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 is a score that is less than one standard deviation below the numeric average of all PARTICIPATING MEDICAL GROUP scorecard scores.
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 .
Examples of Below Average in a sentence
Licensee's full compliance with the immediately foregoing sentence shall continue until Licensee is no longer Performing Below Average, as determined by the most recent Sweeps Rating.
A final Long Form Evaluation report shall be completed by the evaluator for all employees on Long Form Evaluation, all employees on probation, and those whom the evaluator has found Below Average or Unsatisfactory in any criterion.
Points shall be awarded as follows: "Unsatisfactory," one point; "Below Average," two points; "Competent," three points; "Above Average," four points; and "Superior," five points.
In the case of employees who received a Below Average or Unsatisfactory rating in any evaluation criterion on the final evaluation, Long Form goals shall be established for the next school year by the fifth (5th) day prior to the end of school when the Below Average or Unsatisfactory rating was received.
The rating scale for each criterion on the final evaluation shall be Satisfactory, Below Average, or Unsatisfactory.
More Definitions of Below Average
Below Average ratings for teachers must contain an explanatory anecdotal comment.
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 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. 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 means the building and its parts show some significant defects and or very poor non-tradesman like workmanship and or long-term neglect and or defects requirement major repairs or reconstruction of a major building.
Below Average or the equivalent) of the servicer rating, as of the Closing Date, of a 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; or
Below Average here means below the average of offers made by that type of bank to all consumers with the same observable characteristics.