Performance Event Rebate definition

Performance Event Rebate has the meaning given in section 6.1. Performance Event Rebate Percentage and PERP has the meaning given in section 6.2.
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Performance Event Rebate has the meaning given in section Schedule 46.1 of Schedule 4. Performance Requirement has the meaning given in clause 10.1. Performance Requirements (Minimum) has the meaning given in clause 10.3(c).
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Performance Event Rebate has the meaning given in clause 6.5(a)(ii) (“Operation, bidding and dispatch”), as calculated in accordance with Schedule 2.
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Examples of Performance Event Rebate in a sentence

  • Calculation of Aggregate Annual Rebate The Aggregate Annual Rebate for a Support Year is calculated as: ZSY = ESY + FSY + GSY where: ZSY = the Aggregate Annual Rebate for the relevant Support Year; ESY = the Availability Rebate; FSY = the Performance Event Rebate; and GSY = the Storage Capacity Rebate, each for the relevant Support Year, provided that if the Aggregate Annual Rebate is greater than CSY then it will be deemed to be equal to CSY.

  • The “Historical Net Payments” at a particular time is calculated as follows: 𝐻𝑁𝑃𝑇 = ∑ 𝑆𝑃 − ∑ 𝐿𝑃 where: HNPT = the Historical Net Payments at that time; ∑SP = the sum of the Quarterly Annuity Payments and Annual Reconciliation Payments paid by SFV to LTES Operator prior to that time; and ∑LP = the sum of Annual Reconciliation Payments (expressed as a positive number), Performance Event Rebate and Repayment Amounts paid by LTES Operator to SFV prior to that time.


More Definitions of Performance Event Rebate

Performance Event Rebate has the meaning given in item 7.2 of Schedule 2 (“Annuity Product terms”).
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Performance Event Rebate has the meaning given in section of Schedule 4.
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Related to Performance Event Rebate

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Performance Cycle means one or more periods of time, which may be of varying and overlapping durations, as the Administrator may select, over which the attainment of one or more Performance Criteria will be measured for the purpose of determining a grantee’s right to and the payment of a Restricted Stock Award, Restricted Stock Units, Performance Share Award or Cash-Based Award, the vesting and/or payment of which is subject to the attainment of one or more Performance Goals. Each such period shall not be less than 12 months.

  • 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.