Examples of Qualification Condition in a sentence
Subject to paragraph 4, if a Participant’s Award is subject to Payout Vesting Conditions and/or Payout Qualification Conditions, the Participant will not qualify for payment of the Payout unless all Payout Vesting Conditions and Payout Qualification Conditions are satisfied (and in any situation referred to in paragraph 3.3(b)(i), is satisfied at the time of death or other cessation of employment), and then only to the extent permitted by the Payout Qualification Condition.
Payout Qualification Condition means, in respect of a Payout, any condition (other than a Payout Vesting Condition) which the Board may impose that must be satisfied or waived for the Participant to have a right to receive that Payout, including satisfaction of a performance hurdle.
In the event that the Company does not satisfy the Qualification Condition (as defined below) on or before the Qualification Deadline (as defined below) the Compensation Options will be exercisable for1.1 Units.
A supplier participating in ageing management and cable qualification, was one of the parties of the IAEA project “Coordinated Research Program on Qualification, Condition Monitoring andManagement of Ageing of Low Voltage Cables in Nuclear Power Plant Life Management“, 2012- 2015.
There exist points x0 and z0 co p such that g(x0) > z0.≥If the Constraint Qualification Condition is satisfied, from the duality theory in convex programming [11, Corollary 28.2.1] we know that there exists uˆ 0 at which the minimum in (8) is attained, and D∗ = Ψ (uˆ) is the optimal value of the convex hull problem (10).We now study in detail the structure of the dual functional Ψ .