Outperformance definition

Outperformance means (a) with respect to Eligible Dividends, the product of the Net Yield and the Outperformance Weighting, and (b) with respect to declared dividends (or part thereof) in respect of the Shares for which the Ex-Dividend Date falls outside the Reference Period, zero. Notwithstanding the above, if (a) the Determination Agent determines that at any time during the Reference Period the price of a Share has fallen to zero, or (b) prior to the Valuation Date the Share Issuer has failed to pay any Eligible Dividend for which the relevant payment date has passed, the Net Yield shall equal zero regardless of the declaration of an Eligible Dividend;
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Outperformance means the amount by which the Share Class Return arithmetically exceeds the Benchmark Return stated above over the relevant Performance Period(s). If, however, the Gross Asset Value at the end of the Performance Period is not above the High Water Mark, there is no Outperformance and accordingly no Performance Fee is payable.
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Outperformance means, in respect of a Share, an amount, as determined by the Determination Agent, as:
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Examples of Outperformance in a sentence

  • That principle is implicit in our shared values of Client Focus, Trust, Teamwork and Outperformance – and it is central to our reputation.

  • As of each Calculation Date, the aggregate amount of Outperformance with respect to all Shares within a Class for the relevant performance period is determined.

  • Whenever a positive Outperformance level, previously reached, is not achieved thereafter, a High Water Mark NAV per Share is memorised for the purpose of the performance fee calculation.

  • The Sub-Fund is regularly debited with the provisions and if Outperformance falls, the Sub-Fund is credited with the appropriate amount.

  • A performance fee equal to a percentage of such aggregate amount of Outperformance for those Shares (as disclosed in the relevant Supplement) is charged to such Class as a whole.

  • As a rule, any claim to the Performance Fee may also be made dependent on whether the change in the net asset value of the respective Share Class of the Sub-Fund from the beginning of the Performance Fee Period until the valuation day is greater than the performance of the Hurdle Rate de- fined in the respective Sub-Fund for the relevant Share Class over this period ("Performance Fee Period Outperformance").

  • No performance fee will be payable in respect of any accounting period of the Company if the adjusted closing Net Asset Value per Share of the Class does not outperform the Benchmark plus 3 percentage points over the relevant accounting period (the "Outperformance Condition").

  • Outperformance, after deduction of investment management fees, of the assigned benchmark over a full market cycle is expected.

  • The amount due per share class for the Performance-Fee provision is calculated as follows: Net asset value per share (before performance-fee provision) x Outperformance Return in % x 10%.

  • The NAV per Share of the relevant Sub-Class at the end of the immediately preceding Valuation Day on which a performance fee was charged.Each time the Fund outperforms, the Outperformance is locked in favour of the AIFM.


More Definitions of Outperformance

Outperformance means an amount per Warrant equal to the product of (i) the Issue Price (ii) Daily Accrual Rate (iii) the Day Count Fraction. (b) if the Warrantholder holds the Warrants up to and including the Expiration Date, [Max (0, Index Final - Strike Price) + (Issue Price x Daily Accrual Rate)], multiplied by the Ratio (if any) specified in the applicable Final Terms; (B) The following amendments shall be made to Condition 17(c):
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Outperformance means the anlount of efficiency savings which are:-
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Related to Outperformance

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Underlying Performance means in relation to the Valuation Date a decimal number calculated by applying the following formula: UP =Underlying FINAL Underlying INITIAL where: UP = Underlying Performance with respect to the Valuation Date UnderlyingFINAL UnderlyingINITIAL= Reference Price of the Underlying with respect to the Valuation Date = Initial Price of the Underlying

  • CPSU means Central Public Sector Undertaking

  • Long-Term Incentive Award means an Award described in Section 6(g) hereof that is based upon a period in excess of one year.

  • 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;

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Economic development incentive means a financial incentive,

  • Performance has the meaning ascribed to it in the Copyright Act 98 of 1978, as amended from time to time, and the words “Perform” and “Performed” and “Performing” will have the same meaning

  • Management Incentive Plan means the Company’s bonus program, as implemented by the Company’s board of directors from time to time and pursuant to which the Executive may receive incentive-based compensation at fiscal year end.

  • Target Award means the target award, at 100% of target level performance achievement, payable under the Plan to a Participant for the Performance Period, as determined by the Committee in accordance with Section 3(b).

  • PSU means Public Sector Undertaking

  • Performance Agreement means an agreement between an HSP and its CEO that requires the CEO to perform in a manner that enables the HSP to achieve the terms of this Agreement and any additional performance improvement targets set out in the HSP’s annual quality improvement plan under the Excellent Care for All Act, 2010;

  • Performance Stock means a Target Number of Shares granted pursuant to Section 10(a) of the Plan.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • 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 all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

  • Long-Term Incentive Plan or “LTIP” means a plan providing compensation intended to motivate performance over a period greater than one financial year. LTIPs do not include option or SAR plans or plans for compensation through shares or units that are subject to restrictions on resale;

  • Performance Stock Award means a Stock Award granted under the terms and conditions of Section 6(c)(i).

  • incentive plan award means compensation awarded, earned, paid, or payable under an incentive plan;

  • Cash Award means an award denominated in cash.

  • Performance Unit Award means an award of Performance Units under this Plan.

  • Performance Award means any right granted under Section 6(d) of the Plan.

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.