Performance-Based Incentives definition

Performance-Based Incentives means Awards, the vesting of which is contingent upon achievement by the Company of milestones or targets specified in the underlying Award Agreement;

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Performance-Based Incentives or “PBIs” means the performance objectives and milestones determined in accordance with Part 2 of the Finance Schedule (Use of Performance Based Incentives), including Multi-Year PBIs and “PBI” shall be construed accordingly;

Performance-Based Incentives means monetary incentives paid by SED to teachers in the best performing public primary, elementary and high schools in the amount of approximately Rs. 1000, Rs. 1500 and Rs. 2000, respectively, per month, per teacher under the program, approved by the SED pursuant to Notification SO (S111) 2-16/2007, dated December 11, 2008.

Examples of Performance-Based Incentives in a sentence

• Attributes are defined as any public and/or utility-provided in- centives or payments, and include but are not limited to Renewable En- ergy Credits (“RECs”), Performance-Based Incentives (“PBIs”), Capacity- Based Incentives (“CBIs”) and any other existing or future incentives that may arise.

• Performance-Based Incentives may be paid to Consultant in the form of additional stock issuances or cash equivalent depending on the growth of the Company, to be determined and agreed to by the Parties.

• Attributes are defined as any public and/or utility-provided incentives or payments, and include but are not limited to Renewable Energy Credits (“RECs”), Performance-Based Incentives (“PBIs”), Capacity Based Incentives (“CBIs”) and any other existing or future incentives that may arise.

• If there is a change in ownership of the property which hosts the SGIP equipment, the new owner may continue to receive the Performance-Based Incentives (PBI) if the owner completes a new interconnection agreement.

More Definitions of Performance-Based Incentives

Performance-Based Incentives means payments for reasonable costs of goods, works, Salary Incentives and services, made from the Borrower, through SHA, to an Eligible PHC Facility on the basis of its level of achievement of a set of performance indicators set forth in the respective PHC Performance Agreement and the PBF Manual.

Performance-Based Incentives means the total amount to be made available by the Recipient out of the proceeds of the Financing to a Productive Partnership to finance activities included in the business plan of the Productive Partnership, as such incentives shall be calculated on the basis of the Output Value.

Performance-Based Incentives means reasonable performance honoraria that are to be paid to government servants for implementation of the Project activities pursuant to achievement of targets set for the project development objective indicators and I or project intermediate results indicators, as the same is approved by the PSC and satisfactory to the World Bank”.