Theater Performance. This category of Performance Measure is assigned a Weighted Percentage of 10% and will be designed to measure both activation of the Theaters and overall utilization of the Theaters. Activation of the Theaters will be measured by the extent to which Operator maintains or increases use of the Theaters on "Performance Days," and utilization of the Theaters will be measured by the extent to which the Theaters have "Occupied Days" during the Fiscal Year. For purposes of this Agreement, "Performance Days" means all days that City and Operator mutually agree (in connection with the approval of the Annual Budget) are both available and suitable for performance of a scheduled theatrical, musical or cultural performance or event (it being understood and agreed that all days that are "available" are not necessarily marketable for performance of public ticketed events). "Performance Days" shall be weighted at 7% of the total Theater Performance weighted measure of 10%. "Occupied Days" means all days that a Theater is utilized under contract and not available for booking for other events. "Occupied Days" shall be weighted at 3% of the total Theater Performance weighted measure of 10%.
Theater Performance. This category of Incentive Fee Measure is assigned a Weighted Incentive Fee Percentage of 10%. Measuring activation of the Theaters, each will measure the subject Theater’s performance during the previous year based on both “Performance Days” and “Occupied Days.” For purposes of this Agreement, “Performance Days” means all days that City and Operator mutually agree (in connection with the approval of the Annual Budget) are both available and suitable for performance of a scheduled theatrical, musical or cultural performance or event (it being understood and agreed that all days that are “available” are not necessarily marketable for performance of public ticketed events). “Performance Days” shall be weighted at 7% of the total Theater Performance weighted measure of 10%. “Occupied Days” means all days that a Theater is utilized under contract and not available for booking for other events. “Occupied Days” shall be weighted at 3% of the total Theater Performance weighted measure of 10%
Theater Performance. T-26492.002\1086141 -13- 133\1100388.5
Theater Performance. (i) This category of Performance Measure is assigned a Weighted Percentage of 10% and will measure both "activation" of the Theaters and overall "utilization" of the Theaters. Activation of the Theaters will be measured by the extent to which TSJ maintains or increases use of the Theaters with respect to “Performances,” and utilization of the theaters will be measured by the extent to which the TSJ maintains or increases the use of the Theaters with respect to “Special Events” during the Fiscal Year.
