Interim Targets definition

Interim Targets means that on the Interim Target Date (i) the Issuer shall have acquired Long Assets with an Aggregate Principal/Notional Balance of at least 85% of the Required Amount, (ii) all such Long Assets satisfy the Eligibility Criteria, and (iii) the Collateral Quality Tests are satisfied.
View Source
Interim Targets. The meaning specified in Section 7.18(a).
View Source
Interim Targets means with respect to the date 90 days after the Closing Date (the "Interim Target Date"), the portfolio of Collateral Debt Obligations meeting the following requirements: (i) an Aggregate Collateral Debt Obligation Principal Balance equal to or greater than U.S.$230,000,000 (determined after giving effect to the consummation of any agreements to purchase), (ii) a Diversity Score equal to or greater than 42, (iii) a Moody's Average Recovery Rate equal to or greater than 44%, (iv) a Weighted Average Spread equal to or greater than 2.40% and (v) a Moody's Average Portfolio Rating equal to or less than 2300.
View Source

Examples of Interim Targets in a sentence

  • Products returned to CryoCath for reason other than Product defect shall not count towards the fulfillment of Agent's relevant Sales Commitment or Interim Targets .

  • Any amounts earned shall be paid out by the Company no later than (x) March 15, 2014, in the case of achievement of the Interim Targets and (y) March 15, 2015, in the case of achievement of the 2014 Targets, and, in all events, payment shall be subject to your employment with the Company through the applicable payment date.

  • The Interim Targets and the 2014 Performance Targets shall be agreed by the Company and you no later than March 31, 2012 and shall be subject to approval of the Expedia Compensation Committee or the TripAdvisor Compensation Committee, as the case may be.

  • For the avoidance of doubt, the Issuer shall have no obligation to satisfy the Interim Targets following the Effective Date.

  • For the avoidance of doubt, the Issuer shall have no obligation to satisfy the First Interim Targets and/or the Second Interim Targets following the Effective Date.


More Definitions of Interim Targets

Interim Targets. ’ means, with respect to the Initial Effective Date, the measures set forth opposite the applicable Interim Target categories in the table below:
View Source

Related to Interim Targets

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

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

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

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.