Net Benefits definition

Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies.

Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies for all surrenders, withdrawals (full and partial), death benefits, annuitizations, and payments on supplemental contracts, net of Excluded Liabilities.

Net Benefits means the present value of benefits less the present value of costs as defined in the cost-effectiveness test.

Examples of Net Benefits in a sentence

• Effective as of the Effective Date, the Company hereby recaptures from the Reinsurer one hundred percent (100%) of the Net Benefits (as such term is defined in the Reinsurance Agreement) arising under the policies set forth on Exhibit A hereto, whether arising before, on or after the Effective Date (the "Recaptured Business").

• One-hundred percent (100%) of the Net Benefits, under all Policies will be reinsured with ALLSTATE.

• The Reinsurer shall be liable for the Net Benefits associated with recapture amounts, as well as for other claims as specified in Article IV, for Extra-Contractual Obligations, each as incurred prior to the effective date of the recapture.

• As a basis for the Net Benefits Study, the Joint Petitioners used the methodology employed in the net benefits study conducted in D.T.E. 99-19 (“D.T.E. 99-19 study”) to identify and quantify savings in the years following the merger between BEC Energy and Commonwealth Energy Systems (“BEC-CES Merger”) (Exh.

• Headwaters, at its sole cost and expense, either directly or through its authorized representative, shall have the right, upon reasonable advance notice and during normal business hours, to inspect the books and records of Square D, AJG, and Xxxxxxxx Xx. 0, XX with respect to the Net Benefits received by Square D and AJG with respect to the Utah 1 Facility.

More Definitions of Net Benefits

Net Benefits means the incremental benefits resulting from DSM minus the incremental costs of DSM.

Net Benefits shall have the meaning set forth in Article III of this Agreement.

Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies for all death benefits and payments on supplemental benefits, net of Excluded Liabilities.

Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies for all surrenders, withdrawals (full and partial), death benefits, annuitizations, payments on supplemental contracts, endowment benefits, disability benefits, and benefits under accident and health policies, net of Excluded Liabilities.

Net Benefits means the actual amounts paid or incurred by the Ceding Company with respect to the Policies for all surrenders, withdrawals (full and partial), death benefits, annuitizations, payments on supplemental contracts, endowment benefits, and disability benefits, net of Excluded Liabilities.

Net Benefits means indirect and direct benefits less indirect and direct costs.

Net Benefits means that, for each party thereto, the benefits derived from an arrangemen: exceed its costs. Receipt of compensation which covers Licensee's costs,