Maximum Target definition

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 2.02(a)(iii).
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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 restricted fund balance target should represent: Minimum target - Five months of operating expenditures for the budget year being prepared Maximum target - Eight months of operating expenditures for the budget year being preparedSocial Security Fund – The Social Security Fund accounts for the specific levy of taxes to fund payments for federally administered Social Security and Medicare.

  • The unrestricted fund balance target should represent: Minimum target - Five months of operating expenditures for the budget year being prepared Maximum target - Twice the average amount expended in operating expenses for the prior three years.Recreation Fund – The Recreation Fund is used for planning, establishing and maintaining recreational offerings.

  • The restricted or unrestricted fund balance target should represent: Minimum target - Five months of operating expenditures for the budget year being prepared Maximum target - Eight months of operating expenditures for the budget year being preparedCapital Fund – Capital projects are funded through bond proceeds, developer donations, grants, sponsorships and transfers from the Corporate Fund, Recreation Fund and Museum Fund as approved by the Board along with interest earned on fund balance.

  • The total amount of granted options for the EC is limited by cer- tain maximum thresholds as defined below: – 40’000 options maximum– Fair value of grant not exceeding 100% of Base Salary The proposals of the NCC for the Minimum, Objective and Maximum target values for the EBITDA margin are reviewed and approved by the Board.

  • The unrestricted fund balance target should represent: Minimum target - Five months of operating expenditures for the budget year being prepared Maximum target - Eight months of operating expenditures for the budget year being preparedPolice Fund – The Police Fund covers the expense for park police operations.

  • Maximum target flow rates are specified based on the assumption that it will be useful to have the ability to investigate flow through samples up to the laminar to turbulent transition region.

  • The restricted or unrestricted fund balance target should represent:• Minimum target - Five months of operating expenditures for the budget year being prepared• Maximum target - Eight months of operating expenditures for the budget year being preparedCapital Fund – Capital projects are funded through bond proceeds, developer donations, grants, sponsorships and transfers from the Corporate Fund, Recreation Fund and Museum Fund as approved by the Board along with interest earned on fund balance.

  • The unrestricted fund balance target should represent:• Minimum target - Five months of operating expenditures for the budget year being prepared• Maximum target - Twice the average amount expended in operating expenses for the prior three years.Recreation Fund – The Recreation Fund is used for planning, establishing and maintaining recreational offerings.

  • The restricted fund balance target should represent: Minimum target - Five months of operating expenditures for the budget year being prepared Maximum target - Eight months of operating expenditures for the budget year being prepared Golf Course Fund – The Golf Course Fund is used to account for the operations and maintenance of the restaurant, banquet and golf operations.

  • Air Purger: Cast iron or fabricated steel, 861 kPa (125 psig) water working pressure, for in-line installation.


More Definitions of Maximum Target

Maximum Target has the meaning set forth in Section 3(c).
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Maximum Target has the meaning specified in Section 3.07(a)(ii).
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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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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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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.

  • 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.

  • 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; ‘National Law’ means (a) for a state or territory other than Western Australia – the Health Practitioner Regulation National Law as set out in the Schedule to the Health Practitioner Regulation National Law Act 2009 (Qld) as it applies (with or without modification) as a law of the State or Territory; and (b) for Western Australia – the legislation enacted by the Health Regulation National Law (WA) Xxx 0000 that corresponds to the Health Practitioner Regulation National Law;

  • 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 12-month period immediately preceding October 30, 2016.

  • 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).