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

  • 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.

  • 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.

  • The Outperformance Plan award and any future equity award that is subject to performance-based vesting requirements other than continued employment will be treated in accordance with their terms.

  • Except as provided in this Agreement, no amendment will reduce the FFO Outperformance Amount or adversely affect the number or value of the Grantee’s Award Shares or the Grantee’s rights with respect to vesting without the Grantee’s written consent.

  • During the Term, Executive shall be eligible to participate in any Outperformance Incentive Award plan (including any similar plan or other substitute plan) that may be adopted by the Board in its sole discretion on terms that are at least as favorable to those made available to other senior executives of the Company in accordance with the terms of the applicable program document.

  • For avoidance of doubt, the provisions of this Section 7(c)(ii) shall not apply to (1) grants made under the Outperformance Plans, which shall be governed by their terms as in effect from time to time and (2) option grants made under the ▇▇ ▇▇▇▇▇ Realty Corp.

  • Upon the death or Disability (as defined below) of Employee, Employee’s employment with Company shall terminate and the Company shall have no further obligation to Employee, or Employee’s successor(s) in interest; provided that the Company shall pay to Employee or the estate of Employee the amounts set forth in Section 6(h), plus any Annual Bonus or Outperformance Bonus provided for in Section 3(b).

  • For avoidance of doubt, the provisions of this Section 7(a)(iv) shall not apply to grants made under the Outperformance Plans, which shall be governed by their terms as in effect from time to time and the provisions of Section 7(a)(iii) above.

  • Brandywine Realty Trust and the Participant who is signatory hereto, hereby agree to the terms of this Award Certificate and the Brandywine Realty Trust Outperformance Share Award Agreement to which it is attached.

  • For avoidance of doubt, the provisions of this Section 7(e) (other than the full acceleration of any time-based vesting (but not the payment of the Gross-Up Amount in connection with such acceleration)) shall not apply to grants made under the Outperformance Plans, which shall be governed by their terms as in effect from time to time.


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;
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Outperformance means the anlount of efficiency savings which are:-
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