Net Cost Savings definition

Net Cost Savings means the aggregate value of any decrease in the [Developer]’s costs reflected on an annual basis directly attributable to a [Compensation Event] as compared with what the costs would have been absent occurrence of a [Compensation Event], but excluding any savings in costs taken into account to reduce the [Net Cost Impact] attributable to such [Compensation Event].
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Net Cost Savings means the PRO FORMA effect of net cost savings resulting from a Business Acquisition (regardless of whether such cost savings could then be reflected in PRO FORMA financial statements under GAAP, Regulation S-X promulgated by the SEC or any other regulation or policy or the SEC) that the Company reasonably determines are probable based upon specifically identified actions that it has determined to take (net of any reduction in Consolidated EBITDA as a result of the Business Acquisition and such cost savings that the Company reasonably determines is probable); PROVIDED, that the Company's chief financial officer shall have certified in an Officer's Certificate delivered to the Trustee the specific actions to be taken, the cost savings to be achieved from each such action, that such savings have reasonably been determined to be probable, and the amount, if any, of any reduction in Consolidated EBITDA as a result thereof or of the Business Acquisition reasonably determined to be probable, and such certificate shall be accompanied by a Board Resolution specifically approving such cost savings and authorizing such certification to be delivered to the Trustee.
Sample 1
Net Cost Savings means the total reduction in Contractor cost of performance resulting from the acceptance of the VEP minus allowable Contractor development and implementation costs.
Sample 1

Examples of Net Cost Savings in a sentence

  • Actual Cumulative NPV of Gross Revenues will be adjusted for any Net Cost Impacts, Net Cost Savings and Net Revenue Impacts arising from a Department Change or Department Project Enhancement.

  • Bariatric Surgery can Lead to Net Cost Savings to Health Care Systems: Results from a Comprehensive European Decision Analytic Model.

  • Additions/Deletions to Budgeted Positions in Fund 580, Facilities Services Fiscal Impact: Annual Net Cost Savings Due to Reclassification of Specialist Position to Technician.

  • Appendix B - Agreement 86U-39 5.3.1.2.5 Net Cost Savings Enhancement - The Department may enter into an agreement with a nongovernmental public utility to reimburse the utility for a specific facility enhancement if in the judgment of the Department, the enhancement will result in net cost savings to the Department, will expedite the project, or will otherwise result in increased public benefit and convenience.

  • Table 4.4: Potential Net Cost Savings by Adoption RateSource: ODJFS SNAP notices data, Department-reported DAS printing cost, reported adoption rates for electronic notifications, and vendor cost quotationsNote 1: The vendor quotations are for email communication services and include: Amazon Web Services, Benchmark, Constant Contact, Elastic Email, Mailchimp, Mailgen, and Stream Send.Note 2: Vendor quotations were categorized by monthly email volumes of up to 50,000; 100,000; 150,000; and 200,000.

  • Compensation Amount) will be calculated based on the sum of (A) any adverse [Net Cost Impact] and (B) any adverse [Net Revenue Impact] for each year that there is an impact attributable to such [Compensation Event]; provided, however, that, subject to paragraph (c) below, any [Net Cost Savings] and positive [Net Revenue Impact] attributable to such [Compensation Event] will be used to decrease the [Compensation Amount].

  • Estimated Present Value of the Net Cost Savings for Each ALTERNATIVE SCENARIO (billions of 2017$) 103 3-8.

  • THE CONTENTS OF SECTION 1.2.11.2, PAYMENT OF SPECIFICATION 1.2.11, CONTRACT DESIGN CHANGE PROPOSALS ARE REPLACED WITH THE FOLLOWING: Project Net Cost Savings (PNCS) shall be taken as the cost difference between the Department's tendered design and the Contractor’s proposed design, net any additional costs or savings incurred by the Department.

  • Calculations: $4,575,832 Total Cost Savings – $2,376,458 Total Costs = $2,199,3741 Net Cost Savings.

  • Net Cost Savings = Cost Savings– Costs.This final rule generally increases flexibility for the regulated entities by codifying waivers.


More Definitions of Net Cost Savings

Net Cost Savings. ’ means the
Sample 1
Net Cost Savings means, with respect to any Permitted Acquisition, an amount equal to 50% of the cost savings reasonably estimated by the Borrower to be obtained during the 12-month period following such Permitted Acquisition, as a result of such Permitted Acquisition, where
Sample 1
Net Cost Savings means the aggregate value of any decrease in the Concessionaire’s costs reflected on an annual basis directly attributable to an Unforeseen Event, as compared with what the costs would have been absent the occurrence of an Unforeseen Event but excluding any savings in costs taken into account to reduce the Net Cost Impact attributable to such Unforeseen Event.
Sample 1

Related to Net Cost Savings

  • Cost Savings has the meaning assigned to it in the definition of “Consolidated EBITDA”.

