Fourth Target definition

Fourth Target has the meaning set forth in Section 2.5(a)(iv).
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Fourth Target has the meaning given to such term in Section 3(b)(v).
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Fourth Target has the meaning set forth in Section 2.5(a)(iv). “GAAP” has the meaning set forth in Section 2.3. “Governmental Authority” means any government or political subdivision or regulatory authority, whether federal, state, local or foreign, or any agency or instrumentality of any such government or political subdivision or regulatory authority, or any federal state, local or foreign court or arbitrator. “Guarantee” by any Person means any obligation, contingent or otherwise, of such Person directly or indirectly guaranteeing or otherwise supporting in whole or in part the payment of any Indebtedness or other obligation of any other Person and, without limiting the generality of the foregoing, any obligation, direct or indirect, contingent or otherwise, of such Person (a) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation of such other Person (whether arising by virtue of partnership arrangements, by agreement to keep-well, to purchase assets, goods, securities or services, to take-or-pay or to maintain financial statement conditions or otherwise) or (b) entered into for the purpose of assuring in any other manner the obligee of such Indebtedness or other obligations of the payment of such Indebtedness or to protect such obligee against loss in respect of such Indebtedness (in whole or in part); provided, however, that the term Guarantee shall not include endorsements for deposit or collection in the Ordinary Course of Business. The term “Guarantee” used as a verb has a correlative meaning. “Hazardous Material” means any pollutant, toxic substance, including asbestos and asbestos-containing materials, hazardous waste, hazardous material, hazardous substance,
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Examples of Fourth Target in a sentence

  • The Fifth Portion shall be exercisable upon the Market Capitalization being equal to or greater than $443,750,000 (the "Fifth Target"); the First Target, Second Target, Third Target, Fourth Target and Fifth Target, each a "Target").

  • Peer Group*) Bonus Achievement First (highest) 150% of Target (Maximum) Second 125% of Target Percentage Third 112.5% of Target Percentage Fourth Target Percentage (100%) Fifth 75% of Target Percentage Sixth 50% of Target Percentage (Minimum) Seventh Zero Performance measures subject to peer group ranking will be based on LTM data as of September 30 of the Performance Period.

  • This distribution of $0.53 per unit exceeds the Fourth Target Distribution level (see Note 8 for discussion of distributions of available cash).

  • The Individual Defendants controlled Michaels and all of its employees.

  • The Fifth Portion shall be exercisable upon the Market Capitalization being equal to or greater than $443,750,000 (the "Fifth ----- Target"); ------ the First Target, Second Target, Third Target, Fourth Target and Fifth Target, each a "Target").

  • D = the excess, if any, of (x) the lesser (i) 90% of N and (ii) the Fourth Target over (y) the greater of (z) the Third Target and (ii) the Utilized NOL Amount.

  • D = the excess, if any, of (x) the lesser of (i) 90% of N and (ii) the Fourth Target over (y) the greater of (z) the Third Target and (ii) the utilized NOL Amount.

  • Peer Group*) Bonus Achievement First (highest) 150% of Target (Maximum) Second 125% of Target Percentage Third 112.5% of Target Percentage Fourth Target Percentage (100%) Fifth 75% of Target Percentage Six 50% of Target Percentage (Minimum) Seventh Zero Performance measures subject to peer group ranking will be based on LTM data as of September 30 of the Performance Period.

Related to Fourth Target

  • 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;

  • 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.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Second Target Distribution means $0.4375 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 $0.4375 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.

  • Acquisition Target means any Person becoming a Subsidiary of the Company after the date hereof; any Person that is merged into or consolidated with the Company or any Subsidiary of the Company after the date hereof; or any Person with respect to which all or a substantial part of that Person’s assets are acquired by the Company or any Subsidiary of the Company after the date hereof.

  • 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.

  • 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.

  • First Target Distribution means $0.4025 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 $0.4025 multiplied by a fraction of which the numerator is 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.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Target Percentage means those percentages assigned to Participants pursuant to Section 3.2 hereof.

  • 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;

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Achievement Percentage means the percentage of achievement determined by the Committee after the end of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).