Operating Target definition

Operating Target means the EBITA target for the Company in any Fiscal Year as determined pursuant to Section 3.2(b) below, and the “Adjusted Operating Target” means an amount equal to the product of (x) the Operating Target for such Fiscal Year and (y) [***]. The Parties hereby agree that the Company’s Operating Target for Fiscal Year 2007 is $[***].
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Examples of Operating Target in a sentence

  • If the Employee is terminated prior to July 1 of any year, the Pro Rata Share of the Annual Bonus (A) will be equal to the product of (1) the Annual Bonus, calculated assuming that 100% of the Operating Target is achieved in such year, and (2) a fraction equal to the number of full months in such year prior to the Date of Termination over 12, and (B) will be paid to the Employee within 30 days after the Date of Termination.

  • No Annual Bonus shall be paid if the Operating Result is less than the Minimum Operating Target for such year.

  • The "Operating Result" for any year shall be equal to the annual financial results for the components that make up the Operating Target as of December 31 in such year, using United States generally accepted accounting principles consistently applied and taking into account such other factors as may be approved by Employer's Board.

  • The "Operating Target", the "Maximum Operating Target" and the "Minimum Operating Target" in any year shall be jointly established by the Chief Executive Officer of the Employer and Employer's Board.

  • Dispatches of Regulation resources to a Dispatch Operating Target by RTM SCED will be eligible to set the RTM LMP.

  • The submitted Operational Ramp Rate for resources shall be used as the basis for all Dispatch Instructions, provided that the Dispatch Operating Target for resources that are providing Regulation remains within their applicable Regulating Range.

  • When a resource is identified as “non-compliant,” RTM will set the Dispatch Operating Target for that resource equal to its actual output in the Market Clearing software such that the persistent error does not cause excessive AGC action and consequently require CAISO to take additional action to comply with reliability requirements.

  • During the time when the resource is “non-compliant,” the last applicable Dispatch target shall be communicated to the Scheduling Coordinator as the Dispatch Operating Target.

  • A Co-located Resource that is a Non-Generator Resource may deviate from a Dispatch Instruction where a co-located Eligible Intermittent Resource at the same Generating Facility is producing above its Dispatch Operating Target due to meteorological conditions such that the Co-located Resources’ combined output would exceed the Interconnection Service Capacity of the Co-located Resources, or otherwise threaten reliability or safety.

  • Polymers are basically long chains of molecules either combined with the same or different groups.

Related to Operating Target

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • 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.

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

  • School operating taxes means local ad valorem property taxes levied under section 1211 of the revised school code, MCL 380.1211, and retained for school operating purposes.

  • Project Plan means the document to be developed by the Contractor and approved by WTL, based on the requirements of the Contract and the Preliminary Project Plan included in the Contractor’s bid. For the sake of clarity, the Agreed and Finalised Project Plan” refers to the version of the Project Plan submitted by the contractor after receiving the letter of Award and the same approved by WTL. The project plan may be changed/ modified during the course of the project. Should the Project Plan conflict with the provisions of the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

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

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Multiregional Modeling Working Group or “MMWG” shall mean the NERC working group that is charged with multi-regional modeling.

  • Project Plans mean the plans for the Project that are attached to this Agreement as Exhibit “B.”

  • Indicators of student progress and growth means the results of assessment(s) of students as defined in N.J.A.C. 6A:8, Standards and Assessment.

  • Operating parameter value means a minimum or maximum value established for a control device or process parameter that, if achieved by itself or in combination with one (1) or more other operating parameter values, determines that an owner or operator has complied with an applicable emission limit.

  • The Project Plan means the document to be developed by the Supplier and approved by the Purchaser, pursuant to GCC Clause 19, based on the requirements of the Contract and the Preliminary Project Plan included in the Supplier’s bid. The “Agreed and Finalized Project Plan” is the version of the Project Plan approved by the Purchaser, in accordance with GCC Clause 19.2. Should the Project Plan conflict with the Contract in any way, the relevant provisions of the Contract, including any amendments, shall prevail.

  • Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Project Milestones means the project milestones set forth in Schedule-G;

  • 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;

  • 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;

  • Number of Students Who Began Program means the number of students who began the program who are scheduled to complete the program within the reporting calendar year.

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • Peer support specialist means an individual who has experienced a severe and persistent mental illness and who has successfully completed standardized training to provide peer support services through the medical assistance program or the Iowa Behavioral Health Care Plan.

  • Dynamic driving task means the same as that term is defined in Section 41-26-102.1.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Solar PV Project means the solar Photo Voltaic Power project that uses sunlight for direct conversion into electricity through Photo Voltaic technology.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • Development Plan has the meaning set forth in Section 3.2.

  • 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.