material benefit definition

material benefit means a benefit which may not be financial but has a monetary value;
material benefit means a benefit, direct or indirect, which may not be financial but has a monetary value;
material benefit means money, consideration, gain, gift or other benefit or advantage whatsoever (to include but not limited to provision of accommodation whether residential or otherwise, or payment of or contribution to rent, reimbursement or discharge of loans, whether student or otherwise, provision of a vehicle for the Player’s use) promised or given to a Player or any Third Party, directly or indirectly or in a fiduciary capacity on behalf of such Player, whether in cash, in kind or otherwise, by a Club or any Third Party for having participated in or undertaken or agreed to participate in any game of Rugby Football (including, for the avoidance of doubt, any win or performance related bonus), but does not include:-

Examples of material benefit in a sentence

  • All Material Benefit Plans that are Foreign Benefit Plans (a) have been maintained in all material respects in accordance with all applicable requirements, (b) if they are intended to qualify for special Tax treatment, meet all requirements for such treatment, and (c) if they are intended to be funded and/or book-reserved, are funded and/or book reserved, as appropriate, based upon actuarial assumptions that are reasonable in the aggregate.

  • Schedule 4.12 also indicates each Benefit Plan which is an "employee pension benefit plan" within the meaning of Section 3(2) of ERISA (a "Pension Plan") or under which the remaining contribution obligations of the Company exceed $100,000 (collectively, the "Material Benefit Plans").

  • Each of the three Material Benefit events listed in Schedule 4.5 is comprised of a development event followed by the occurrence of a further event (e.g., regulatory approval – see Schedule 4.5 for details).

  • The purpose of this form is to document that a potential for Material Benefit has been identified which shall, if the other required event also occurs, result in the achievement of a Material Benefit, subject to and in accordance with the terms of Section 4.5. Nothing in this form is intended to, or does, modify any of the terms in the Agreement relating to the determination of if or when a Material Benefit is achieved.

  • If, in connection with a GSK Independent Program other than a GSK Unilateral Program, GSK accesses the 23andMe Databases or the 23andMe Data Mining Technologies for Validation Activities in connection with a Target other than an Identified Target or Collaboration Target, the JRC will, if applicable, complete the form attached hereto as Schedule 4.5-A with respect to any identified potential for Material Benefit and provide such completed form to the JSC for review and approval.


More Definitions of material benefit

material benefit means a benefit which may not be financial but has a monetary value 'member' and 'membership' refer to membership of the Charity
material benefit means a benefit which may not be financial but has a
material benefit means a right or interest of any description in any property, whether heritable or moveable and whether corporeal or incorporeal.
material benefit means a benefit (whether direct or indirect) which may or may not be financial but which has a monetary value;
material benefit means a benefit, direct or indirect, which may not be
material benefit means a benefit which may or may not be financial but which has a monetary value;
material benefit means appliances received by the functionary or workers of the organization, his\her close relatives, spouse, adoptive parents, adopted children as a result of use by them the organization of information concerning investment of means of pension accruals which is at the disposal over means which are due to them under the employment and civil contracts signed with the organization, and also any appliances received by the organization as a result of transactions or other transactions with means of pension savings over means which are due to it for performance of works and (or) rendering services in the agreements signed by the organization with clients.