Performance Hurdle definition

Performance Hurdle means that the Elevate Credit Parent has a minimum net income in the 2019 Fiscal Year of $22,000,000 and has a minimum net income in the 2020 Fiscal Year equal to an amount to be agreed upon by the Agent and each Credit Party no later than February 15, 2020.

Performance Hurdle means, in relation to the Calculation Period, (“A” multiplied by “B”) + C where:

Performance Hurdle means the relevant Interest Rate used for each Performance

Examples of Performance Hurdle in a sentence

• Performance Fee The following provisions relating to the application of a performance fee should be read in conjunction with performance fee provisions set out in the Prospectus: Performance Hurdle: 1.5% over the Performance Period (i.e. the period from the Launch Date until the Maturity Date).

• Target LTI: is a reference to the Target Long Term Incentive which would be awarded to a participant in the LTI Plan for performance against a Performance Hurdle at a level which meets the high expectations of the Group in relation to performance against that Performance Hurdle over the period of measurement.Maximum LTI: is a reference to the maximum Long Term Incentive which could be awarded to a participant in the LTI Plan for performance against the relevant Performance Hurdle.

• She discovered his love of music and sings to him when he is upset or does not want to cooperate.

• If the Company does not proceed to either or both of a Pilot Development Program and approval of a Reserves Report, Performance Rights exercisable under Performance Hurdle 1 and Performance Hurdle 2 will be exercisable upon satisfaction of Performance Hurdle 3.

• A Performance Hurdle may also be used to determine the Performance Fee for certain Funds.

More Definitions of Performance Hurdle

Performance Hurdle means, in relation to each Calculation Period, “A” multiplied by “B” where:

Performance Hurdle has the meaning set forth in Section 2(a).

Performance Hurdle means in relation to each Performance Right, the performance hurdle determined in accordance with clause 3.2;

Performance Hurdle means, as of the end of each fiscal quarter, earnings before interest taxes, depreciation and amortization for the Company, on a consolidated basis in accordance with GAAP, (excluding non-cash stock based compensation expenses and the results of the operations of the Medical Group) for the four fiscal quarters just ended was not less than $18,000,000.

Performance Hurdle means the relevant Interest Rate used for each PerformancePeriod in the calculation of the Performance Fee;

Performance Hurdle means the performance hurdle or hurdles in respect of the Vesting of Shares in a Participant as described in the applicable Performance Hurdle Memorandum.

Performance Hurdle means, in relation to each Performance Period, "A" multiplied by "B", where: