Examples of Benchmark Performance in a sentence
In case of infringements that disrupt the regular operational process of the event or jeopardize the safety of other participants, the organizer has the right to exclude or disqualify the respective participant.
Hurdle NAVPS means the greater of (i) the High Water Mark per Share, or (ii) the High Water Mark per Share multiplied by the sum of (A) 100% and (B) the Benchmark Performance.
In respect of a Performance Period, the Benchmark Performance is defined as set out below: Benchmark Index means the difference between the level of theBenchmark at the beginning of the Performance Period and at the end of the Performance Period, expressed as a percentage.
In case of a negative spread between the Performance and the Benchmark Performance (the “ Negative Performance”) during a Crystallisation Period, no Performance Fee shall be due in respect to such Reference Period and 100% of the Negative Performance shall be carried forward (the “Negative Bonus”) to the following Crystallisation Period (the “Subsequent Crystallisation Period”).
The Benchmark Performance means the average of the simple rates of return of (i) the S&P/TSX Oil & Gas Exploration & Production Subgroup Index; (ii) the S&P/TSX Diversified Metals & Mining Subgroup Index; (iii) S&P/TSX Gold Subgroup Index; and (iv) the S&P/TSX Composite Index, during the period since a performance fee for the relevant series was last payable (or in respect of the first instance in which a performance fee may be payable, since inception of the Fund).
Source: TVA Benchmark Performance provided by Environment and Technology personnel.
As a worked example, assuming an initial Value of the Portfolio of $330,000,000 at 1 July 2016, and nil performance on the Portfolio each month, the Management Fee payable on the Portfolio for the 12 month period 1 July 2016 to 30 June 2017 would be approximately $3,630,000 (plus GST).Performance FeeThe Manager is entitled to be paid by the Company a fee equal to 15% (plus GST) of the Portfolio’s outperformance relative to the Benchmark (Performance Fee).
The ICP P4P Program measures Benchmark Performance and Improvement Performance.
This report focuses on the Benchmark Performance Indicators underpinned by the key and local performance indicators to illustrate and inform as required.
You may use the attached Benchmark Performance standards to describe general parameters of the standards, but must augment those benchmarks with specific, measurable criteria such as quality, quantity, timeliness and/or cost effectiveness, for the “Fully Successful” level for each element.