MCOS Performance definition

MCOS Performance has the meaning given in the Risk or Reward Regime, being the benchmark level of performance for the minimum conditions of satisfaction in respect of each KRA or KPI.
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MCOS Performance the minimum conditions of satisfaction or benchmark level of performance for each Key Result Area, as set out in the relevant Proposal.
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Examples of MCOS Performance in a sentence

  • Target Outturn Cost orTOC the specific sum to be developed by the Proponent under this Agreement as being the estimate of all Alliance Reimbursable Costs, Alliance Corporate Overhead and Profit and Risk & Contingency Provisions required to achieve MCOS Performance, perform the Works and to bring the Works to a stage where the Final Certificate can be issued under the Project Alliance Agreement, that will be specified in the Project Proposal submitted to the Project Owner under this Agreement.

  • Limit of Liability is defined in clause 14.2. MCOS Performance the minimum conditions of satisfaction or benchmark level of performance for each KRA, which will be set out in the Project Proposal submitted to the Project Owner under this Agreement.

  • Target Outturn Cost or TOC the specific sum identified as the TOC in the Final Project Proposal, being the estimate of all Reimbursable Costs, Corporate Overhead and Profit and Risk & Contingency Provisions required to achieve MCOS Performance, perform the Works (including all Separable Portions) and bring the Works (including all Separable Portions) to a stage where the Final Certificate can be issued in accordance with this Agreement.

Related to MCOS Performance

  • 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.

  • 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:

  • 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;

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