Line of Business Financial Threshold definition

Line of Business Financial Threshold means the financial threshold set forth below: for the following Lines of Business based on the Firm’s management reporting system: Asset & Wealth Management Annual negative pre-tax pre-provision income1 Card and Auto Annual negative pre-tax pre-loan loss reserve income2 Commercial Banking Annual negative pre-tax pre-loan loss reserve income2 Corporate Investment Bank Annual negative pre-tax pre-provision income1 for CIB overall or annual negative allocated product revenues (excluding XVA) for: • Fixed Income • Equities • Securities Services • Global Investment Banking • Payments Consumer Banking, X.X. Xxxxxx Wealth Management and Business Banking Annual negative pre-tax pre-loan loss reserve income2 Corporate Functions (including Chief Investment Office) Annual negative pre-tax pre-provision income1 at the Firm level Home Lending Annual negative pre-tax pre-loan loss reserve income2 1Pre-tax pre-provision income means Revenue less Expenses 2Pre-tax pre-loan loss reserve income means Revenue less (Expenses plus Net Charge-offs)
Sample 1
Line of Business Financial Threshold means the financial threshold set forth below for the following Lines of Business based on the Firm’s management reporting system: Asset & Wealth Management Annual negative pre-tax, pre-provision income1 Card, Merchant Services and Auto Annual negative pre-tax, pre-loan loss reserve income2 Commercial Banking Annual negative pre-tax pre-loan loss reserve income2 Corporate Investment Bank Annual negative pre-tax, pre-provision income1 for CIB overall and/or annual negative allocated product revenues (excluding CVA and DVA) for: Ÿ Macro products: Ø Currency and Emerging Markets Ø Rates Ø CommoditiesŸ Spread Products Ø Credit Ø SPG Ø Public FinanceŸ EquitiesŸ Custody and Fund ServiceŸ Global Banking Consumer Banking, CWM and Business Banking Annual negative pre-tax, pre-loan loss reserve income2 Corporate Functions (including Chief Investment Office) Annual negative pre-tax, pre-provision net income1at the Firm level Home Lending Annual negative pre-tax, pre-loan loss reserve income2 1Pre-tax pre-provision income means Revenue less Expenses2Pre-tax pre-loan loss reserve income means Revenue less (Expenses plus Net Charge-offs)
Sample 1
Line of Business Financial Threshold means the financial threshold set forth below: for the following units: Asset Management Annual negative pre-provision net income Card Services Annual negative pre-tax, pre-loan loss reserve income Commercial Bank Annual negative pre-provision net income including loan charge-offs Corporate & Investment Bank Annual negative pre-provision net income for CIB overall and/or annual negative allocated product revenues (excluding DVA) for: • Global FX, Global Rates, Rates Exotics & Hybrids, Public Finance • Securitized Products • Credit Trading and Syndicate, Credit Exotics & Hybrids • Global Emerging Markets, GSOG • Commodities • Equities • Global Banking Consumer Banking Business Annual negative pre-provision net income Corporate Functions (including Chief Investment Office) Annual negative pre-provision net income reported at the Firm level Home Lending Annual negative pre-provision net income excluding losses from liquidating portfolios and MSR Trading
Sample 1

Examples of Line of Business Financial Threshold in a sentence

  • If for any calendar year ending during the vesting period, a Line of Business in which you are employed on the grant date or during the vesting period does not meet its Line of Business Financial Threshold, then up to 50% of the restricted stock units outstanding under this award and scheduled to vest on January 13, 2015 may be cancelled, if the Review Committee determines that cancellation is appropriate in light of the facts and circumstances that led to the financial results.


