Expected Improvement definition

Expected Improvement means the targeted improvement in annual EVA growth for the Target Bonus Percentage to be earned in full.
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Expected Improvement means the constant EVA(R) improvement that is added to shift the target up each year. This is determined by the expected growth in EVA(R) per year with respect to an EVA(R) Center. In the event the Long-Term Target is achieved in any one year, no Expected Improvement is added to next year's target EVA(R). With respect to the Corporate EVA(R) Center, the Expected Improvement shall be $900,000/year.
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Expected Improvement means the targeted improvement in annual EVA growth determined by the Committee for the Participant to earn the Target Performance Shares in full.
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Examples of Expected Improvement in a sentence

  • Buyer may require and Seller agrees to make any Equipment modifications needed to bring the Equipment into conformance with the Purchase Spec or, in the case of performance-based pricing (if such a pricing structure has been agreed to) to meet the Expected Improvement Rate (EIR).

  • The Expected Improvement is the additional EVA amount determined by the Committee that is used to assure that a minimum level of improvement is achieved in order to earn target awards.

  • They define a new ACQUISITIONFUNCTION function for BO, which they call Most Likely Expected Improvement (MLEI).

  • Improvement point search: find the improvement point using the Infill Criterion (IC), expressed in Equation (10).minimize x− E[I(x)] · ΠPexp(x)(10)subject to gin exp(x) ≤ 0 where E[I(x)] is the Expected Improvement (EI), which is the probability that the estimated response is smaller than the current minimal objective function; Pexp(x) is the cumulative distribution function; gin exp(x) is the inexpensive constraint in terms of the evaluation time.

  • For each corpus, we used Bayesian optimization using the Expected Improvement acquisition function (Snoek et al., 2012) to find a good setting of the hyper- parameters.

  • The Expected Improvement (EI) plays a central role in the EGO algorithm, thus, the latter is sometimes referred as “EI-algorithm”.

  • Fixed a bug introduced in 2.06.00 that caused validation to be performed against the training instance distribution instead of the test instance distribution.2. Default acquisition function for solution quality optimization is now Expected Improvement (instead of Exponential Expected Improvement).3.

  • In unconstrained, noise-free optimization, the canonical choice for J(x) is the so-called Expected Improvement [EI, 36], while in the bandit literature (noisy observations), the Upper Confidence Bound [UCB, 58] can be considered as standard.

  • Note: Expected Improvement In Adjusted EBITDA Losses Is Based On Projections.

  • Expected Improvement (Additional Assignments, Assignment Flexibility, etc.): Number of frequency assignments estimated to be made available by initiative: 10 Enroute Implementation Schedule: ASR conduct a study to determine the potential of implementing RCAG's at the center of their respective service volumes: Completed, March 2001 A significant potential gain was indicated in studying 30 tailored service volumes (TSV’s).

Related to Expected Improvement

  • Needs Improvement the Educator’s performance on a standard or overall is below the requirements of a standard or overall, but is not considered to be unsatisfactory at this time. Improvement is necessary and expected.  Unsatisfactory: the Educator’s performance on a standard or overall has not significantly improved following a rating of needs improvement, or the Educator’s performance is consistently below the requirements of a standard or overall and is considered inadequate, or both.

  • Leased Improvements shall have the meaning given such term in Section 2.1(b).

  • Home improvement means the remodeling, altering,

  • Substantial improvement means any combination of repairs, reconstruction, rehabilitation, addition, or other improvement of a structure, taking place during any one-year period for which the cost equals or exceeds 50 percent of the market value of the structure before the “start of construction” of the improvement. This term includes structures which have incurred “substantial damage”, regardless of the actual repair work performed. The term does not, however, include either:

  • Capital Improvement or "Capital Improvement Project" means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities of Local Subdivisions, including real property, interests in real property, and facilities and equipment of Local Subdivisions related or incidental thereto.

  • Leasehold Improvements means all buildings, structures, improvements and fixtures located on any Leased Real Property which are owned by Company or any Company Subsidiary, regardless of whether title to such buildings, structures, improvements or fixtures are subject to reversion to the landlord or other third party upon the expiration or termination of the lease for such Leased Real Property.

  • Infrastructure improvement means permanent infrastructure that is essential for the public health and safety or that:

  • Public improvement means projects for construction, reconstruction or major renovation on real property by or for a public agency. “Public Works” shall mean roads, highways, buildings, structures and improvement of all types, the construction, reconstruction, major renovation or painting of which is carried on or contracted for by any public agency to serve the public interest by does not include the reconstruction or renovation of privately owned property which is leased by a public agency.

  • Capital Improvement Project means the acquisition, construction, reconstruction, improvement, planning and equipping of roads and bridges, appurtenances to roads and bridges to enhance the safety of animal-drawn vehicles, pedestrians, and bicycles, wastewater treatment facilities, water supply systems, solid waste disposal facilities, and storm water and sanitary collection, storage and treatment facilities including real property, interests in real property, facilities, and equipment related or incidental to those facilities.

  • Tenant Improvement Work means the construction of the Tenant Improvements, together with any related work (including demolition) that is necessary to construct the Tenant Improvements.

  • Maximum medical improvement means that no further material improvement would reasonably be expected from medical treatment or the passage of time;

  • Public improvement costs means the costs of:

  • Building Work has the meaning given to it in section 6 of the Building and Construction Industry (Improving Productivity) Act 2016 (Cth);

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);

  • Project Improvements means site improvements and facilities that are:

  • Substitute Improvements means the substitute or additional improvements of the Issuer described in Article V hereof.

  • Continuous Improvement Plan means a plan for improving the provision of the Goods and/or Services and/or reducing the Charges produced by the Supplier pursuant to Framework Schedule 12 (Continuous Improvement and Benchmarking);

  • Improvements shall have the meaning set forth in the granting clause of the Mortgage.

  • Base Building Work means the base building work for the Building as described in this Manual.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Tenant Improvements Defined in Exhibit B, if any.

  • Minimum Improvements means the acquisition of land and construction of a 64-unit market rate residential apartment building and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • Capital Improvements mean the purchase, renovation, rehabilitation, or construction of permanent land, buildings, structures, equipment and furnishings used directly for or in the Project, and any goods or services for the Project that are purchased and capitalized under GAAP, including any organizational costs and research and development costs incurred in Illinois. Capitalized lease costs for land, buildings, structures or equipment shall be included in “Capital Improvements” only if the lease term, including any extensions or options to extend, equals or exceeds the term of this Agreement, and provided that such lease costs are valued at their present value using the corporate interest rate prevailing at the time the Company filed its Application with the Department.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Quality Improvement means a focus on activities to improve performance above minimum standards and reasonably expected levels of performance, quality and practice.

  • Major Alteration means change other than repair or replacement of building materials or equipment with materials and equipment of a similar type.