Target API definition

Target API means, for each Award Cycle, the annual percentage rate of increase that results in a 100% Payout Factor for that Award Cycle, as set forth on the Payout Factor Schedule.
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Examples of Target API in a sentence

  • WUXI BIOLOGICS shall use Commercially Reasonable Efforts to provide the capacity to supply API and Product according to Rolling Forecasts based on the Target API Yield and provide exclusive capacity as applicable pursuant to Section 3.7 (“Capacity”).

  • The Target API Yield is the agreed upon amount of API (measured in kilograms to 2 decimal places and represented as a range) that is to be produced in any one Batch (“Target API Yield”).

Related to Target API

  • TARGET 2 means the Trans-European Automated Real-time Gross Settlement Express Transfer payment system which utilises a single shared platform and which was launched on 19 November 2007.

  • Target means Trans-European Automated Real-time Gross Settlement Express Transfer payment system.

  • KPI Target means the acceptable performance level for a KPI as set out in relation to each KPI;

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 82.50% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Overcollateralization Floor.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.