Minimum Targets definition

Minimum Targets means the Company’s obligations to make a Capital Investment of at least 50% of the amount set forth in Section 2(a) and to create at least 50% of the number of New Jobs set forth in Section 2(a), all as of the Performance Date.
Minimum Targets means, commencing with the date the Product is first commercially available, the following: Year Number of Minutes 1 and 2 combined [**] 3 [**] 4+ (until end of term) [**]

Examples of Minimum Targets in a sentence

  • Bonus Pool Subject to achievement of Minimum Targets, the funding of the Bonus Award pool (the “Bonus Pool”) for Participant’s will be calculated as described below.

  • Minimum Targets will be identified and this Xxxxx XXX will be modified accordingly, prior to entry into force.

  • This approach is currently being embedded in the Newcomers' Academy.

  • Failure by the Company to meet the Minimum Targets by the Performance Date shall constitute a breach of this Agreement.

  • Participants are eligible to receive 70% of their bonus eligibility when the Compensation Plan Minimum Targets for the Company and the Business Units are achieved, and up to 200% of eligibility if Compensation Plan Stretch Targets for the Company and Business Units are achieved.

  • Minimum Targets for Participants Enrolled During the Grant Period Based onFunding RequestFunding RequestMinimum Participants Enrolled During GrantPeriod$1,000,000 – 1,499,999150$1,500,000 – 1,999,999200$2,000,000 – 2,499,999250$2,500,000 – 2,999,999300$3,000,000 – 3,499,999350$3,500,000 – 3,999,999400 The minimum goals, listed above in Figure 1, identify the minimum number of participants the project must enroll during the grant period based on the applicant’s requested funding amount.

  • If the Authority or the Commission determines at any time prior to the Performance Date (a “Determination Date”) that the Company is unable or unwilling to meet and Maintain its Minimum Targets by and through the Performance Date, and if the Authority or the Commission have promptly notified the Company of such determination, the Company must repay to the Commission all of the Loan proceeds previously disbursed to or for the benefit of the Company.

  • EXHIBIT A Plan Financial Targets for Senior Director Level and Below The Financial Targets for Fiscal Year will be as follows (the “Financial Target(s)”): ADJUSTED EBITDA: *** REVENUE: *** Minimum Targets No payout will be made to Participants unless the Company achieves (i) a minimum Adjusted EBITDA of 80% of the aforementioned Financial Target for Adjusted EBITDA; and (ii) a minimum Revenue of 95% of the aforementioned Financial Target for Revenue.

  • Such a determination will be based on objective circumstances such as a filing by or on behalf of the Company under Chapter 7 of the U.S. Bankruptcy Code, the liquidation of the Company, an abandonment of the Facility by the Company or other similar significant event that would necessarily preclude the Company from being able to satisfy the Minimum Targets.

  • As a result, if the Awarded Service Provider achieves 1/6 of all of the Minimum Targets in each quarter, it will receive a payment for such quarter equal to 1/6 of the Price.


More Definitions of Minimum Targets

Minimum Targets means the Amazônia Minimum Targets and Telemig Minimum Targets.

Related to Minimum Targets

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

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

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • 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;

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

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

  • ASAM criteria means admission, continued service, transfer, and discharge criteria for the treatment of substance use disorders as published by the American Society of Addiction Medicine (ASAM).

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Goals means the annual level of participation by SBEs in City Contracts as established in this chapter, the SBE Regulations, or as necessary to comply with applicable federal and state nondiscrimination laws and regulations. Goals for individual Contracts may be adjusted as provided for in this chapter and shall not be construed as a minimum for any particular Contract or for any particular geographical area.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Specific goals means specific goals as contemplated in section 2(1)(d) of the PPPFA which may include contracting with persons, or group of persons, historically disadvantaged by unfair discrimination on the basis of race, gender and disability including the implementation of programmes of the Reconstruction and Development Programme as published in Government Gazette No. 16085 dated 23 November 1994.

  • Development Milestone is defined in Section 5.3.

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Target Population means persons with low incomes who have one or more disabilities, including mental illness, HIV or AIDS, substance abuse, or other chronic health condition, or individuals eligible for services provided pursuant to the Lanterman Developmental Disabilities Services Act (Division 4.5 (commencing with Section 4500) of the Welfare and Institutions Code) and may include, among other populations, adults, emancipated minors, families with children, elderly persons, young adults aging out of the foster care system, individuals exiting from institutional settings, veterans, and homeless people.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • 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.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Over-Riding Nomination Criteria means the criteria set out in clause 4.2.

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.