Maximum Incentive Amount definition

Maximum Incentive Amount means the amount set forth on Schedule 1.01(q).
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Maximum Incentive Amount for any Quarter means the sum of (a) the product of (x) the total Common Units Outstanding on the Record Date for such Quarter multiplied by (y) the Maximum Incentive Threshold, plus (b) $39,250,000.00;
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Maximum Incentive Amount means 35 percent of the total
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Examples of Maximum Incentive Amount in a sentence

  • The points are used to determine the percentage of the total Maximum Incentive Amount.

  • PROPOSAL EVALUATION:Under the Vacant Lot & Adaptive Reuse Incentive Program, a Maximum Incentive Amount will be determined by the Office of the City Assessor and will be equivalent to the increment between the existing property taxes (City of Saskatoon portion) and the taxes paid upon completion, multiplied by five years.

  • The amount of the Annual Incentive Payment being requested, when added to all previous Annual Incentive Payments and all previous Quarterly Incentive Payments paid by the City to the Company pursuant to this Agreement, shall not exceed the Maximum Incentive Amount of SIX HUNDRED EIGHTY THOUSAND AND NO/100 DOLLARS ($680,000.00).

  • Further, the City’s obligation to provide the Capital Improvement Incentive to Company shall terminate on the earlier of the following events: i) two (2) years from the Effective Date;(ii) the date this Agreement is terminated by the City or the Company pursuant to a right to terminate as expressly provided herein; or (iii) or the day after the date that the City has disbursed Incentive Payment(s) that equal or exceed the Maximum Incentive Amount.

  • Maximum Incentive Amount: Total incentives are not to exceed $500 per participant, per program year.

  • Rank ordering is used to guide corrective action—the project team should take action to fix the problems that are causing the greatest number of defects first.

  • The taxes abated in accordance with this section will count towards to Maximum Incentive Amount.

  • Company is not entitled to any payments or abatements under this Agreement beyond the Maximum Incentive Amount.

  • However, if the Region fails to increase its production of stop-loss premium by at least 1.2 times the preceding calendar year's total premium production, the Region's Maximum Incentive Amount will be reduced by .5% for each $100,000 in premium by which the Region fails to achieve such premium growth goal.

  • For each Eligible Measure, the average per-unit cost for that measure across all Projects may not exceed the amount set out in Appendix A herein for such measure.All selected Eligible Measures for a Project shall be subject to the Maximum Incentive Amount, and any costs in excess of the Maximum Incentive Amount shall comprise the Participant Contribution.


More Definitions of Maximum Incentive Amount

Maximum Incentive Amount means $13,365,000 and is the maximum amount to be provided by City to reimburse Company for a portion of Construction Costs attributable to the construction of the White Chapel Improvements, the Parking Garage, and the Park, subject to the terms of this Agreement.
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Maximum Incentive Amount means the maximum amount of Economic Development Funds payable under this Agreement is two million dollars ($2,000,000.00).
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Maximum Incentive Amount means the maximum amount of Economic Development Funds payable under the terms of this Agreement, which is the collective sum of One Million and No/100 Dollars ($1,000,000.00).
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Maximum Incentive Amount means the maximum amount of Economic Development Funds payable under this Agreement is two hundred fifty thousand dollars ($250.000.00).
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Maximum Incentive Amount means SIX HUNDRED EIGHTY THOUSAND AND NO/100 DOLLARS ($680,000.00).
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Related to Maximum Incentive Amount

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive's Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive's target annual incentive bonus for the year in which the Date of Termination occurs.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA;

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Average Bonus means the average of the bonuses paid to Employee over the last two years (or such lesser number of years in which Employee was eligible to receive a bonus) in which the Employee was eligible to receive a bonus.

  • Effective Amount means with respect to any Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowing and prepayments or repayments thereof occurring on such date.

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Maximum Benefit means the maximum benefit amount of each of the benefits covered under this Policy as stated in the Schedule of Benefits.

  • Hurdle Amount means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • Maximum Award means as to any Participant for any Performance Period, $4 million.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • Maximum Share Amount shall have the meaning set forth in Section 2.01(c).

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.