Reasonable benefit definition

Reasonable benefit means a benefit received by a development from a public facility capital improvement that is greater than the benefit afforded the general public in the jurisdiction imposing the impact fees. Incidental benefit to other developments shall not negate a "reasonable" benefit to a development.
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Examples of Reasonable benefit in a sentence

  • NOTE: Reasonable benefit designs (lifetime limits on benefits, limits to usual, customary and reasonable amounts, limits on specific benefits, pre-certification requirements) are not counted toward the out-of-pocket maximum.

  • Reasonable benefit expectations‌ Professional Standard 201: Actuarial Advice to a Life Insurance Company or Friendly Society refers to “reasonable benefits”, which need to be considered in this context.

  • The age is being gradually increased from 55 to 60 as follows: Date of Birth A.2.2. Reasonable Benefit Limits Reasonable benefit limits (RBL) are the maximum amount of employment benefits from retirement or upon termination of employment that an employee can receive at concessional tax rates.

  • From ANZL’s perspective, the key questions in considering a potential GRE are whether it can deliver both:a Sufficient usability (i.e. the GRE can be reliably used to carry out necessary engine testing activity); andb Reasonable benefit in terms of reduced noise experienced by residents (taking into account factors such as cost and the availability/effectiveness of other mitigation options).

  • Share” means a share of common stock, par value $0.001 per share, of the Company (including any new, additional or different stock or securities resulting from any change in corporate capitalization as listed in Section 3.2).

  • The plans recommended by the committee may include cost containment features such as: Utilization review of health care services, including review of medical necessity of hospital and physician services; Case management; Selective contracting with hospitals, physicians and other health care providers; Reasonable benefit differentials applicable to providers that participate or do not participate in arrangements using restricted network provisions; and Other managed care provisions.

  • Energy efficiency measures are generally available through discrete interventions which do not require deep programmatic integration with other environmental objectives to be justifiable and/or effective.

  • The Company’s average monthly churn rate for cable television services declined to 2.1 and 2.2 percent during the 2004 second quarter and first six months of 2004, respectively, compared to 4.5 percent and 4.8 during the 2003 second quarter and first six months of 2003, respectively.Data and Internet revenues increased 43.8 percent to $1.1 million in the 2004 second quarter.

  • A person may be charged with more than one offense and shall be subject to imposition of a fine for each such offense.

  • You can open an HSA and also have insurance for a specific disease or illness, accident, disability, dental care, vision care, and long-term care, and can also be enrolled in Employee Assistance, disease management, drug discount, and wellness programs.NOTE: Reasonable benefit designs (lifetime limits on benefits, limits to usual, customary and reasonable amounts, limits on specific benefits, pre-certification requirements) are not counted toward the out-of-pocket maximum.

Related to Reasonable benefit

  • Reasonable Best Efforts means best efforts, to the extent commercially reasonable.

  • Eligible beneficiary means a resident of this state who:

  • Reasonable Basis means reasonable basis within the meaning of Section 6662(d)(2)(B)(ii)(II) of the Code and the Treasury Regulations promulgated thereunder (or such other level of confidence required by the Code at that time to avoid the imposition of penalties).

  • Reasonable Care means the use of reasonable custodial practices under the applicable circumstances as measured by the custodial practices then prevailing in Russia of International Financial Institutions acting as custodians for their institutional investor clients in Russia.

  • Collateral Agent Fee means the fee payable to the Collateral Agent in arrears on each Quarterly Payment Date in an amount specified in the Collateral Agent Fee Letter.

  • Reasonable payment means, with respect to professional and other technical services, a payment in an amount that is consistent with the amount normally paid for such services in the private sector.

  • Collateral Agents means the Credit Agreement Collateral Agent, the Initial Additional First Lien Collateral Agent and each Additional Collateral Agent.

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • Reasonable in the circumstances means using no more force than is needed.

  • Counsel means a barrister and/or solicitor or a firm of barristers and/or solicitors retained by the Warrant Agent or retained by the Corporation, which may or may not be counsel for the Corporation;

  • Charitable Beneficiary means one (1) or more beneficiaries of the Trust as determined pursuant to Section 5.9(iii)(f), provided that each such organization must be described in Section 501(c)(3) of the Code and contributions to each such organization must be eligible for deduction under each of Sections 170(b)(1)(A), 2055 and 2522 of the Code.

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • Reasonable in these circumstances means ‘using no more force than is needed’. The use of force may involve either passive physical contact, such as standing between pupils or blocking a pupil’s path, or active physical contact such as leading a pupil by the arm out of the classroom. Departmental advice for schools is available here

  • Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

  • Secured Parties means, collectively, the Administrative Agent, the Collateral Agent, the Lenders, the Hedge Banks, the Cash Management Banks, the Supplemental Administrative Agent and each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.01(c).

  • reasonable forecast means a forecast prepared by the Borrower not earlier than twelve months prior to the incurrence of the debt in question, which both the Bank and the Borrower accept as reasonable and as to which the Bank has notified the Borrower of its acceptability, provided that no event has occurred since such notification which has, or may reasonably be expected in the future to have, a material adverse effect on the financial condition or future operating results of the Borrower.

  • Agent Professionals means attorneys, accountants, appraisers, auditors, environmental engineers or consultants, and other professionals and experts retained by the Administrative Agent.

  • Collateral Agent as defined in the preamble hereto.

  • Reasonable access for the purposes of this section means:

  • Collateral Trustee has the meaning set forth in the preamble.

  • U.S. Secured Parties the “Secured Parties” as defined in the U.S. Guarantee and Collateral Agreement.

  • Canadian Secured Parties means the Canadian Administrative Agent, the Canadian Facility Lenders, and the Banking Services Providers and Swap Counterparties who are owed any Canadian Secured Obligations.

  • Reasonable and Customary means, in relation to a charge for Medical Service, such level which does not exceed the general range of charges being charged by the relevant service providers in the locality where the charge is incurred for similar treatment, services or supplies to individuals with similar conditions, e.g. of the same sex and similar Age, for a similar Disability, as reasonably determined by the Company in utmost good faith. The Reasonable and Customary charges shall not in any event exceed the actual charges incurred.

  • Agents means the Administrative Agent and the Collateral Agent.

  • Reasonable Costs means the reasonable actual costs and expenses incurred by us in carrying out any further Audit under this Contract, including, but not limited to, reasonable travel and subsistence costs;

  • Reasonable accommodation means necessary and appropriate modification and adjustments not imposing a disproportionate or undue burden, where needed in a particular case, to ensure to persons with disabilities the enjoyment or exercise on an equal basis with others of all human rights and fundamental freedoms;