Performance Target. The number of units that must be leased on December 1st of each year in order to maximize the Baseline Renewal Number for the following twelve-month period (December 1st to November 30th). This number is calculated by taking the sum of the Baseline Renewal Number plus the Renewal Unit Number, and multiplying it by the applicable performance percentage: a. 2012, 2013: 90% b. 2014, 2015: 92%
Appears in 4 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
Performance Target. The number of units that must be leased on December 1st of each year in order to maximize the Baseline Renewal Number for the following twelve-month period (December 1st to November 30th). This number is calculated by taking the sum of the Baseline Renewal Number plus the Renewal Unit Number, and multiplying it by the applicable performance percentage: a. 2012, 2013: 90% b. 2014, 2015: 92% c. 2016, 2017, 2018: 95%
Appears in 1 contract
Samples: Settlement Agreement
