Lowest Performance definition

Lowest Performance has the meaning set out in Clause 27(b)(i)”.
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Lowest Performance means the lowest Absolute Performance (Pi) amongst the Shares in the Basket in respect of the relevant Valuation Datet as determined by the Calculation Agent;
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Examples of Lowest Performance in a sentence

  • As of [date] such [reduced] [increased] Actual Discharge Rate, being [ ] MMScf/day, shall be the [Lowest Performance] [Normal Performance].

  • Normal Performance or Lowest Performance shall be based upon LNG with a chemical composition pursuant to Appendix 4.

  • When measuring the Actual Discharge Rate against Normal Performance, Lowest Performance or Nominated Discharge Rate a variation of ***** percent (*****%) shall be allowed.

  • Normal Performance or Lowest Performance shall be based upon LNG with a chemical composition pursuant to Appendix 1 of Amendment No. 4.

  • When measuring the Actual Discharge Rate against Normal Performance, Lowest Performance or Nominated Discharge Rate a variation of one percent (1%) shall be allowed.

Related to Lowest Performance

  • Basket Performance means a decimal number calculated by applying the following formula:

  • Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula:

  • Worst Performance (final) means the Performance of the Basket Componentj (final) specified as follows:

  • Final Performance means the Final Valuation Price divided by the Initial Price(Settlement) each in respect of the Worst Performing Underlying Asset as calculated in respect of the Final Valuation Date. "Final Valuation Date" means 29 November 2027, subject to adjustment.

  • Total Performance means that the entire Work, except those items arising from the provisions of any warranty, have been performed in accordance with the Contract;