Participation Point definition

Participation Point means, with respect to a Participant, the unit measurement used to determine the Participant’s share of the Performance Pool generated with respect to a Performance Period.
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Participation Point means one percent of the Plan Cash Flow for any Plan Year; 100 Participation Points shall be awarded to Participants in any Plan Year during which any awards are made.
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Participation Point means a hypothetical unit designated by the Company as a metric for determining the portion of the Retention Bonus Pool to which a Participant is entitled. For the avoidance of doubt, Participation Points do not represent shares of the Company’s common stock or any other equity security of the Company or any of its affiliates, nor does a Participation Point provide any rights to obtain ownership of any shares of the Company’s common stock or any other equity security of the Company of any of its affiliates.
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Examples of Participation Point in a sentence

  • A bank may also use an electronic connection that is owned or operated by an entity other than the bank itself as its Service Participation Point.

  • A bank may use its Service Participation Point to access and administer FedACH Information Services for one or more of the bank’s routing numbers.

  • However, if Customer has its own FedLine Web connection, Customer will be able to access its Scheduled Reports and request On Demand Reports, even if it has designated a Service Participation Point manager.

  • The bank authorizes its Service Participation Point manager to do anything the bank may do with respect to the setup and ongoing administration of the service.4.4 A Service Participation Point manager is a Service Provider for purposes of Operating Circular 5 and the Service Participation Point manager’s access to the FedACH Information Services via the FedLine Web® access channel is governed by Operating Circular 5 and the Certification Practice Statement, as they each may be amended from time to time.

  • By designating a Service Participation Point that is operated by another entity, a bank thereby designates the entity as its Service Participation Point manager.

  • When a second opinion was sought, the group reported they were supported in doing so.

  • Your institution hereby designates the electronic device that accesses the Reserve Bank’s systems using the RTN/ETI listed in Section 3 as the Service Participation Point for the RTNs and services listed in Section 3.1. Your institution appoints the entity named in Section 3 as your institution’s Service Participation Point Manager,1 as described in Appendix F to Operating Circular 4.

  • Appendices F1 and F2, as they currently apply to the FedPayments Reporter Service are also applicable for Service Participation Point Managers designated for the FedPayments Reporter and RDFI Alert services respectively.

  • Points will be awarded as follows: Proposed Goal for Local Participation(%) Point Allocation70-1005.065-694.060-643.055-592.050-541.0<500Tenderers are required to provide a skills development plan which includes the Employer’s maintenance personnel.

  • Service Participation Point Manager Authorized Approval‌ By signing below, the Service Participation Point Manager agrees to the terms of the Appendix F of Operating Circular 4 and Operating Circular 5.

Related to Participation Point

  • L/C Participation shall have the meaning provided in Section 3.3(a).

  • Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).

  • Participation Rate means the rate of interest payable on the Loan to Participant by Administrative Agent-Servicer.

  • Participation Facility means any facility or property in which the Party in question or any of its Subsidiaries participates in the management and, where required by the context, said term means the owner or operator of such facility or property, but only with respect to such facility or property.

  • Participation Maximum shall have the meaning ascribed to such term in Section 4.12(a).

  • Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.

  • Participation Percentage means the rounded percentage of the total actual Project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the rounded percentage of the total actual Project costs that will be contributed by the Recipient. Both percentages are identified in Appendix B. If the total actual Project costs exceed the estimated Project costs identified in Appendix B, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.

  • Participation Percentages means the percentage of the total actual project costs that will be contributed by the OPWC, not to exceed the maximum dollar contribution of the OPWC identified in this Project Agreement, and the percentage of the total actual project costs that will be contributed by the Recipient. Both of the percentages are identified in Appendix D. In the event that the total actual project costs exceed the estimated project costs identified in Appendix D, the Local Subdivision Participation Percentage will increase to reflect the cost overrun, while the OPWC percentage contribution will decrease recognizing that there is a maximum dollar contribution from the OPWC which is identified in this Project Agreement.

  • Active participation means an ongoing process of good faith negotiation between the state licensing agency and the Indiana elected committee of licensed managers to achieve joint planning of:

  • Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).

  • Participation Factor means a percentage to be determined in the reasonable discretion of the Issuer (billiges Ermessen) (§ 315 BGB) on the Strike Date on the basis of the volatility of the Index and the market conditions prevailing on such date and will be published in accordance with § 14 hereof. The indication for the Participation Factor based on the market conditions as of 9 March 2018 is 200% (in any case, it will not be below 170%).

  • Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.

  • Participation Interests shall have the meaning specified in subsection 2.09(a)(ii).

  • Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.

  • Participation means an interest in a Loan that is acquired indirectly by way of a participation from a selling institution.

  • Unit Participation means the ratio of the surface acreage of a specific tract in the unit area to the total surface acreage of the unit area as that total surface acreage is specified in paragraph one of the Plan for Unit Operations of this order.

  • Swing Line Participation Amount as defined in Section 2.7(c).

  • Participation Notice has the meaning set forth in Section 4.2;

  • Swingline Participation Amount as defined in Section 2.7(c).

  • Direct Loan Participation means a Loan in respect of which, pursuant to a participation agreement, the Issuer is capable of creating, or procuring the creation of, a contractual right in favour of a notional protection seller that provides such notional seller with recourse to the participation seller for a specified share in any payments due under the relevant Loan which are received by such participation seller, any such agreement to be entered into between (i) such notional seller and (ii) either (A) the Issuer (to the extent the Issuer was then a lender or a member of the relevant lending syndicate), or (B) a Qualifying Participation Seller (if any) (to the extent such Qualifying Participation Seller is then a lender or a member of the relevant lending syndicate);

  • Participation Amount as defined in Section 3.4(b).

  • Participation Quota means in relation to a Section, the decimal fraction allocated thereto in the Sectional Plan and which is calculated in terms of Section 32(1) of the Act.

  • Material Participation means involvement in the development and operation of the project on a basis which is regular, continuous, and substantial as defined in Code Section 42 and 469(h) of the regulations promulgated hereunder.

  • Participation Advance shall have the meaning set forth in Section 2.12(d).

  • Commitment Percentage is set forth in Schedule 1.1, as amended from time to time.