Minimum Performance Standards. The ISO developed the Minimum Performance Standard(s) set forth below for each RMR Generator based on (a) the RMR Generator’s historical performance when scheduled to operate in real-time by the ISO, (b) any deferred maintenance, repair or capital expenditure costs that are included in RMR Avoidable Costs for an RMR Generator that can reasonably be expected to improve the RMR Generator’s performance, and (c) other factors that are specific to the particular RMR Generator for which the Minimum Performance Standard was developed. [ADD TABLE WITH THE MINIMUM PERFORMANCE STANDARD THAT THE ISO WILL APPLY TO EACH RMR GENERATOR THAT IS SUBJECT TO THE RMR AGREEMENT.]
Minimum Performance Standards. During the Term, XXX shall comply ----------------------------- with the Minimum Performance Standards described in this Section 5.8. The Minimum Performance Standards shall be calculated for each year of the Term based on the Initial Base Case Financial Model. The Minimum Performance Standards shall be measured on an annual basis consistent with the following: Years of Term Performance Criteria ------------- -------------------- 1 through 2 50% of projected Gross Revenues from the sale of Telecommunications Services for such year 3 through 4 75% of projected Gross Revenues from the sale of Telecommunications Services for such year 5 through 6 50% of the Operating Lease Payment amount in effect for such year 7 through 15 75% of the Operating Lease Payment amount in effect for such year
Minimum Performance Standards. During the Term, Gulfstream shall maintain the following minimum performance standards with respect to all Codeshare Flights operated pursuant to this Agreement (the “Minimum Performance Standards”):
Minimum Performance Standards. If LABCORP fails to meet the Minimum Performance Standards then EXACT shall have the right, upon written notice to LABCORP, to terminate the Exclusive Period and convert the license granted under Section 2.1 to a non-exclusive license for the remainder of Term. Notwithstanding the foregoing, EXACT shall not be permitted to exercise its rights under this Section 11.6.2 if EXACT has not achieved all of the milestones set forth on Schedule 4 hereto by [CONFIDENTIAL TREATMENT REQUESTED]/*/.
Minimum Performance Standards a. In the first Franchise Year (does not apply to Renewals), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee of $2,500.00 (approximately $31,250.00 of Gross Sales). In the second Franchise Year (does not apply to Renewals), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee of $5,000.00 (approximately $62,500.00 of Gross Sales). In the third and subsequent Franchise Years (including each Franchise Year during any Renewal period), Franchisee is required to produce a minimum volume of Gross Sales sufficient to produce a Minimum Royalty Fee each Franchise Year of $10,000.00 (approximately $125,000.00 Gross Sales per year) in order to retain the rights granted herein by V2K.
Minimum Performance Standards. The Minimum Performance Standards applicable to Worldspan’s performance of Airline Services pursuant to this Agreement are set forth below. Worldspan shall be deemed to have failed to meet any given Minimum Performance Standard during any given month if all the factors necessary to constitute compliance with that Minimum Performance Standard are not in existence at any time during that month.
Minimum Performance Standards. Minimum Operated Mileage Standard 100% Minimum Performance Standard Departing on Time: No less than 100.0% SCHEDULE IIA VEHICLE SPECIFICATION This Schedule comprises the following: Part 1 Vehicle Description Part 2 No longer used SCHEDULE IIA
Minimum Performance Standards. The Mobile Service Provider shall perform and deliver its services in accordance with the herein prescribed Minimum Performance Standards which shall be the basis for periodical Performance Review and Appriasal.
Minimum Performance Standards. Each Conservation Technician shall attend (in person or conference call) at least 4 training events per year and at least 10 monthly staff meetings per year as scheduled. The number of training events and monthly staff meetings attended shall be supported through the submission of agendas, presentations, and attendee sign-in lists (in PDF format) by each Conservation Technician to the SWCD Project Manager and the FDACS Project Manager by the 10th of each month for the previous month’s work. Note: Failure to meet the goals of Deliverable 5 by June 30 of each fiscal year will be subject to financial consequences as defined in Section VII. FINANCIAL CONSEQUENCES unless waived by both the Contract and Project Manager. Waiver of the above standard may only be granted when circumstances demand the Conservation Technician(s)’s time be focused on other projects or other justifiable circumstances (inclement weather, producer schedule, emergencies, etc.) that prevent meeting this standard. The FDACS Project Manager may allow the Conservation Technician(s) to substitute work that may count toward the overall quantity of Deliverable #5. The waiver/substitution will be documented on the CONSERVATION TECHNICIAN PERFORMANCE MONITORING. Deliverable #6: Submit the Contract Financial Close-out and Reconciliation reports and a copy of an annual audit. Provide the Contract Financial Close-out and Reconciliation reports and a copy of an annual audit. Sections 215.97, F.S. and 218.39, F.S. requires an annual financial audit of the RECIPIENT’s organization be conducted by a Certified Public Accountant.
Minimum Performance Standards. The RECIPIENT shall submit to FDACS:
