Performance Payment. Refers to payments made to Applicant based on the kWh of Load Relief provided by an Aggregation during a Term-DLM or Auto-DLM Event, which will be calculated at a dollar amount equal to $1/kWh multiplied by the average hourly kWh of Load Relief provided by an Aggregation during an Event multiplied by the number of Event hours. For Test Events, the kWh of Load Relief used to calculate Performance Payments will not exceed the product of the Aggregation’s Portfolio Quantity and the length of the Test Event.
Performance Payment. The Interpretive Center will perform the work as described in Exhibit A and submit requests for payment within forty-five days of each accepted and audited task. The maximum amount to be reimbursed under this agreement is $55,000 as further described in Exhibit A.
Performance Payment. The per member per month (pmpm) annual payment to Program Provider made to Program Provider retrospectively for performance of the CTC Milestones and as further described in this Appendix. Measurement Period or MP: Each 12-month period during which the Program is in effect. Each Measurement Period will begin on July 1st and end on June 30th of the applicable year.
Performance Payment. VPm = DSFm × VOMm x DMDm where, DMDm = The number of Delivery Days in Delivery Month m VOMm = Variable Price for Delivery Month m pursuant to Appendix IV
Performance Payment. (a) As used herein:
Performance Payment. (a) The Training Provider shall perform the Services with the aim of achieving payment of the full Performance Payment for each College.
Performance Payment. The performance payment for each College is as set out below (the Performance Payment): College Performance Payment Academic Year 1 Performance Payment Academic Year 2 Performance Payment Academic Year 2 Al-Baha College of Technology SAR 2,075,000 SAR 2,138,000 SAR 2,126,000 The Performance Payment will be fixed for the Initial Term (subject to inflation in accordance with the US Consumer Price Index starting from the second academic year). The Performance Payment will be paid to the Training Provider based on Milestone and KPI achievements as follows:
Performance Payment. As part of the Incentive Compensation outlined in Section 3., Executive is entitled to a Performance Bonus Payment in addition to their Minimum Annual Compensation. This Performance Payment will be calculated as the greater of what is listed below or the Incentive Compensation approved for the Executive by the Board:
Performance Payment. Global will pay to Lodemo an incentive to reduce costs of operation of the Project, Farm and Facilities. Lodemo will be paid 20% of the reduction in actual direct costs (Allowable Costs) below the approved annual Budget for each year it reduces said costs. This cost reduction applies to all costs including land leases and other direct costs. This reduction may not in any way adversely impact quality of Product, worker treatment, safety or long term viability of the Farm or Project or violate any law or environmental rule or policy.
Performance Payment. All covenants, agreements, and conditions contained in this Agreement to be performed or complied with by Purchaser on or prior to the Closing Date, including the payment of the Purchase Price as consideration for the Note and Warrants shall have been performed or complied with.
