Targets of the Participant Sample Clauses

Targets of the Participant. As a general rule, the Participant of the Municipalities’ Energy Efficiency Agreement sets an indicative energy savings target of at least 7.5% for 2017–2025 and an intermediate target of 4% for 2020, on joining the agreement. A participant that has participated in the previous agreement period (2008–2016) and wants to use the sav- ings that are reported into the monitoring system of the Energy Efficiency Agreement scheme and imple- mented during the period of 2014–2016, must set an indicative energy savings target of at least 10.5% for 2014–2025 and an intermediate target of 7% for 2020. In the accession details of the Participant’s Energy Efficiency Agreement, the Participant’s indicative energy savings target is presented as the amount of end-use energy (MWh) in 2020 and 2025. The target is calculated from the amount of energy determined in accordance with section 4. The data used in the calculation is the data from the latest calendar year available. Based on a written proposal of the Participant, the indicative energy savings targets (MWh) for 2020 and 2025 can be adjusted during the agreement period by a decision of the Energy Authority referred to in section 8, if the Participant’s energy use within the scope of the agreement fundamentally changes from the time of ac- cession, due to structural or ownership changes that have taken place during the validity of the agreement. The municipality’s targets, actions and obligations related to the execution of the agreement are described in section 6.
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Targets of the Participant. 2.2.1 Target of the Participant to improve the efficiency of the energy use of its own operations Setting the target As a general rule, achieving the indicative target of the Action Plan requires that each participant joining this Action Plan sets an indicative energy savings target of at least 7.5% for 2017–2025 and an intermediate target of 4% for 2020 when they join the Energy Efficiency Agreement (2017–2025). A Participant that has participated in the previous agreement period and wants to use the savings reported to the monitoring system of the Energy Efficiency Agreement scheme concerning the actions implemented dur- ing the period of 2014–2016, must set an indicative energy savings target of at least 10.5% for 2014–2025 and an intermediate target of 7% for 2020. The Participant includes all of its energy use in the Property and Building Sector Energy Efficiency Agreement, as referred to in section 1.3. On joining the Action Plan, the Participant presents an indicative energy savings target in its accession document as the amount of energy (MWh) in 2020 and 2025. These targets are calcu- lated from the amount of energy, included in this Action plan, that represents the Participant’s normal opera- tion during the latest calendar year available at the time of accession. If the relative (%) improvement target set by the Participant changes fundamentally from the original due to significant structural or ownership changes that have taken place during the validity of the agreement, the Participant may adjust the savings target (MWh) to correspond with the new situation by agreeing on the matter with RAKLI and reporting the change and its reasons in connection with the next annual reporting fol- lowing the change into the monitoring system of the Energy Efficiency Agreement scheme. 3 If necessary, the Participant can also join the branch-specific Action Plans of the Energy Efficiency Agreement for Indus- tries, if the energy use to be possibly included in them does not overlap with the energy use included in the Property and Building Sector Energy Efficiency Agreement. Monitoring the achievement of the energy savings target set by the Participant An action can be accepted for monitoring the achievement of an indicative energy savings target, if the action is implemented during the period for setting the savings target (2017–2025 or 2014–2025, as described above) selected by the Participant and specified in the accession document, if it is reported to the m...
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Targets of the Participant concerning property maintenance The Participant ensures that the targets for improving the efficiency of energy use required by this Action plan are taken into consideration when defining tasks of the companies providing property maintenance services for the building stock within the scope of this Action Plan, when selecting such companies on the basis of tendering, and when making property maintenance agreements.
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Targets of the Participant 
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Related to Targets of the Participant

  • Death of the Participant The Advisory Committee will direct the Trustee, in accordance with this Section 6.01(C), to distribute to the Participant's Beneficiary the Participant's Nonforfeitable Accrued Benefit remaining in the Trust at the time of the Participant's death. Subject to the requirements of Section 6.04, the Advisory Committee will determine the death benefit by reducing the Participant's Nonforfeitable Accrued Benefit by any security interest the Plan has against that Nonforfeitable Accrued Benefit by reason of an outstanding Participant loan.

  • Participant See Section 7(a) hereof.

  • Participants The Lender and its participants, if any, are not partners or joint venturers, and the Lender shall not have any liability or responsibility for any obligation, act or omission of any of its participants. All rights and powers specifically conferred upon the Lender may be transferred or delegated to any of the Lender's participants, successors or assigns.

