Budget Target definition

Budget Target means the specific dollar amount of EBITDA, total Departmental Budget and/or other financial measure(s) established by the Compensation Committee for the Company for a Plan Year.
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Budget Target means the amount of money appropri- ated by the legislature or through the department's budget process to pay for a specific group of services, including anticipated caseload changes or vendor rate increases.
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Budget Target means EBITDA in the amount set forth in the annual budget adopted by the Board for the fiscal year ended March 31, 2005. As used herein, the term "Performance Bonus Target" shall mean EBITDA in the amount set forth in the annual budget adopted by the Board after consultation with Executive for the fiscal year in question.
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Examples of Budget Target in a sentence

  • Department Variances from Net Cost Targets In order for the CEO to track potential use of available General Fund resources during Budget Target development and throughout the budget process, it is imperative that any potential adjustments to CEO targets that change the net cost be discussed with the assigned CEO Analyst.

  • The ERMC will update the Expected Load Following estimate while lack of necessary market information persists no less than annually.o The Budget Target for Purchase Power Expense represents the City’s view of expected purchase power expense.

  • The assessment strategy should lay emphasis on achieving all the targets mentioned in the Central Action Plan with special stress on (i) Overall Budget Target including targets of cash collection out of arrear and current demand of the charge, (ii) Work load of assessment with each AO and (iii) Quality of Assessment.

  • In the event that the Company successfully achieves 100% to 149% of the approved Budget Target (whether for a, b or c, above), then the Executive shall be entitled 50% of his Base Salary, times one-third (representing equal weight for each category, a, b or c, above).

  • Likewise, in the event that the Company successfully achieves 200% or more of the approved Budget Target (whether for a, b or c, above), then the Executive shall be entitled 100% of his Base Salary, times one-third (representing equal weight for each category, a, b or c, above).

  • The Compensation Committee will review the Partnership’s performance results for the designated Plan Year, the Budget Target and Bonus Pool Payout Factor for each Plan Year and thereafter will determine, in consultation with the Chief Executive Officer, whether or not and to what extent to approve the funding of Annual Bonus awards under the Plan.

  • Cost-Benefit Analysis Cost/Benefit Description Current Budget Target SavingTiming 2014/15 2015/16Cashable benefit Reduction in staff hours and building costs.

  • Cost/Benefit Description Current Budget Target SavingTiming 2014/15 2015/16Cashable benefit Investigate options for partners or alternative methods of service delivery and alternative ownership of cultural assets.£0£135K£30K£45K Non financial benefits Current performance Target performance CostDependant on full options appraisal.

  • In the event that the Company successfully achieves 150% to 199% of the approved Budget Target (whether for a, b or c, above), then the Executive shall be entitled 75% of his Base Salary, times one-third (representing equal weight for each category, a, b or c, above).

  • In order for the CEO to track potential use of available General Fund resources during Budget Target development and throughout the budget process, it is imperative that any potential adjustments to CEO targets that change the net cost be discussed with the assigned CEO Analyst.


More Definitions of Budget Target

Budget Target means the specific amount of Adjusted EBITDA, Distributable Cash Flow, Leverage Ratio, Safety Target and/or other measure(s) established by the Compensation Committee for the Company for a Plan Year.
Sample 1
Budget Target means the specific dollar amount of Adjusted EBITDA, Distributable Cash Flow, total Departmental Budget and/or other financial measure(s) established by the Compensation Committee for the Partnership for a Plan Year.
Sample 1

Related to Budget Target

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Budget Period means the fiscal period for which a budget is prepared.

  • Soft Target means a target that will suffer minimum damage and cause minimum damage to the subject vehicle in the event of a collision.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Budget month means the calendar month from which nonfinancial and financial information is used to determine eligibility (see section (28) of this rule) and benefit level for the payment month (see section (50) of this rule).

  • EBITDA Target means the Company's projected earnings before interest, taxes, one-time transition expenses, non-cash compensation expense charges, depreciation and amortization, as contained in the Company's budget for the Applicable Period and which is approved by the Board (without reference to any adjustments or revision, upwards or downwards, to such projected earnings which are subsequently approved by the Board as part of any subsequent revision to such budget), and (ii) the term "Financial Results" shall mean the Company's EBITDA calculated by reference to the Company's financial statements for the Applicable Period as filed with the Securities and Exchange Commission (the "SEC").

  • Bonus Target means the annual bonus that the Executive would have received in a fiscal year under the AIP Plan and/or the EIC Plan, if the target goals had been achieved.

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume. “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • Budget unit means the unit for which the ANB of a district is calculated separately pursuant to 20-9-311.

  • Targets means pre-agreed values to be achieved at the end of the period in relation to the result indicators included under a specific objective;

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 65.70% minus the Additional Required Enhancement Percentage and (ii) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M5 Target Amount With respect to any Distribution Date an amount equal to the lesser of (a) the product of (i) 93.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (1) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (2) the Overcollateralization Floor.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 95.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) 0.50% of the Cut-off Date Balance.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Evaluation Criteria means the criteria set out under the clause 27 (Evaluation Process) of this Part C, which includes the Qualifying Criteria, Functional Criteria and Price and Preferential Points Assessment.

  • Third Target Distribution means $0.5250 per Unit per Quarter (or, with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.5250 multiplied by a fraction of which the numerator is equal to the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.