Performance Payment Sample Clauses
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Performance Payment. (a) The Training Provider shall perform the Services with the aim of achieving payment of the full Performance Payment for each College.
(b) On or before the last day of the Academic Year, the Training Provider shall submit to the Procurer a report (the Annual Report) summarising the Training Provider's assessment of its performance of the Services for that Academic Year with reference to the Milestone Payments and the KPI Payments for each College. The Annual Report shall identify the following:
(i) in respect of the Milestone Payment, the number of instances where the Training Provider failed during the course of the Academic Year to comply with the Milestones and the resulting percentage that the Procurer is entitled to deduct from the Milestone Payment in accordance with Schedule 4;
(ii) in respect of the KPI Payment:
(A) the SSS Institutional Review Grade;
(B) the total number of College training staff employed at each College at the end of the Academic Year together with the number of those College training staff who hold SSS Qualifications or Equivalent Qualifications; and
(C) the One Year Employment Rate.
(c) Following receipt of the Annual Report, the Procurer shall, in respect of each College, proceed to determine the Performance Payments due to the Training Provider.
(d) As soon as reasonably practicable following the end of the Academic Year, and in any event no later than sixty (60) days after the end of the Academic Year, the Procurer shall, in respect of each College, notify the Training Provider of the Performance Payments due in accordance with Schedule 4.
(e) Following notification by the Procurer pursuant to Clause 6.5(d), the Training Provider shall submit to the Procurer an invoice for the amount of the aggregate of the Performance Payments for each College (broken down on a College-by-College basis).
(f) If the Training Provider disagrees with a determination of the Procurer as to the appropriate Performance Payment payable pursuant to this Clause 6.5, such disputed amount shall be resolved in accordance with the provisions of Clause 7.2.
Performance Payment. Refers to payments made to Applicant based on the kWh of Load Relief provided by an Aggregation during a Term-DLM or Auto-DLM Event, which will be calculated at a dollar amount equal to $1/kWh multiplied by the average hourly kWh of Load Relief provided by an Aggregation during an Event multiplied by the number of Event hours. For Test Events, the kWh of Load Relief used to calculate Performance Payments will not exceed the product of the Aggregation’s Portfolio Quantity and the length of the Test Event.
Performance Payment. The Interpretive Center will perform the work as described in Exhibit A and submit requests for payment within forty-five days of each accepted and audited task. The maximum amount to be reimbursed under this agreement is $55,000 as further described in Exhibit A.
Performance Payment. The per member per month (pmpm) annual payment to Program Provider made to Program Provider retrospectively for performance of the CTC Milestones and as further described in this Appendix. Measurement Period or MP: Each 12-month period during which the Program is in effect. Each Measurement Period will begin on July 1st and end on June 30th of the applicable year.
Performance Payment. (a) As used herein:
Performance Payment. VPm = DSFm × VOMm x DMDm DMDm = The number of Delivery Days in Delivery Month m VOMm = Variable Price for Delivery Month m pursuant to Appendix IV
Performance Payment. The Contractor must execute and complete the Works and Viterra must pay the Contractor:
(a) for work for which Viterra accepted a lump sum, the lump sum;
(b) for work for which Viterra accepted rates, the sum ascertained by multiplying the measured quantity of each section or item of work actually carried out under this Contract by the rate accepted by Viterra for the section or item, adjusted by any additions or deductions pursuant to this Contract (Contract Sum).
Performance Payment. As part of the Incentive Compensation outlined in Section 3., Executive is entitled to a Performance Bonus Payment in addition to their Minimum Annual Compensation. This Performance Payment will be calculated as the greater of what is listed below or the Incentive Compensation approved for the Executive by the Board:
i. Bonus Payment. Executive shall receive Bonus Payments, each no less than 5% of Minimum Annual Compensation or in such amounts as are determined by the Company to be appropriate. The bonus payment shall be paid no less than within 60 days of the end of each fiscal quarter, plus
Performance Payment. Refers to payments made to Applicant based on the kWh of Load Relief provided by an Aggregation during a Term-DLM or Auto-DLM Event, which will be calculated at a dollar amount equal to $1/kWh multiplied by the average hourly kWh of Load Relief provided by an Aggregation during an Event multiplied by the number of Event hours. For Test Events, the kWh of Load Relief used to calculate Performance Payments will not exceed the product of the Aggregation’s Portfolio Quantity and the length of the Test Event. (As more particularly provided for by Section XII hereof, Performance Payments will not be made under Term-DLM or Auto-DLM if service is taken as part of a Con Edison “Rider R Tariff” program).
Performance Payment. Global will pay to Lodemo an incentive to reduce costs of operation of the Project, Farm and Facilities. Lodemo will be paid 20% of the reduction in actual direct costs (Allowable Costs) below the approved annual Budget for each year it reduces said costs. This cost reduction applies to all costs including land leases and other direct costs. This reduction may not in any way adversely impact quality of Product, worker treatment, safety or long term viability of the Farm or Project or violate any law or environmental rule or policy.