Maximum Incentive definition

Maximum Incentive means the amount set forth within Section 6.1. of this Agreement.

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Maximum Incentive means the amount described in the table contained in Schedule “A” of this Agreement, as the total maximum compensation payable by the City pursuant to this Agreement and the Designating Bylaw.

Maximum Incentive means the amount of incentive as determined by JCDA staff and TIF Advisory Board that could be generated by receiving loan proceeds from a twenty year loan at prevailing interest rates using the tax increment of the proposed project as annual payment.

Examples of Maximum Incentive in a sentence

Up to 50% of the Executive's Maximum Incentive Bonus shall be awarded based upon the attainment of company objectives ("Company Objectives") which shall be determined by reference to growth in earnings per share ("EPSG") and growth in earnings before interest, taxes, depreciation and amortization ("EBITDAG") of the Company.
The Executive shall be eligible for an annual incentive bonus ("Incentive Bonus") of up to 60% of the Executive's Base Pay ("Maximum Incentive Bonus") and is assigned a target incentive bonus ("Target Incentive Bonus") of 30% of the Executive's Base Pay for such year.
Up to 20% of the Executive's Maximum Incentive Bonus shall be awarded based upon the attainment of personal objectives ("Personal Objectives") which shall be defined in a writing provided to the Executive by the Chief Executive Officer after January 1/st/ and prior to January 30/th/ of each year this Agreement is in effect except that in the year the Executive executes this Agreement such writing shall be provided within 60 days of the date of execution by the Executive.
The terms Target Incentive Payment and Maximum Incentive Payment as utilized in this Agreement shall refer to Target Incentive Payment and Maximum Incentive Payment as in effect from time to time, including any increases.
If the Company shall give notice of non-renewal of the Employment Term in accordance with the provisions of Section 4 hereof, the Company shall pay to Executive an amount equal to two times the sum of the Base Salary and the Maximum Incentive Payment, payable in twenty-four (24) equal monthly installments after the end of the Employment Term payable in accordance with the Company's then regular payroll practices.
Subject only to duly executed amendments, it is expressly understood and agreed that in no event will the total reimbursement to be paid by MTC under this Agreement exceed the Maximum Platform Payment and Maximum Incentive Payment as stated in Article 3.
The maximum incentive salary payable for any one year shall not exceed [Maximum Incentive Compared to Base] of the then applicable base salary of Executive.
If applying for the Affordable Housing, existing construction Maximum Incentive, I certify that 100% of the units in the multifamily dwelling at which the equipment will be installed are deemed Affordable Housing as defined above.
If the Company shall give notice of non-renewal of the Employment Term in accordance with the provisions of Section 4 hereof, the Company shall pay to the Executive an amount equal to two times the sum of the Base Salary and the Maximum Incentive Payment, payable in twenty-four (24) equal monthly installments after the end of the Employment Term payable in accordance with the Company’s then regular payroll practices.
Any changes in the activities to be performed under this Agreement shall be incorporated in written amendments, which shall specify the changes in the Scope of Work and any adjustments in the schedule and Maximum Platform Payment and Maximum Incentive Payment.

More Definitions of Maximum Incentive

Maximum Incentive means $1,367,230 in the aggregate, of which

Maximum Incentive means the maximum Incentive Award that can be earned under this Plan for maximum performance, subject to Committee discretion.

Maximum Incentive means, in the case of any Participant, the Maximum Incentive available for such Participant as set forth on Schedule A.

Related to Maximum Incentive

Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.
Maximum Award means as to any Participant for any Performance Period, $4 million.
Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.
Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.
Annual Bonus shall have the meaning set forth in Section 4(b) hereof.