Performance Benchmark definition

Performance Benchmark means a measurable objec-

Performance Benchmark means, net sales less finance charges less cost of sales less sales, general and administrative expenses (SG&A) of the Company and its subsidiaries on a consolidated basis. For the avoidance of doubt, Performance Benchmark shall include acquisition goodwill amortization of the Company (including its consolidated subsidiaries) for acquisition goodwill created prior to the Tender Offer Closing Date of $4.152 million; and shall exclude (i) interest expense, (ii)the Parent's corporate expenses; (iii) the goodwill amortization of the Parent relating to the Merger and related purchase price adjustments; (iv) additional depreciation expense resulting from the write up of assets following the Merger; (iv) expenses relating to the period after the Merger for environmental, health and safety expenses, plant reorganization, product liability insurance savings; (v) savings resulting from the elimination of the obligation of the Company to report its financial results publicly; and (vi) the effect of acquisitions by the Company or its subsidiaries after the Merger Date or of the transfer by the Parent of any business or product line to the Company or its subsidiaries.

Performance Benchmark means the benchmark comprising 50% of the return of the Mxxxxx Sxxxxxx Capital International (MSCI) All Countries World Index, Net Dividends Reinvested as published by MSCI (Bloomberg Ticker: M1WD or its successor) plus 50% of the return of Mxxxxx Sxxxxxx Capital International (MSCI) All Countries World Index, Gross Dividends Reinvested as published by MSCI (Bloomberg Ticker: M2WD or its successor).

Examples of Performance Benchmark in a sentence

• Performance Fee Calculation The Management Company shall earn a performance fee equal to 15% of the out- performance a Unit Class achieved over the Performance Benchmark.

• The Performance Benchmark will be adjusted for any distributions in the case of a Distributing Share Class.

• Performance Benchmark Requirements Companies with multiple SBIR/STTR awards must meet minimum performance requirements to be eligible to apply for a new Phase I or Direct-to-Phase II award.

• The Performance Benchmark and the Sub-Fund’s Unit Class Performances are calculated net of management fees and charges.

• The Performance Benchmark is expressed in the denomination currency of the relevant Share Class, or for Hedged Share Classes, hedged to the denomination currency of the relevant Class.

More Definitions of Performance Benchmark

Performance Benchmark means, as of any date of determination, the greater of the Lower Hurdle or the highest amount of Net Management Fees attributable to any Performance Measurement Period that results in a positive Performance Amount pursuant to Section 2.09.

Performance Benchmark means, in relation to any Portfolio Business Day “N”, a number expressed as a percentage rounded to the nearest one ten-thousandth of a percentage point (0.0001%) and equal to:N Performance Rate  ∏ 1 +360 − 1 where:

Performance Benchmark has the meaning set forth in Section 4.2.2. 34

Performance Benchmark refers to at least a four-month improvement in survival rates attributable to Tenant's drug, as compared to the control arm, as reflected in the topline read-out of the final data from the ADAPT Study.

Performance Benchmark means the net profit benchmark as set out in Article VI of the 1st Agreement, that is RMB 170,200,000;

Performance Benchmark means the benchmark against which the performance of a Fund can be measured;

Performance Benchmark means the performance targets to be achieved by the Group as more particularly set out in Section 6.1.