Money Equivalent definition

Money Equivalent means any benefit that is readily and directly convertible into cash or cash benefit including, but not limited to, securities, stock options, bonds, loans, promissory notes or gift certificates or gift cards that have a cash value.Page 4 of 14
Sample 1

Examples of Money Equivalent in a sentence

  • The tender must be accompanied with Bid Security (Earnest Money) Equivalent to 2% of the contract price on the following form- Bank draft / pay order or Bank Guarantee / Call deposit drawn of an approved scheduled bank in favor of SSWMB.- The Bid Security (Earnest Money) shall be calculated on the basis of Rate offered on total estimated quantity of BOQ.

  • EMD:• Each tender must be accompanied by Earnest Money Equivalent to 1 % of the estimated value or Rs.500/- whichever is more of the contract.• The EMD amount will be payable either in cash or through Demand Draft in favour of MGVCL.

  • EMD:-Each tender must be accompanied by Earnest Money Equivalent to 1 % of the estimated value or Rs.500/- whichever is more of the contract.

  • The tender must be accompanied with Bid Security (Earnest Money) Equivalent to 2% of the contract price on the following form- Bank draft / pay order or Bank Guarantee / Call deposit drawn of an approved scheduled bank in favor of SSWMB.- The Bid Security (Earnest Money) shall be calculated on the basis of Rate offered on average of 700 Tons Garbage per day for 365 days The Bid Security (Earnest Money) shall be returned to all bidders as soon as the contract is awarded to the Lowest Evaluated Bidder.

  • Seventy-four nuclear reactors around the world (about 17% of the world’s fleet) have provided either district heating, desalination or some other form of process heat for industrial applications.

  • EMD :Each tender must be accompanied by Earnest Money Equivalent to 1 % of the estimated value or Rs.500/- whichever is more of the contract.

  • Documents along with Pay Order / Demand Draft amounting toRs. 2000/- as a Tender Documents Fee (Nonrefundable) & Earnest Money Equivalent to 2% of the total cost of quoted items shall be submitted in favor of COMSATS University Islamabad, Wah Campus to the address given at S.No 25 below.

  • The bill in Triplicate should be forwarded to the EE(O&M) Mahemdabad and payment will be made by A/C payee cheque only EMD:- Each tender must be accompanied by Earnest Money Equivalent to 1 % of the estimated value or Rs.500/- whichever is more of the contract.

  • Documents along with Pay Order / Demand Draft as Tender Documents Fee as amounting to Rs. 1000/- (Nonrefundable) & Earnest Money Equivalent to 2% of the total cost of quoted items shall be prepared in favor of COMSATS University Islamabad, Wah Campus and submitted at the address given at S.No 22 below.

  • The offer is received by telephone/telex/fax/telegram.3. Bidders could not challenge the decision of the Purchase / Technical Evaluation Committee or ask for reason of disqualification4 Documents along with Pay Order / Demand Draft amounting to Rs. 2000/- as a Tender Documents Fee (Nonrefundable) & Earnest Money Equivalent to 2% of the total cost of quoted items shall be submitted in favor of COMSATS University Islamabad, Wah Campus to the address given at S.No 26 below.

Related to Money Equivalent

  • Alternative Currency Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable Alternative Currency as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of such Alternative Currency with Dollars.

  • Alternate Currency Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in the applicable Alternate Currency as determined by the Administrative Agent or the applicable Issuing Bank, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of such Alternate Currency with Dollars.

  • Foreign Currency Equivalent means, with respect to any amount in Dollars, the amount of any Foreign Currency that could be purchased with such amount of Dollars using the reciprocal of the foreign exchange rate(s) specified in the definition of the term “Dollar Equivalent”, as determined by the Administrative Agent.

  • USD Equivalent means (i) in respect of each FX Offsetting Transaction, each FX Direct Transaction and each Reverse Dealer Transaction that is a FX Transaction or Currency Option Transaction (assuming (1) the exercise of any Currency Option Transaction and (2) in respect of any Non-Deliverable FX Transaction, the actual exchange of the amounts of the relevant currencies), (y) if there is a USD amount payable either to or by JPMC under such FX Offsetting Transaction, FX Direct Transaction, or Reverse Dealer Transaction, as the case may be, such USD amount or (z) if there is no USD amount payable either to or by JPMC under such FX Offsetting Transaction, FX Direct Transaction, or Reverse Dealer Transaction, as the case may be, then the Dollar Value, determined by JPMC, of the amount of currency payable to JPMC under such FX Offsetting Transaction or Reverse Dealer Transaction, as the case may be, and (ii) in respect of each Bullion Offsetting Transaction, each Bullion Direct Transaction, or Reverse Dealer Transaction that is a Bullion Trade or Bullion Option, as the case may be, (assuming the exercise of any Bullion Option), the Dollar Value, determined by JPMC, of the relevant quantity of Bullion payable to JPMC under such Bullion Offsetting Transaction, Bullion Direct Transaction, or Reverse Dealer Transaction, as the case may be,.

