Targeted Level definition

Targeted Level means the targeted BBBEE compliance level specified in the Specific Terms; and
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Targeted Level means, each of the following financial calculations for the applicable period calculated in a manner and supported by appropriate backup which calculations shall exclude any non-cash and/or non-cash cost, in each case, acceptable to Holder in its sole discretion: (i) Consolidated EBITDA — $708,000 (ii) Consolidated Revenue — $23,826,000 (iii) Net Income — ($1,090,000) (iv) Cashflow — ($182,000)
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Targeted Level means a B-BBEE compliance ▇▇▇▇▇ ▇ for a Generic Enterprise and Level 2 for a Qualifying Small Enterprise and Exempted Micro Enterprise;
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Examples of Targeted Level in a sentence

  • However, in the event that a Trigger Event is in effect on a particular Distribution Date, the Targeted Level for such Distribution Date shall not be less than the Targeted Level on the preceding Distribution Date.

  • Priority Description Targeted Response Times Targeted Level of Effort P1 - Urgent The entire Services are “down” and inoperable.

  • Bad Debt % Credit Sales 6.0% 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% Actions to be taken by Bank following consecutive month failure to attain Targeted Level Letter to Company's CEO Bank's CEO will meet with Company's senior management and/or Company's parent company's management to discuss an action plan.

  • Failure to Meet Targeted Level 3rd Consecutive Month 4th Consecutive Month 5th Consecutive Month 6th Consecutive Month and Each Consecutive Month Thereafter Actions to be taken by Bank following consecutive month failure to attain Targeted Level Letter to Company’s CEO Bank’s senior management will meet with Company’s senior management to discuss an action plan.

  • Failure to meet the same Targeted Level for a single Service Standard for more than two consecutive months, will result in Bank taking the actions set forth in the chart below; provided that such failure to meet the Targeted Level was not caused by any unprivileged action or action in violation of this Agreement by Company or inaction of Company (where Company has a duty to act) or by a force majeure event specified in Section 10.11.

  • Any failure to meet the Targeted Level for Service Standards, as defined in the table above, will be reported on the monthly Service Standards report.

  • For any Distribution Date and for a particular Pool, any excess of (x) the Targeted Level for the related Group over (y) the Overcollateralization Amount for the related Group, taking into account the reduction of the Certificate Balance of such Group by Principal Proceeds but prior to applying any Extra Principal Distribution Amount or Applied Loss Amount for such Pool.

  • For a Distribution Date on or after the Stepdown Date, the lesser of (x) Principal Proceeds and (y) the excess of the Overcollateralization Amount over the greater of (a) the Targeted Level and (b) the OC Floor Amount; provided that if on such Distribution Date a Trigger Event is in effect, the Release Amount is zero.

  • However, in the event that a Trigger Event is in effect for a Group on a particular Distribution Date, the Targeted Level for such Group for such Distribution Date shall not be less than the Targeted Level for such Group on the preceding Distribution Date.

Related to Targeted Level

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index (other than a Multiple Exchange Index), the closing level of such Index at the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), all as determined by the Calculation Agent.

  • Performance Level means a reference to one of Performance Level I, Performance Level II, Performance Level III, Performance Level IV or Performance Level V.

  • Initial Level means, in respect of the Index, the Closing Level on the Closing Date, provided that if such day is not an

  • Base Level means the following amounts plus the percentage