TSR Index definition

TSR Index mean the Rxxxxxx 2000 Index as maintained by FTSE International Limited and Fxxxx Xxxxxxx Company (FTSE Rxxxxxx) or their successor(s). If the Rxxxxxx 2000 Index ceases to be maintained or reported upon prior to the end of the relevant performance period, the Board may, at its discretion and acting in good faith, designate another index or group of companies to serve as a comparator group for the TSR Modifier as laid out in Section 3.2(b). Any companies that drop out of the Rxxxxxx 2000 Index during the relevant performance period set forth in this Agreement shall be excluded, as determined by the Board in its discretion and acting in good faith.
Sample 1Sample 2Sample 3
TSR Index means the following companies (subject to adjustment in accordance with the calculation of the Company’s Rank): KB Home; Meritage Homes; Hovnanian Enterprises; MDC Holdings; Beazer Homes USA; M/I Homes; Century Communities; LGI Homes; The New Home Company; TRI Pointe Group; Green Brick Partners; and Xxxxxx Xxxxxxxx.
Sample 1
TSR Index mean the Rxxxxxx 2000 Index as maintained by FTSE International Limited and Fxxxx Xxxxxxx Company (FTSE Rxxxxxx) or their successor(s). If the Rxxxxxx 2000 Index ceases to be maintained or reported upon prior to the end of the relevant performance period, the Board may, at its discretion and acting in good faith, designate another index or group of companies to serve as a 1 For award to Gxxxxx Xxxxxx only. comparator group for the TSR Modifier as laid out in Section 3.2(b). Any companies that drop out of the Rxxxxxx 2000 Index during the relevant performance period set forth in this Agreement shall be excluded, as determined by the Board in its discretion and acting in good faith.
Sample 1

Examples of TSR Index in a sentence

  • TSR for the Company and each other entity in the TSR Index shall be determined in accordance with the following formula.

  • As discussed in note 3, the Group uses the Monte Carlo model to value the TSR Peer and TSR Index Tranches and the Black-Scholes model to vale the EPS Tranche.

  • Determination of TSR: TSR for the Company and each other entity in the TSR Index shall be determined in accordance with the following formula.

  • If the Company’s Percentile equals the Percentile achieved by a Rank of one in the TSR Index, the Payout Percentage shall be 200%.

  • The interim condensed financial statements for the period ended 31 March 2021 have been prepared in accordance with International Accounting Standard (IAS) 34, ‘Interim financial reporting’ and as such do not include all the information and disclosures required in the annual financial statements.

  • TSR for the Company and each other entity in the TSR Index shall be determined in accordance with the following formula: TSR shall be calculated by dividing (a) the Closing Average Share Value by (b) the Opening Average Share Value, expressed as a percentage.

  • The performance condition as it applies to another 25% of each LTIP4 award (the 'TSR Index Tranche') is based on the Group's total shareholder return compared with the total shareholder return of the companies constituting the FTSE250 index (excluding investment trusts and financial services companies) over three years commencing on 1 January 2020.

  • Transitional Services do not include (i) any of the excluded services identified in Section 5 below, or otherwise covered by the IT Agreement, or (ii) any other services which Ford would not be legally permitted to provide to Visteon (or its Subsidiaries or Affiliates) from time to time.

  • Achievement of the Performance Goal shall be determined by the percentile rank of the Company’s TSR relative to the TSR of each other entity in the TSR Index.

  • The TSR Index for BlueScope Steel as at 30 June 2010 was 126.68 compared to 190.50 for the S&P/ASX 100.

Related to TSR Index

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • SOFR IndexEnd means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the Interest Payment Date relating to such Interest Accrual Period (or in the final Interest Accrual Period, the Maturity Date).

  • CPI Index is defined in Section 2.1(c) of this Agreement.

  • RPIX Index shall have the meaning given to it in paragraph 5.4 of Schedule 3 (Charging Structure) of this Framework Agreement;

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.

  • SOFR IndexStart means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the first date of the relevant Interest Accrual Period (a "SOFR Index Determination Date").

  • CMT Index Not applicable.

  • Base Index means the most recent Consumer Price Index published immediately prior to the Commencement Date.

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Base Index Figure means (subject to Condition 4.3(i)) the base index figure as specified in the relevant Final Terms;

  • Compounded Index means either the SONIA Compounded Index or the SOFR Compounded Index, as specified in the relevant Final Terms;

  • Final Index Price means the average of the Index Prices for the 20 consecutive full trading days ending on the trading day prior to the Determination Date.

  • LIBOR Index means the British Bankers Association's (BBA) one (1) month LIBOR Rate for United States Dollar deposits, as displayed on the LIBOR Index Page used to establish the LIBOR Index Rate.

  • Index Group means the NASDAQ Bank Index.

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Reference Index means each of the indices comprising the Reference Portfolio.

  • Case-mix index means an arithmetical index measuring the relative average costliness of outpatient cases treated in a hospital, compared to the statewide average.

  • Peer Group means the group of companies, as more particularly set forth on attached Exhibit A, against which the Relative Total Shareholder Return of the Company is measured over the Incentive Period.

  • Successor Index means any substitute index approved by the Calculation Agent as a Successor Index pursuant to Section 3 hereof.

  • Initial Index Price means the sum of each per share closing price of the common stock of each company comprising the Index Group multiplied by the applicable weighting, as such prices are reported on the consolidated transactions reporting system for the market or exchange on which such common stock is principally traded, on the trading day immediately preceding the public announcement of the Agreement.

  • TSR means total shareholder return.

  • Treasury Index Rate means the average yield to maturity for actively traded marketable U.S. Treasury fixed interest rate securities having the same number of 30-day periods to maturity as the length of the applicable Dividend Period, determined, to the extent necessary, by linear interpolation based upon the yield for such securities having the next shorter and next longer number of 30-day periods to maturity treating all Dividend Periods with a length greater than the longest maturity for such securities as having a length equal to such longest maturity, in all cases based upon data set forth in the most recent weekly statistical release published by the Board of Governors of the Federal Reserve System (currently in H.15 (519)); provided, however, if the most recent such statistical release shall not have been published during the 15 days preceding the date of computation, the foregoing computations shall be based upon the average of comparable data as quoted to the Trust by at least three recognized dealers in U.S. government securities selected by the Trust.