Growth Incentive Period definition

Growth Incentive Period means the Financial Year during the Term.
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Growth Incentive Period means each Financial Year during the Term, except if the Expiry Date of this Agreement is:
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Examples of Growth Incentive Period in a sentence

  • The actual Growth Incentive payable to the Supplier will then be the excess of the possible Growth Incentive over any New Milk Incentive already paid to the Supplier over the Growth Incentive Period.

  • If you qualify for a top-up payment with respect to the Growth Incentive at the end of each Growth Incentive Period because the amount of the Growth Incentive exceeds the New Milk Incentive paid to you during the Growth Incentive Period, it will be calculated in accordance with, and at the rates identified below.

  • The Growth Incentive will then be calculated as a pro rata proportion of the Total Annual Milk that was supplied to Bega during the applicable Growth Incentive Period.

  • Note: If you commence supplying Bega part way through a Financial Year, then the possible Growth Incentive will be calculated based on: • your Prior Deemed Milk Supply as set out in Item 12 of the Details; and • the Milk Solids in Milk accepted by Bega during the applicable Growth Incentive Period, (Total Annual Milk).

Related to Growth Incentive Period

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.