Target XXX definition

Target XXX means the budgeted return on equity for the Employer for the Agreement Year of reference as determined in accordance with Subsection (b).
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Target XXX is _____ percent; and his "Maximum XXX" is _____ percent. If, at the end of the Performance Period, the Company's Average XXX is equal to the Threshold XXX, the Participant will be entitled to receive 50 percent of the Target XXX Award; if the Company's Average XXX is equal to the Target XXX, the Participant will be entitled to receive 100 percent of the Target XXX Award; and if the Company's Average XXX is equal to or greater than the Maximum XXX, the Participant will be entitled to receive 150 percent of the Target XXX Award. If the Company's Average XXX is otherwise between the Threshold XXX and the Maximum XXX, the number of Performance Shares that the Participant is entitled to receive will be calculated using a straight-line interpolation. If the Company's Average XXX is less than the Threshold XXX, the Participant will not be entitled to receive any Shares as part of his Target XXX Award. In no event will the Participant be entitled to receive pursuant to this Agreement more than 150 percent of the Target XXX Award.
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Target XXX has the meaning set forth in Section 6.9 of the 2016 Coal Supply Agreement; and (v) “True-Up Payment” has the meaning set forth in Section 3 of Exhibit 6.9(a) of the 2016 Coal Supply Agreement.
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Examples of Target XXX in a sentence

  • If the Company’s Average XXX is less than the Threshold XXX, the Participant will not be entitled to receive any Shares as part of his Target XXX Award.

  • In no event will the Participant be entitled to receive pursuant to this Agreement more than 200 percent of the Target XXX Award.

  • If, at the end of the Performance Period, the Company’s Average XXX is equal to the Threshold XXX, the Participant will be entitled to receive 50 percent of the Target XXX Award; if the Company’s Average XXX is equal to the Target XXX, the Participant will be entitled to receive 100 percent of the Target XXX Award; and if the Company’s Average XXX is equal to or greater than the Maximum XXX, the Participant will be entitled to receive 200 percent of the Target XXX Award.

  • In no event will the Participant be entitled to receive pursuant to this Agreement more than two hundred percent (200%) of the Target XXX Award.

  • If the Company’s Average XXX is less than the Threshold XXX, the Participant will not be entitled to receive any Shares as part of Participant’s Target XXX Award.

  • Applicable company goals and your accompanying awards are as follows: CORPORATE FINANCIAL PERFORMANCE Award Payout Schedule as a % of Base Salary Pre-Tax Income Your Award Potential Maximum (XXX% of goal) $XXXXXXX X%of base salary Target (XXX% of goal) $XXXXXXX X%of base salary Threshold (XX% of goal) $XXXXXXX X% of base salary Pre-tax income results must fully reach the threshold level to result in an award payout.

  • For purposes of determining the number of Performance Stock Units that vest pursuant to this Section 7, the Committee shall use Target Relative Shareholder Return, Target XXX (90% of Allowed XXX) and Target Regulated Asset Base (95% of Projected Asset Base) for the 3-year Performance Period.

  • Lead Officer Chief Officer – Community and Enterprise2015/16Baseline Data tbc tbc tbc 2016/17 Target XXX XXX XXX2017/18Aspirational Target XXX XXX XXX 2.

  • Should the actual sustainable profit after tax (before cost of debt) achieved for the 2017 Profit Period be less than the 2017 Target XXX, the Second Tranche will effectively be reduced, in proportion to Trellidor’s shareholding in Subco, by R5.50 for each Rand of such shortfall.

  • The Target XXX - FLPTACS for CLD for 1999 and 2000 shall be determined by January 15 of each respective Fiscal Year, as mutually agreed upon by Employer and Officer.


More Definitions of Target XXX

Target XXX means the percentage determined by the Committee, in its sole discretion, for each Plan Year. For the initial Plan Year, which is 2001, the percentage is 21%.
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Related to Target XXX

  • Xx. Xxxx xxxxx Xxxxxx Xxxxxx generally accepted accounting principles consistently applied.

  • Xxxx XXX Means an individual retirement account as defined in Code Section 408A.

  • Xxxx Xxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxx Xxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • XXX Xxx xxans the Hart-Xxxxx-Xxxxxx Xxxitrust Improvements Act of 1976, as amended.

  • Xxxxx XX The segregated pool of assets consisting of all of the REMIC I Regular Interests conveyed in trust to the Trustee, for the benefit of the Holders of the REMIC II Regular Interests and the Holders of the Class R (as holders of the Class R-II Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.

  • XX Xxxxx “Xxx Xxxxxxx”

  • Xxxxx Xxxx has the same meaning as “CAISO Controlled Grid” as defined in the CAISO Tariff.

  • Xxxxxx Xxx The Federal National Mortgage Association or any successor thereto.

  • Xxx Xxxxx “Xxxxxxx Xxxxxxxxx”

  • Xxxx Xxxxx Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxx Xxxx “Xxx Xxxxxxx”

  • Xxxxxxx Xxx 0000 means the Xxxxxxx Xxx 0000 and any subordinate legislation made under that Act from time to time together with any guidance or codes of practice issued by the relevant government department concerning the legislation.

  • Xxxx Xxxxxx “Xxx Xxxx”

  • X.X. Xxxxxx shall have the meaning set forth in the preamble.

  • Xxx Xxxxxx Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxx Xxxxx “Xxx Xxxxxx”

  • Xxxxx Xxxxxx Xxxx Xxxxxx”

  • Xxxxxx Xxxxx Xxxx Xxxxxx”

  • Xxxxxxx Xxxx Xxxx Xxxxx”

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Xxxx Xxxxxxx Xxxxxx Xxxxx” ”Xxxxxx Xxxxxx” ”Xxxxx Xxxxxxxx”

  • Year 3 means the school year in which the majority of pupils attain the age of eight;

  • Xxx Xxxxxxx “Xxxxx Xxxxxxx” “Xxxxx Xxxxx”

  • Year 2 means the year after year 1; year 3 means the year after year 2, year 4 means the year after year 3, and so on; and

  • Year 1 means the year next following the export date and “year” followed immediately by any other numeral has a corresponding meaning; reference in this Agreement to an Act shall include the amendments to such Act for the time being in force and also any Act passed in substitution therefor or in lieu thereof and the regulations for the time being in force thereunder; power given under any clause of this Agreement other than clause 17 hereof to extend any period or date shall be without prejudice to the power of the Minister under the said clause 17; marginal notes shall not affect the interpretation or construction hereof; the phases in which it is contemplated that this Agreement will operate are as follows —