Actual Performance definition
Actual Performance means, with respect to any unvested Titanium OP Incentive Unit that is subject to performance-based vesting and any unvested Titanium PSU Award, as applicable, the average of the actual performance achievement, determined as of the Effective Time, of the two performance metrics applicable to each such grant, as such actual performance achievement with respect to each individual metric is otherwise determined in accordance with the terms of the applicable Titanium Equity Award agreement. An “Affiliate” of any Person means another Person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such first Person. For purposes of this definition, “control(s)” means possession, directly or indirectly, of the power to designate and direct or cause the designation and direction of the management and policies of a Person, whether through the ownership of voting securities, by contract, or otherwise. For the avoidance of doubt, a Person shall be deemed to control another Person if such Person is the sole general partner, sole managing general partner or sole managing member of such other Person. The terms “controlled by” and “under common control with” shall have correlative meanings.
Actual Performance shall be an amount equal to the sum of actual (i) Revenue Factor, (ii) EBITDA Factor and (iii) Net Income Factor, for any Performance Year.
Actual Performance for each Investment shall mean, at the time of calculation, an amount equivalent to the balance of a notional bank account earning interest at the rate of return specified in the Performance Fee Calculation (compounded annually with full reinvestment of interest income):
Examples of Actual Performance in a sentence
Actual Performance Describe the success of the project in terms of achieving its intended impact objective and performance indicators.
The Target and Actual Performance Data boxes are each divided into three columns: Raw Number; Ratio; and Percentage (%).
Only quantitative (numeric) data should be entered in the Target and Actual Performance Data boxes.
Unless otherwise instructed by your program office in the attached “Dear Colleague Letter,” report baseline data collected during the first budget period under either the Raw Number column or the Ratio and Percentage (%) columns of the Actual Performance Data box, as appropriate.
In addition, the Executive or Executive’s estate, as the case may be, shall be entitled to receive the Bonus for the Fiscal Year in which such termination occurs, which is provided under the Bonus formula for such Fiscal Year, based on Actual Performance for such Fiscal Year as if the Executive had remained in the employ of the Company through the end of such Fiscal Year.
More Definitions of Actual Performance
Actual Performance means actual performance through the most recent practicable date prior to the Closing Date, as determined in good faith by the Compensation Committee of the Company Board (“Compensation Committee”), with performance for any portion of the applicable performance period that remains following the Closing Date included at the greater of forecast for the remainder of the period and target level.
Actual Performance means the Service Level actually achieved, over a given period, for a Service provided by the Service Provider when measured in accordance with Schedule 3;
Actual Performance has the meaning given to it in Exhibit 4-B, Section 6. ASCENSION HEALTH CONFIDENTIAL Exhibit 1 Page 1
Actual Performance shall have the meaning set forth in Section 1.2 of this Exhibit F.
Actual Performance. The actual result achieved for an Operating Metric during the Measurement Period. b) “Lower Bound” - means, with respect to any Operating Metric, the Actual Performance for such Operating Metric that would result in a Performance Score for such Operating Metric of [**]%. c) “Performance Score” - means the percentage value assigned to the Operating Metric based on the relationship of the Actual Performance for the Operating Metric as compared to the Performance Target metric value as measured based on the relationship between the Performance Target and the Lower Bound and the Upper Bound. The Performance Score range for any one Operating Metric may not be greater than [**]% or less than [**]%. For any Operating Metric, the Performance Score resulting from Actual Performance shall equal the sum of: (i) the product of (x) a fraction, the numerator of which is [**]%* and the denominator of which is the result of the Upper Bound for such Operating Metric less the Performance Target for such Operating Metric) multiplied by (y) the result of the Actual Performance for such Operating Metric less the Performance Target for such Operating Metric; plus (ii) [**]%. For further clarity, the formula above expressed mathematically is: [([**]%)/(Upper Bound – Performance Target)*(Actual Performance – Performance Target)] + [**]% [**] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission. * The 50% numerator of this fraction is derived from subtracting the [**]% mid-point from the [**]% Upper Bound.
Actual Performance means the results achieved by a Provider Group for each measure in the scorecard during the Measurement Period.
Actual Performance means, with respect to any unvested Titanium OP Incentive Unit that is subject to performance-based vesting and any unvested Titanium PSU Award, as applicable, the average of the actual performance achievement, determined as of the Effective Time, of the two performance metrics applicable to each such grant, as such actual performance achievement with respect to each individual metric is otherwise determined in accordance with the terms of the applicable Titanium Equity Award agreement.