Target payment definition

Target payment means the fair market value payment established through arms length negotiations that will be earned by an individual or enti- ty that:
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Target payment means the amount payable to a Participant for a Performance Period upon the achievement of one of more Targets set by the Committee for that period.
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Target payment means the fair market value payment establishedthrough arms length negotiations thatwill be earned by an individual or entity that:
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Examples of Target payment in a sentence

  • That is why the German commercial banks will only borrow a correspondingly lower amount of central bank money from the Bundesbank when money flows in through the international Target payment system.

  • Thus, German commercial banks will either borrow a correspondingly lower amount of central bank money from the Bundesbank when central bank money flows in through the international Target payment system, or they will place the unneeded liquidity on the ECB deposit facility or time deposit to collect interest.

  • Target payment amounts assume achievement of 100% of the target corporate performance objective.

  • Precisely speaking, they net out in the euro countries, the ECB and those EU member countries that also use the Target payment system.

  • While Target balances in general should add up to zero, the residual of the data presented here is explained by the ECB’s own Target liabilities stemming from asset transfers from NCBs, by Target claims of some non-Eurozone NCBs that are connected to the Target payment system and which have converted euros into national currency, and by measurement errors resulting from differences between the true balance sheet data and the imperfect IMF proxies.

  • In particular, in the major electronic marketplace for interbank loans in the euro area deals between Italian banksmatures at 9 a.m. (next day): at this time previous day trades are settled in real time, as the borrowing bank has to repay the amount due through a Target payment.

  • Target payment amounts assume goal attainment of 100% of the corporate and individual (as applicable) performance goals.

  • A positive (negative) sign reflects a net claim (liability) of the NCB vis-à-vis the ECB in the Target payment system.Source: ECB, NCBs, IMF and author’s calculations (see Annex B).Figure 3 crisis in the euro area – in this third phase, the liabilities in Greece, Ireland and Portugal, where the sovereigns are in debt crisis, and by contagion, Spain, saw a renewed and marked increase, while the claims in Italy diminished.

  • Under this scenario and assuming the NEOs individual goals were achieved, our NEOs would earn 25% of their respective Target payment.

  • The C.A. then notifies the Project Manager, the Project Architect, the Construction Inspector, Facilities, and other desired or available experts to conduct a Pre-final Inspection.


More Definitions of Target payment

Target payment shall have the meaning set forth in Section 7.2.3.
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Target payment has the meaning given such term in Section 3(c).
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Target payment means the amount equal to $1,327,500 (representing the amounts referred to in clause 10.1(c))." 328022325_4 Deed of Variation 1
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Target payment. Means, with respect to any Payment Date, an amount necessary to reduce the Aggregate Outstanding Note Balance to the Target Investor Principal Amount.
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Target payment means, with respect to any calendar quarter, the aggregate amount of all Project Target Payments for such calendar quarter plus the portion of the Project Target Payments for any previous calendar quarter that have not yet been distributed plus interest at 7% determined on an effective annual yield basis;
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Target payment means, for each Plan Year within a Three-Year Segment, the amount which the Compensation Committee establishes before the commencement of that Three-Year Segment for payment to Participants in respect of that Plan Year. The Target Payment is expected to increase annually at a rate which is commensurate with the projected growth in consolidated net income over the Three-Year Segment. However, the Compensation Committee may prospectively modify the Target Payment for any Plan Year within such Three-Year Segment if, in the reasonable judgment of the Compensation Committee, a modification is appropriate in the light of all the facts and circumstances.
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Related to Target payment

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Net Payment With respect to any Distribution Date on or prior to the Swap Contract Termination Date, an amount equal to the sum of (i) any Current Interest and Interest Carry Forward Amounts in respect of the Benefited Certificates, (ii) any Net Rate Carryover in respect of the Benefited Certificates, (iii) any Unpaid Realized Loss Amounts in respect of the Benefited Certificates and (iv) any Overcollateralization Deficiency Amount, in each case remaining unpaid (or in the case of Overcollateralization Deficiency Amount, remaining) following the distribution to the Benefited Certificates of Excess Cashflow and Credit Comeback Excess Cashflow pursuant to Section 4.04(c) of the Pooling and Servicing Agreement. With respect to any Distribution Date after the Swap Contract Termination Date, zero.

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Target Price means the estimated amount payable to the Contractor for the performance of the Work under a Cost Plus Fixed Fee (CPFF) Contract.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • Delta Payment means as it is described in this Agreement.

  • Earnout Amount has the meaning set forth in Section 2.5.1b).

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Bonus Payment means a cash payment in an amount equal to the sum of (i) all Excise Taxes payable by the Executive, plus (ii) all additional Excise Taxes and federal or state income taxes to the extent such taxes are imposed in respect of the Bonus Payment, such that the Executive shall be in the same after-tax position and shall have received the same benefits that he would have received if the Excise Taxes had not been imposed. For purposes of calculating any income taxes attributable to the Bonus Payment, the Executive shall be deemed for all purposes to be paying income taxes at the highest marginal federal income tax rate, taking into account any applicable surtaxes and other generally applicable taxes which have the effect of increasing the marginal federal income tax rate and, if applicable, at the highest marginal state income tax rate, to which the Bonus Payment and the Executive are subject. An example of the calculation of the Bonus Payment is set forth below. Assume that the Excise Tax rate is 20%, the highest federal marginal income tax rate is 40% and the Executive is not subject to state income taxes. Further assume that the Executive has received an excess parachute payment in the amount of $200,000, on which $40,000 ($200,000 x 20%) in Excise Taxes are payable. The amount of the required Bonus Payment is thus computed to be $100,000, i.e., the Bonus Payment of $100,000, less additional Excise Taxes on the Bonus Payment of $20,000 (i.e., 20% x $100,000) and income taxes of $40,000 (i.e., 40% x $100,000), yields $40,000, the amount of the Excise Taxes payable in respect of the original excess parachute payment.

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • Adjustment Payment shall have the meaning specified in Section 3.09(a).

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Next Payment means, in respect of each Next Payment Date, the greater of (i) the amount of any payments due to be made by Party A under Section 2(a) on such Next Payment Date less any payments due to be made by Party B under Section 2(a) on such Next Payment Date (in each case, after giving effect to any applicable netting under Section 2(c)) and (ii) zero.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Target Value shall have the meaning stated in Section 7.2 of Schedule D to this Agreement.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Payment Amount as defined in Section 3.5.