  • Participants and SPVs In addition to the other rights provided in this Section 9.9, each Lender may, (x) with notice to Agents, grant to an SPV the option to make all or any part of any Loan that such Lender would otherwise be required to make hereunder (and the exercise of such option by such SPV and the making of Loans pursuant thereto shall satisfy the obligation of such Lender to make such Loans hereunder) and such SPV may assign to such Lender the right to receive payment with respect to any Obligation and (y) without notice to or consent from Agents or the Borrowers, sell participations to one or more Persons in or to all or a portion of its rights and obligations under the Loan Documents (including all its rights and obligations with respect to the Revolving Loans and Letters of Credit); provided, however, that, whether as a result of any term of any Loan Document or of such grant or participation, (i) no such SPV or participant shall have a commitment, or be deemed to have made an offer to commit, to make Loans hereunder, and, except as provided in the applicable option agreement, none shall be liable for any obligation of such Lender hereunder, (ii) such Lender’s rights and obligations, and the rights and obligations of the Credit Parties and the Secured Parties towards such Lender, under any Loan Document shall remain unchanged and each other party hereto shall continue to deal solely with such Lender, which shall remain the holder of the Obligations in the Register, except that (A) each such participant and SPV shall be entitled to the benefit of Article X, but, with respect to Section 10.1, only to the extent such participant or SPV delivers the tax forms such Lender is required to collect pursuant to subsection 10.1(f) and then only to the extent of any amount to which such Lender would be entitled in the absence of any such grant or participation and (B) each such SPV may receive other payments that would otherwise be made to such Lender with respect to Loans funded by such SPV to the extent provided in the applicable option agreement and set forth in a notice provided to Agent by such SPV and such Lender, provided, however, that in no case (including pursuant to clause (A) or (B) above) shall an SPV or participant have the right to enforce any of the terms of any Loan Document, and (iii) the consent of such SPV or participant shall not be required (either directly, as a restraint on such Lender’s ability to consent hereunder or otherwise) for any amendments, waivers or consents with respect to any Loan Document or to exercise or refrain from exercising any powers or rights such Lender may have under or in respect of the Loan Documents (including the right to enforce or direct enforcement of the Obligations), except for those described in clauses (ii) and (iii) of subsection 9.1(a) with respect to amounts, or dates fixed for payment of amounts, to which such participant or SPV would otherwise be entitled and, in the case of participants, except for those described in clause (vi) of subsection 9.1(a). No party hereto shall institute (and the Borrowers and Holdings shall cause each other Credit Party not to institute) against any SPV grantee of an option pursuant to this clause (f) any bankruptcy, reorganization, insolvency, liquidation or similar proceeding, prior to the date that is one year and one day after the payment in full of all outstanding commercial paper of such SPV; provided, however, that each Lender having designated an SPV as such agrees to indemnify each Indemnitee against any Liability that may be incurred by, or asserted against, such Indemnitee as a result of failing to institute such proceeding (including a failure to get reimbursed by such SPV for any such Liability). The agreement in the preceding sentence shall survive the termination of the Commitments and the payment in full of the Obligations.

  • Incentive Award The three (3) year rolling average of earnings growth and Return On Equity (the "XXX") and determined as of December 31 of each plan year shall determine the Director's Incentive Award Percentage, in accordance with the attached Schedule A. The chart on Schedule A is specifically subject to change annually at the sole discretion of the Company's Board of Directors. The Incentive Award is calculated annually by taking the Director's Annual Fees for the Plan Year in which the XXX and Earnings Growth was calculated times the Incentive Award Percentage.

  • Death of Participant Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

  • Eligible Employee For purposes of the SIMPLE 401(k) Plan provisions, any Employee who is entitled to make Elective Deferrals under the terms of the SIMPLE 401(k) Plan.

  • Performance Pay In accordance with Section 8 of the General Appropriations Act for Fiscal Year 2020-2021, contingent upon the availability of funds and at the Agency Head’s discretion, each agency is authorized to grant merit pay increases based on the employee’s exemplary performance, as evidenced by a performance evaluation conducted pursuant to Rule 60L-35, Florida Administrative Code.

  • Participant Contributions If Participant contributions are permitted, complete (a), (b), and (c). Otherwise complete (d).

  • Performance Goal (a) Subject to the following sentence, the Performance Goal is set out in Appendix A hereto, which Appendix A is incorporated by reference herein and made a part hereof. Notwithstanding the foregoing, the provisions of Section 13 or any other provision of A-1 this Agreement to the contrary, the Committee reserves the right to unilaterally change or otherwise modify the Performance Goal in any manner whatsoever (including substituting a new Performance Goal), but only to the extent that the Committee has first determined that the exercise of such discretion would not cause the Performance Share Units to fail to qualify as “performance-based compensation” under Section 162(m) of the Code. If the Committee exercises such discretionary authority to any extent, the Committee shall provide the Grantee with a new Appendix A in substitution for the Appendix A attached hereto, and such new Appendix A and the Performance Goal set out therein (rather than the Appendix A attached hereto and the Performance Goal set out therein) shall in all events apply for all purposes of this Agreement.

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