Minimum Performance Requirement definition

Minimum Performance Requirement. (MPR) means the minimum durability performance, in terms of SOCE or SOCR at a specific point in the life of the vehicle, that constitutes compliance with the durability provisions of this GTR.
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Minimum Performance Requirement means the Flown Expenditure targets as outlined in Schedule 2.
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Minimum Performance Requirement has the meaning set forth in Section 3.15. “MMS” means the Minerals Management Service, a bureau of the United States Department of the Interior, or its successor agency.
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Examples of Minimum Performance Requirement in a sentence

  • If the Minimum Performance Requirement is achieved, Shares may be issued to the Grantee provided that the threshold Performance Requirements are achieved for ROIC or EBITDA as set forth below.

  • The Committee may not adjust the Minimum Performance Requirement or Performance Goals during the Performance Period.

  • If either the Minimum Performance Requirement is not met or the performance level with regard to the Performance Goals is below the established threshold, no PSUs shall be payable under this Performance Award Agreement.

  • The Committee shall determine and certify whether the Minimum Performance Requirement has been met and the level of performance with regard to the Performance Goals after the end of the Performance Period.

  • If E@W does not satisfy the Minimum Performance Requirement for any calendar quarter, then it will reduce RB’s portion of the marketing fee by an amount equal to the difference between the Minimum Performance Requirement and the actual Finance Charge Receivables collected during the related calendar quarter.

  • The main body of this report provides an overview of the management of fisheries of the Member under assessment; a step-by-step description of the approach taken by the Member to meet each Minimum Performance Requirement (MPR); a discussion of any areas where fishery management falls short of an MPR, and potential improvements; and a detailed flow diagram illustrating the relationships between the different components of the management process.

  • The Company hereby grants to the Executive the right to receive the target number of PSUs indicated on Exhibit 1 hereto (the “Target”) at the end of the Restriction Period set forth in Paragraph 5, with the earn-out opportunity to receive PSUs equal to 0% - 150% of the Target, subject to the achievement of the Minimum Performance Requirement and Performance Goals set forth in Paragraph 2.

  • Receiver sensitivity shall be compliant with PN3383, (Draft American National Standard or Telecommunications - Recommended Minimum Performance Requirement for Base Stations Supporting 1.8 to 2.0 GHz Code Division Multiple Access (CDMA) Personal Stations) with the following clarification / exceptions.

  • Damages payable by Seller to Buyer pursuant to the terms of this Section 3.15 for failure to meet the Minimum Performance Requirement shall be capped at $1,500,000 per year and $10,000,000 in the aggregate over the Services Term.

  • As was outlined in the Alliance for Automotive Innovation’s comments, we support using a Minimum Performance Requirement (MPR) where batteries must maintain at least 80% State of Health5 (SOH) after 5 years or 100,000 km (62,000 miles) and 70% SOH after 8 years or 160,000 km (100,000 miles).


More Definitions of Minimum Performance Requirement

Minimum Performance Requirement. (MPR) means the minimum durability performance, in terms of SOCE at a specific point in the life of the vehicle, that constitutes compliance with the [optional] durability provisions of this GTR [that a Contracting Party may optionally elect to enforce].
Sample 1
Minimum Performance Requirement means the requirement to achieve minimum performance metrics expected in the territory on a monthly basis as mentioned in Schedule VIII.
Sample 1

Related to Minimum Performance Requirement

  • Performance Standard means the acceptable range of performance for a Performance Indicator or a Service Volume that results when a Performance Corridor is applied to a Performance Target;

  • Performance Conditions means specific levels of performance of the Company (and/or one or more members of the Company Group, divisions or operational and/or business units, product lines, brands, business segments, administrative departments, or any combination of the foregoing), which may be determined in accordance with GAAP or on a non-GAAP basis, including, without limitation, the following measures: (i) net earnings, net income (before or after taxes), or consolidated net income; (ii) basic or diluted earnings per share (before or after taxes); (iii) net revenue or net revenue growth; (iv) gross revenue or gross revenue growth, gross profit or gross profit growth; (v) net operating profit (before or after taxes); (vi) return measures (including, but not limited to, return on investment, assets, capital, employed capital, invested capital, equity, or sales); (vii) cash flow measures (including, but not limited to, operating cash flow, free cash flow, or cash flow return on capital), which may be but are not required to be measured on a per share basis; (viii) actual or adjusted earnings before or after interest, taxes, depreciation, and/or amortization (including EBIT and EBITDA); (ix) gross or net operating margins; (x) productivity ratios; (xi) share price (including, but not limited to, growth measures and total stockholder return); (xii) expense targets or cost reduction goals, general and administrative expense savings; (xiii) operating efficiency; (xiv) objective measures of customer/client satisfaction; (xv) working capital targets; (xvi) measures of economic value added or other ‘value creation’ metrics; (xvii) enterprise value; (xviii) sales; (xix) stockholder return; (xx) customer/client retention; (xxi) competitive market metrics; (xxii) employee retention; (xxiii) objective measures of personal targets, goals, or completion of projects (including, but not limited to, succession and hiring projects, completion of specific acquisitions, dispositions, reorganizations, or other corporate transactions or capital-raising transactions, expansions of specific business operations, and meeting divisional or project budgets); (xxiv) comparisons of continuing operations to other operations; (xxv) market share; (xxvi) cost of capital, debt leverage, year-end cash position or book value; (xxvii) strategic objectives; (xxviii) gross or net authorizations; (xxix) backlog; or (xxx) any combination of the foregoing. Any one or more of the aforementioned performance criteria may be stated as a percentage of another performance criteria, or used on an absolute or relative basis to measure the performance of one or more members of the Company Group as a whole or any divisions or operational and/or business units, product lines, brands, business segments, or administrative departments of the Company and/or one or more members of the Company Group or any combination thereof, as the Committee may deem appropriate, or any of the above performance criteria may be compared to the performance of a selected group of comparison companies, or a published or special index that the Committee, in its sole discretion, deems appropriate, or as compared to various stock market indices.

  • Default Requirement means the amount specified as being applicable to the Reference Entity in the Standard, or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, U.S.$ 10,000,000 or its equivalent in the relevant Obligation Currency) in either case, as of the occurrence of the relevant Credit Event.