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

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;

  • Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.

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