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RCF Margin definition

RCF Margin represents the Company’s total revenue less restaurant operating costs (exclusive of depreciation and amortization), expressed as a percentage of the Company’s total revenue, for the applicable Company fiscal year. RCF Margin shall be determined in accordance with generally accepted accounting principles as in effect on the first day of the applicable Performance Period. 
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RCF Margin means, for any fiscal year, (i) the Company’s total revenue less restaurant operating costs (excluding depreciation and amortization), divided by (ii) the Company’s total revenue. RCF Margin shall be determined in accordance with generally accepted accounting principles as in effect on the first day of the applicable Performance Period.  The calculation of Baseline Delivery Cost and Non-Baseline Delivery Cost shall be performed by the Company’s finance team and reviewed and approved by the Committee, and the Committee’s determination shall be final.   For each non-COVID Impacted Month after February 2020, the COVID Increase in Delivery Cost will need to be calculated. Below is an example of the calculation using figures from the month ended August 31, 2020. 
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Examples of RCF Margin in a sentence

  • If the level of performance for either 3 Year CRS Growth, 2 Year Average RCF Margin or both falls between two stated performance levels in the Performance Goal Table, the Payout Percentage shall be determined under the heading “Interpolation” below.

  • By: /s/ Xxxx Xxxxxxxxxx By: Xxxx Xxxxxxxxxx Chairman, Compensation Committee The performance criteria under this Incentive Award shall be 3 Year CRS Growth (for the period from January 1, 2018 to December 31, 2020) and 2 Year Average RCF Margin (for the period from January 1, 2019 to December 31, 2020), as such terms are defined below.

  • Assume that 2 Year Average RCF Margin is 19.5% and 3-Year CRS Growth is 4.75%.

  • Seth forth below are additional examples illustrating the interpolation method used to determine Payout Percentages when the level of performance for either 3 Year CRS Growth, 2 Year Average RCF Margin or both falls between two stated performance levels in the Performance Goal Table in Appendix A.

  • If the level of performance for either 3 Year CRS Growth, 3 Year Average RCF Margin or both falls between two stated performance levels in the Performance Goal Table, the Payout Percentage shall be determined under the heading “Interpolation” below.

  • A 2014 Urban Institute study funded by the Foundation found that single women with children face the greatest risk of poverty in our region.PLACEThe Foundation’s newly established 100 Percent Pittsburgh organizing principle is working to address this vulnerability.

  • Assume that 2 Year Average RCF Margin is 20.9% and 3-Year CRS Growth is 4.9%.

  • By: /s/ Xxxxxxx Xxxxxxx  Chief People Officer 6 Appendix A to 2020 Performance Share Agreement  The performance criteria under this Performance Share Award shall be 3 Year CRS Growth and 3 Year Average RCF Margin, as such terms are defined below.

  • Notwithstanding the foregoing, if the Committee certifies that a Force Majeure Event has occurred and RCF Margin and/or CRS Growth, calculated on a consolidated company-wide basis, is “Significantly Impacted,” the calculation of RCF Margin and/or CRS Growth shall be adjusted in the manner outlined below.

  • No PSUs will be earned if either (i) the average RCF Margin is less than 19.0%, or (ii) the CRS growth is less than 3.5%, and no more than 300% of the target number of shares can be earned.

Related to RCF Margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].

  • LIBOR Margin has the meaning given that term in Section 2.2.(c)(ii)(D).

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Note Margin With respect to each Mortgage Loan, the fixed percentage set forth in the related Mortgage Note and indicated in Exhibit One hereto as the "NOTE MARGIN," which percentage is added to the Index on each Adjustment Date to determine (subject to rounding in accordance with the related Mortgage Note, the Periodic Cap, the Maximum Mortgage Rate and the Minimum Mortgage Rate) the interest rate to be borne by such Mortgage Loan until the next Adjustment Date.

  • Hedged Margin for CFD trading shall mean the necessary margin required by the Company so as to open and maintain Matched Positions.

  • Retail margin means an amount, reflecting differences in

  • Interest Margin or "rm" means the percentage specified as such in the table below. The Calculation Agent may adjust the Interest Margin, acting in good faith and in a commercially reasonable manner, to reflect any disparity between the Reference Interest Rate and the Issuer's funding rate, save that the Interest Margin will not be less than the Minimum Interest Margin and will not exceed the Maximum Interest Margin;

  • Applicable Margin means, with respect to Advances of any Type at any time, the percentage rate per annum which is applicable at such time with respect to Advances of such Type as set forth in the Pricing Schedule.

  • Applicable ABR Margin means, at any date:

  • First Margin means the margin specified as such in the applicable Final Terms; "First Reset Date" means the date specified in the applicable Final Terms;

  • Applicable Commitment Fee Margin means, for each Pricing Period, the margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: II 10.0 V 17.5

  • Applicable Unused Line Fee Margin means the per annum fee, from time to time in effect, payable in respect of Borrowers’ non-use of committed funds pursuant to Section 1.9(b), which fee is determined by reference to Section 1.5(a).

  • Applicable LIBOR Margin means, at any date:

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Base Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • LIBOR Rate Margin has the meaning set forth in the definition of Applicable Margin.

  • Applicable Margins means collectively the Applicable Revolver Index Margin, the Applicable Term Loan Index Margin, the Applicable Revolver LIBOR Margin and the Applicable Term Loan LIBOR Margin.

  • Applicable Eurocurrency Margin means, as at any date of determination, the rate per annum then applicable to Eurocurrency Rate Loans determined in accordance with the provisions of Section 2.14(D)(ii) hereof.

  • Prime Rate Margin is one-quarter of one percent (0.25%).

  • Necessary Margin means the margin required by the Company to maintain Open Positions. The details for each Instrument are specified in the Contract Specifications.

  • Applicable Base Rate Margin means, on any day, a rate per annum equal to the higher of (a) the Applicable Eurocurrency Margin for such day minus 1.00% and (b) 0.00%.

  • Applicable Prime Rate Margin shall have the meaning provided in section 2.7(g).

  • Applicable Eurodollar Rate Margin means, with respect to any Eurodollar Rate Advance, for each Pricing Period, the interest rate margin set forth below (expressed in basis points per annum) opposite the Applicable Pricing Level for that Pricing Period: I 50.0 II 62.5 III 75.0 IV 87.5 V 100.0

  • Reset Margin means the margin specified in the applicable Final Terms;

Most Referenced Clauses

Most Referenced Definitions