Cumulative FCF definition

Cumulative FCF means the sum of Free Cash Flow for each of the fiscal years during the Performance Period.
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Cumulative FCF means the cumulative FCF achieved during the Performance Period.
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Examples of Cumulative FCF in a sentence

  • The Company’s Cumulative FCF means the sum of the Company’s FCF for each of the three fiscal years included in the Performance Period.

  • In the event that the Cumulative FCF falls between the amounts listed in the table below, the Applicable Percentage shall be interpolated on a straight line basis and the percentage of the target number of FCF Restricted Shares earned shall be based on such interpolated percentage.

  • Interpolation shall be used to determine the TSR Vesting Percentage and FCF Vesting Percentage, as applicable, in the event the Relative TSR Percentile Ranking and/or Cumulative FCF Target, as applicable, does not fall directly on one of the ranks or targets, as applicable, listed in the above charts.

  • Following the end of the Performance Period, the Committee shall determine the Cumulative FCF and the TSR Ranking for the Performance Period.

  • The Annual FCF Goals and the Cumulative Annual FCF Goals shall be adjusted in good faith by the Committee from time to time in accordance with Section 3(b)(ii), and to reflect acquisitions, divestitures and other similar corporate transactions that would affect the Annual FCF Goals and the Cumulative FCF Goals, in which case such adjusted Annual FCF Goals and the Cumulative FCF Goals shall be binding on the parties hereto.

  • The Cumulative FCF means the sum of the FCF for the AMRP business for each of the three fiscal years included in the Performance Period.

  • If Cumulative FCF is greater than maximum Cumulative FCF level, the Applicable Percentage shall be 200%.

  • Relative TSR Performance and Cumulative FCF Performance are sometimes referred to herein individually as a “Performance Target” and collectively as the “Performance Targets”.

  • The Committee shall, fairly and appropriately, adjust the calculation of Free Cash Flow to reflect, to the extent not contemplated in establishment of the Annual FCF Goals and Cumulative FCF Goals as of the date hereof, acquisitions, divestitures, and any changes in generally accepted accounting principles.

  • The number of Restricted Stock Units which are considered vested as a percentage of the FCF Target Award shall be based on the Cumulative FCF for the Performance Period as follows: If the Cumulative FCF for the Performance Period is above [______________] but between two of the levels set forth in the table above, the payout percentage shall be determined using linear interpolation.