Annual Cap Performance Level definition

Annual Cap Performance Level has the meaning given to it in paragraph 1.1 of Schedule 7.1 (Performance Benchmarks);
Annual Cap Performance Level means, in relation to an Annual Cancellations Benchmark or an Annual TOC Minute Delay Benchmark (as the case may be) for any Franchisee Year, the number set out in Column 2 of the Annual Cancellations Benchmark Table or the Annual TOC Minute Delay Benchmark Table (as the case maybe) for that Franchisee Year;
Annual Cap Performance Level means, in relation to an Annual Benchmark for any Performance Calculation Year, the number set out in column 2 of the Annual Benchmark Table relating to that Annual Benchmark and in the row of that table for that Performance Calculation Year;

More Definitions of Annual Cap Performance Level

Annual Cap Performance Level means for each Performance Calculation Year, each of the benchmarks specified in the Annual Cancellations Benchmark Table for that Performance Calculation Year provided that where a Performance Calculation Year is shorter than 13 Reporting Periods then the Annual Cancellations Benchmark for that Performance Calculation Year shall be as determined pursuant to paragraph 5.1(a) of Schedule 7.1 (Performance Benchmarks); means the table set out in Part 2 (Annual Cancellations Benchmark Table) of Appendix 1 (Cancellations Benchmarks and Annual Cancellations Benchmarks) of Schedule 7.1 (Performance Benchmarks); means, in relation to an Annual Benchmark for any Performance Calculation Year, the number set out in column 2 of the Annual Benchmark Table relating to that Annual Benchmark and in the row of that table for that Performance Calculation Year; 18“[DELETED]” [DELETED];
Annual Cap Performance Level means, in relation to an Annual Cancellations Benchmark and an Annual TOC Minute Delay Benchmark (as the case may be) for any Performance Calculation Year, the number set out in Column 2 of the Annual Cancellations Benchmark Table or the Annual TOC Minute Delay Benchmark Table (as the case may be) for that Performance Calculation Year; [DELETED2] [DELETED]; “Annual Floor Performance means, in relation to an Annual Benchmark for Level” any Performance Calculation Year, the number set out in Column 4 of the Annual Benchmark Table relating to that Annual Benchmark and in the row of that table for that Performance Calculation Year;
Annual Cap Performance Level means, in relation to an Annual Benchmark for any Performance Calculation Year, the number set out in column 2 of the Annual Benchmark Table relating to that Annual Benchmark and in the row of that table for that Performance Calculation Year;[Deleted] 16