Interim Measurement Date definition

Interim Measurement Date means each of December 31, 2017 and December 31, 2018.
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Interim Measurement Date means the date that Parent and Purchaser reasonably calculate as being 17 days prior to the First Closing Date.
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Interim Measurement Date has the meaning ascribed to such term in Section 2.07(a).
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Examples of Interim Measurement Date in a sentence

  • Redemptions in accordance with the immediately preceding sentence shall continue until the FFO Increase for any Interim Measurement Date equals or exceeds the Target FFO.

  • In such an event, no further redemptions shall be made pursuant to this Section 7.2.3. Redemption pursuant to this Section 7.2.3 is cumulative so that if the requirements of Section 7.2.2 are met on a previous Interim Measurement Date the portion of the Participant’s Target Unit that will be redeemed as a result of this Section 7.2.3 shall be aggregated with any prior redemptions of the Participant’s Target Unit.

  • Redemptions in accordance with the immediately preceding sentence shall continue until the FFO Increase for any Interim Measurement Date equals or exceeds the Second FFO Threshold.

  • There will not be interpolation of performance achievement or payout as of any Interim Measurement Date; however, at the Final Measurement Date, if results for Synergy Savings are attained at an interim level of performance, a proportionate number of Performance Shares shall be earned, as determined by mathematical interpolation.

  • Upon completion of [ ] % of the Performance Period (which shall be [ ], [ ] reflecting [ ] months out of the 36 month Performance Period and referred herein as the “Interim Measurement Date”), an interim calculation of performance shall be performed to calculate the Relative TSR Percentage and the Absolute TSR Percentage as if the Interim Measurement Date were the last day of the Performance Period.

  • If the FFO Increase is less than the First FFO Threshold, no portion of the Participant’s Target Unit will be redeemed as a result of the Interim Measurement Date.

  • Notwithstanding the foregoing, if the Purchaser shall fail to deliver to the Seller the Proposed Interim Statement within 45 days after the Interim Measurement Date, then the Seller shall have the right in its sole discretion to declare that the Interim Target has been reached, which declaration shall be final and binding upon the Purchaser and the Escrow Agent.

  • As soon as administratively practicable after the end of the Performance Period, the Committee shall determine the FFO Increase for the Final Measurement Date; provided, however, that if the Target FFO was met on any Interim Measurement Date as provided in Section 7.2 below this Section 7.1 shall not apply.

  • The redemption of Units under this Section 7.1 is cumulative so that if on any Interim Measurement Date a Redemption Event occurs with respect to all or any portion of the Participant’s Target Unit, no additional Units will be redeemed unless the FFO Increase exceeds the greatest FFO Increase from any prior Interim Measurement Date.

  • As soon as administratively practicable after the end of any Interim Measurement Date, the Committee shall determine the FFO Increase for the Interim Measurement Date; provided, however, that if the Target FFO was met on any prior Interim Measurement Date no further determinations are necessary under this Section 7.2. The FFO Increase will determine whether all or any portion of the Participant’s Target Unit will be redeemed after such Interim Measurement Date.


More Definitions of Interim Measurement Date

Interim Measurement Date means [ ], [ ], which is reflective of completing [ ]% of the Performance Period.
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Interim Measurement Date means any Measurement Date that occurs prior to the last Plan Year for the Performance Period.
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Related to Interim Measurement Date