Performance Incentive definition

Performance Incentive shall have the meaning ascribed to it in Clause 4.10.

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Performance Incentive means the amount which is in excess of the Anticipated Profit for the Investment and which is payable to the Bank as a performance incentive for the Investment;

Performance Incentive means, with respect to each Limited Partner, 10% of the amount, determined as of the close of each Incentive Period, if any, of (1) the Limited Partner's allocable share of Net Profits calculated in accordance with Section 5.4 of this Agreement (excluding amounts previously allocated to repurchased or distributed portions of the Limited Partner's Capital Account during the Incentive Period), in excess of the Limited Partner's allocable share of Net Losses calculated in accordance with Section 5.4 of this Agreement (excluding amounts previously allocated to repurchased or distributed portions of the Limited Partner's Capital Account during that Incentive Period), above (2) the greater of (a) the Limited Partner's Hurdle Rate Amount for a given Incentive Period or (b) the Limited Partner's Loss Carryforward Amount, if any, for a given Incentive Period. The Performance Incentive for a given Incentive Period will be adjusted with respect to any contributions, transfers, distributions, withdrawals and repurchases applicable to the Limited Partner's Capital Account for that Incentive Period, or portion thereof.

Examples of Performance Incentive in a sentence

• This allocation will reflect the maximum the Contractor can earn for each Performance Incentive Standard per Reporting Period.

• Only training hours logged in the LMS system will count towards the Training Performance Incentive Standard.

• The Contractor shall seek approval for training developed by sources other than the SDC, Department or SDC certified county trainers in advance of submitting the documentation for the Training Performance Incentive Standard.

• The Contractor’s performance and compliance with the Performance Incentive Standards listed under section 6.2.1 will be deemed final, as determined by the Department, and Performance Incentive Payments made without the opportunity to submit an exemption for unusual circumstances.

• The Parties entered into the Agreement to create performance-related benchmarks for county departments of human/social services that achieve certain Performance Incentive Standards related to determining and redetermining Medicaid eligibility, those populations currently enrolled in Medicaid and cooperation with other Medicaid-related entities.

More Definitions of Performance Incentive

Performance Incentive means the payment to the Operator under Article 9 for achieving certain performance levels of operation.

Performance Incentive shall have the meaning ascribed to it in Clause 3.12. ff) “Pithead” shall mean any of the following as the context may admit: In case of an underground Coalmine, Pithead shall mean the point of entry into the mine on the surface of coal mine at the ground level and would be a place or point distinct from Delivery Point; In case of an open-cast Coalmine, Pithead shall mean the exit point of Coal on surface (mouth/entry of the main access trench or an auxiliary access trench). In case of open-cast mines with more than one exit points of Coal, there will be as many ‘Pitheads’ and will apply respectively to the amount of Coal egressing from a particular exit point. The distance of transportation on surface from the Pithead (mouth of the main access trench or an auxiliary access trench) to the Colliery Loading Point shall be measured along the route of Coal transportation.

Performance Incentive means the Quarterly Performance Incentive and the Annual Performance Incentive.

Performance Incentive means the Investment Profit amount which is in excess of the Anticipated Profit for the Investment and which is payable to the Bank as a performance incentive for the Investment;

Performance Incentive means, in the case of any Participant, the incentive payable to such Participant under the Plan for the applicable Plan Year.

Performance Incentive means the amount to be paid to the Participant for each Pay-for-Performance Period calculated as the Incentive Rate multiplied by the Electricity Savings

Performance Incentive. Music band directors and assistant directors who perform at state tournament events will receive an additional $100 bonus.