or other beneficiary) may be entitled as compensatory fringe benefits or under the terms of any benefit plan of the Employer, including severance payments under the Employer's severance policies and practices in the form most favorable to the Executive that were in effect at any time during the 180-day period prior to the Effective Date. Payment of Accrued Benefits shall be made promptly in accordance with the Employer's prevailing practice with respect to clauses (i) and (ii) or, with respect to clauses (iii), (iv) and (v), pursuant to the terms of the benefit plan or practice establishing such benefits.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.