Performance Increment definition

Performance Increment means, with respect to Manager Shares issued by an Offshore Fund to an Offshore Related Partnership with respect to each applicable period, the Performance Increment or similar performance fee or profit allocation (as defined in the organizational documents of such Offshore Fund) that has been definitively calculated and booked by such Offshore Fund during such period (after giving effect to the reduction for the Selling Commission (as defined in the organizational documents of such Offshore Fund) or similar solicitation or brokerage fees and after giving effect to any reduction for any Performance Fee).
Sample 1Sample 2Sample 3
Performance Increment is the Total Shareholder Return with respect to the Company's Common Stock minus the Total Shareholder Return of the median company in the Dow Jonex XX Electrical Utilities Index-All Regions (ELC) as in effect at the end of the Performance Period.
Sample 1Sample 2
Performance Increment. A salary increase agreed to within the “Master Agreement” and awarded as of the first duty day of the school year, dependent on successful rating. (formerly understood as a step) Master Teacher: A licensed employee hired to observe tenured Teachers using the modified “Xxxxxxx Framework for Effective Teaching – Tenured Format 2011.” Xxxxxxx Framework for Effective Teaching – Tenured Format 2011-13: This document will be used when observing tenured Teachers. There are several domains in this document, and it is agreed that one-half (1/2) of them will be used during 2011-2012, and a substantially different one-half (1/2) will be used during 2012-2013.
Sample 1

Examples of Performance Increment in a sentence

  • As an exception to Performance Increment Advancement provisions as set forth in Subd.

  • Thereafter, in order to advance to the next Performance Career increment (18, 22, 26), a teacher must remain at the previous Career Performance Increment a minimum of 4 years.

  • In order to advance to the Career Performance Increment 14, a teacher must remain at Performance Increment 11 for a minimum of three (3) years or until the teacher has completed a minimum of 13 contracted teaching years in the School District, whichever comes first.

  • Public engagement has been patchy, but is growing Extensive consultation is “…the kind of [thing] that...Southern Ontarians…had really come to expect”.

  • Exception: teachers currently at or beyond Career Performance Increment 11 may advance to Career Performance Increment 18 as provided in Subd.

  • Exception: teachers currently at or beyond Career Performance Increment 11 may advance to Career Performance Increment 14 as provided in Subd.

  • As promptly as practicable (which may be following the Closing), the Company and the Partners shall use all commercially reasonable efforts to cause each Offshore Fund to amend its organizational documents (and obtain all necessary consents and approvals in connection therewith) to permit the modification of the formulas for determination and payment of the Performance Increment thereunder as, when and to the extent contemplated by the Offshore Management Agreements and Section 5.7 of the LLC Agreement.

  • Performance Increment: An employee will receive salary increment in case he/she demonstrates excellent performance throughout the performance year and is recommended for increment by immediate supervisor according to Performance Appraisal Process of the Company.

  • The net asset value per share for the Manager Shares, at the end of any fiscal year, is equal to such class’ share of the net assets of the International Sub- Fund plus the Net Performance Increment divided by the number of Manager Shares outstanding.

  • For example, equipment, subgrants, and professional service agreements require prior written approval from the awarding division.Grants that are more than $150,000 require an approved budget revision request for transfers among direct cost categories, when the cumulative amount of transfers exceeds, or is expected to exceed, 10 percent of the total budget as last approved.


More Definitions of Performance Increment

Performance Increment means, with respect to Manager Shares issued by an Offshore Fund to an Offshore Related Partnership, the Performance Increment or similar performance fee or profit allocation as defined in the organizational documents of such Offshore Fund or, with respect to the Offshore Management Agreement in respect of an Offshore Fund, the Performance Increment (or similar performance fee or profit allocation) as defined in such Offshore Management Agreement. [Confirm the result is net of solicitor/broker fees.]
Sample 1

Related to Performance Increment

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Fixed Incremental Amount means (i) the greater of $920,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Available Incremental Amount has the meaning specified in Section 2.14(4)(c).

  • Incremental Amount means, at any time, the excess, if any, of (a) $200.0 million over (b) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Facility Commitments established prior to such time pursuant to Section 2.21.

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Increment means twelve (12) months of service credit which are purchased. The

  • Incremental Auction Revenue Rights means the additional Auction Revenue Rights, not previously feasible, created by the addition of Incremental Rights-Eligible Required Transmission Enhancements, Merchant Transmission Facilities, or of one or more Customer- Funded Upgrades.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Tax Increment means the difference between:

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Annual increase means, initially, fifty-nine cents per month

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Increase has the meaning specified in Section 2.16(a).

  • Bid Incremental value means the minimum amount over and above the last highest bid amount by which any participating Qualified Bidder will be required to increase the next bid on the auction portal;

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Available Increase Amount means, as of any date of determination, an amount equal to the result of (a) $50,000,000, minus (b) the aggregate principal amount of Increases to the Revolver Commitments previously made pursuant to Section 2.14 of this Agreement.

  • Incremental Equivalent Debt means Indebtedness incurred by the Loan Parties in the form of senior secured or unsecured notes or loans or junior secured or unsecured notes or loans and/or commitments in respect of any of the foregoing issued, incurred or implemented in lieu of loans under an Incremental Facility; provided, that:

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • First Incremental Auction means an Incremental Auction conducted 20 months prior to the start of the Delivery Year to which it relates.