{"component": "definition", "props": {"groups": [{"snippet_links": [{"key": "ratio-of", "type": "clause", "offset": [15, 23]}, {"key": "plant-capacity", "type": "clause", "offset": [54, 68]}, {"key": "with-respect-to", "type": "clause", "offset": [85, 100]}], "snippet": "(PR) means the ratio of plant output versus installed plant capacity at any instance with respect to the radiation measured. 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PR= (Measured output in kW / Installed plant capacity in kW* 1000 W/m2 /Measured radiation intensity in W/m2)", "samples": [{"hash": "WoJq4xp14e", "uri": "/contracts/WoJq4xp14e#performance-ratio", "label": "Power Purchase Agreement (Ppa)", "score": 36.0057678223, "published": true}, {"hash": "hSgmONWKFxi", "uri": "/contracts/hSgmONWKFxi#performance-ratio", "label": "Power Purchase Agreement", "score": 34.4040298462, "published": true}, {"hash": "fc6RxaxtJhw", "uri": "/contracts/fc6RxaxtJhw#performance-ratio", "label": "Power Purchase Agreement (Ppa)", "score": 26.1663246155, "published": true}], "size": 8, "hash": "fd17d525ddc53a2598a440521078767d", "id": 4}, {"snippet_links": [{"key": "the-percentage", "type": "definition", "offset": [6, 20]}, {"key": "resulting-from", "type": "definition", "offset": [21, 35]}, {"key": "first-year-measurement-period", "type": "definition", "offset": [83, 112]}, {"key": "the-performance", "type": "clause", "offset": [147, 162]}, {"key": "additional-purchase-consideration", "type": "clause", "offset": [225, 258]}, {"key": "equal-to", "type": "definition", "offset": [391, 399]}, {"key": "increased-by", "type": "clause", "offset": [699, 711]}], "snippet": "means the percentage resulting from dividing actual Qualifying \u2587\u2587\u2587\u2587\u2587\u2587\u2587\u2587 during the First Year Measurement Period by $9,500,000. After establishing the Performance Ratio, the percentage used to calculate this component of the Additional Purchase Consideration shall be calculated (as used in this Section 1.7(c)(i), the \u201cAttainment Percentage\u201d) as follows: The Attainment Percentage shall be equal to the Performance Ratio if the Performance Ratio is 100%, however, if the Performance Ratio is less than 100%, the Attainment Percentage shall be reduced by 2% for each 1% that the Performance Ratio is less than 100%, and if the Performance Ratio is more than 100%, the Attainment Percentage shall be increased by 1% for each 2% that the Performance Ratio exceeds 100%;provided, however, if the above calculation results in an Attainment Percentage that is less than 50%, then the Attainment Percentage shall be zero, and if such calculation results in an Attainment Percentage that is greater than 150%, the Attainment Percentage shall be 150%.", "samples": [{"hash": "8L4BwNmsKGR", "uri": "/contracts/8L4BwNmsKGR#performance-ratio", "label": "Asset Purchase Agreement (INX Inc)", "score": 21.0, "published": true}], "size": 8, "hash": "0d44b437203e456268711373f68da51f", "id": 5}, {"snippet_links": [{"key": "net-income", "type": "definition", "offset": [47, 57]}, {"key": "the-holding-company", "type": "clause", "offset": [61, 80]}, {"key": "book-value", "type": "definition", "offset": [89, 99]}, {"key": "total-assets", "type": "clause", "offset": [107, 119]}, {"key": "the-plan-year", "type": "clause", "offset": [171, 184]}, {"key": "distribution-event", "type": "definition", "offset": [227, 245]}, {"key": "article-2", "type": "clause", "offset": [262, 271]}, {"key": "to-this-agreement", "type": "clause", "offset": [382, 399]}, {"key": "in-no-event-shall", "type": "clause", "offset": [490, 507]}, {"key": "the-performance", "type": "clause", "offset": [508, 523]}], "snippet": "is a fraction whereby the numerator is (a) the Net Income of the Holding Company and the book value of the total assets of the Holding Company determined as of the end of the Plan Year immediately preceding the occurrence of a distribution