Statutory objective definition

Statutory objective means any pur- pose of a program or activity expressly stated in any Federal, State, or local statute or ordinance adopted by an elected, general purpose legislative body.§ 1040.86 Exceptions to the rules against age discrimination. Normal operation or statutory objective of any program or activity.A recipient is permitted to take an action, otherwise prohibited by§ 1040.84, if the action reasonably takes into account age as a factor necessary to the normal operation or the achieve- ment of any statutory objective of a program or activity. An action reason- ably takes into account age as a factor necessary to the normal operation of a program or activity if:(a) Age is used as a measure or ap- proximation of one or more other char- acteristics;(b) The other characteristic(s) must be measured or approximated in order for the normal operation of the pro- gram or activity to continue or to achieve any statutory objective of the program or activity;
Sample 1Sample 2Sample 3
Statutory objective means any purpose of a program or activity expressly stated in any Federal statute, State statute, or local statute or ordinance adopted by an elected, general purpose legislative body.
Sample 1Sample 2Sample 3
Statutory objective means any pur- pose of a program or activity expressly stated in any Federal, State, or local statute or ordinance adopted by an elected, general purpose legislative body.§ 101–8.706 Exceptions to the rules against age discrimination.§ 101–8.706–1 Normal operation or stat- utory objective of any program or activity.A recipient is permitted to take an action, otherwise prohibited, if the ac- tion reasonably takes into account age as a factor necessary to the normal op- eration or achievement of any statu- tory objective of a program or activity. 41 CFR Ch. 101 (7–1–01 Edition)An action reasonably takes into ac- count age as a factor if:(a) Age is used as a measure or ap- proximation of one or more other char- acteristics; and(b) The other characteristic must be measured or approximated for the nor- mal operation of the program or activ- ity to continue, or to achieve any stat- utory objective of the program or ac- tivity; and
Sample 1Sample 2Sample 3

Examples of Statutory objective in a sentence

  • Attachment C, Section B(1) – Single Fund Budget with Full Flexibility Attachment C, Section C(2) – Local Preferences and Admission and Continued Occupancy Policies and Procedures Attachment D, Section B(3) – Local Unit Based Subsidy Program Statutory objective: Increase housing choice for low-income familiesHome Forward has created a local blended subsidy (LBS) program to improve the financial viability of adding “banked” public housing units back into the portfolio.

  • Attachment C, Section D(5) – Ability to Certify Housing Quality Standards Attachment C, Section D(2)(c) – Rent Policies and Term Limits Statutory objective: Reduce cost and achieve greater cost effectiveness in Federal expendituresHome Forward owns over 5,000 units of affordable housing in Multnomah County.

  • Attachment C, Section D(5) – Ability to Certify Housing Quality Standards Statutory objective: Reduce cost and achieve greater cost effectiveness in Federal expendituresHome Forward aligns our housing resources with the services of jurisdictional and community partners in order to maximize impact and effectiveness.

  • Attachment C, Section D(4) – Waiting List Policies Statutory objective: Reduce cost and achieve greater cost effectiveness in Federal expendituresHome Forward operates or participates in a number of programs that have been designed to align housing with supportive services in order to ensure success for participating families.

  • Attachment C, Section D(5) – Ability to Certify Housing Quality Standards Statutory objective: Reduce cost and achieve greater cost effectiveness in Federal expendituresIn many cases, units may fail an initial or biennial inspection due to minor items, such as cracked socket plates or closet doors that are off track.

  • The tenant also has ability to file a grievance as defined in 7 CFR 3560.160 tenant grievances.

  • Inspections and Rent Reasonableness at Home Forward-Owned Properties Approved FY2013, Implemented FY2013 MTW authorization: Attachment C, Section D(5) – Ability to Certify Housing Quality Standards Attachment C, Section D(2)(c) – Rent Policies and Term Limits Statutory objective: Reduce cost and achieve greater cost effectiveness in Federal expendituresHome Forward owns over 5,000 units of affordable housing in Multnomah County.

  • Attachment C, Section D(7)(b) – Local Competitive Process Statutory objective: Additional Units of Housing Made Available.Approved FY2018, Implemented FY2018 Home Forward received approval to allocate up to 400 project based vouchers to support the goals of a $258.4 million Portland Housing General Obligation Bond that was approved by voters in November of 2016.

  • Attachment C, Section D(2)(a) – Rent Policies and Term Limits Statutory objective: Increase housing choice for low-income familiesThe need for rental assistance in Multnomah County far outstrips the supply.

  • Community services promote the inclusion and integration of individuals with developmental disabilities and families in all aspects of community life through the delivery of programs, projects, activities and services in community- based settings rather than academic or traditional clinical settings.


