Remaining Performance definition

Remaining Performance means the amount of Retail Energy expected to be supplied by AEP Energy during the remainder of the relevant Term had the Event of Default not occurred, based on Customer’s historical usage in the preceding twelve (12) months.
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Remaining Performance means the amount of Retail Energy expected to be supplied by AEP Energy during the remainder of the relevant Term had it not been terminated early.
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Remaining Performance means the remaining performance, including kWhs, under this Agreement for the remainder of the relevant Term had it not been terminated early, based on historical usage. “Retail Margin” means the amount of Eligo’s forecasted retail margin under this Agreement, determined based on the differential between wholesale and retail market prices at the time of this Agreement or any extension hereof, allocable to the Remaining Performance. “Supply Termination Costs” means any loss or cost that Eligo would incur in terminating or liquidating the portion of any supply contracts, ▇▇▇▇▇▇, or related trading positions or arrangements held by Eligo allocable to the Remaining Performance, whether or not such action is taken. Eligo shall calculate the Settlement Amount in its commercially reasonable discretion, including where applicable Eligo estimates of market prices and forward market prices. Such calculation shall be included in any Early Termination Notice provided by Eligo or, if the termination date selected by ▇▇▇▇▇ is after the date of the Early Termination Notice or Customer delivers the Early Termination Notice, Eligo shall provide such calculation to Customer that owes it within five (5) business days after such notice is received. The Parties acknowledge and agree that the Settlement Amount constitutes a reasonable approximation of harm or loss, and is not a penalty or punitive in any respect. Each Party agrees that it has a duty to mitigate damages and to use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s performance or non-performance of this Agreement.
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Examples of Remaining Performance in a sentence

  • In the event the Employee is terminated from the employ of the Company or its Subsidiaries (or their respective successors or entities that continue in business) without Cause within two (2) years from the Change in Control Date, the Remaining Performance Shares (or their equivalency as determined under the Change in Control transaction) shall be reinstated and Common Shares (based on such Remaining Performance Shares) shall be issued or their equivalent paid, as applicable, to the Employee.

  • As used herein, the following terms have the following meanings: “Contract Value” means the amount that would have been owed by Customer related to the Remaining Performance (as hereinafter defined) pursuant to the applicable Attachment(s).

  • In the event the Employee is terminated from the employ of the Company or its Subsidiaries (or their respective successors or entities that continue in business) with Cause at any time following a Change in Control, the Employee shall forfeit the Remaining Performance Shares.

  • If the Grantee does not remain continuously employed through the third anniversary of the Grant Date under any other circumstances, then all Remaining Performance Share Units that are not vested as of the date of the Grantee’s termination of employment shall be automatically forfeited to the Company and cancelled on the date of the Grantee’s termination of employment.

  • As used herein, the following terms have the following meanings: “Contract Value” means the amount that would have been owed by Customer related to the Remaining Performance (as hereinafter defined).

  • The 2006 Employee Investor’s Remaining Performance Vesting Series C Common Units are set forth underneath the 2006 Employee Investor’s name on the signature page hereto.

  • Loverro Sophocles Zoullas Schedule D Post IPO Performance Percentages - Definitions The "Total Available Post IPO Remaining Performance Percentage" available to all Management Members allocated Performance Points (and Ex-Management Members that retain Performance Points pursuant to this Agreement, if any) on any date of determination shall equal the product of (x) seven and one half percent (7.5%) and (y) the Performance Factor (as defined below).

  • After Seller posts the Full Performance Assurance or the Remaining Performance Assurance pursuant to Section 8.4(a)(iii)(B), Buyer shall transfer (as described in the preceding sentence) on or before each Interest Payment Date the Interest Amount, if any, due to Seller for the posted Performance Assurance.

  • Any Shares payable in respect of the Remaining Performance Share Units shall be delivered to the Participant (to the extent not already delivered) as set forth in Section 5 of the Agreement but in no event later than the date the Change in Control is consummated.

  • The portion of the Performance Option for the Remaining Performance Option Shares which shall become vested on each IPO Anniversary shall equal the product of (i) the aggregate number of Remaining Performance Option Shares multiplied by (ii) 0.333.


More Definitions of Remaining Performance

Remaining Performance means the remaining performance, including kWhs, under this Agreement for the remainder of the relevant Term had it not been terminated early, based on historical usage.
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Related to Remaining Performance