Payment Formula definition

Payment Formula means the formula set forth in ________ that determines the number of RSUs that shall vest pursuant to this Award Agreement based on whether, or the extent to which, the Performance Goals are achieved.

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Payment Formula means number of Reward Shares awarded to a Participant (as communicated to a Participant in an Award Letter) multiplied by the Performance Factor multiplied by the Payment Date Value of Common Stock.

Payment Formula. Each municipality’s proportionate share of the District’s annual budget shall be computed as shown on schedule A attached.

Examples of Payment Formula in a sentence

• Target Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 100% EBITDA Factor in the Payment Formula set forth in Section 1.4.

• Maximum Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 200% EBITDA Factor in the Payment Formula set forth in Section 1.4.

• Maximum Performance means the level of Three-Year Cumulative EBITDA from Continuing Operations for the Performance Period set by the Committee that results in a 200% factor in the Payment Formula set forth in Section 1.4.

• Threshold Performance means the level of EBITDA Annual Growth for each Fiscal Year during the Performance Period set by the Committee that results in a 0% EBITDA Factor in the Payment Formula set forth in Section 1.4.

• Payment Formula Subject to approval of Revenue Canada, the number of years over which the Nurse's salary is to be deferred shall be negotiated between the Nurse and the Chatham-Kent Public Health Unit.

• Threshold Performance means the level of Three-Year Cumulative EBITDA from Continuing Operations for the Performance Period set by the Committee that results in a 0% factor in the Payment Formula set forth in Section 1.4.

• Target Performance means the level of Three-Year Cumulative EBITDA from Continuing Operations for the Performance Period set by the Committee that results in a 100% factor in the Payment Formula set forth in Section 1.4.

• Threshold Performance means the level of Three-Year Cumulative EBITDA from Continuing Operations for the Performance Period set by the Committee that results in a 50.0% EBITDA Percentage in the Payment Formula set forth in Section 1.4.

• Payment Formula The payout percentage designated by the performance targets multiplied by an employee's total wage compensation for a measurement year.

• The Alternative Payment shall be calculated by adjusting the Applicable Discount Rate and the Applicable Base Payment (as such terms are defined in Exhibit D) set forth in the Put Payment Formula (the "Interim Adjustments") as of a date (the "Interim Adjustment Date") that is (i) for the Qualifying Projects (other than the Late Qualifying Projects), 90 days after date of the Interim Adjustment Election and (ii) for any Late Qualifying Project, the Late Qualifying Adjustment Date.

More Definitions of Payment Formula

Payment Formula means the Payment Amount payable in respect of the Amount Protected under the Cap-It Certificate. If the level of the Benchmark Interest Rate for the Calculation Period, expressed as an annual percentage, is not greater than the Cap Rate, expressed as an annual percentage, then the Payment Amount payable will be zero. However, if the level of the Benchmark Interest Rate for the Calculation Period, expressed as an annual percentage, is higher than the Cap Rate, expressed as an annual percentage, then the Payment Amount payable will be the sum of the level of the Benchmark Interest Rate for the Calculation Period less the Cap Rate then multiplied by (i) the Amount Protected, and (ii) the sum of the number of calendar days in the Calculation Period divided by 365. When expressed as a mathematical formula, the Payment Formula is calculated as follows:

Payment Formula means the formula set forth in Attachment A that determines the number of PSUs that will vest pursuant to this Award Agreement based on whether, or the extent to which, the Performance Goals are achieved.