Below Average definition

Below Average or the equivalent) of the servicer rating, as of the Closing Date, of the Servicer by any Rating Agency which results in a downgrade, qualification or withdrawal of the rating assigned to any Class of Certificates by any Rating Agency. If an Event of Default described in clauses (a) through (h) of this Section 7.01 shall occur, then, and in each and every such case, so long as such Event of Default shall not have been remedied, the Trustee may, and at the direction of a majority of the Voting Rights the Trustee shall, by notice in writing to the Servicer (with a copy to each Rating Agency), terminate all of the rights and obligations of the Servicer under this Agreement and in and to the Mortgage Loans and the proceeds thereof, other than its rights as a Certificateholder hereunder; provided, however, that the Trustee shall not be required to give written notice to the Servicer of the occurrence of an Event of Default described in clauses (b) through (e), (g) and (h) of this Section 7.01 unless and until a Responsible Officer of the Trustee has actual knowledge of the occurrence of such an event. In the event that a Responsible Officer of the Trustee has actual knowledge of the occurrence of an event of default described in clause (a) or (f) of this Section 7.01, the Trustee shall give written notice to the Servicer of the occurrence of such an event within one Business Day of the first day on which such Responsible Officer obtains actual knowledge of such occurrence; provided, that if such failure is the failure to make a P&I Advance, the Trustee shall send such notice prior to 12:00 noon New York time on the Distribution Date and, if the Event of Default of the Servicer was the failure to make a P&I Advance, the Trustee, as successor Servicer, shall make such P&I Advance on the Distribution Date that such notice was delivered. On and after the receipt by the Servicer of such written notice, all authority and power of the Servicer hereunder, whether with respect to the Mortgage Loans or otherwise, shall pass to and be vested in the Trustee. Subject to Section 7.02, the Trustee is hereby authorized and empowered to execute and deliver, on behalf of the Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such notice of termination, whether to complete the transfer and endorsement or assignment of the Mortgage Loans and rel...
Below Average. The ability to accept some volatility . Minimal capital growth and the potential for returns are important . Average: The ability to accept moderate volatility . Some capital growth and the potential for returns are important .
Below Average ratings for teachers must contain an explanatory anecdotal comment.

Examples of Below Average in a sentence

  • The definition (Above Average), (Average), (Below Average) relate to the inspector’s opinion of the overall condition of the building: ABOVE AVERAGE: The overall condition is above that consistent with dwellings of approximately the same age and construction.

  • SC Performance Goal▪ Below Average − District is in jeopardy of not meeting the standards for progress toward the 2010 SC Performance Goal▪ At-Risk − District performance fails to meet the standards for progress towardthe 2010 SC Performance Goal SOUTH CAROLINA PERFORMANCE GOAL By 2010, South Carolina’s student achievement will be ranked in the top half of the states nationally.

  • Final exams A=90%-100% B=80%-89%C=70%-79% (Average) D=50%-69% (Below Average) F=less than 50% (Failure)Grade D and F are considered failFinal course grade is based on theory/lab skills total points.

  • Yes / No Overall rating of Respondent’s performance on the above-mentioned project (Check one):  Excellent   Average   Below Average   Poor  PERSON COMPLETING REFERENCE SIGNATURE DATE ATTACHMENT F-1 PRICE SHEET Respondent Name: IN ORDER TO BE ELIGIABLE FOR AWARD RESPONDENTS MUST PROVIDE PRICES FOR ALL HOURLY POSITIONS LISTED BELOW.

  • The evaluation for Factor 4, Commercial Potential and Feasibility, will be in the form of an adjectival rating (Excellent, Very Good, Average, Below Average, Poor).


More Definitions of Below Average

Below Average is a score that is less than one standard deviation below the numeric average of all PARTICIPATING MEDICAL GROUP scorecard scores.
Below Average or the equivalent) of the servicer rating, as of the Closing Date, of the Servicer by any Rating Agency which results in a downgrade, qualification or withdrawal of the rating assigned to any class of certificates representing interests in the Trust by any Rating Agency.
Below Average. Meets and satisfies some job requirements, but needs improvement in some areas. Poor – Does not meet job requirements at an acceptable level. N/A – This category does not apply to this paraprofessional’s job responsibilities.
Below Average is a score that is less than one standard deviation below the numeric average of all PARTICIPATING MEDICAL GROUP scorecard scores. EXHIBIT J PARTICIPATING MEDICAL GROUP FACILITIES EXHIBIT K DIVISION OF RESPONSIBILITIES FOR COMPLIANCE ACTIVITIES EXHIBIT K(1) COMPLIANCE ACTIVITY PERFORMANCE MEASUREMENTS
Below Average or “Low”, then the Performance Bonus shall be equal to the Target Bonus Amount multiplied by the Alternate Percentage, determined in accordance with the following table based upon the Morningstar Rating assigned to the Fund for the Performance Period. In all other cases, the Applicable Percentage will apply. Morningstar Rating Applicable Percentage Alternate Percentage 5 Stars 200% 200% 4 Stars 100% 200% 3 Stars 0% 100% Other than as set forth above, no Performance Bonus will be awarded under this Agreement if the Morningstar Rating of the Fund is less than 4 stars. The amount of the Performance Bonus, if any, earned by Participant under this Agreement will be determined by the Committee and communicated to Participant promptly after the applicable Morningstar Rating, Morningstar Risk Rating, and Morningstar Category is published at the end of the Performance Period.
Below Average means Proposer fails to meet the Timeliness and Quality of Performance Standards in subsections (a) or (b) more than 15% of the time during Proposer’s employment (i.e. Proposer arrives late to begin work; Proposer does not perform tasks within the times expected; Proposer’s quality of performance fails to meet contract performance standards).
Below Average here means below the average of offers made by that type of bank to all consumers with the same observable characteristics.