event as set forth in Article 2 or 3 and the denominator is (b) the Projected Net Income and Projected Total Assets as set forth in Exhibit A to this Agreement, determined as of the end of the Plan Year immediately preceding such distribution event. In no event shall the Performance Ratio be greater than one (1).", "samples": [{"hash": "kdZtH7Jk0d1", "uri": "/contracts/kdZtH7Jk0d1#performance-ratio", "label": "Supplemental Executive Retirement Agreement (SCBT Financial Corp)", "score": 21.0, "published": true}, {"hash": "kUsP6rIolRg", "uri": "/contracts/kUsP6rIolRg#performance-ratio", "label": "Supplemental Executive Retirement Agreement (SCBT Financial Corp)", "score": 21.0, "published": true}, {"hash": "9czbii0o9TF", "uri": "/contracts/9czbii0o9TF#performance-ratio", "label": "Supplemental Executive Retirement Agreement (SCBT Financial Corp)", "score": 21.0, "published": true}], "size": 7, "hash": "db70058bcf4aafa20d6f7fdd905b074f", "id": 6}, {"snippet_links": [{"key": "the-percentage", "type": "definition", "offset": [6, 20]}, {"key": "resulting-from", "type": "definition", "offset": [21, 35]}, {"key": "acquired-business", "type": "clause", "offset": [49, 66]}, {"key": "income-contribution", "type": "definition", "offset": [77, 96]}, {"key": "second-year-measurement-period", "type": "definition", "offset": [108, 138]}, {"key": "the-performance", "type": "clause", "offset": [223, 238]}, {"key": "calculate-the", "type": "clause", "offset": [269, 282]}, {"key": "additional-purchase-consideration", "type": "clause", "offset": [297, 330]}, {"key": "equal-to", "type": "definition", "offset": [464, 472]}, {"key": "increased-by", "type": "clause", "offset": [772, 784]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1063, 1080]}, {"key": "consideration-payable", "type": "clause", "offset": [1115, 1136]}, {"key": "in-respect-of", "type": "clause", "offset": [1137, 1150]}], "snippet": "means the percentage resulting from dividing the Acquired Business Operating Income Contribution during the Second Year Measurement Period by Five Hundred Fifteen Thousand Six Hundred Dollars ($515,600). After establishing the Performance Ratio, the percentage used to calculate the amount of the Additional Purchase Consideration shall be calculated (as used in this Section 1.7(a)(ii), the \u201cAttainment Percentage\u201d) as follows: The Attainment Percentage shall be equal to the Performance Ratio if the Performance Ratio is 100%, however, if the Performance Ratio is less than 100%, the Attainment Percentage shall be reduced by 1% for each 1% that the Performance Ratio is less than 100%, and if the Performance Ratio is more than 100%, the Attainment Percentage shall be increased by 1% for each 1% that the Performance Ratio exceeds 100% up to 150%, and shall increase by 0.5% for each 1% between 150% and 200%; provided, however, if the above calculation results in an Attainment Percentage that is less than 50%, then the Attainment Percentage shall be zero. In no event shall the amount of Additional Purchase Consideration payable in respect of the Second Year Measurement Period exceed seven hundred thousand dollars ($700,000).", "samples": [{"hash": "4NVPxhSAhvw", "uri": "/contracts/4NVPxhSAhvw#performance-ratio", "label": "Asset Purchase Agreement (INX Inc)", "score": 21.0, "published": true}], "size": 6, "hash": "3dea3adb101bcbbacf367d276ec9a91b", "id": 7}, {"snippet_links": [{"key": "number-of", "type": "clause", "offset": [45, 54]}, {"key": "plan-years", "type": "clause", "offset": [55, 65]}, {"key": "diluted-basis", "type": "definition", "offset": [100, 113]}, {"key": "shares-of-common-stock", "type": "clause", "offset": [118, 140]}, {"key": "the-holding-company", "type": "clause", "offset": [144, 163]}, {"key": "day-of", "type": "clause", "offset": [176, 182]}, {"key": "the-plan-year", "type": "clause", "offset": [183, 196]}, {"key": "equal-to", "type": "definition", "offset": [216, 224]}, {"key": "previous-plan", "type": "definition", "offset": [349, 362]}, {"key": "with-respect-to", "type": "clause", "offset": [390, 405]}, {"key": "first-plan-year", "type": "definition", "offset": [410, 425]}, {"key": "this-agreement", "type": "clause", "offset": [432, 446]}, {"key": "the-employee", "type": "clause", "offset": [545, 557]}, {"key": "termination-of-service", "type": "definition", "offset": [560, 582]}, {"key": "with-the-bank", "type": "clause", "offset": [583, 596]}, {"key": "this-subsection", "type": "definition", "offset": [614, 629]}, {"key": "applicable-plan-year", "type": "definition", "offset": [743, 763]}, {"key": "determination-date", "type": "definition", "offset": [873, 891]}, {"key": "board-of-directors-of-the-bank", "type": "clause", "offset": [921, 951]}, {"key": "the-information", "type": "clause", "offset": [1033, 1048]}, {"key": "contained-in", "type": "definition", "offset": [1049, 1061]}, {"key": "form-10", "type": "clause", "offset": [1077, 1084]}, {"key": "annual-report", "type": "clause", "offset": [1087, 1100]}, {"key": "pursuant-to-section-13", "type": "clause", "offset": [1101, 1123]}, {"key": "securities-exchange-act-of-1934", "type": "definition", "offset": [1140, 1171]}, {"key": "other-information", "type": "clause", "offset": [1181, 1198]}, {"key": "stock-repurchases", "type": "definition", "offset": [1208, 1225]}, {"key": "other-extraordinary-events", "type": "clause", "offset": [1230, 1256]}, {"key": "notwithstanding-the", "type": "definition", "offset": [1315, 1334]}, {"key": "on-december", "type": "clause", "offset": [1466, 1477]}, {"key": "period-ending", "type": "definition", "offset": [1524, 1537]}, {"key": "prior-to-the", "type": "clause", "offset": [1924, 1936]}, {"key": "beginning-of-the", "type": "clause", "offset": [1937, 1953]}, {"key": "by-the-bank", "type": "clause", "offset": [2066, 2077]}, {"key": "affiliated-with", "type": "definition", "offset": [2112, 2127]}, {"key": "the-foregoing", "type": "definition", "offset": [2128, 2141]}, {"key": "the-performance", "type": "clause", "offset": [2256, 2271]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [2445, 2467]}, {"key": "the-determination", "type": "clause", "offset": [2514, 2531]}, {"key": "computation-of", "type": "clause", "offset": [2535, 2549]}], "snippet": "means a fraction, the numerator equaling the number of Plan Years that the per share earnings (on a diluted basis) on shares of common stock of the Holding Company on the last day of the Plan Year is greater than or equal to 110% of the per share earnings (on a diluted basis) on shares of common stock of the Holding Company on the last day of the previous Plan Year (or December 31, 2002 with respect to the first Plan Year under this Agreement) and the denominator equaling the number of Plan Years from the inception of this Agreement until the Employee's termination of service with the Bank. For purposes of this subsection, per share earnings (on a diluted basis) on shares of common stock of the Holding Company on the last day of the applicable Plan Year or December 31, 2002 with respect to the first Plan year under this Agreement (hereinafter referred to as a \"Determination Date\") shall be determined by the Board of Directors of the Bank or its designee, within 190 days of the applicable Determination Date, utilizing the information contained in the applicable Form 10-K Annual Report Pursuant to Section 13 or 15(D) of the Securities Exchange Act of 1934 and such other information (such as stock repurchases and other extraordinary events) as the Board of Directors of the Bank deems appropriate. Notwithstanding the first sentence of this subsection, if the per share earnings (on a diluted basis) of shares of common stock of the Holding Company on December 31, 2007 (or after the initial five Plan Year period ending on December 31, 2007, the last day of the Plan Year that