Definition of Performance Condition


Performance Condition means a condition stated in the Award Statement for an Award or a Tranche of an Award which determines the extent to which that Award or Tranche will become capable of settlement.


Performance Condition means any performance condition imposed under rule 4.1 (Performance Conditions);

Performance Condition means the performance-based condition to vesting specified in the Notice. Except as specified in Section 3(c), the Performance Condition shall not be satisfied unless and until the Committee determines that such condition is satisfied on the Determination Date.

Examples of Performance Condition in a sentence

APPROVAL CONDITION - Hours of work for Demolition / Clearance / Construction [Performance Condition] All works relating to the demolition, clearance and construction of the development hereby granted shall only take place between the hours of; Monday to Friday 08:00 hours to 18:00 hours (8.00am to 6.00pm) Saturdays 09:00 hours to 13:00 hours (9.00am to 1.00pm) And at no time on Sundays and recognised public holidays.
APPROVAL CONDITION- Unsuspected Contamination [Performance Condition] The site shall be monitored for evidence of unsuspected contamination throughout construction.
Hours of work for Demolition / Clearance / Construction [Performance Condition] All works relating to the demolition, clearance and construction of the development hereby granted shall only take place between the hours of; Monday to Friday 08:00 hours to 18:00 hours (8.00am to 6.00pm) Saturdays 09:00 hours to 13:00 hours (9.00am to 1.00pm) And at no time on Sundays and recognised public holidays.
Protection of nesting birds [Performance Condition] No clearance of vegetation likely to support nesting birds shall take place between 1 March and 31 August unless a method statement has been agreed in writing by the Local Planning Authority and works implemented in accordance with the agreed details.
APPROVAL CONDITION - Bonfires [Performance Condition] No bonfires are to be allowed on site during the period of demolition, clearance and construction.



More definitions of Performance Condition

Performance Condition means a condition related to performance which is specified by the Committee under Rule 4.1 (Terms of grant);


Performance Condition means any performance condition imposed under rule 1.4;

Performance Condition means a performance condition established with respect to an Award in accordance with the provisions hereof.

Performance Condition means any performance condition imposed under rule 3;

Performance Condition means any condition to the vesting of an Award based on the performance of the Company (including one or more of its Subsidiaries), the performance of any branch, business unit of the Company (or of any Subsidiary), or the performance of an individual Participant (other than remaining employed by the Company or a Subsidiary), whether based on absolute or relative performance measures, and whether or not the Award is intended to be a Qualified Performance-Based Award.

Performance Condition means any performance condition imposed under rule 1.4 (Terms of Awards);

Performance Condition means any performance or other condition imposed by the Trustees pursuant to Rule 3.3 in relation to an Award and specified in the Award Deed in relation to that Award;