Minimum Production Requirement Sample Clauses

Minimum Production Requirement. The Participating Contractor is required to report, annually, a minimum of twelve (12) completed projects, and/or at least $48,000 in completed, eligible work. Following the execution of this Agreement, Contractor performance will be evaluated at 6 months. Contractors not on pace to meet minimum production requirements will be required to work with their account manager and submit a work plan for meeting Program production requirements. A Participating Contractor that fails to meet the production requirement one year after the execution of this Agreement will be placed on probation for a period of 90 days. During that time the Participating Contractor will be required to meet the annual production requirement or report a minimum of three (3) completed projects, averaging at least $4,000, to the Program. If a Participating Contractor fails to meet the project completion requirement during the probationary period, their participation in the Program will be subject to termination. Refer to Section 10.01 for additional information about Program disciplinary designations.
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Minimum Production Requirement. EFP understands and agrees that achievement of the minimum product production requirements, set forth in Exhibit B, is the essence of this Agreement and that if EFP fails to meet such requirements, Distributor shall have the right to terminate this Agreement pursuant to Section 9.2 hereof with no liability to Distributor.
Minimum Production Requirement. The Provider is required to generate an average of five (5) completed Ratings per month on a rolling three (3) month basis. Following the execution of this Agreement, the Provider’s performance will be evaluated at three (3) month intervals. Providers not on pace to meet minimum production requirements will be required to work with NYSERDA and submit a work plan for meeting Pilot production requirements. Production and progress on the work plan steps will be evaluated monthly.If a Provider fails to meet the production requirements for 6 months, their participation in the Pilot may be subject to termination.
Minimum Production Requirement. While this agreement remains in effect, the Producer will be required to produce for PacificSource the minimum amount of sales and renewals, as determined by PacificSource, to qualify for reappointment for the next contract year. If the Producer fails to meet the annual minimum production requirement, PacificSource may, at its option, refuse to reappoint the Producer for the next contract year. If a decision is made to not reappoint a Producer, PacificSource will notify the Producer by email. There will be no commissions due the Producer after the expiration of their appointment for any payments made to PacificSource by a policyholder if PacificSource elects not to renew the appointment of the Producer. • At the end of the first year of appointment, each appointed producer must have a minimum of five (5) active and current holders of Medicare Advantage contracts. • After the first year, each appointed producer must produce an annual minimum of ten (10) new Medicare Advantage contracts per year.
Minimum Production Requirement. Holding Co.'s marketing subsidiary shall produce at least $2,000,000 in new insurance premium each calendar year. For the purposes of this Paragraph 4.9, new insurance premium shall mean the aggregate life insurance premiums payable during the first year a policy or contract of insurance is in effect, exclusive of (i) lump-sum cash deposits in excess of published premium rates, (ii) premiums for flexible premium life insurance contracts in excess of control premiums, and (iii) premiums for single pay contracts.
Minimum Production Requirement. If Borrower shall fail to achieve the minimum production requirements as stated in Paragraph 4.9.
Minimum Production Requirement. The Provider is required to generate an average of five (5) completed Ratings per month on a rolling three (3) month basis. Following the execution of this Agreement, the Provider’s performance will be evaluated at three (3) month intervals. Providers not on pace to meet minimum production requirements will be required to work with NYSERDA and submit a work plan for meeting Pilot production requirements. A Provider that fails to meet the production requirement six (6) months after the execution of this Agreement will be placed on probation for a period of 60 days. During each month of probation, the Provider will be required to meet the monthly production requirement. If a Provider fails to meet the production requirement during the probationary period, their participation in the Pilot will be subject to termination. Refer to Section 9.01 for additional information about probation and termination designations.
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Related to Minimum Production Requirement

  • Construction Requirements a) All Life and Safety and applicable Building Codes will be strictly enforced (i.e., tempered glass, fire dampers, exit signs, smoke detectors, alarms, etc.). Prior coordination with the Building Manager is required.

  • Minimum Requirements Consultant shall, at its expense, procure and maintain for the duration of the Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with the performance of the Agreement by the Consultant, its agents, representatives, employees or subconsultants. Consultant shall also require all of its subconsultants to procure and maintain the same insurance for the duration of the Agreement. Such insurance shall meet at least the following minimum levels of coverage:

  • Quality Requirements Performance Indicator Heading Indicator (specific) Threshold Method of Measurement Frequency of monitoring Consequence of Breach QUALITY Patient Safety - Incidents I1 Number of incidents Adverse incidents include the following: clinical or non clinical adverse events that have potential to cause avoidable harm to a patient, including medical errors or adverse events related to medical devices or other equipment. Clinical or non- clinical accidents, accidental injuries to staff and members of the public, verbal, physical or psychological abuse or harassment, unusual or dangerous occurrences, damage to trust property, plant or equipment, fire or flood, security, theft or loss, near misses are identified as any event where under different circumstances significant injury or loss may have occurred Number of recorded incidents in the contract month Monthly Remedial Action Plan brought to Performance Meeting following breach; action under Module C Clause 32 if needed I2 Number of Sis Definition of SUI according to trust policy and national guidance Number of Serious Untoward Incidents reported in contract month Monthly Remedial Action Plan brought to Performance Meeting following breach; action under Module C Clause 32 if needed S1 Percentage of eligible staff received child safeguarding training at level 2 (as identified in LSCB training strategy) 95% Number received training/ Number of identified staff requiring training Monthly S2 Percentage of eligible staff received adult safeguarding awareness training at level 2 ( as identified in K&M Safeguarding Vulnerable Adults training strategy) 95% Number of staff trained/ Number of identified staff requiring training Monthly

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