Budget Target definition

Budget Target means the specific dollar amount of EBITDA, total Departmental Budget and/or other financial measure(s) established by the Compensation Committee for the Company for a Plan Year.
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Budget Target means the amount of money appropri- ated by the legislature or through the department's budget process to pay for a specific group of services, including anticipated caseload changes or vendor rate increases.
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Budget Target means EBITDA in the amount set forth in the annual budget adopted by the Board for the fiscal year ended March 31, 2005. As used herein, the term "Performance Bonus Target" shall mean EBITDA in the amount set forth in the annual budget adopted by the Board after consultation with Executive for the fiscal year in question.
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Examples of Budget Target in a sentence

  • Likewise, in the event that the Company successfully achieves 200% or more of the approved Budget Target (whether for a, b or c, above), then the Executive shall be entitled 100% of his Base Salary, times one-third (representing equal weight for each category, a, b or c, above).

  • In the event that the Company successfully achieves 150% to 199% of the approved Budget Target (whether for a, b or c, above), then the Executive shall be entitled 75% of his Base Salary, times one-third (representing equal weight for each category, a, b or c, above).

  • In the event that the Company successfully achieves 100% to 149% of the approved Budget Target (whether for a, b or c, above), then the Executive shall be entitled 50% of his Base Salary, times one-third (representing equal weight for each category, a, b or c, above).

  • The Compensation Committee will review the Partnership’s performance results for the designated Plan Year, the Budget Target and Bonus Pool Payout Factor for each Plan Year and thereafter will determine, in consultation with the Chief Executive Officer, whether or not and to what extent to approve the funding of Annual Bonus awards under the Plan.

  • In case less than 80% of the Budget Target is achieved for a specific Bonus Target criteria no bonus amount will be payable for that specific criteria.

  • The achievement of the Budget Target and Stretched Target will be determined each year by comparing the Budget Target and Stretched Target to the actual annual results of the Company.

  • As used herein, the term "Budget Target" shall mean EBITDA in the amount set forth in the annual budget adopted by the Board for the fiscal year ended March 31, 2005.

  • In case 80% or more up to 100% of the Budget Target is achieved for a specific bonus criteria the bonus amount will vary between 20 and 100% of the on-target bonus amount for that specific Bonus Target criteria.

  • In case 100% of Budget Target or more up to 100% of the Stretched Target is achieved for a specific Bonus Target criteria the bonus amount will vary between 100 and 200% of the on-target bonus amount for that specific Bonus Target criteria.

  • Short-term objectives: Raised awareness of the role of the media and issues related to freedom of expression among young people and teachers, thus encouraging education for a culture of peace and supporting freedom of the press (ref.: UNESCO’s Programme and Budget Target countries: ALB, BIH, BUL, HRV, MDA, MKD, ROM, YUG Project location: Relevant HQ Programme Sectors (Communication and Information; Culture), assisted by the UNESCO Office in Sarajevo.

Related to Budget Target

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Budget Period means the fiscal period for which a budget is prepared.

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • KPI Target means the acceptable performance level for a KPI as set out in relation to each KPI;

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").