Total Incentive Amount definition

Total Incentive Amount means the total cash incentives the Applicant may receive under the Scheme, which shall be the sum derived by multiplying the Qualifying Costs by the Percentage Qualifying Costs. ‘Percentage Qualifying Costs’ shall have the meaning assigned in paragraph 5.1 of these Guidelines.
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Total Incentive Amount means the total cash incentives the Applicant may receive under the Scheme.
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Examples of Total Incentive Amount in a sentence

  • The Total Incentive Amount would then be 40% of the Qualifying Costs, i.e. S$1,400,000 of the Cost of the Retrofitting works subject to the corresponding Incentive Amount Cap of $2,250,000 as shown in Table 4.

  • We believe this is not prudent given all of the risk considerations outlined in this document.A search of the ten largest non-residential construction projects in California in 2005 show that only two of the ten would be directly affected by the proposed OSFM amendments – a pharmaceutical manufacturing facility and a hotel for a total project value $252 million out of a total ‘all construction’ value of $ 14.4 billion.

  • Estimated Total Incentive Amount TT Percentage x Estimated Qualifying Costs = $4,000,000 * 50% = $2,000,000 (IA cap at $3,000,000) First TrancheAssuming the Applicant incurs actual costs of S$250,000 (excluding GST) for Professional Services, BCA shall disburse the lower of the corresponding FT Percentage or the actual costs incurred for the Professional Services.

  • Calculations under the First Tranche Total Incentive Amount x Corresponding FT Percentage= $2,000,000 x 10%= $200,000Since the actual costs incurred for Professional Services is S$250,000 and the actual costs is well below the FT Cap of S$600,000, BCA shall disburse the sum of S$200,000.Second TrancheAssuming that pursuant to the Green Mark assessment, the Building attains the Green Mark Platinum rating.

  • Total Incentive Amount Disbursement under the Third Tranche= Total Incentive Amount (subject to cap) – (First Tranche Disbursement + Second Tranche Disbursement) = $2,000,000 – ($250,000 + $750,000) = $1,000,000 Scenario 2Assuming that the verified Aircon System Efficiency is 0.63 kW/RT, which is higher than the targeted at 0.6 kW/RT.

  • Therefore, the Total Incentive Amount for any Project shall be calculated as the amount of incentive funding requested per kWh generated over the first five (5) years after the Solar Installation is placed in service, taking into account the corresponding annual de-rating of the Solar Installation caused by degradation.

  • Calculations under the First Tranche Total Incentive Amount x Corresponding FT Percentage= $2,000,000 x 10%= $200,000Since the actual costs incurred for Professional Services is S$250,000 and the actual costs is well below the FT Cap of S$600,000, BCA shall disburse the sum of S $200,000.

  • PROJECT INCENTIVE AMOUNT ??50% of the Total Incentive Amount (plus any Monthly Incentive Amounts not awarded).

  • Examples of the calculation of the Total Incentive Amount are provided below.For purposes of evaluating the Applications received, the energy production of the Solar Installation(s) shall be estimated using PVSYST, PVWatts or other commercially available software that follows industry standards and best practices.

  • Proposals will be awarded incentives until available funds for the funding period are exhausted based on the size of incentive per kWh, with the lowest Total Incentive Amount (on a per kWh basis) awarded higher scoring, as well as energy production per area occupied (calculated as kWh per square feet), with greater energy production per area awarded higher scoring.

Related to Total Incentive Amount

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive's Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive's target annual incentive bonus for the year in which the Date of Termination occurs.

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Average Bonus means the average of the bonuses paid to Employee over the last two years (or such lesser number of years in which Employee was eligible to receive a bonus) in which the Employee was eligible to receive a bonus.

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Annual Incentive Award means an Award made subject to attainment of performance goals (as described in Section 14) over a performance period of up to one year (the Company’s fiscal year, unless otherwise specified by the Committee).

  • Average Annual Bonus means the average of the annual bonuses (if any) from the Company earned by the Executive with respect to the Bonus Fiscal Years during all or any portion of which the Executive was employed by the Company; and, provided, further, that, if the Executive was not employed by the Company during all or any portion of any of the Bonus Fiscal Years, “Average Annual Bonus” means zero.

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Cash Bonus means an award of a bonus payable in cash pursuant to Section 10 hereof.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Target Bonus means the target Bonus established for Executive, whether expressed as a percentage of Base Salary or a dollar amount.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Final average salary means whichever of the following is greater:

  • Target Annual Bonus has the meaning set forth in Subsection 3b.

  • Cash Incentive Award means a cash award granted pursuant to Section 8 of this Plan.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Payout Amount means the vested portion of the Final Amount expressed as an amount of cash equal to the Fair Market Value of the shares of Stock underlying the RSUs and related Dividend Equivalents.

  • Base Period Income Base Period Income" is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.