Minimum Performance definition

Minimum Performance means the minimum Performance Goal achievement required for any distribution to be made with respect to a Performance Share, as set out in Appendix A.
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Minimum Performance means when the liquefaction plant has achieved, in the aggregate, an average LNG output of at least 80 per cent of the Guaranteed LNG Output over a period of 72 consecutive hours.
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Minimum Performance means the minimum or threshold Performance Goal attainment required for any RTSR Performance Units to be achieved (subject to vesting), described as such in Appendix A.
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Examples of Minimum Performance in a sentence

  • By execution of this Contract, the Provider hereby acknowledges and agrees that its performance under the Contract must meet these Minimum Performance Measures and that it will be bound by the conditions set forth therein.

  • The Working Timetable incorporates scheduled running times and layover times considered necessary by the Operator to enable the Services to be operated to at least the Minimum Performance Standards set out in Schedule ID.

  • If the Contractor fails to comply with its obligations under Clause B.14 (Minimum Performance Levels and Minimum Service Levels) and such default is capable of remedy, the Authority may not terminate the Contract without first operating the Performance Improvement Process as set out in this Clause B.15.

  • Target: TBD Minimum Performance Standard: The level of improvement must result in at least a TBD% decrease in the difference between the target and the previous report period’s results.

  • The requirements set forth below specify the Minimum Availability, Minimum Performance and Operation to Address the Reliability Need Standards that each RMR Generator is expected to achieve in order to continue to be entitled to compensation under this Agreement, including recovery of the cost of Capital Expenditures and Additional Costs.


More Definitions of Minimum Performance

Minimum Performance means the criteria specified in Section 12 and Attachment 1.
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Minimum Performance means the performance objective at which a Minimum Award is made for a certain portion of the Plan and below which no award is made for that portion of the Plan.
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Minimum Performance means purchase by Distributor of thirty-five (35) or more units of the Product in a calendar year in accordance with the provisions hereof.
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Minimum Performance means the minimal level of performance of the Works (if any) to be achieved during Performance Tests, as are set out in this Contract.
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Minimum Performance. 10% increase on gross turnover during the preceding year;
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Minimum Performance means the percentage of time or instances that a target SL must be met as specified in the applicable SL. 129. MISSION CRITICAL
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Minimum Performance means achieving (i) less than or equal to 105% of the Heat Rate Guarantee while achieving 100% of the Emission Guarantee, (ii) greater than or equal to 95% of the Turbine Generator Unit Electrical Output Guarantee while achieving 100% of the Emission Guarantees.
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