Bank Performance definition

Bank Performance means the value calculated using the financial metrics designated by the Board, which are set forth in the following table and measure the actual performance of FirstSun over the Performance Period (or portion thereof). Each metric will be determined by the Board in good faith, in most cases annually on the last day of each fiscal year or in such more frequent intervals as may be determined in the discretion of the Board, and considering such factors as it deems appropriate. Each metric has been assigned a weighting indicating the proportion of that metric to be used in the overall calculation of Bank Performance.
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Examples of Bank Performance in a sentence

  • The ALB shall reflect Annual Contribution Amounts made to the ALB each Service Period based on the satisfaction of performance criteria established in the Bank Performance Plan (as defined in Paragraph 1.7 below).

  • Provided that the Bank meets the minimum annual goals as defined in the annual Bank Performance Plan as approved by the HR/Compensation Committee of the Board of Directors, the Bank will make an annual contribution to the ALB for services provided throughout a given Service Period (as defined in Paragraph 1.19).

  • As used herein, Tier-1 Leverage Ratio shall mean Tier 1 Capital of Merchants Bank divided by the average total assets of Merchants Bank (as listed in the Uniform Bank Performance Report from the FDIC website).

  • Pay to the Executive the amount to which the Executive would be entitled under the annual First National Bank Performance Plan, or a successor thereto, for the calendar year in which a Change in Control occurs, determined as if all performance goals applicable to the Company and the Executive were achieved.

  • In addition, to the extent that ▇▇▇▇▇▇ is unable to readily obtain online, within ten (10) days of ▇▇▇▇▇▇’s written request, Borrower will deliver to Lender copies of all Call Reports as filed with the Federal Financial Institutions Examination Council as well as copies of the Uniform Bank Performance Report for Bank prepared by the Federal Financial Institutions Examination Council or any successor entity.

  • The Bank Performance Bond will be issued in Spanish and by a bank of first class, to the satisfaction of DET.

  • An Investigation on the Relationship between Information Technology Conceptualization and Bank Performance.

  • The number of shares of ASB Hawaii Common Stock subject to each Bank Performance Share Unit shall be equal to the product (rounded up to the nearest whole share) of (i) the number of shares of HEI Common Stock subject to the corresponding HEI Performance Share Unit immediately prior to the Distribution Date multiplied by (ii) the Conversion Ratio.

  • For the avoidance of doubt, nothing in this clause 12.11.2 shall affect any rights that the Seller Group may have pursuant to the National Australia Bank Executive Share Option Plan No. 2 or the National Australia Bank Performance Rights Plan to recover any such income tax and national insurance contributions from an Employee in connection with the exercise of such option or right.

  • Effective as of the Distribution Date, ASB Hawaii shall also have established, pursuant to the Bank Stock Plan, the ASB Hawaii Long-Term Incentive Plan (the “Bank LTIP”), which shall provide for the issuance of equity incentive awards denominated in ASB Hawaii Common Stock, including Bank Restricted Stock Units and Bank Performance Share Units, as described in Article IV.

Related to Bank Performance

  • Basket Performance means a decimal number calculated by applying the following formula:

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula:

  • human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;

  • Unsatisfactory Performance means any of the following: