FCF Margin definition

FCF Margin means the Company’s net cash flow provided by operating activities less capital expenditures for the Performance Period, expressed as a percentage of the Company’s net sales for the Performance Period. Discretionary Pension Contributions by the Company during the Performance Period are not included in the calculation of FCF Margin. Notwithstanding the foregoing, the Committee may specify in the Payout Formula for any Award Opportunity that FCF Margin shall be determined by including or excluding any items specified by the Committee, including but not limited to discontinued operations, expenses for restructuring or productivity initiatives, or extraordinary, unusual, non-recurring or special items.
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Examples of FCF Margin in a sentence

  • FY2013 FCF Margin of 21% is more than 4x that of industry average.

  • Following the end of each Performance Period, the Committee shall certify in writing (i) the level of achievement of FCF Margin for the Performance Period, (ii) the amount of the Award Opportunity, if any, earned by each Eligible Executive for the Performance Period pursuant to the applicable Payout Formula, and (iii) the amount of the Short-Term Incentive Bonus payable, if any, to each Eligible Executive under this Plan for the Performance Period.

  • Following the end of each Performance Period, the Committee shall determine (i) the level of achievement of FCF Margin for the Performance Period, (ii) the amount of the Award Opportunity, if any, earned by each Eligible Executive for the Performance Period pursuant to the applicable Payout Formula, and (iii) the amount of the bonus payable, if any, to each Eligible Executive under this Plan for the Performance Period.

  • As part of the strategic shift introduced in fiscal 2012, Gold Fields moved away from the then prevalent industry production growth philosophy of “ounces for the sake of ounces” to a philosophy of growing FCF Margin and improving free cash flow per ounce.

  • Gold Fields’ overarching strategic objective of generating a 15% FCF Margin at a gold price of U.S.$1,300/oz has become the core commercial driver and guiding principle underpinning Gold Fields’ activities, from exploration to production.

  • And we are seeding investments in New Energy to innovate at scale and build a diverse portfolio of businesses suited for different energy transition scenarios and time horizons.With this strategy in place, we are positioned for both growth and returns, and we remain committed to achieving double-digit EBITDA, CAGR, ROCE, and FCF Margin through 2025.As we move forward on the path toward the energy transition, we do so with a clear roadmap for how we will execute our strategy.

  • Conversely, when prices trade below U.S.$1,300/oz, as has been the case since fiscal 2012, management expects that the inclusion of the 15% FCF Margin provides Gold Fields with a safety cushion to Gold Fields’ cash break-even level of approximately U.S.$1,050/oz.

  • When the gold price trades above U.S.$1,300/oz, management expects that the FCF Margin will grow commensurately.

Related to FCF Margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • ABR Margin as defined in subsection 2.21.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Retail margin means an amount, reflecting differences in

  • Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable ABR Margin means, at any date:

  • Necessary Margin for CFD trading shall mean the necessary margin required by the Company so as to maintain Open Positions.

  • Applicable LIBOR Margin means the per annum interest rate from time to time in effect and payable in addition to the LIBOR Rate applicable to the Revolving Loan, as determined by reference to Section 1.5(a).

  • Applicable Margins means collectively the Applicable L/C Margin, the Applicable Unused Line Fee Margin, the Applicable Revolver Index Margin and the Applicable Revolver LIBOR Margin.

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Reset Margin means the margin specified in the applicable Final Terms;

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Prime Rate Margin is one-half of one percent (0.50%).”

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Applicable Eurodollar Margin means, as at any date of determination, the rate per annum then applicable to Eurodollar Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.