Performance Change definition

Performance Change means, with respect to each Limited Partner for each Performance Period, the difference between:
View Source
Performance Change means, with respect to each Member for each Performance Period, any amount by which:
View Source
Performance Change means, with respect to each Limited Partner for each Performance Period, the difference between: (1) the sum of (a) the balance of such Limited Partner’s Capital Account as of the close of the Performance Period (after giving effect to all allocations to be made to such Limited Partner’s Capital Account as of such date other than any Performance Allocation to be debited against such Limited Partner’s Capital Account), plus (b) any debits to such Limited Partner’s Capital Account during the Performance Period to reflect any actual or deemed distributions or withdrawals with respect to such Limited Partner’s Interests in the Fund, plus (c) any debits to such Limited Partner’s Capital Account during the Performance Period to reflect any items allocable to such Limited Partner’s Capital Account pursuant to Section 5.02(b); and (2) the sum of (a) the balance of such Limited Partner’s Capital Account as of the commencement of the Performance Period, plus (b) any credits to such Limited Partner’s Capital Account during the Performance Period to reflect any contributions by such Limited Partner to the capital of the Partnership. If the amount specified in clause (1) exceeds the amount specified in clause (2), such difference is a “Positive Performance Change”, and if the amount specified in clause (2) exceeds the amount specified in clause (1), such difference is a “Negative Performance Change”.
View Source

Examples of Performance Change in a sentence

  • A more detailed definition of the scope of performance of the aforementioned Subject of Performance Change, including a description of individual items, time requirements and fees, as well as other binding conditions for the performance of the Subject of Performance Change, including the schedule and payment terms, are contained in Annex 1 to this Amendment.

  • The Matters Subject to Rebenchmarking may be recalibrated in accordance with this paragraph 17: to reflect the operation of Services on the CCOS during the Initial Benchmarking Period; and following the occurrence of a Material Performance Change.

  • Any amount of Positive Performance Change with respect to which the Performance Allocation was not applied due to the pro rata application of the Performance Allocation shall be included in the Positive Performance Change for the subsequent Performance Period when calculating the Performance Allocation for such subsequent Performance Period.

  • Any construction or restoration of the Premises following or necessitated by fire, flood, or other casualty, or any condemnation affecting any portion of the Premises, shall be deemed an Energy Performance Change, and the provisions of Section 9 and 10 shall be applicable.

  • In connection with any such settlement, a calculation of the Limited Partner's Performance Change through the date of the Recognition Event is made to determine whether any Performance Allocation is to be credited to the General Partner.

  • If Agency unreasonably delays in so notifying ESCO of a malfunction or emergency, and the malfunction or emergency is not otherwise corrected or remedied, such conditions will be treated as an Energy Performance Change and the applicable provisions of Section 11 shall be applied.

  • Any construction or restoration of the Premises following or necessitated by fire, flood, or other casualty, or any condemnation affecting any portion of the Premises, shall be deemed an Energy Performance Change, and the provisions of Article 11 and Attachment E shall be applicable.