Negative Performance definition

Negative Performance means the performance of the Underlying, determined according to the following formula and always represented by a positive value: Max[0; 1 – (Final Reference Value / Initial Reference Value)]
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Negative Performance means the performance of the Underlying, determined according to the following formula and always represented by a positive value:
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Negative Performance means on any Observation Date where the Annual Index Performance(t) as determined by the Calculation Agent is less than 1 an amount equal to:Previous Outstanding Swap Amount x (Annual Index Performance(t) -1).
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Examples of Negative Performance in a sentence

  • If the Company’s actual gas commodity purchase dollars are greater than the Benchmark Dollars plus the Tolerance Band, a Negative Performance exists.

  • There should not be any significant contractual severance entitlements which are not diminished by individual Negative Performance Contributions.

  • If there is a Negative Performance during the Subsequent Crystallisation Period, 100% of such Negative Performance shall be added to the Negative Bonus and such increased Negative Bonus will be carried forward as long as such increased Negative Bonus has not been fully compensated by the subsequent Positive Performance(s) incurred by the Sub-Fund in the following Crystallisation Period(s).

  • Negative Performance Contributions shall result in a reduction (down to 0) of deferred parts of the Variable Remuneration.

  • In case of a negative spread between the Performance and the Benchmark Performance (the “ Negative Performance”) during a Crystallisation Period, no Performance Fee shall be due in respect to such Reference Period and 100% of the Negative Performance shall be carried forward (the “Negative Bonus”) to the following Crystallisation Period (the “Subsequent Crystallisation Period”).

  • There should not be any significant contractual severance entitlements, which are not diminished by individual Negative Performance Contributions.

  • Example 2 – Negative Performance – No Performance Fee Payable Investor X acquires one Share at Valuation Point 1 at USD 100.

  • If the Association, at its sole discretion, determines that a development fails to demonstrate economic feasibility based upon the Association's underwriting parameters, the application will be declined.6.6 Negative Performance Points 1.

  • Negative Performance Contributions, Breach of Duty and Unconscionable Conduct shall lead to a reduction of Variable Remuneration (down to 0).

  • Performance Categories and Negative Performance PointsFor the CY 2020 application review cycle, we have established 11 distinct performance categories.

Related to Negative Performance

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performance =Final Index Level × 100% Initial Index Level

  • Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

  • Substantial Performance means the stage of completion when:(a) all Work, as certified by the Contract Administrator, is capable of completion or correction at a cost of not more than:

  • Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Capacity Performance Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(a).

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Environmental Performance means all or any of the following: the consumption of energy and associated generation of greenhouse gas emissions; the consumption of water; waste generation and management; and any other environmental impact arising from the use or operation of the Premises or the Estate;

  • Energy savings performance contract means a contract under which the rate of payments is based upon energy and operational cost savings and a stipulated maximum energy consumption level over the life of the contract.

  • Sexually explicit performance means a live or public act or show intended to arouse or satisfy the sexual desires or appeal to the prurient interest of patrons.

  • Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e). Nonincumbent Developer:

  • Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part 3 of Schedule 1 (Services) of this Framework Agreement;

  • Financial Performance Covenant means the covenant set forth in Section 6.10.

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • EPS means earnings per share.

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • Additional Performance Security shall have the meaning set forth in Clause 7.1;

  • Long-Term Performance Award means an award under Section 10 below. A Long-Term Performance Award shall permit the recipient to receive a cash or stock bonus (as determined by the Committee) upon satisfaction of such performance factors as are set out in the recipient's individual grant. Long-Term Performance Awards will be based upon the achievement of Company, Subsidiary and/or individual performance factors or upon such other criteria as the Committee may deem appropriate.

  • CAGR means compound annual growth rate;