Unsatisfactory Performance means any of the following:
Substantial Performance means the Work, or a substantial part of it, is ready for use or is being used for the purpose intended;
Total Performance means the date of the City’s acceptance of the Work in writing as fully performed according to the Contract Documents; and
human performance means human capabilities and limitations which have an impact on the safety and efficiency of aeronautical operations;
Index Performance means, in relation to an Index and an Auto-Call Valuation Date or the Valuation Date, as the case may be, a percentage calculated by the Calculation Agent in respect of such date in accordance with the following formula: Index Performanc e Final Index Level 100% Initial Index Level
Key Performance Indicator means a measure that captures the performance of a critical variable to expand and improve community-based corrections programs to promote offender success, ensure accountability, enhance public safety, and reduce recidivism.
Key Performance Indicators or “KPIs” means the performance measurements and targets set out in Part B of Framework Schedule 1 (Services and Key Performance Indicators);
Extreme performance coating means coatings designed for harsh exposure or extreme environmental conditions.
Standard of performance means a standard for emission of air pollutants which reflects the degree of emission limitation achievable through the application of the best system of emission reduction which (taking into account the cost of achieving such reduction) the Director determines has been adequately demonstrated.
task-based work means work in which a worker is paid a fixed rate for performing a task;
Service Level Failure means a failure to meet the Service Level Performance Measure in respect of a Service Level Performance Criterion;
Energy Performance Score means the numeric rating generated by Portfolio Manager that compares the Energy usage of the building to that of similar buildings.
Qualifying Performance Criteria means one or more of the following performance criteria, either individually, alternatively or in any combination, applied to either the company as a whole or to a business unit or related company, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to a previous year’s results or to a designated comparison group, in each case as specified by the Committee in the Award: sales, revenue, net income, net earnings, earnings per share, return on total capital, return on equity, cash flow, operating profit and margin rate, subject to adjustment by the Committee to remove the effect of charges for restructurings, discontinued operations,
Service Levels means the particular levels of service that the Contractor has undertaken to meet, and identified as service levels in the Statement of Requirements.
Objectively Determinable Performance Condition means a performance condition (i) that is established (A) at the time an Award is granted or (B) no later than the earlier of (1) 90 days after the beginning of the period of service to which it relates, or (2) before the elapse of 25% of the period of service to which it relates, (ii) that is uncertain of achievement at the time it is established, and (iii) the achievement of which is determinable by a third party with knowledge of the relevant facts. Examples of measures that may be used in Objectively Determinable Performance Conditions include net order dollars, net profit dollars, net profit growth, net revenue dollars, revenue growth, individual performance, earnings per share, return on assets, return on equity, and other financial objectives, objective customer satisfaction indicators and efficiency measures, each with respect to the Company and/or an Affiliate or individual business unit.
Schedule of Performance means that schedule of performance, attached hereto as Exhibit G and incorporated herein, setting forth the timelines for Milestones in the design, development, construction, and completion of the Project (including a construction timeline in customary form) together with the dates for submission of documentation required under this Agreement, which schedule shall be attached to the Development Plan and to the Declaration.
Service Level means the standard set forth below by which IBM measures the level of service it provides in this SLA.
Project Milestones means the project milestones set forth in Schedule-G;
Non-Performing Party shall have the meaning set forth in Section 11.2(b)(3) of this Agreement.
Performance includes performance by means of a disc player, tape machine, other devices for playing musical works, and includes performance by means of a radio and/or television set or diffusion loudspeakers, Whether or not the apparatus is owned by the employer or employee(s).
Performance Standard means the acceptable range of performance for a Performance Indicator or a Service Volume that results when a Performance Corridor is applied to a Performance Target.
Performance Metrics means criteria established by the Administrator relating to any of the following, as it may apply to an individual, one or more business units, divisions, or Affiliates, or on a company-wide basis, and in absolute terms, relative to a base period, or relative to the performance of one or more comparable companies, peer groups, or an index covering multiple companies:
Continuous work means work carried on with consecutive shifts of employees throughout the 24 hours of each of at least six consecutive days without interruption except during breakdowns or meal breaks or due to unavoidable causes beyond the control of the employer.
Energy savings performance contract means a public contract between a contracting agency and a qualified energy service company for the identification, evaluation, recommendation, design and construction of energy conservation measures, including a design-build contract, that guarantee energy savings or performance.
Performance Test means all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract.
Time of Performance means the specific time or times indicated in the Contract at which or within which delivery or other performance is to be completed.