More Definitions of Statutory objective

Statutory objective means any pur- pose of a program or activity expressly stated in any Federal statute, State
Sample 1Sample 2Sample 3
Statutory objective means the objective specified in section 46(1), including any additional objectives or varied objectives specified in a notice published by the Minister under section 46(3).
Sample 1
Statutory objective means any purpose of a program or activity expressly stated in any Federal, State,
Sample 1
Statutory objective means the objective specified in section 57(1) of the Ordinance, including any additional objectives or varied objectives that may be prescribed.
Sample 1
Statutory objective means any purpose of a program or activity expressly stated in any federal statute, state statute or local statute or
Sample 1
Statutory objective means any pur- pose of a program or activity expressly stated in any Federal statute, state statute or local statute or ordinance adopted by any elected, general pur- pose legislative body.
Sample 1

Related to Statutory objective

  • Plan Objective means the objective of securing the return described in the brochure to which these Terms and Conditions are attached.

  • Cost objective means a function, organizational subdivision, contract, grant, or other activity for which cost data are needed and for which costs are incurred.

  • Performance Objective means a standard established by the Committee to determine in whole or in part whether a Performance Award shall be earned.

  • Performance Objectives means the performance objective or objectives established by the Committee pursuant to the Plan. Any Performance Objectives may relate to the performance of the Company or one or more of its Subsidiaries, divisions, departments, units, functions, partnerships, joint ventures or minority investments, product lines or products, or the performance of the individual Participant, and may include, without limitation, the Performance Objectives set forth in Section 13(b). The Performance Objectives may be made relative to the performance of a group of comparable companies, or published or special index that the Committee, in its sole discretion, deems appropriate, or the Company may select Performance Objectives as compared to various stock market indices. Performance Objectives may be stated as a combination of the listed factors.

  • Investment Objectives means the investment objectives of the Fund as set forth in the Declaration of Trust as described in section 1.1.1 of this Annual Information Form.

  • Performance Measures means measures as described in Article 12 on which the performance goals are based and which are approved by the Company’s shareholders pursuant to this Plan in order to qualify Awards as Performance-Based Compensation.

  • Student growth objective means an academic goal that teachers and designated supervisors set for groups of students.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Investment Objective : means the objective of securing the return described in the brochure to which these Terms and Conditions are attached.

  • Management Objectives means the measurable performance objective or objectives established pursuant to this Plan for Participants who have received grants of Performance Shares or Performance Units or, when so determined by the Board, Option Rights, Appreciation Rights, Restricted Shares and dividend credits pursuant to this Plan. Management Objectives may be described in terms of Company-wide objectives or objectives that are related to the performance of the individual Participant or of the Subsidiary, division, department, region or function within the Company or Subsidiary in which the Participant is employed. The Management Objectives may be made relative to the performance of other corporations. The Management Objectives applicable to any award to a Covered Employee shall be based on specified levels of or growth in one or more of the following criteria:

  • Goals means the annual level of participation by SBEs in City Contracts as established in this chapter, the SBE Regulations, or as necessary to comply with applicable federal and state nondiscrimination laws and regulations. Goals for individual Contracts may be adjusted as provided for in this chapter and shall not be construed as a minimum for any particular Contract or for any particular geographical area.

  • Performance Targets means the specific objective goal or goals (which may be cumulative and/or alternative) that are timely set in writing by the Committee for each Executive for the Performance Period in respect of any one or more of the Business Criteria.

  • Qualifying Performance Criteria means any 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, Parent, Subsidiary or business segment, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or relative to a pre-established target, to previous years’ results or to a designated comparison group, and on a pre-tax or after-tax basis, in each case as specified by the Committee in the Award: (i) cash flow (including operating cash flow or free cash flow); (ii) earnings (including gross margin, earnings before interest and taxes, earnings before taxes, and net earnings); (iii) earnings per share; (iv) growth in earnings or earnings per share; (v) stock price; (vi) return on equity or average stockholders’ equity; (vii) total stockholder return; (viii) return on capital; (ix) return on assets or net assets; (x) return on investment; (xi) revenue; (xii) income or net income; (xiii) operating income or net operating income; (xiv) operating profit or net operating profit; (xv) operating margin; (xvi) return on operating revenue; (xvii) market share; (xviii) contract awards or backlog; (xix) overhead or other expense reduction; (xx) growth in stockholder value relative to the moving average of the S&P 500 Index or a peer group index; (xxi) credit rating; (xxii) strategic plan development and implementation (including individual performance objectives that relate to achievement of the Company’s or any business unit’s strategic plan); (xxiii) improvement in workforce diversity; (xxiv) expenses; (xxv) economic value added; (xxvi) product quality; (xxvii) number of customers; (xxviii) objective customer indicators; (xxix) customer satisfaction; (xxx) new product invention or innovation; (xxxi) profit after taxes; (xxxii) pre-tax profit; (xxxiii) working capital; (xxxiv) sales; (xxxv) advancement of the Company’s product pipeline; (xxxvi) consummation of strategic transactions; (xxxvii) reduction in cash utilization; and (xxxviii) addition of technologies and products. The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to exclude any of the following events that occurs during a performance period: (A) asset write-downs; (B) litigation or claim judgments or settlements; (C) the effect of changes in tax law, accounting principles or other such laws or provisions affecting reported results; (D) accruals for reorganization and restructuring programs; and (E) any gains or losses classified as extraordinary or as discontinued operations in the Company’s financial statements.

