Punctuality Incentive Payment definition
Punctuality Incentive Payment has the meaning given to it in Schedule 19 (Performance Payments and Deductions).
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Related to Punctuality Incentive Payment
Incentive Payment means the payments made pursuant to Section VII.E.
Annual Bonus shall have the meaning set forth in Section 4(b) hereof.
Availability Incentive Payments has the meaning set forth in the CAISO Tariff.
Density bonus means a floor area ratio bonus over the otherwise maximum allowable density permitted under the applicable zoning ordinance and land use elements of the general plan of a city, including a charter city, city and county, or county of:
Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of any distributions per Unit of that Class during the Performance Bonus Term exceeds $28.00.