Material Benefits definition

Material Benefits shall have the meaning set forth in Section 7.13. -----------------
Material Benefits means money, consideration, gifts or any other benefitswhatsoever contracted, promised or given to a person or at his direction, but does not include reimbursement of proper expenses incurred for reasonable travel, accommodation, subsistence or other expenses incurred in relation to playing the game, together with any other definition or interpretation of “material benefit” as may be applied by HMRC from time to time;
Material Benefits means the provision of goods or services, not money (eg administrative services, hospitality, gifts).

Examples of Material Benefits in a sentence

  • All expenses and other Material Benefits paid to Players during the past season and which are due to be paid in the forthcoming season have been approved by the Club membership in Annual General Meeting.

  • Material Benefits may be confiscated from the person to whom it has been transferred without compensation or with compensation that does not correspond to the real value, if such person knew or should have known that the material benefit was acquired by the commission of a criminal offense.

  • Table of Contents CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS Material Benefits to Related Parties Upon the completion of this offering and the contribution transactions, our executive officers, directors and director nominees will have received material financial and other benefits, as described below.

  • Material Benefits We do not provide or withhold material benefits to you (including renewal rights or the right to open new businesses) based on whether you purchase through the sources we designate or approve.

  • In the interior of Serbia the supply of goods was in shortage and the number of shops with certain products was deficient.

  • Where the aggregate value of Benefits provided to a player in any 12 month period exceeds (or is reasonably expected to exceed) £12,000 then that player shall be regarded as being in receipt of Material Benefits.

  • Players in receipt of Material Benefit(s) shall be regarded as being “Scottish Contract Players”.

  • Doing this leaves the patient with full contact lens benefits towards the materials (boxes), instead of deducting the Contact Lens Evaluation Fee from the Contact Lens Allowance, or the option to use Material Benefits towards frames and/or lenses.

  • Prior to the date hereof, the Company has provided to Parent a true, correct and complete copy of each Material Benefits Contract.

  • On request by Scottish Rugby, the Club must provide Scottish Rugby with details of all Material Benefits that the Club (or anyone associated with the Club) have provided or are providing to their players, coaches, staff or club officials.


More Definitions of Material Benefits

Material Benefits means a sum of money paid by a party that uses a phonogram or video recording to its producer or by a party that uses a broadcast to the broadcasting organization.
Material Benefits means the provision of goods or services–not money (eg administrative services, hospitality, gifts).
Material Benefits means a benefit which may not be financial but has a monetary value

Related to Material Benefits

  • material benefit means a benefit which may not be financial but has a monetary value;

  • Medical Benefits means medical, optical, or dental benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits.

  • Medical Benefits Schedule means the Medicare Schedule of Benefits produced by the Department of Health to which all fees and benefits relate for inpatient hospital services.

  • Welfare Benefits means the types of benefits described in Section 3(1) of ERISA (whether or not covered by ERISA).

  • Special benefit means a particular and distinct benefit over and above general benefits conferred on real property located in the district or to the public at large. General enhancement of property value does not constitute “special benefit.”

  • Gap medical benefits means the benefits (if any) payable in respect of medical expenses that are less than, greater than or equal to the schedule fee, provided always that the medical expenses relate to a professional service that:

  • Termination Benefits means the benefits described in Section 4.1(b).

  • Additional Benefits means quantifiable and verifiable enhancement of conservation of biodiversity and/or improvement of local livelihoods realized as a result of implementation of the REDD activities;

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Separation Benefits has the meaning accorded such term in Section 3.04.

  • Health and Welfare Benefits means any form of insurance or similar benefit programs, which may include but not be limited to, medical, hospitalization, surgical, prescription drug, dental, optical, psychiatric, life, or long-term disability.

  • Change in Control Benefits means the following benefits:

  • Benefits as defined in Section 3.1(b).

  • Termination Compensation means a monthly cash amount equal to one-twelfth ( 1/12th) of the highest amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-qualified stock options or other stock based benefits).

  • Compensation and Benefit Plans has the meaning set forth in Section 5.03(m).

  • Company Benefit Plans has the meaning set forth in Section 3.16(a).

  • Employment benefits means all benefits provided or made

  • Mutual Benefits means the transient and steady-state support that the integrated generation and Transmission Systems in PJM and New York provide to each other inherently by virtue of being interconnected as described in Section 35.4 of this Agreement.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • Severance Pay means any amount that is payable in cash and is identified by a Participating Company as severance pay, or any amount which is payable on account of periods beginning after the last date on which an employee (or former employee) is required to report for work for a Participating Company.

  • Company Benefit Plan has the meaning specified in Section 4.13(a).

  • Company Employee Agreement means any management, employment, severance, change in control, transaction bonus, consulting, repatriation or expatriation agreement or other contract between any Group Company and any current or former employee, director or officer of such Group Company.

  • Parent Benefit Plans has the meaning set forth in Section 5.07(b).

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.

  • Severance means the complete separation and dismemberment of the part from the body.