  • Lead equivalent means the thickness of lead affording the same attenuation, under specified conditions, as the material in question.

  • Sterling Equivalent means at the time of determination thereof (a) with respect to Sterling, the amount in Sterling and (b) with respect to any amount in Dollars, the equivalent of such amount in Sterling determined by Administrative Agent at such time on the basis of the Exchange Rate for the purchase of Sterling with Dollars on the most recent Computation Date provided for in Section 2.8(a).

  • Base Currency Equivalent means, with respect to an amount on a Valuation Date, in the case of an amount denominated in the Base Currency, such Base Currency and, in the case of an amount denominated in a currency other than the Base Currency (the “Other Currency”), the amount of Base Currency required to purchase such amount of the Other Currency at the spot exchange rate determined by the Valuation Agent for value on such Valuation Date.

  • Aluminum equivalent means the thickness of type 1100 aluminum alloy affording the same attenuation, under specified conditions, as the material in question.

  • Termination Currency Equivalent means, in respect of any amount denominated in the Termination Currency, such Termination Currency amount and, in respect of any amount denominated in a currency other than the Termination Currency (the "Other Currency"), the amount in the Termination Currency determined by the party making the relevant determination as being required to purchase such amount of such Other Currency as at the relevant Early Termination Date, or, if the relevant Market Quotation or Loss (as the case may be), is determined as of a later date, that later date, with the Termination Currency at the rate equal to the spot exchange rate of the foreign exchange agent (selected as provided below) for the purchase of such Other Currency with the Termination Currency at or about 11:00 a.m. (in the city in which such foreign exchange agent is located) on such date as would be customary for the determination of such a rate for the purchase of such Other Currency for value on the relevant Early Termination Date or that later date. The foreign exchange agent will, if only one party is obliged to make a determination under Section 6(e), be selected in good faith by that party and otherwise will be agreed by the parties.

  • Euro Equivalent means, at any time, with respect to any amount denominated in Dollars, the equivalent amount thereof in Euros as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the purchase of Euros with Dollars.

  • Interest Equivalent means a yield on a 360-day basis of a discount basis security which is equal to the yield on an equivalent interest-bearing security.

  • Dose equivalent (HT) means the product of the absorbed dose in tissue, quality factor, and all other necessary modifying factors at the location of interest. The units of dose equivalent are the sievert (Sv) and rem.

  • Equity Equivalents means with respect to any Person any rights, warrants, options, convertible securities, exchangeable securities, indebtedness or other rights, in each case exercisable for or convertible or exchangeable into, directly or indirectly, Equity Interests of such Person or securities exercisable for or convertible or exchangeable into Equity Interests of such Person, whether at the time of issuance or upon the passage of time or the occurrence of some future event.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Committed dose equivalent (HT,50) means the dose equivalent to organs or tissues of reference (T) that will be received from an intake of radioactive material by an individual during the 50-year period following the intake.

  • B/A Equivalent Loan has the meaning assigned to such term in Section 2.06(j).

  • Actuarially Equivalent or "of equal actuarial value" means a benefit of equal value

  • Equivalent Load means the sum of a Market Participant’s net system requirements to serve its customer load in the PJM Region, if any, plus its net bilateral transactions.

  • Spousal equivalent means a cohabitant occupying a relationship generally equivalent to that of a spouse.

  • U.S. Dollar Equivalent means, on any date of determination, (a) with respect to any amount in US Dollars, such amount, and (b) with respect to any amount in any Alternative Currency, the equivalent in US Dollars of such amount, determined by the Administrative Agent pursuant to Section 1.05 using the Exchange Rate with respect to such Alternative Currency at the time in effect under the provisions of such Section.

  • Dollar Equivalent Amount means (i) with respect to any amount of Alternate Currency on any day, the equivalent amount in Dollars of such amount of Alternate Currency as determined by the Administrative Agent using the applicable Exchange Rate on such day and (ii) with respect to any amount of Dollars, such amount.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • Cash Equivalent Investment means, at any time:

  • Cash Equivalent Investments means at any time:

  • Effective dose equivalent (HE), means the sum of the products of the dose equivalent to each organ or tissue (HT), and the weighting factor (wT,) applicable to each of the body organs or tissues that are irradiated.