Performance Point definition

Performance Point means the Network Rail Performance Point or the Nexus Performance Point, as the context requires;
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Performance Point means a point accruing on the occurrence of a Contract Delivery Indicator as defined in Schedule 6 (Contract Delivery Indicators);
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Performance Point means each point accruing on the occurrence of a Performance Measure, as more particularly set out in Schedule F;
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Examples of Performance Point in a sentence

  • The “Phantom Plan Performance Percentage” for each Participant shall initially be the Final Phantom Performance Percentage multiplied by the quotient obtained by dividing (x) the number of Phantom Performance Points allocated to such Participant by (y) 10,000,000, or, if the Total Phantom Performance Point Pool is greater than 10,000,000, the Total Phantom Performance Point Pool, and shall be further subject to reduction pursuant to Section 5(c) below.

  • The total number of Phantom Performance Points outstanding (after taking into account any adjustment made pursuant to Section 7) shall be referred to as the “Total Phantom Performance Point Pool”.

  • For each phase of the Implementation Period, the Test Success Criteria for: each Test that the Service Provider must Achieve for the ATP Milestone or a Contract Performance Point (“CPP”) Milestone, are set out in Annex 4; and all other Tests shall be agreed between the Parties as part of the relevant Test Plan pursuant to paragraph 5.

  • The Company shall act as such repository unless and until some other person is, by written notice from the Company to the Trustee and each Security registrar, designated by the Company to act as such.

  • The Negative Performance Point scale shall be based on the nature and severity of the non-compliance events, and will be specified with respect to pre-defined inspection checklists made available to the EPCC.

  • For avoidance of doubt, any forfeited Phantom Service Points and Phantom Performance Points shall be returned to the Phantom Service Point Pool and Phantom Performance Point Pool, respectively, and the Committee, in its discretion, may reallocate, by one or more separate grants, such forfeited Phantom Points to one or more employees who are eligible to participate in the Plan.

  • The main conceptual advantage of the CSM included in the CSCR-2002 is a result of the use of explicit constant ductility design spectra to calculate the Seismic Coefficient C, and its simplicity comes from a graphic procedure that facilitates the calculation of the Performance Point of the structure.

  • The Performance Point is then determined as the point where the required global ductility µGR, as defined in the seismic demand curves of the Sa-Sd spectra, coincides with the one calculated from the Capacity Spectrum curve and the Equivalent Yield Point (in the example, the Performance Point corresponds to a required ductility µGR = 1.7).

  • Preliminary Performance Point MeetingThe Preliminary Performance Point meeting takes place after the project’s initial Pre-Application meeting, and prior to the submission of a completed development application.

  • This meeting will guide Applicant’s actions to earn points from 915.07.D.1 or 915.07.D.2. Performance Point Summary SetThe Package of information submitted with the Zoning Development Review Application (ZDR) material that outlines compliance measures included in the proposal to satisfy the criteria for a particular Performance Point(s).


More Definitions of Performance Point

Performance Point means each point accruing on the occurrence of a Performance Measure, as more particularly set out in Schedule H; Performance Year means in respect of the first Performance Year, the period commencing on the date of commencement of the Full Operation Period (as determined in accordance with Clause 25 (Full Operation Period)) and ending on the last day of the fourth Quarter Month following the date of commencement of the Full Operation Period, and thereafter shall be each period of one year commencing on the day following the last day of the previous Performance Year; Permit to Use shall mean the Permit described in Clause 29 (Permit to Use); Person means any individual, firm, company, partnership, corporation, joint venture, association, trust, unincorporated association, agency, Government department or agency of the Crown (whether or not having separate legal personality); Personal Data shall have the same meaning as Section 1(1) of the Data Protection Xxx 0000 and for the purpose of the Contract shall be limited to personal data which is processed under or in connection with the Contract; Phase-in Period means the period defined in Clause 32 (Phase-in Period);
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Performance Point means a de-merit point awarded to the Project Co in respect of a Performance Point Event and calculated pursuant to paragraph 4;
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Performance Point means each point accruing on the occurrence of a Performance Measure, as more particularly set out in Schedule F; Performance Quarter means each of the four successive periods of three calendar months during the Performance Year; Performance Year means the year commencing on the first day of the first month following Full Operation Date and each year commencing on each anniversary of such day; Permitted Level means on any date the aggregate of:
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Performance Point means a point accruing on the occurrence of a Custodial Service Failure as set out in the column headed ‘Performance Points’ in the tables in paragraph 6 of Schedule 6 (Contract Delivery Indicators);
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Performance Point has the meaning given to it in the Project Agreement.
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Related to Performance Point

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

  • 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.

  • 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;

  • 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 Corridor means the acceptable range of results around a Performance Target;

  • Performance Objectives means the performance objective or objectives established by the Committee pursuant to the Plan. Any Performance Objectives may relate to the performance of the Company or one or more of its Subsidiaries, divisions, departments, units, functions, partnerships, joint ventures or minority investments, product lines or products, or the performance of the individual Participant, and may include, without limitation, the Performance Objectives set forth in Section 13(b). The Performance Objectives may be made relative to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Objectives as compared to various stock market indices. Performance Objectives may be stated as a combination of the listed factors.

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

  • Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:

  • Performance Monitoring System has the meaning given to it in paragraph 1.1.2 in Part B of Schedule 6 (Service Levels, Service Credits and Performance Monitoring);

  • Performance Date means December 31, 2022. If the Locality, in consultation with the Authority and VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, the Locality may, prior to the then-current Performance Date, request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Performance Data means a rating, ranking, quotation, discussion or analysis regarding an aspect of the investment performance of an investment fund, an asset allocation service, a security, an index or a benchmark;

  • 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 Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • 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.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Performance Factors means any of the factors selected by the Committee and specified in an Award Agreement, from among the following objective measures, either individually, alternatively or in any combination, applied to the Company as a whole or any business unit or Subsidiary, either individually, alternatively, or in any combination, on a GAAP or non-GAAP basis, and measured, to the extent applicable on an absolute basis or relative to a pre-established target, to determine whether the performance goals established by the Committee with respect to applicable Awards have been satisfied:

  • 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 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 Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.