Performance Events Sample Clauses

Performance Events. In each case that Recipient reasonably determines that the actual TPV processed by Provider in connection with the Services and/or Platform is less than ninety percent (90%) of the corresponding Predicted TPV over the course of any ten (10) minute period during the Term (each a “Minor Performance Event”), Recipient shall notify Provider and Provider shall use commercially reasonable efforts to resolve such Minor Performance Event and any issue or Incident related thereto as soon as reasonably practicable. In each case that Recipient reasonably determines that the actual TPV processed by Provider in connection with the Services and/or Platform is less than eighty percent (80%) of the corresponding Predicted TPV over the course of any twenty (20) minute period during the Term (each, a “Major Performance Event”), Recipient shall notify Provider and Provider shall use commercially reasonable efforts to resolve such Performance Event and any issue or Incident related thereto as soon as reasonably practicable. In addition, each such Major Performance Event shall constitute a Default for which Performance Event Credits shall be awarded by Provider to the applicable Recipient Party pursuant to Section 3.2 of this Schedule 4.1.
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Performance Events. All events are charged at £50 per event unless discounted through membership benefits. See TBMH Events xxxxx://xxx.xxxxxxxxxxxxxxxxxx.xxx/events/ page. A standard academic year sees: KS1: Infant Voices Festival; KS2: Christmas Singing Festival, Instrumental Playing Days, Big Sing; KS3-5: Future Sounds, Secondary Choirs’ Showcase, Instrumental Playing Days, Big Sing Due to capacity we are unable to invite Independent schools to access the performance programme, unless through a specific strategic agreement.
Sample 1
Performance Events. NOTE: Until further notice, our performance programme is on hold. We will only reinstate performances when it is safe to do so for all involved. This means that we may either shift some planned events to later in the academic year, move them online in a digital format, if appropriate, and/or suspend them for the 2020-21 academic year. We will keep schools updated. All events are charged at £50 per event unless discounted through membership benefits. See TBMH Events xxxxx://xxx.xxxxxxxxxxxxxxxxxx.xxx/events/ page. A standard academic year sees: KS1: Infant Voices Festival; KS2: Christmas Singing Festival, Instrumental Playing Days, Big Sing; KS3-5: Future Sounds, Secondary Choirs’ Showcase, Instrumental Playing Days, Big Sing Due to capacity we are unable to invite Independent schools to access the performance programme, unless through a specific strategic agreement.
Sample 1
Performance Events. For any contracts that did not/do not meet original cost, schedule or technical performance requirements provide a brief explanation of the reason(s) for the shortcomings and any corrective actions taken to avoid recurrence. Additionally, any “Yes” answer in Section 1 requires a written explanation of the event (i.e., Option(s)
Sample 1
Performance Events. The Xxxx-Xxxxx Act requires the SEC to issue rules barring national exchanges from listing any company that has not implemented a clawback policy that does not include recoupment of incentive-based compensation for current and former exec- utives for a three-year period. The SEC has not yet issued its final regulations on these clawback requirements. The Xxxx-Xxxxx Act's clawback requirements are different than the SOX provisions. Under Xxxx-Xxxxx, compa- xxxx are required to recover compensa- tion, including options, based on materi- ally inaccurate financial information, regardless of misconduct or fault. Exhibit 1 compares the clawback provi- sions under these the two acts (Xxxxx Xxxxxx, “The Xxxx-Xxxxx Act Addresses Corporate Governance,” The CPA Journal, April 2012, pp. 40-42). EXHIBIT 1 Comparing Clawback Provisions Clawback Applicability CEOs and CFOs Period covered 12 months All current and former executive officers 3 years Even though the SEC has not yet issued the final rules on this provision, several com- panies are already disclosing their claw- back policies, likely because proxy adviso- ry firms such as Glass Lewis and Institutional Shareholder Services consider companies' clawback policies when making their “say- on-pay” voting recommendations. ASU 2014-12 In June 2014, FASB issued its consen- sus of the Emerging Issues Task Force as ASU 2014-12. The EITF concluded that a performance target that affects vesting and is achieved after the requisite service period is a performance condition (ASC 718-10- 30-28). Thus, compensation cost should be recognized over the required service period if it is probable that the performance condi- tion would be achieved. The total compen- sation cost should reflect the number of equi- ty awards that are expected to vest and should be adjusted based on the actual for- feiture rate (trued-up) when those awards are ultimately vested. This consensus provides additional guid- ance and clarification for the accounting treatment of stock compensation awards that have a right of forfeiture or clawback dur- ing the post-performance period. Under this guidance, an entity should not record com- pensation cost until it is probable that the performance target will be achieved. Furthermore, performance conditions affect only the vesting condition of stock com- pensation awards and do not impact the esti- mate of the award's grant-date fair value. ASU 2014-12 is effective for all entities for annual periods beginning after...
Sample 1