concludes the next five Plan Year period; e.g., December 31, 2012, December 31, 2017, etc.) is greater than or equal to 161 % of the per share earnings on shares of common stock of the Holding Company on the December 31, 2002 (or after the initial five Plan Year period ending on December 31, 2007, the last day of the Plan Year prior to the beginning of the next five Plan Year period; e.g., December 31, 2007, December 31, 2012, etc.) and the Employee remains employed by the Bank, the Holding Company or an entity affiliated with the foregoing as of such last day of the applicable five Plan Year period, the numerator of the fraction utilized for computing the Performance Ratio will be determined as if the 110% target had been attained for any Plan Year during that five Plan Year period in which the 110% target had not been attained. None of the provisions of this subsection shall be interpreted as permitting the determination or computation of a Performance Ratio in excess of 100%.", "samples": [{"hash": "j84jdxqmoIH", "uri": "/contracts/j84jdxqmoIH#performance-ratio", "label": "Supplemental Executive Retirement Agreement (First National Corp /Sc/)", "score": 18.0, "published": true}, {"hash": "hgSYANaKlVO", "uri": "/contracts/hgSYANaKlVO#performance-ratio", "label": "Supplemental Executive Retirement Agreement (First National Corp /Sc/)", "score": 18.0, "published": true}, {"hash": "9bxlR3hf4Nh", "uri": "/contracts/9bxlR3hf4Nh#performance-ratio", "label": "Supplemental Executive Retirement Agreement (First National Corp /Sc/)", "score": 18.0, "published": true}], "size": 5, "hash": "3771ed94b897b24d2e4b8c170cac4177", "id": 8}, {"snippet_links": [{"key": "ratio-of", "type": "clause", "offset": [47, 55]}, {"key": "plant-capacity", "type": "clause", "offset": [86, 100]}, {"key": "with-respect-to", "type": "clause", "offset": [117, 132]}, {"key": "generation-meter", "type": "definition", "offset": [195, 211]}, {"key": "solar-insolation", "type": "definition", "offset": [258, 274]}], "snippet": "(PR) means :\u201cPerformance Ratio\u201d (PR) means the ratio of plant output versus installed plant capacity at any instance with respect to the radiation measured. PR = (Measured output in kWh at solar generation meter) / (Installed Plant capacity in kW * Measured solar insolation in kWh/m2* 1 m2/kW)", "samples": [{"hash": "5VRAaK45Trs", "uri": "https://www.smartcitybsp.com/public/assets/images/tmpphpzzydju.pdf", "label": "www.smartcitybsp.com", "score": 9.1013002396, "published": false}, {"hash": "hs3M18ExBHW", "uri": "https://www.smartcitybsp.com/public/assets/images/tmpphp2wqgs7.pdf", "label": "www.smartcitybsp.com", "score": 9.1013002396, "published": false}, {"hash": "3RWIfJyU75A", "uri": "https://www.smartcitybsp.com/public/assets/images/tmpphpyzgseg.pdf", "label": "www.smartcitybsp.com", "score": 9.0821352005, "published": false}], "size": 5, "hash": "f73858e599d3f122ee1ed655d51d0af8", "id": 9}, {"snippet_links": [{"key": "percentage-rate", "type": "definition", "offset": [8, 23]}, {"key": "average-percentage", "type": "definition", "offset": [36, 54]}, {"key": "set-out", "type": "definition", "offset": [71, 78]}, {"key": "allocation-notice", "type": "definition", "offset": [86, 103]}, {"key": "with-respect-to-an", "type": "clause", "offset": [104, 122]}, {"key": "a-member", "type": "definition", "offset": [141, 149]}, {"key": "date-of", "type": "clause", "offset": [183, 190]}, {"key": "performance-criteria", "type": "definition", "offset": [233, 253]}], "snippet": "means a percentage rate or weighted average percentage rate, as may be set out in the Allocation Notice with respect to an RSU Allocation to a Member, to be applied as of a Valuation Date of an RSU Allocation upon the achievement of Performance Criteria.", "samples": [{"hash": "ftfTxRKvM9P", "uri": "https://www.sec.gov/Archives/edgar/data/868675/000110465923040312/tm2310397d1_ex99-5.htm", "label": "Telus