  • Performance Goal means a performance goal established by the Committee pursuant to Section 10.3.

  • Performance Indicator means a measure of HSP performance for which a Performance Target is set; technical specifications of specific Performance Indicators can be found in the MSAA Indicator Technical Specifications document;

  • Individual Objectives means as to a Participant, the objective and measurable goals set by a “management by objectives” process and approved by the Committee (in its discretion).

  • Business Criteria means any one or any combination of Income before Taxes, Net Income, Return on Equity, Return on Assets, Pre-tax Margin, Free Cash Flow, Valuation or EPS.

  • Performance Goals means, for a Performance Period, the one or more goals established by the Board for the Performance Period based upon the Performance Criteria. Performance Goals may be based on a Company-wide basis, with respect to one or more business units, divisions, Affiliates, or business segments, and in either absolute terms or relative to the performance of one or more comparable companies or the performance of one or more relevant indices. Unless specified otherwise by the Board (i) in the Award Agreement at the time the Award is granted or (ii) in such other document setting forth the Performance Goals at the time the Performance Goals are established, the Board will appropriately make adjustments in the method of calculating the attainment of Performance Goals for a Performance Period as follows: (1) to exclude restructuring and/or other nonrecurring charges; (2) to exclude exchange rate effects; (3) to exclude the effects of changes to generally accepted accounting principles; (4) to exclude the effects of any statutory adjustments to corporate tax rates; (5) to exclude the effects of any “extraordinary items” as determined under generally accepted accounting principles; (6) to exclude the dilutive effects of acquisitions or joint ventures; (7) to assume that any business divested by the Company achieved performance objectives at targeted levels during the balance of a Performance Period following such divestiture; (8) to exclude the effect of any change in the outstanding shares of common stock of the Company by reason of any stock dividend or split, stock repurchase, reorganization, recapitalization, merger, consolidation, spin-off, combination or exchange of shares or other similar corporate change, or any distributions to common stockholders other than regular cash dividends; (9) to exclude the effects of stock based compensation and the award of bonuses under the Company’s bonus plans; (10) to exclude costs incurred in connection with potential acquisitions or divestitures that are required to expensed under generally accepted accounting principles; (11) to exclude the goodwill and intangible asset impairment charges that are required to be recorded under generally accepted accounting principles and (12) to exclude the effect of any other unusual, non-recurring gain or loss or other extraordinary item. In addition, the Board retains the discretion to reduce or eliminate the compensation or economic benefit due upon attainment of Performance Goals and to define the manner of calculating the Performance Criteria it selects to use for such Performance Period. Partial achievement of the specified criteria may result in the payment or vesting corresponding to the degree of achievement as specified in the Stock Award Agreement or the written terms of a Performance Cash Award.

  • Performance Criteria means the criteria (and adjustments) that the Committee selects for an Award for purposes of establishing the Performance Goal or Performance Goals for a Performance Period, determined as follows:

  • Performance-Based Cash Award means a cash Award under Article XI of this Plan that is payable or otherwise based on the attainment of certain pre-established performance goals during a Performance Period.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Performance Target means the level of performance expected of the HSP in respect of a Performance Indicator or a Service Volume. “person or entity” includes any individual and any corporation, partnership, firm, joint venture or other single or collective form of organization under which business may be conducted.

  • Goal means the intended or projected result of a comprehensive corrections plan or community corrections program to reduce prison commitment rates, to reduce the length of stay in a jail, or to improve the utilization of a jail.

  • ASAM criteria means the most current edition of the American Society of Addiction Medicine's published criteria for admission to treatment, continued services, and discharge.

  • Performance Indicators means the indicators for Project monitoring and evaluation set forth in the Operational Manual.

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.