Performance Participation definition

Performance Participation means the special limited partner’s interest in the Operating Partnership that entitles it to receive an allocation from the Operating Partnership.
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Performance Participation means the performance participation for the Performance Period concerned, calculated in accordance with the provisions of paragraph 3.3.1;
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Performance Participation has the meaning set forth in the Operating Partnership Agreement.
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Examples of Performance Participation in a sentence

  • Management Fee and Performance Participation AllocationThe Advisor is entitled to an annual management fee equal to 1.25% of the Company’s NAV, payable monthly as compensation for the services it provides to the Company.

  • Occupational therapy: Performance, Participation, and Well-being.

  • All financial information presented in Rand has been rounded to the nearest million (R million) except where otherwise indicated.All other accounting policies are consistent with IFRS , inter alia, financial instruments; expected taxation cashflows; taxation; Performance Participation and cash and cash equivalents where IFRS offers no accounting policy choice.

  • R millionThe annualised growth in Intrinsic Portfolio Value for the reporting period amounted to 1.3%, no Performance Participation has been recognised.

  • PERFORMANCE PARTICIPATIONThe Performance Participation is an equity-settled share-based payment accounted for in accordance with the provisions of IFRS 2, Share-based Payments.

  • In terms of the API Capital acquisition, API Capital has irrevocably waived its right to receive a Performance Participation, as provided for in the Partnership Agreement, and there will accordingly be no conversion of the 300 million unlisted B ordinary shares currently held by API Capital to A ordinary shares.

  • Turnover has grown in most years and is projected to grow strongly in the current fiscal year (2017/18).

  • Accounting Policies and ChoicesThe Performance Participation is an equity-settled share-based payment accounted for in accordance with the provisions of IFRS 2, Share-based Payments.

  • The return will therefore be calculated on the total NAV, including cash balances and the Performance Participation will only apply to returns above the Performance Hurdle.

  • The terms of the C Shares contain the current Performance Participation arrangement.


More Definitions of Performance Participation

Performance Participation has the meaning provided in Section 5.2(c) hereof.
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Performance Participation means 0.60.
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Related to Performance Participation

  • 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:

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • 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.

  • Performance Award means any right granted under Section 6(d) of the Plan.

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

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

  • Performance Share means an Award denominated in Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10.

  • Performance Unit Award means an award of Performance Units under this Plan.

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

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

  • 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.

  • Performance Share Unit or “PSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 6;

  • Performance Unit means an Award which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Shares or other securities or a combination of the foregoing pursuant to Section 10.

  • 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.

  • Performance Units means an Award which may be earned in whole or in part upon attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Defaulting Participant means a Participant which the Project Committee has declared to be in substantial breach of this Consortium Agreement or the PPP Allowance Agreement in accordance with Sections 3.5 and 6.5 of this Consortium Agreement;

  • 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.

  • Performance Award Formula means, for any Performance Award, a formula or table established by the Committee pursuant to Section 10.3 which provides the basis for computing the value of a Performance Award at one or more levels of attainment of the applicable Performance Goal(s) measured as of the end of the applicable Performance Period.

  • Cash Award means an award denominated in cash.

  • 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.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Incentive Award means the right to receive a cash payment to the extent Performance Goals are achieved, and shall include “Annual Incentive Awards” as described in Section 10 and “Long-Term Incentive Awards” as described in Section 11.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

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

  • Performance Share Units means Performance Share Units granted to an Eligible Individual under Section 9.1(b).

  • Performance Awards means Performance Units, Performance Shares or either or both of them.