Corp", "score": 16.2429847717, "published": false}, {"hash": "8t0G2gRvazh", "uri": "https://www.sec.gov/Archives/edgar/data/868675/000110465922114968/tm2229199d1_ex99-2.htm", "label": "Telus Corp", "score": 15.8405199051, "published": false}, {"hash": "bsS30BklCVT", "uri": "https://www.sec.gov/Archives/edgar/data/868675/000110465919035631/a19-11527_1ex99d1.htm", "label": "Telus Corp", "score": 12.4483232498, "published": false}], "size": 4, "hash": "cfa9ac1ba3baadaf12ff2907978dc66b", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIacGVyZm9ybWFuY2UtcmF0aW8jMDAwMDAwMGEMogECZW4YACAA", "definition": {"title": "Performance Ratio", "snippet": "(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).", "size": 237, "id": "performance-ratio", "examples": ["Such Weather <strong>Performance Ratio</strong> shall only apply if the ratio is less than 1.00.", "The following is an example of a Measured <strong>Performance Ratio</strong> calculation and is included for illustrative purposes only.", "In the event that the IE Assessment Report includes the supporting data (plane of array irradiance and corresponding power output) relied upon in arriving at the NEP IE Estimate, but does not set forth a GPR, the GPR Performance Metric shall be calculated using such supporting data and the Measured <strong>Performance Ratio</strong> formula in Section 2.6(a)(ii) of this Agreement.", "For purposes of determining liquidated damages under this Section 2.6(c) (GPR Performance Metric and Liquidated Damages), the amount by which the Measured <strong>Performance Ratio</strong> for the MPR Assessment Period in question falls below the applicable threshold shall be rounded to the nearest one-tenth of one percent (0.001).", "For each MPR Assessment Period, a Measured <strong>Performance Ratio</strong> shall be calculated as provided in Section 2.6(a) (Calculation of Measured <strong>Performance Ratio</strong>) of this Agreement.", "WPR = Weather <strong>Performance Ratio</strong>, measured as the ratio of the actual insolation over typical (pro- forma) insolation.", "The Measured <strong>Performance Ratio</strong> (&quot;MPR&quot;) represents the PV System&#x27;s measured AC power output compared to its theoretical DC power output as adjusted for the plane of array irradiance conditions measured at the Site [Drafting Note: May require revision for DC output].", "A deration or outage required by Company pursuant to the preceding sentence shall be considered &quot;unplanned&quot; and, until the conditions that led to the deration or outage are resolved by Seller and Seller notifies Company of the same, any such deration shall &quot;count against&quot; Seller for purposes of calculating the Measured <strong>Performance Ratio</strong>, and any such outage shall &quot;count against&quot; Seller for the purpose of calculating the PV System Equivalent Availability Factor.", "For purposes of calculating the Measured <strong>Performance Ratio</strong>, the Seller shall provide (i) Plane of Array irradiance, (ii) back of panel temperature at array height, and (iii) the power production at the transducer on the Seller&#x27;s side of the Point of Interconnection.", "The terms of engagement with the OEPR Evaluator shall require the OEPR Evaluator to issue an OEPR that shall include a NEP OEPR Estimate and a Guaranteed Measured <strong>Performance Ratio</strong> Benchmark within 30 Days following the NEP Applicable Verification Date (&quot;First OEPR&quot;)."], "related": [["debt-service-ratio", "Debt Service Ratio", "Debt Service Ratio"], ["ltm-ebitda", "LTM EBITDA", "LTM EBITDA"], ["performance-measurement-period", "Performance Measurement Period", "Performance Measurement Period"], ["equity-ratio", "Equity Ratio", "Equity Ratio"], ["capitalization-ratio", "Capitalization Ratio", "Capitalization Ratio"]], "related_snippets": [], "updated": "2025-07-23T06:00:50+00:00"}, "json": true, "cursor": ""}}