More Definitions of Line of Business Financial Threshold

Line of Business Financial Threshold means the financial threshold set forth below: for the following Lines of Business based on the Firm’s management reporting system: Asset & Wealth Management Annual negative pre-tax pre-provision income1 Card, Merchant Services and Auto Annual negative pre-tax pre-loan loss reserve income2 Commercial Banking Annual negative pre-tax, pre-loan loss reserve income2 Corporate Investment Bank Annual negative pre-tax pre-provision income1 for CIB overall and/or annual negative allocated product revenues (excluding CVA and DVA) for: • Macro Products: • Currency and Emerging Markets • Rates • Commodities • Spread Products • Credit • SPG • Public Finance • Equities & Prime Services • Custody and Fund Services • Global Banking Consumer Banking, CWM and Business Banking Annual negative pre-tax pre-loan loss reserve income2 Corporate Functions (including Chief Investment Office) Annual negative pre-tax pre-provision income1 at the Firm level Home Lending Annual negative pre-tax pre-loan loss reserve income2 1 Pre-tax pre-provision income means Revenue less Expenses 2 Pre-tax pre-loan loss reserve income means Revenue less (Expenses plus Net Charge-offs)
Sample 1Sample 2
Line of Business Financial Threshold means the financial threshold set forth below for the following Lines of Business based on the Firm’s management reporting system: Asset & Wealth Management Annual negative pre-tax pre-provision income1 Card, Merchant Services and Auto Annual negative pre-tax pre-loan loss reserve income2 Commercial Banking Annual negative pre-tax, pre-loan loss reserve income2 Corporate Investment Bank Annual negative pre-tax pre-provision income1 for CIB overall and/or annual negative allocated product revenues (excluding CVA and DVA) for: Macro Products: Currency and Emerging Markets Rates Commodities Spread Products Credit SPG Public Finance Equities Securities Services Global Banking Consumer Banking, CWM and Business Banking Annual negative pre-tax pre-loan loss reserve income2 Corporate Functions (including Chief Investment Office) Annual negative pre-tax pre-provision income1 at the Firm level Home Lending Annual negative pre-tax pre-loan loss reserve income2 1Pre-tax pre-provision income means Revenue less Expenses2Pre-tax pre-loan loss reserve income means Revenue less (Expenses plus Net Charge-offs)
Sample 1
Line of Business Financial Threshold means the financial threshold set forth below: for the following units: Asset Management Annual negative pre-provision net income Card Services Annual negative pre-tax, pre-loan loss reserve income Commercial Bank Annual negative pre-provision net income including loan charge-offs Chief Investment Office Annual trading loss in the mark-to-market portfolios in excess of $1.5bn Corporate Investment Bank Annual negative pre-provision net income for CIB overall and/or annual negative allocated product revenues (excluding DVA) for: n Global FX, Global Rates, Rates Exotics & Hybrids, Public Finance n Securitized Products n Credit Trading and Syndicate, Credit Exotics & Hybrids n Global Emerging Markets, GSOG n Commodities n Equities n Global Banking Consumer Banking Business Annual negative pre-provision net income Corporate Functions (other than Chief Investment Office) Annual negative pre-provision net income reported at the Firm level Home Lending Annual negative pre-provision net income excluding losses from liquidating portfolios and MSR Trading
Sample 1
Line of Business Financial Threshold means the financial threshold set forth below for the following Lines of Business based on the Firm’s management reporting system: Asset Management Annual negative pre-provision net income Card Services Annual negative pre-tax, pre loan loss reserve income Commercial banking Annual negative pre-provision net income including loan charge-offs Corporate Investment Bank Annual negative pre-provision net income for CIB overall and/or annual negative allocated product revenues (excluding DVA) for: • Macro Products: • Currency and Emerging Markets • Rates • Commodities • Spread Products • Credit • SPG • Public Finance • Equities • Investor Services • Global Banking Consumer Banking Business Annual negative pre-provision net income Corporate Functions (including Chief Investment Office) Annual negative pre-provision net income at the Firm level Mortgage Banking Annual negative pre-provision net income excluding losses from liquidating portfolios and MSR Trading
Sample 1
Line of Business Financial Threshold means, for each of the highest-level business units of the Firm (e.g., Investment Bank, Asset Management), the financial threshold applicable under certain 2012 restricted stock unit awards granted to individuals designated as “Tier 1.” Unless otherwise specified, the applicable financial threshold will be negative annual pre-provision net income. “Not-for-Profit Organization” means an entity exempt from tax under state law and under Section 501(c)(3) of the Code. Section 501(c)(3) includes entities organized and operated exclusively for religious, charitable, scientific, testing for public safety, literary or educational purposes, or to xxxxxx national or international amateur sports competition or for the prevention of cruelty to children or animals. “Recognized Service” means the period of service as an employee set forth in the Firm’s applicable service-related policies.
Sample 1

Related to Line of Business Financial Threshold

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Negative equity means any outstanding debt transferred from a previous vehicle.

  • immaterial financial interest means any financial interest with a determinable monetary value, the aggregate of which does not exceed R1 000 in any calendar year from the same third party in that calendar year received by –

  • Fifty-Percent or Greater Interest shall have the meaning ascribed to such term for purposes of Sections 355(d) and (e) of the Code.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Approved Capital Expenditures means Capital Expenditures incurred by Borrower and either (i) included in the Approved Annual Budget or (ii) approved by Lender, which approval shall not be unreasonably withheld or delayed.

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Operating Company Number (OCN means the numeric Company Code assigned by NECA identifying CLEC as a Resale or UNE provider.

  • de minimis amount means no more than 5 percent of the total power flows in both directions, calculated in accordance with the “5 percent test” set forth in IRS Notice 88-129. This is not intended to be an exclusive list of the relevant conditions that must be met to conform to IRS requirements for non-taxable treatment. At Connecting Transmission Owner’s request, Developer shall provide Connecting Transmission Owner with a report from an independent engineer confirming its representation in clause (iii), above. Connecting Transmission Owner represents and covenants that the cost of the Connecting Transmission Owner’s Attachment Facilities paid for by Developer will have no net effect on the base upon which rates are determined.

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Qualified business facility means any building, complex of

  • Related Financial Product means any financial product which references directly or indirectly the Preference Shares.