Performance Increment definition

Performance Increment means, with respect to Manager Shares issued by an Offshore Fund to an Offshore Related Partnership with respect to each applicable period, the Performance Increment or similar performance fee or profit allocation (as defined in the organizational documents of such Offshore Fund) that has been definitively calculated and booked by such Offshore Fund during such period (after giving effect to the reduction for the Selling Commission (as defined in the organizational documents of such Offshore Fund) or similar solicitation or brokerage fees and after giving effect to any reduction for any Performance Fee).
View Source
Performance Increment is the Total Shareholder Return with respect to the Company's Common Stock minus the Total Shareholder Return of the median company in the Dow Jone▇ ▇▇ Electrical Utilities Index-All Regions (ELC) as in effect at the end of the Performance Period.
View Source
Performance Increment means, with respect to Manager Shares issued by an Offshore Fund to an Offshore Related Partnership, the Performance Increment or similar performance fee or profit allocation as defined in the organizational documents of such Offshore Fund or, with respect to the Offshore Management Agreement in respect of an Offshore Fund, the Performance Increment (or similar performance fee or profit allocation) as defined in such Offshore Management Agreement. [Confirm the result is net of solicitor/broker fees.]
View Source

Examples of Performance Increment in a sentence

  • As an exception to Performance Increment Advancement provisions as set forth in Subd.

  • Thereafter, in order to advance to the next Performance Career increment (18, 22, 26), a teacher must remain at the previous Career Performance Increment a minimum of 4 years.

  • Exception: teachers currently at or beyond Career Performance Increment 11 may advance to Career Performance Increment 14 as provided in Subd.

  • In order to advance to the Career Performance Increment 14, a teacher must remain at Performance Increment 11 for a minimum of three (3) years or until the teacher has completed a minimum of 13 contracted teaching years in the School District, whichever comes first.

  • Teachers on the Alternative Compensation Salary Schedule shall receive a Performance Increment (a step on the salary schedule) after a year of experience and after demonstrating proficiency, as deemed by their Q-Comp Teacher Observer.

  • Performance Increment Placement: Dependent upon teaching experience and training based on the following: Performance increment 2: less than one year of teaching experience.

  • Q = Quarter Hours S = Semester Hours Lane I ▇▇ ▇▇ Q BA+15 S BA+10 III Q BA+30 S BA+20 IV Q BA+45 S BA+30 V MA VI Q MA+15 S MA+10 VII Q MA+30 S MA+20 VIII Q MA +45 S MA+30 Performance Increment 1 MA Out of Field.

  • Exception: teachers currently at or beyond Career Performance Increment 11 may advance to Career Performance Increment 18 as provided in Subd.

  • Exception: teachers currently at or beyond Step 11 may advance to Career Performance Increment 22 as provided in Subd.

  • As promptly as practicable (which may be following the Closing), the Company and the Partners shall use all commercially reasonable efforts to cause each Offshore Fund to amend its organizational documents (and obtain all necessary consents and approvals in connection therewith) to permit the modification of the formulas for determination and payment of the Performance Increment thereunder as, when and to the extent contemplated by the Offshore Management Agreements and Section 5.7 of the LLC Agreement.


More Definitions of Performance Increment

Performance Increment. A salary increase agreed to within the “Master Agreement” and awarded as of the first duty day of the school year, dependent on successful rating. (formerly understood as a step) Master Teacher: A licensed employee hired to observe tenured Teachers using the modified “▇▇▇▇▇▇▇ Framework for Effective Teaching – Tenured Format 2011.” ▇▇▇▇▇▇▇ Framework for Effective Teaching – Tenured Format 2011-13: This document will be used when observing tenured Teachers. There are several domains in this document, and it is agreed that one-half (1/2) of them will be used during 2011-2012, and a substantially different one-half (1/2) will be used during 2012-2013.
View Source

Related to Performance Increment

  • Scan increment means the amount of relative displacement of the patient with respect to the CT x-ray system between successive scans measured along the direction of such displacement.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Fixed Incremental Amount means (i) the greater of $610,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Incremental Amount has the meaning specified in Section 2.14(a).