Incentive funding definition

Incentive funding means the state financial aid provided
Incentive funding at pages 2 – 3 of the Agreement which reads as follows: “Incentive Funding CCE has requested $150mm in funding support for 2002 and $250mm for 2003 and thereafter. TCCC has agreed with CCE, for so long as this Program remains in effect, to fund this need with a combination of annual (i) incremental funding from TCCC, including Annual Cash Funding (set forth in Column “A” of the following chart) and a one time increase of $30 million in Base SMF funding for North America (which impacts annual Program Cash as set forth in Columns “B” and “C”); and (ii) proceeds that accrue from mutually developed system savings and/or new business system opportunities generated from certain mutually agreed North America strategic projects that become a part of the system’s strategic plan (“Project Proceeds” as set forth in Column “D”): Xx. Xxxx X. Alm March 11, 2003 A + B + C + D = E Year Annual Cash Funding Increase in Base SMF Funding Program Cash Impact Project Proceeds Minimum Total Program Funding 2002 $ 120mm $ 30mm $ 150mm $ 0 $ 150mm 2003 $ 220mm $ 30mm $ 250mm $ 0 $ 250mm 2004 $ 165mm $ 30mm $ 195mm $ 55mm $ 250mm 2005 $ 140mm $ 30mm $ 170mm $ 80mm $ 250mm 2006 $ 115mm $ 30mm $ 145mm $ 105mm $ 250mm 2007 $ 90mm $ 30mm $ 120mm $ 130mm $ 250mm 2008 $ 65mm $ 30mm $ 95mm $ 155mm $ 250mm 2009 and any subsequent Program Year $ 50mm $ 30mm $ 80mm $ 170mm $ 250mm ” is deleted in its entirety, and replaced with the following: “Incentive Funding TCCC has agreed with CCE, for so long as this Program remains in effect, to provide cash funding consisting of incremental funding from TCCC, including Annual Funding (set forth in Column “A” of the following chart) and a one time increase of $30 million in Base SMF funding for North America (which impacts annual Program Cash as set forth in Columns “B” and “C”). A + B = C Year Annual Cash Funding Increase in Base SMF Funding Program Cash Impact 2002 $ 120mm $ 30mm $ 150mm 2003 $ 170mm $ 30mm $ 200mm 2004 $ 165mm $ 30mm $ 195mm 2005 $ 150mm $ 30mm $ 180mm 2006 $ 135mm $ 30mm $ 165mm 2007 $ 120mm $ 30mm $ 150mm 2008 $ 120mm $ 30mm $ 150mm 2009 and any subsequent Program Year $ 120mm $ 30mm $ 150mm ”

Examples of Incentive funding in a sentence

  • Incentive funding is developed in view of current and projected economics and risks, supported by BMO Global Asset Management (EMEA) Audit and Compliance Committee inputs, ensuring risk- adjustments and qualitative and quantitative considerations, such as the cost and quantity of capital and liquidity are actively considered as funding adjustments.

  • Incentive funding is developed in view of current and projected economics and risks, supported by BMO Global Asset Management (EMEA) Audit and Compliance Committee inputs, ensuring risk-adjustments and qualitative and quantitative considerations, such as the cost and quantity of capital and liquidity are actively considered as funding adjustments.

  • Incentive funding can only be used to pay for items essential to the operation of the equipment.

  • Some data may be sensitive until published and restricted to a very limited set of VO members.Since VO resources are located within multiple organizations, maintaining a consistent policy means having access control enforced by each of the organizations in a consistent manner.

  • The delivery of Incentive funding is subject to the terms of the Program Agreement.

  • He testified that AMR employees use that specific area on the property for loading activities because it is "the area without potholes" and is flat.

  • Incentive funding is offered to eligible service providers with complete applications on a first-come, first-served basis.

  • Incentive funding was capped at $200,000.00 per feasibility study.

  • Incentive funding is outside of the scope of this regulation, but all incentive programs go through their own public process where stakeholders can provide feedback and input.

  • Incentive funding will be made available to eligible jurisdictions in June of each year.

Related to Incentive funding

  • Pre-Funding Earnings means any Investment Earnings on amounts on deposit in the Pre-Funding Account.

  • Pre-Funding Period The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Average Incentive Compensation means the average of the annual incentive compensation under Subparagraph 3(a) received by Executive for the three (3) immediately preceding fiscal years or such fewer number of complete fiscal years as Executive may have been employed by the Company. In no event shall “Average Incentive Compensation” include any sign-on bonus, retention bonus or any other special bonus. Notwithstanding the foregoing, if the Executive breaches any of the provisions contained in Paragraphs 4 and 5 of this Agreement, all payments of the Severance Amount shall immediately cease. Notwithstanding the foregoing, in the event Executive terminates his employment for Good Reason as provided in Subparagraph 6(e), he shall be entitled to the Severance Amount only if he provides the Notice of Termination provided for in Subparagraph 6(f) within thirty (30) days after the occurrence of the event or events which constitute such Good Reason as specified in clauses (A), (B), (C), (D), (E) and (F) of Subparagraph 6(e);

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Subordinated Incentive Fee means the fee payable to the Advisor under certain circumstances if the Shares are Listed, as calculated in Section 8.07.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Equity Contributions means the equity to be contributed by the Equity Investor to Borrower, in accordance with and subject to the terms of the Partnership Agreement.

  • Incentive Compensation Plans means annual incentive compensation plans and long-term incentive compensation plans of the Company, which long-term incentive compensation plans may include plans offering stock options, restricted stock and other long-term incentive compensation.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Incentive Compensation Plan means any plan, agreement or other arrangement that provides for the grant or issuance of equity or equity-based awards and that is now in effect or is hereafter adopted by the Company or the Managing Member for the benefit of any of their respective employees or other service providers (including directors, advisers and consultants), or the employees or other services providers (including directors, advisers and consultants) of any of their respective Affiliates or Subsidiaries.

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Equity Contribution has the meaning assigned to such term in the Recitals to this Agreement.

  • Class B Floating Allocation means, with respect to any Monthly Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Class B Adjusted Investor Interest as of the close of business on the last day of the preceding Monthly Period and the denominator of which is equal to the Adjusted Investor Interest as of the close of business on such day; provided, however, that, with respect to the first Monthly Period, the Class B Floating Allocation shall mean the percentage equivalent of a fraction, the numerator of which is the Class B Initial Investor Interest and the denominator of which is the Initial Investor Interest.

  • Incentive Compensation means any compensation that is granted, earned or vested based wholly or in part upon the attainment of a Financial Reporting Measure.

  • Equity Compensation means any stock option, stock appreciation, stock purchase, restricted stock, restricted stock unit, long term incentive cash bonus award or any other kind of equity-based plan, program, arrangement or grant regardless of whether the form of distribution is in stock or cash.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Class A/B Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class A/B Interest Coverage Ratio is at least equal to 120.0 per cent.

  • Contribution Rate means, in a reserve study as described in RCW 64.38.065, the amount contributed to the reserve account so that the association will have cash reserves to pay major maintenance, repair, or replacement costs without the need of a special assessment.