Savings Period definition

Savings Period means the period during which a Participant is to make savings under a the Savings Contract;

Savings Period means the savings period designated by the Committee; provided that each period shall in no event end later than: (i) five (5) years from the date the Section 423 Option is granted if the Purchase Price is to be not less than eighty-five percent (85%) of the Fair Market Value of the Shares on the Exercise Date; or (ii) otherwise, twenty-seven (27) months from the Date of Grant.

Savings Period means the period over which the Participant commits to making savings contributions under the Savings Contract starting at the beginning of the first day of the month for which the first contribution is due and ending on the last day of the month for which the final contribution is due

Examples of Savings Period in a sentence

• Each Eligible Employee will be required to specify the Contribution that they wish to make to the Plan for the duration of the Savings Period.

• It may be necessary to terminate the Savings Period and the Holding Period early for some or all Participants in a particular Participating Jurisdiction should any tax, regulatory, operational or legal obstacles arise which impact or may affect the feasibility of operating the Plan in that relevant Participating Jurisdiction during the Plan Cycle.

• In circumstances requiring Contributions and the corresponding acquisition of Purchased Shares to be suspended for a period ending before the end of the Savings Period and Holding Period respectively, the Company may determine that Contributions will resume as soon as practicable after the obstacle has been overcome.

• If the event does not occur then rule 13.3.1 will not apply and the Savings Period and Holding Period will continue in respect of both Purchased Shares and Matching Share Awards.

• At the end of the Enrolment Period, the aggregate Contributions in Euros to be made by Participants will be calculated for the relevant Savings Period and for this purpose the same exchange rates as described in rule 2.2.5 (the original exchange rate) will be applied to convert Contributions to be made in another currency to Euros.

More Definitions of Savings Period

Savings Period means (i) with respect to the first 109,000 rentable square feet of Savings Space, the period commencing for each portion of such Savings Space as of the Start Date or the Exercise Date applicable to such Savings Space and expiring on the third (3rd) anniversary of the Effective Date, and (ii) with respect to the balance of the Savings Space (i.e., the second 109,000 rentable square feet of Savings Space), the period commencing for each portion of such Savings Space as of the Start Date or the Exercise Date applicable to such Savings Space and expiring on the fourth (4th) anniversary of the Effective Date.

Savings Period means the savings period designated by the Committee; provided that each period shall in no event end later than: (i) five (5) years from the date the Section 423 Option is granted if the Purchase Price is to be not less than eighty-five percent (85%) of the Fair Market Value of the Shares on the Exercise Date; or (ii) otherwise, twenty-seven (27) months from the Date of Grant. (q) “Option Price” means the price designated by the Committee, at which each Share may be purchased under any Section 423 Option, but in no event less than eighty-five percent (85%) of the lesser of: (i) The Grant Price, as defined in Rule 15(1)(l); and (ii) The Exercise Date Price, as defined in Rule 15(1)(o) (r) “Trading Day” means “Dealing Day” (a day on which The London Stock Exchange is open for the transaction of business).

Savings Period means either: (i) the period between the Equivalent Capacity Benchmark Date and the Initial Equivalent Capacity Confirmation Date or (ii) the twelve month period that is immediately prior to any Equivalent Capacity Confirmation Date.

Savings Period has the meaning assigned to it in the definition of “Fixed Charge Coverage Ratio”.

Savings Period means the period specified in the Savings Terms during which the regular payments are made to the account opened in the name of the Trustee with the Bank;

Savings Period means the time that a TennCare MCO in the PFS program is realizing cost prevention savings derived from the program's service, and is spending less than budgeted on planned TennCare expenses from opioid- affected births and their related expenses; and

Savings Period means the period (not exceeding 27 months or such other maximum as may be prescribed by the Code from time to time) determined by the Board over which an Eligible Employee may make Contributions under a Savings Contract;