Performance Interest definition

Performance Interest means a dollar amount equal to 26 2/3% of the Interest Rate.
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Performance Interest means a dollar amount equal to 26-2/3% of the Base Interest credited to the Participant's Base Account or Retirement Account, as the case may be, for a Plan Year.
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Examples of Performance Interest in a sentence

  • For a discussion of a range of further examples relating to property protection of contract rights that show this pattern of intermediate standardi- zation in situations between the in rem and in personam, see generally P.G. Turner, Proprietary Modes of Protecting the Performance Interest in Contract (July 2011) (unpublished manuscript) (on file with the Harvard Law School Library).

  • In addition to the earnings determined under Section 3.1(a), as of the last day of each calendar year, the Committee may, in its sole discretion, credit Performance Interest for such year to the Participant’s 2005 Account based upon such performance factors as the Committee deems appropriate for such year.

  • Also, as of the last day of each calendar year, the Committee may, in its sole discretion, credit Performance Interest for the year to the Participant’s 2005 Account based upon such performance factors as the Committee deems appropriate for such year.

  • The PSBB Advisory Board consists of five voting members: A PS faculty member that serves as chair, the Black Box Managing Director, an undergraduate student (usually, the President of the Performance Interest Group), a graduate student, and an alumnus of the program.

  • See Brian Coote, ‘Contract Damages, Ruxley, and the Performance Interest’ (1997) 56 Cambridge Law Journal 537; Brian Coote, ‘The Performance Interest, Panatown, and the Problem of Loss’ (2001) 117 Law Quarterly Review 81; Stephen A Smith, ‘Substitutionary Damages’ in Charles Rickett (ed) Justifying Private Law Remedies (Hart Publishing, 2008) 93; Charlie Webb, ‘Justifying Damages’ in Jason W Neyers, Richard Bronaugh and Stephen G A Pitel (eds), Exploring Contract Law (Hart Publishing, 2009) 139.

  • Investment performance for the quarter ending 30 June 2018 is as follows: BenchmarkBenchmarkReturnCouncil Performance Interest Earning7 day LIBID0.43%0.48%£17,757 The Council outperformed the benchmark by 0.05%.

  • See Schlechtriem, ‘Damages, Avoidance of the Contract and Performance Interest under the CISG’ (2006) (available athttp://cigw3.law.pace.edu/cisg/biblio/schlechtriem21.html).

  • Friedmann, ‘The Performance Interest in Contract Damages’ (1995) 111 LQR 628.

  • Annualised Performance Interest Notes: The Issuer may issue Annualised Performance InterestNotes.

  • Capital debt ratio is calculated by the formula:Macroeconomic Performance: Interest rate using a Beta value of Interest Rate calculated through data regression SBI Closing Price per month against mining companies from January 2011-December 2014 were obtained from the BI data.Economic growth : Gross Domestic Product (GDP) is the total production of goods and services produced by the domestic population and the foreign population residing in the country.

Related to Performance Interest

  • Income interest means the right of an income beneficiary to receive all or part of net income, whether the terms of the trust require it to be distributed or authorize it to be distributed in the trustee's discretion.

  • Advance Interest means the interest accrued on any Servicing Advance which is payable to the party that made that Servicing Advance, in accordance with the Lead Securitization Servicing Agreement.

  • Performance Factor means any matter that could or will significantly affect a party’s ability to fulfill its obligations under this Agreement;

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Performance Factors means any of the factors selected by the Committee and specified in an Award Agreement, from among the following objective measures, either individually, alternatively or in any combination, applied to the Company as a whole or any business unit or Subsidiary, either individually, alternatively, or in any combination, on a GAAP or non-GAAP basis, and measured, to the extent applicable on an absolute basis or relative to a pre-established target, to determine whether the performance goals established by the Committee with respect to applicable Awards have been satisfied:

  • Class CE Interest An uncertificated interest in the Trust Fund held by the Trustee on behalf of the Holders of the Class CE Certificates, evidencing a Regular Interest in REMIC III for purposes of the REMIC Provisions.

  • Performance Date means December 31, 2025. If the Locality, in consultation with VEDP, deems that good faith and reasonable efforts have been made and are being made by the Company to achieve the Targets, on or before the Performance Date the Locality may request an extension of the Performance Date by up to 15 months. Any extension of the Performance Date shall require the prior approval of the Company and the Board of Directors of VEDP (the “Board”). If the Performance Date is extended, the Locality shall send written notice of the extension to the Authority, the Company and VEDP and the date to which the Performance Date has been extended shall be the “Performance Date” for the purposes of this Agreement.

  • Compounded Interest shall have the meaning set forth in Section 4.1.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Performance Fee means the fee payable to the Advisor under certain circumstances if certain performance standards have been met and the Subordinated Incentive Fee has not been paid.

  • Non-Performance Charge means the charge applicable to Capacity Performance Resources as defined in Tariff, Attachment DD, section 10A(e). Nonincumbent Developer:

  • Performance Corridor means the acceptable range of results around a Performance Target.

  • Incentive Payment means the payment to a STGU, including an AOBC Generation Unit, for RPS class I Renewable Generation Attributes and/or Environmental Attributes produced by these units, calculated pursuant to Section 7.0 below.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Performance Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.

  • Performance Cash Award means an award of cash granted pursuant to the terms and conditions of Section 6(c)(ii).

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.

  • Advance Interest Amount means interest payable on Advances, as specified in the Servicing Agreement or Non-Lead Securitization Servicing Agreement, as applicable.

  • Individualized family service plan means a written plan for providing early intervention services to an eligible child and the child’s family.

  • Common profits means the balance of all income, rents, profits and revenues from the common areas and facilities remaining after the deduction of the common expenses;

  • Performance Ratio (PR) means the ratio of plant output versus installed plant capacity at any instance with respect to the radiation measured. PR= (Measured output in kW / Installed Plant capacity in kW * (1000 W/m2/Measured radiation intensity in W/m2).

  • Annual performance report means a written appraisal of the teaching staff member's performance prepared by the teaching staff member’s designated supervisor based on the evaluation rubric for his or her position.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Performance Data means a rating, ranking, quotation, discussion or analysis regarding an aspect of the investment performance of an investment fund, an asset allocation service, a security, an index or a benchmark;

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.