Minimum Performance Requirement definition

Minimum Performance Requirement. (MPR) means the minimum durability performance, in terms of SOCE or SOCR at a specific point in the life of the vehicle, that constitutes compliance with the durability provisions of this GTR.
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Minimum Performance Requirement. (MPR) means the minimum durability performance, in terms of SOCE at a specific point in the life of the vehicle, that constitutes compliance with the optional durability provisions of this GTR that a Contracting Party may optionally elect to enforce.
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Minimum Performance Requirement means the Flown Expenditure targets as outlined in Schedule 2.
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Examples of Minimum Performance Requirement in a sentence

  • If the Minimum Performance Requirement is achieved, Shares may be issued to the Grantee provided that the threshold Performance Requirements are achieved for ROIC or EBITDA as set forth below.

  • The Committee may not adjust the Minimum Performance Requirement or Performance Goals during the Performance Period.

  • The Committee shall determine and certify whether the Minimum Performance Requirement has been met and the level of performance with regard to the Performance Goals after the end of the Performance Period.

  • If either the Minimum Performance Requirement is not met or the performance level with regard to the Performance Goals is below the established threshold, no PSUs shall be payable under this Performance Award Agreement.

  • The Company hereby grants to the Executive the right to receive the target number of PSUs indicated on Exhibit 1 hereto (the “Target”) at the end of the Restriction Period set forth in Paragraph 5, with the earn-out opportunity to receive PSUs equal to 0% - 150% of the Target, subject to the achievement of the Minimum Performance Requirement and Performance Goals set forth in Paragraph 2.

  • In each Contract Year of the Services Term if the amount of Delivered Energy delivered to Buyer at the Delivery Point from the Project pursuant to the terms of the Agreement (and giving credit to Seller for Deemed Generated Energy attributable for such Contract Year) is less than the Minimum Performance Requirement, Seller shall pay to Buyer an amount equal to $25 total per MWh for the deficit amount of Energy and associated RECs below the Minimum Performance Requirement.

  • If E@W does not satisfy the Minimum Performance Requirement for any calendar quarter, then it will reduce RB’s portion of the marketing fee by an amount equal to the difference between the Minimum Performance Requirement and the actual Finance Charge Receivables collected during the related calendar quarter.

  • Damages payable by Seller to Buyer pursuant to the terms of this Section 3.15 for failure to meet the Minimum Performance Requirement shall be capped at $1,500,000 per year and $10,000,000 in the aggregate over the Services Term.

  • Receiver sensitivity shall be compliant with PN3383, (Draft American National Standard or Telecommunications - Recommended Minimum Performance Requirement for Base Stations Supporting 1.8 to 2.0 GHz Code Division Multiple Access (CDMA) Personal Stations) with the following clarification / exceptions.

  • This Minimum Performance Requirement is documented and attached to the Agreement as Exhibit E.


More Definitions of Minimum Performance Requirement

Minimum Performance Requirement has the meaning set forth in Section 3.15. “MMS” means the Minerals Management Service, a bureau of the United States Department of the Interior, or its successor agency.
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Minimum Performance Requirement means the requirement to achieve minimum performance metrics expected in the territory on a monthly basis as mentioned in Schedule VIII.
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Related to Minimum Performance Requirement

  • performance requirement means a requirement that:

  • Performance Requirements The ordering entity reserves the right to inspect and verify that all deliveries are in accordance with specifications, both at the point of delivery and at the point of use. For orders that specify an “authorized party” to receive and inspect deliveries and/or installations, acceptance and inspection procedures must be performed by the” authorized party” to be considered and accepted by the ordering entity. Products inspected at the time of use are subject to refusal and return requirements for issues of quality such as defects in manufacturing and/or workmanship. Products will not be considered accepted by the ordering entity until the installation is complete for the applicable products.

  • Minimum Balance Requirements The minimum balance to open the account is $5.00. If the balance falls below $5 at any time, the account may be closed. See Balance Computation Method above. Fees and Charges; Other Requirements: See our Schedule of Fees at ▇▇▇▇▇▇▇.▇▇▇/▇▇▇▇. Dividends: See Disclosures Concerning Dividends above. Current rates are disclosed on the Credit Union’s website.

  • Service Requirements means the specification that the Flexibility Services must be capable of meeting, as defined in Schedule 1;

  • Control Performance Standard or “CPS” shall mean the reliability standard that sets the limits of a Balancing Authority’s Area Control Error over a specified time period.