KPI Payment definition

KPI Payment means the payment added to the Base Period Charge for any Reporting Period referred to in Paragraph 2.4 of Part A (XXXX Payments) of Schedule 5 (Payment) and calculated in accordance with Paragraph 2 of Part C (KPI Regime) of Schedule 6 (Performance Regime); KPI Points means, in respect of any Key Performance Indicator, any points that are attributable for failure to meet the standard specified in that Key Performance Indicator;
KPI Payment means, in respect of a month, the KPI Payment for that month calculated in accordance with clause 4.1 of schedule 7.
KPI Payment has the meaning given to that term in Schedule 4.

Examples of KPI Payment in a sentence

  • If this gives the authority too little time to scrutinise performance, then it could move to a committee or meeting dedicated to performance– A disadvantage of this approach is that performance affects and is affected by many other areas of the authority’s business, so this can seem like an artificial and unhelpful split.

  • Within 14 days after the last day of each Semester Annual Performance Report The Training Provider must submit a more detailed College performance report at the end of each Academic Year, including an assessment of the College’s performance, final levels for the purposes of calculating the KPI Payment, and an overall forward-looking strategy.

  • It is on these response times that KPI’s will be monitored in accordance with paragraph11.9 of the Specification and the Contractor shall be liable to pay the Commissioner liquidated damages, if it fails to achieve the ‘ Response time by the Contractor” outlined in Table B for either inspecting the site, pricing the works and starting the approved works on site as listed in KPI Payment for Default” listed in Table B.

  • Subject to Commissioner approval, commencing the works on site.11.7.2 It is on these response times that KPI’s will be monitored in accordance with paragraph 11.9 of the Specification and the Contractor shall be liable to pay the Commissioner liquidated damages, if it fails to achieve the ‘ Response time by the Contractor” outlined in Table B for either inspecting the site, pricing the works and starting the approved works on site as listed in KPI Payment for Default” listed in Table B.

  • How to approach these latter considerations, are covered off in the comprehensive guidance that now follows.General IntroductionThe primary purpose of the KPI Payment Mechanism (Pay Mech) Model document is twofold.

  • Section 16, 18, and 19 [Claims] requires advanced biofuel producers, renewable chemical producers, and biomass thermal energy producers to certify to MDA that they will not use their Bioincentive payments to compensate a lobbyist.

  • The Training Provider must submit a more detailed College performance report at the end of each Academic Year, including an assessment of the College’s performance, final levels for the purposes of calculating the KPI Payment, and an overall forward-looking strategy.

  • If at the end of a quarter an employee has an absenteeism AND / OR punctuality record as set out in the table below, then the following payment will be made: Unplanned Absenteeism Time Keeping KPI Payment 0 2 $525 1 3 $230 2 4 $50 Unplanned Absenteeism = Any unplanned absences (unplanned personal leave / annual leave / unauthorised absences) during the quarter will be unplanned absences in the interpretation of this clause.


More Definitions of KPI Payment

KPI Payment means the amount payable by the Operator to TfNSW for a KPI Default as calculated in accordance with clause 3.2 of this Schedule.

Related to KPI Payment

  • Delta Payment means as it is described in this Agreement.

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Interim Payment has the meaning specified in Section 10.1.

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Advance Payment means a payment that a federal awarding agency or passthrough entity makes by any appropriate payment mechanism, including a predetermined payment schedule, before the non-federal entity disburses the funds for program purposes.