Segment Target definition

Segment Target means the amount of (***) million Segments which the Subscriber shall transact through the Galileo System throughout the duration of this Agreement; and
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Examples of Segment Target in a sentence

  • If the number of Passive Segments booked by the Subscriber does exceed this amount, those excess Passive Segments shall not count towards the Segment Target.

  • The amount of such repayment will be (***) per Net Segment short of the applicable Annual Net Segment Target.

  • In the event the Annual Net Segment Target is not achieved in any Year (a “Shortfall”), then a pro-rata portion of this Bonus will be repaid.

  • The thresholds will be increased to their original levels as of the Year in which the actual Net Segment volumes reach the original Net Segment Target for such Year as stated in Section 4 of this Amendment.

  • Since the amount of the actual Segment Incentive earned is based on a annual achievement level, and to account for seasonal fluctuations in EBOOKERS business, Amadeus will (a) divide the Net Segment Target by 12 to determine the monthly Net Segment goal (“Monthly Goal”) and (b) calculate actual Net Segment production in a given month based on a three month rolling average.

  • During Year 1 and Year 2, in the event there is a Shortfall and such Shortfall exceeds (***) of the respective Year 1 or Year 2 Annual Net Segment Target then the entire Additional Bonus will be repaid.

  • Accumulated Net Segment Target from 1st January 2004 Incremental Bonus Amount Total accumulated Bonus 0.5 mio (***) (***) 3.5 mio (***) (***) 7.0 mio (***) (***) 10.5 mio (***) (***) For the avoidance of doubt the Accumulated Net Segment count will be for all EBOOKERS Locations online and offline Net Segments.

  • Guaranteed Maximum Sales Charge Segment Premium Paid Up to Segment Target Premium Segment Premium Paid in Excess of Segment Target Premium Segment Years 1-10 4.0% 2.0% Segment Years 11 and beyond 2.0% 2.0% Per Policy Charge: $15 per month for the first 120 policy months $9 per policy month thereafter Monthly Administrative Charge: $0.085 per unit for the first 120 policy months $0.015 per unit for policy months 121 through 240.

  • During Year 4 (2010) and/or Year 5 (2011), in the event there is a Shortfall and such Shortfall exceeds the Applicable Percentage (as indicated in Section III or Schedule A hereto) of the respective Year 4 or Year 5 Annual Net Segment Target then upon Amadeus’ request the unearned portions of the Extension Bonus will be repaid within 30 days of Amadeus’ invoice.

  • EBOOKERS will be charged the “Discount Price” below subject to EBOOKERS achieving (***) or above of the Annual Net Segment Target in the applicable Year.