Maximum Target definition

Maximum Target has the meaning specified in Section 2.02(a)(iii).
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Maximum Target is the goal past the target where the amount of incentive money reaches its ceiling (and thus incentive payments are capped). The maximum target will be more difficult to achieve, but attainable with exceptional skill and effort.
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Maximum Target has the meaning specified in Section 4.8(a)(ii).
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Examples of Maximum Target in a sentence

  • The Board or the Compensation Committee shall review the Bonus Policy at least once a year to determine whether the Maximum Target Bonus should be increased effective January 1 of any year during the Term, or whether any additional changes should be made to the Bonus Policy effective January 1 of any year.

  • Minimum and Maximum Target Amount This is the minimum amount required to operate the respective Plan(s) under the Scheme and if this is not collected during the NFO period, then all the investors would be refunded the amount invested without any return.Each Plan under the Scheme seeks to collect Rs.20 crores as the minimum subscription and would retain any excess subscription collected.

  • Maximum Target Payout The Maximum Target Payout is the maximum annual cash bonus that can be earned and paid under the STI.

  • Maximum Target Payout The Maximum Target Payout is the maximum annual cash bonus that can be earned and paid under the LTI.

  • Maximum Target Payout The Maximum Target Payout is the maximum annual cash bonus that can be earned and paid under the STI Plan.

  • Within 60 days after the Executive's Permanent Disability, the Company shall pay to the Executive the prorated amount of the Maximum Target Bonus for the year in which the Executive's Permanent Disability occurs, prorated for the portion of the year during which the Executive was employed prior to his Permanent Disability, and subtracting out all Incentive Bonus payments related to that year received by the Executive during such year.

  • Within 60 days after the Executive's death, the Company shall pay to the Executive's personal representative the prorated amount of the Maximum Target Bonus for the year in which the Executive's death occurs, prorated for the portion of the year during which the Executive was employed prior to his death, and subtracting out all Incentive Bonus payments related to that year received by the Executive during such year.

  • The Maximum Target Amount is Rs. 1500000/- under both terms per investor.

  • The following table shows the Maximum, Target and Threshold Performance Levels for the Company’s Operational Performance Results: Maximum 10.0% 200% Target 8.5% 100% Threshold 7.0% 50% Below Threshold Under 7.0% 0% At the conclusion of the Performance Period, the Committee will determine the Company’s Operational Performance Results in accordance with the formula and methods described below.

  • For the avoidance of doubt, (x) if the Minimum Target (as defined in the Sponsor Lock-Up Agreement) shall have been achieved, then the Minimum Share Price Milestone shall be deemed achieved, and (y) if the Maximum Target (as defined in the Sponsor Lock-Up Agreement) shall have been achieved, then the Maximum Share Price Milestone shall be deemed achieved.


More Definitions of Maximum Target

Maximum Target has the meaning set forth in Section 3(c).
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Maximum Target means $24,827,821 of EBITDA for 1994. The "EBITDA Factor" shall mean the quotient obtained by dividing (i) the difference between actual EBITDA for fiscal 1994 and the Minimum Target for such year by (ii) the difference between the Maximum Target and the Minimum Target for such year. After fiscal year 1994, the Executive shall be entitled to a bonus pursuant to the terms of an Executive Bonus Plan to be adopted by the Board.
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Maximum Target means $2,094,000.
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Maximum Target has the meaning set forth in Section 1.8(c).
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Related to Maximum Target

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

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 84.30% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • 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.

  • Maximum Term Loan Amount means Forty Million and No/100 Dollars ($40,000,000).

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

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Maximum Revolver Amount means $100,000,000, decreased by the amount of reductions in the Revolver Commitments made in accordance with Section 2.4(c) of the Agreement.

  • Senior Target Amount With respect to each Distribution Date, an amount equal to the lesser of (a) the product of (i) 77.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Maximum Program Amount means Common Shares with an aggregate Sales Price of the lesser of (a) the number or dollar amount of Common Shares registered under the effective Registration Statement (defined below) pursuant to which the offering is being made, (b) the number of authorized but unissued Common Shares (less Common Shares issuable upon exercise, conversion or exchange of any outstanding securities of the Company or otherwise reserved from the Company’s authorized capital stock), (c) the number or dollar amount of Common Shares permitted to be sold under Form S-3 (including General Instruction I.B.6 thereof, if applicable), or (d) the number or dollar amount of Common Shares for which the Company has filed a Prospectus (defined below).

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

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

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

  • Achievement Percentage means the percentage of achievement determined by the Committee after the end of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle.

  • Maximum allowable cost list means a list of drugs for

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume; “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted;

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Programme Maximum Number of ETP Securities means 1,000,000,000.

  • Maximum mass means the maximum mass stated by the vehicle manufacturer to be technically permissible (this mass may be higher than the "permissible maximum mass" laid down by the national administration).

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Maximum Loan Amount has the meaning set forth in Section 2.1(a).