Underbillings definition

Underbillings means costs and estimated earnings in excess of ▇▇▇▇▇▇▇▇ on uncompleted contracts.
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Underbillings means costs and estimated earnings in excess of billings on uncompleted contracts. “Working Capital Objection Notice” shall have the meaning set forth in Section 2.07(b).
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Underbillings means, consistent with GAAP, the revenue recognized in excess of amounts paid or payable (contract receivables) to the Companies on uncompleted contracts (contract asset), excluding retainage. Underbillings may be noted on the Companies’ balance sheets as contract assets, costs and estimated earnings in excess of b▇▇▇▇▇▇▇ on uncompleted contracts and/or simply “under billings”.
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Examples of Underbillings in a sentence

  • Not at any time permit the Underbillings with ------------- respect to any project to be greater than $3,000,000.

  • Underbillings means the costs and estimated earnings of the Engineering and ------------- Construction Group in excess of customer ▇▇▇▇▇▇▇▇ on completed and uncompleted contracts.

  • Underbillings Ratio means, as of the last day of any Computation Period, ------------------- the ratio of (a) Underbillings as of the last day of such Computation Period to (b) all revenues booked, with respect to continuing operations in the ordinary course of business, by the Engineering and Construction Group during such Computation Period.

  • The Company shall not permit the Underbillings Ratio to exceed 0.30 to 1 for any fiscal quarter.

  • Not permit the Underbillings Ratio as of the ------------------- last day of any Computation Period to be greater than 5%.

Related to Underbillings

  • Billing involves the provision of appropriate usage data by one Telecommunications Carrier to another to facilitate Customer Billing with attendant acknowledgments and status reports. It also involves the exchange of information between Telecommunications Carriers to process claims and adjustments.

  • Social Engineering Fraud means the intentional misleading of an Employee through the use of a Communication, where such Communication:

  • Encounter means a record of a medically-related service rendered by an AHCCCS-registered provider to a member enrolled with a contractor on the date of service.

  • Service Complaints For service problems or complaints, you should contact your local utility by calling: AEP Ohio at ▇▇▇.▇▇▇.▇▇▇▇. IN THE EVENT OF AN ENERGY-RELATED EMERGENCY, SUCH AS A POWER OUTAGE OR DOWNED POWER LINE, PLEASE VACATE THE AREA BY A SAFE DISTANCE AND CALL YOUR LOCAL UTILITY or 911. Authorization/Representation/Letter of Agency:By entering into this Agreement, you authorize XOOM to act on your behalf under your local utility’s tariffs in accordance with the rules and regulations of the PUCO. You acknowledge that you are your local utility account holder, or a person legally authorized to execute this Agreement on behalf of the account holder for electricity service and are at least eighteen (18) years of age. You agree to authorize XOOM to obtain your credit information and you agree to authorize your local utility to release all information relating to your historical and current electricity usage, billing and payment history to XOOM or its authorized representatives. You acknowledge that XOOM has full authority to make all rates and tariff selections necessary to meet its obligations under this Agreement. You may rescind this authorization at any time by contacting XOOM. Neither your social security number, customer account number nor any other customer financial information will be released by XOOM, except where such release is required by court order or by Commission Order or Rule, without your affirmative written consent. Execution of this Agreement shall constitute authorization for the release of this information to XOOM.

  • Recalibration means the adjustment of all DRG weights to reflect changes in relative resource consumption.