Sentences with phrase «only the money derived»
Not exact matches
According to the Howey test, an instrument is only an investment contract if it involves an investment of money or other tangible or definable consideration in a common enterprise with a reasonable expectation of profits to be derived primarily from the entrepreneurial or managerial efforts of others.
http://www.securitiesglossary.com/
The recommendations we've seen derived from the report not only appear to be ill - considered, but implementation likely will not actually save any money!
«Gross Revenues» means the total monies received by Grantee from a utility company or other power purchaser (provided, however, that if electricity is sold to a subsidiary or affiliate of Grantee, then, and only then, the gross receipts from the sale of electricity under such contract shall be calculated using a sale of not less than the arithmetical average of the prices quoted by market sources of information, which information may be based upon the price paid by any purchaser or purchasers, including Grantee or any subsidiary or affiliate of Grantee, for electricity produced in the Iowa region of the Midwest Independent System Operator («MISO») from operation of wind turbines during the calendar year immediate!y preceding the year in which such electricity production from the Wind Energy Project occurs, taking into account the aggregate terms associated with such transaction) derived from the sale of electric energy and capacity produced and sold from the WTG's installed on the Premises, net of proportional energy losses associated with the power collection system or utility interconnection.
The recommendations we've seen derived from the report not only appear to be ill - considered, but implementation likely will not actually save any money!