  • Pro Forma Cost Savings means, without duplication of any amounts referenced in the definition of “Pro Forma Basis,” an amount equal to the amount of cost savings, operating expense reductions, operating improvements (including the entry into any material contract or arrangement) and acquisition synergies, in each case, projected in good faith to be realized (calculated on a pro forma basis as though such items had been realized on the first day of such period) as a result of actions taken on or prior to, or to be taken by Lead Borrower (or any successor thereto) or any Restricted Subsidiary within 24 months of, the date of such pro forma calculation, net of the amount of actual benefits realized or expected to be realized during such period that are otherwise included in the calculation of Consolidated EBITDA from such action; provided that (a) such cost savings, operating expense reductions, operating improvements and synergies are factually supportable and reasonably identifiable (as determined in good faith by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of Lead Borrower (or any successor thereto)) and are reasonably anticipated to be realized within 24 months after the date of such pro forma calculation and (b) no cost savings, operating expense reductions, operating improvements and synergies shall be added pursuant to this definition to the extent duplicative of any expenses or charges otherwise added to Consolidated Net Income or Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period; provided, further, that the aggregate amount added in respect of the foregoing proviso (or otherwise added to Consolidated Net Income or Consolidated EBITDA) shall no longer be permitted to be added back to the extent the cost savings, operating expense reductions, operating improvements and synergies have not been achieved within 24 months of the action or event giving rise to such cost savings, operating expense reductions, operating improvements and synergies.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Direct Costs means the sum of the following:

  • Tax Savings means the difference between the dollar amount of real property taxes levied in any year on land valued and assessed in accordance with its current agricultural use value and the dollar amount of real property taxes that would have been levied upon such land if it had been valued and assessed for such year in accordance with Section 2 of Article XII, Ohio Constitution.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Total Project Costs means the total amount of money required to complete the Project.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Project Cost means the costs incurred in connection with the

  • Original Project Cost means the capital expenditure incurred by the Generating Company or the Transmission Licensee, as the case may be, within the original scope of the project up to the cut-off date as admitted by the Commission;

  • Allocated Loss Adjustment Expenses or “ALAE” means all court costs and court expenses; pre- and post-judgement interest; fees for service of process; attorneys’ fees; cost of undercover operative and detective services, costs of employing experts; costs for legal transcripts; costs for copies of any public records; costs of depositions and court-reported or recorded statements; costs and expenses of subrogation; and any similar fee, cost or expense reasonably chargeable to the investigation, negotiation, settlement or defense of a loss or a claim or suit against you, or to the protection and perfection of your or our subrogation rights.

  • Total Project Cost means all the funds to complete the effort proposed by the Applicant, including DOE funds (including direct funding of any FFRDC) plus all other funds that will be committed by the Applicant as Cost Sharing.

  • Maximum allowable cost list means a list of drugs for

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Project Costs means all allowable costs, as set forth in the applicable Federal cost principles, incurred by a recipient and the value of the contribu- tions made by third parties in accom- plishing the objectives of the award during the project period.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Loss Adjustment Expense means costs and expenses incurred by the Company in connection with the investigation, appraisal, adjustment, settlement, litigation, defense or appeal of a specific claim or loss, or alleged loss, including but not limited to:

  • Eligible Project Costs means such portion of the Project costs disbursed and loaned from the OPWC to the Recipient for the sole and express purpose of acquiring, constructing, reconstructing, expanding, improving, engineering and equipping the Project, other direct expenses, and related financing costs thereto.

  • Support Cost Rate means the flat rate at which the Partner will be reimbursed by UN Women for its Support Costs, as set forth in the Partner Project Document and not exceeding a rate of 8% or the rate set forth in the Donor Specific Conditions, if that is lower. The flat rate is calculated on the eligible Direct Costs.

  • Recurrent Expenditure means any expenditure on the establishment, conduct, administration and maintenance of the Academy which does not fall within the categories of capital expenditure set out at clause 36. The Secretary of State shall pay two separate and distinct grants in respect of Recurrent Expenditure: General Annual Grant (“GAG”) and Earmarked Annual Grant (“EAG”). Capital Grant

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Floating Profit/Loss in a CFD shall mean current profit/loss on Open Positions calculated at the current Quotes (added any commissions or fees if applicable).