Related to Performance Events

  • Performance Measure The specific representation of a process or outcome that is relevant to the assessment of performance; it is quantifiable and can be documented

  • Performance Adjustment One-twelfth of the annual Performance Adjustment Rate will be applied to the average of the net assets of the Portfolio (computed in the manner set forth in the Fund's Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month and the performance period.

  • Performance Excused The Affected Party, to the extent rendered unable to perform its obligations or part thereof under this Agreement as a consequence of the Force Majeure Event shall be excused from performance of the obligations. Provided that, the excuse from performance shall be of no greater scope and of no longer duration than is reasonably warranted by the Force Majeure Event. Provided further, nothing contained herein shall absolve the Affected Party from any payment obligations accrued prior to the occurrence of the underlying Force Majeure Event.

  • Performance Targets Threshold, target and maximum performance levels for each performance measure of the performance period are contained in Appendix B.

  • Performance Measures The System Agency will monitor the Grantee’s performance of the requirements in Attachment A and compliance with the Contract’s terms and conditions.

  • Performance Criteria The Performance Criteria are set forth in Exhibit A to this Agreement.

  • Performance Goal (a) Subject to the following sentence, the Performance Goal is set out in Appendix A hereto, which Appendix A is incorporated by reference herein and made a part hereof. Notwithstanding the foregoing, the provisions of Section 13 or any other provision of A-1 this Agreement to the contrary, the Committee reserves the right to unilaterally change or otherwise modify the Performance Goal in any manner whatsoever (including substituting a new Performance Goal), but only to the extent that the Committee has first determined that the exercise of such discretion would not cause the Performance Share Units to fail to qualify as “performance-based compensation” under Section 162(m) of the Code. If the Committee exercises such discretionary authority to any extent, the Committee shall provide the Grantee with a new Appendix A in substitution for the Appendix A attached hereto, and such new Appendix A and the Performance Goal set out therein (rather than the Appendix A attached hereto and the Performance Goal set out therein) shall in all events apply for all purposes of this Agreement.

  • Performance Metrics In the event Grantee fails to timely achieve the following performance metrics (the “Performance Metrics”), then in accordance with Section 8.4 below Grantee shall upon written demand by Triumph repay to Triumph all portions of Grant theretofore funded to and received by Grantee:

  • Performance Goals A. The Trust and State Street have developed mutually acceptable performance goals dated March 1, 2011 , and as may be amended from time to time, regarding the manner in which they expect to deliver and receive the services under this Agreement (hereinafter referred to as “Service Level Agreement”). The parties agree that such Service Level Agreement reflects performance goals and any failure to perform in accordance with the provisions thereof shall not be considered a breach of contract that gives rise to contractual or other remedies. It is the intention of the parties that the sole remedy for failure to perform in accordance with the provisions of the Service Level Agreement, or any dispute relating to performance goals set forth in the Service Level Agreement, will be a meeting of the parties to resolve the failure pursuant to the consultation procedure described in Sections V. B. and V.C. below. Notwithstanding the foregoing, the parties hereby acknowledge that any party’s failure (or lack thereof) to meet the provisions of the Service Level Agreement, while not in and of itself a breach of contract giving rise to contractual or other remedies, may factor into the Trust’s reasonably determined belief regarding the standard of care exercised by State Street hereunder.

  • Performance Cycle The Performance Cycle for this Award shall commence on May 1, 2005, and shall end on December 31, 2007.

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