Performance Factor definition

Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;
Performance Factor means an amount calculated as follows: Final Reference Leveli / Initial Reference Leveli
Performance Factor means an amount calculated as follows:

Examples of Performance Factor in a sentence

  • The Notice will: describe the Performance Factor and its actual or anticipated impact; include a description of any action the party is undertaking, or plans to undertake, to remedy or mitigate the Performance Factor; indicate whether the party is requesting a meeting to discuss the Performance Factor; and address any other issue or matter the party wishes to raise with the other party.

  • It may include one or more of the following actions: a requirement that the HSP develop and implement an improvement plan that is acceptable to the Funder; the conduct of a Review; an amendment of the HSP’s obligations; an in-year, or year-end, adjustment to the Funding, among other possible means of responding to the Performance Factor or improving performance.

  • Each party will notify the other party, as soon as reasonably possible, of any Performance Factor.

  • Where a meeting has been requested under section 9.2.3, the parties will meet to discuss the Performance Factor within 14 Days of the Date of the Notice.

  • The same Total Company Performance Factor is applied to all STAR award calculations, regardless of STAR business unit.


More Definitions of Performance Factor

Performance Factor means an amount calculated as follows: Final Reference Price / Initial Reference Price
Performance Factor means the sum of (a) the Growth Factor (as defined herein) and (b) the Profit Factor (as defined herein).
Performance Factor for the purposes of Article 19.5(e), means the ratio of the Net Production Rate to the bid Plateau Production Target, although in no event shall it exceed one point zero (1.0).
Performance Factor for the purposes of Article 19.4(b), means the ratio of the Net Production Rate to the Planned Production Rate, although in no event shall it exceed one (1.0)
Performance Factor has the meaning set forth on Schedule D to this Agreement.
Performance Factor means with respect to each Underlying, Final Reference Pricei / Initial Reference Pricei;
Performance Factor means any matter that could or will significantly affect a party’s ability tofulfill its obligations underthis Agreement;