Quantitative Factors Sample Clauses

The Quantitative Factors clause defines the specific numerical criteria or metrics that are used to evaluate or measure performance, compliance, or eligibility within an agreement. This clause typically outlines thresholds, percentages, amounts, or other measurable standards that parties must meet, such as sales targets, financial ratios, or production volumes. By clearly specifying these quantitative benchmarks, the clause ensures objective assessment and reduces ambiguity, thereby facilitating fair enforcement and minimizing disputes over whether contractual obligations have been fulfilled.
Quantitative Factors. The company shall satisfy the definition of “Energy Company” in the Everen Limited Eligibility Requirements (Exhibit B to the Shareholders’ Agreement). • The company shall have Unmodified Gross Assets of not less than one billion dollars ($1,000,000,000). Deeming Unmodified Gross Assets to one billion dollars ($1,000,000,000) is not permitted. • If rated, the applicants shall have a minimum credit rating of S&P BBB- or ▇▇▇▇▇’▇ Baa3. Applicants with ratings below these levels are not eligible for membership. • Applicants without an S&P or ▇▇▇▇▇’▇ rating have 2 options: ⮚ Pass 4 of 6 internal financial ratio tests and post collateral acceptable to ▇▇▇▇▇▇ ⮚ Obtain a shadow investment-grade rating • Applicants shall have an acceptable ten (10) year loss history, attested to by an officer of the company. • The company shall access Everen directly (i.e. without the intervention of a state-owned or other third-party insurance company). • Companies headquartered in countries that are (1) categorized as “emerging market economies” (as defined in the MSCI EMI) or (2) deemed to be below emerging market economy status shall not represent more than 10% of the total Standard Weighted Gross Assets of all Assureds. • The company shall submit annually, prepared to ▇▇▇▇▇▇’s satisfaction, a report of Unmodified Gross Assets and Named Windstorm Unmodified Gross Assets subject to all the requirements of Section IV of the Rating & Premium Plan. • The company shall submit annually, prepared to ▇▇▇▇▇▇’s satisfaction, a declaration (the “Sanctionable Activity Gross Asset Declaration”) of the gross value of property to be excluded from Unmodified Gross Assets pursuant to paragraph IV.C(3) of the Rating & Premium Plan (including zero (0) gross value, if applicable) broken down by Sector and country. The Sanctionable Activity Gross Asset Declaration shall be certified by an officer of the company, • If the company is government-owned it must either (1) have substantial energy investments and operations (other than carried interests or the equivalent) in association with other energy companies or (2) have substantial energy investments and operations in situations where it operates outside its own national borders or (3) if agreed by ▇▇▇▇▇▇, has securities listed and actively traded on leading securities exchanges outside its national borders in its own name. • All of the company’s energy operations shall be covered by ▇▇▇▇▇▇ unless otherwise agreed by ▇▇▇▇▇▇. • ▇▇▇▇▇▇ may impose othe...
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Quantitative Factors. At least 90% of the College Supervision Budget will be allocated to departments/divisions based on the quantitative factors of Fall-45th FTSE (for Library and Counseling Faculty supervision) and Fall/Spring instructional load (for Instructional Faculty Supervision).
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Related to Quantitative Factors

  • Performance Factors (a) Each party will notify the other party of the existence of a Performance Factor, as soon as reasonably possible after the party becomes aware of the Performance Factor. The Notice will: describe the Performance Factor and its actual or anticipated impact; include a description of any action the party is undertaking, or plans to undertake, to remedy or mitigate the Performance Factor; indicate whether the party is requesting a meeting to discuss the Performance Factor; and address any other issue or matter the party wishes to raise with the other party. (b) The recipient party will provide a written acknowledgment of receipt of the Notice within 7 Days of the date on which the Notice was received (“Date of the Notice”). (c) Where a meeting has been requested under paragraph 7.2(a)(3), the parties agree to meet and discuss the Performance Factors within 14 Days of the Date of the Notice, in accordance with the provisions of section 7.3.

  • ADJUSTMENT FACTORS The Contractor will perform any or all Tasks in the Construction Task Catalog for the Unit Price appearing therein multiplied by the following Adjustment Factors. See the General Terms and Conditions for additional information.

  • Annual Performance Evaluation On either a fiscal year or calendar year basis, (consistently applied from year to year), the Bank shall conduct an annual evaluation of Executive’s performance. The annual performance evaluation proceedings shall be included in the minutes of the Board meeting that next follows such annual performance review.

  • Performance Measure Grantee will adhere to the performance measures requirements documented in

  • Performance Evaluations Employee performance shall be evaluated and communicated on a yearly basis as required under County policy. Performance evaluations are used to demonstrate to employees that they are valued; record how an employee’s performance meet the requirements of the job; create a job history record; identify employee strengths and areas for enhancement; assist the employee and supervisor in an effort to attain the highest level of performance; and reinforce performance standards. Every effort will be made to include substantiated information within an employee’s performance evaluation. Non-recurring discipline history which is more than two (2) years old will not be referenced in performance evaluations. The County shall ensure employee performance evaluations are conducted in accordance with County and departmental policy. Performance evaluations and disciplinary matters shall only be conducted by County employees. When an employee who does not agree with the overall rating he/she receives on his/her written performance evaluation, he/she shall discuss and attempt to resolve the differences with his/her immediate supervisor. If discussion with his/her immediate supervisor does not result in resolution of the differences, the employee may file a written request to meet with the next level of management. Said request shall state the unresolved issues and the specific changes in the written performance evaluation the employee is seeking. The appropriate manager shall meet with the employee to discuss the unresolved issues. If the issues are not resolved to the employee’s satisfaction following discussion with the appropriate manager, the employee may within thirty (30) working days file a written request for a meeting with the department head. Within fourteen (14) working days of receipt of a written request stating the unresolved issues and the desired changes in the written performance evaluation, the department head shall meet with the employee to discuss the issues. Within ten (10) working days of said meeting, the department head shall respond in writing to the employee. The decision of the Department Head shall be final and not subject to the grievance procedure. An employee may submit a written response to his/her evaluation that shall be placed in his/her personnel file.