TSR Index definition

TSR Index mean the R▇▇▇▇▇▇ 2000 Index as maintained by FTSE International Limited and F▇▇▇▇ ▇▇▇▇▇▇▇ Company (FTSE R▇▇▇▇▇▇) or their successor(s). If the R▇▇▇▇▇▇ 2000 Index ceases to be maintained or reported upon prior to the end of the relevant performance period, the Board may, at its discretion and acting in good faith, designate another index or group of companies to serve as a comparator group for the TSR Modifier as laid out in Section 3.2(b). Any companies that drop out of the R▇▇▇▇▇▇ 2000 Index during the relevant performance period set forth in this Agreement shall be excluded, as determined by the Board in its discretion and acting in good faith.
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TSR Index means the following companies (subject to adjustment in accordance with the calculation of the Company’s Rank): KB Home; Meritage Homes; Hovnanian Enterprises; MDC Holdings; Beazer Homes USA; M/I Homes; Century Communities; LGI Homes; The New Home Company; TRI Pointe Group; Green Brick Partners; and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.
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TSR Index mean the R▇▇▇▇▇▇ 2000 Index as maintained by FTSE International Limited and F▇▇▇▇ ▇▇▇▇▇▇▇ Company (FTSE R▇▇▇▇▇▇) or their successor(s). If the R▇▇▇▇▇▇ 2000 Index ceases to be maintained or reported upon prior to the end of the relevant performance period, the Board may, at its discretion and acting in good faith, designate another index or group of companies to serve as a 1 For award to G▇▇▇▇▇ ▇▇▇▇▇▇ only. comparator group for the TSR Modifier as laid out in Section 3.2(b). Any companies that drop out of the R▇▇▇▇▇▇ 2000 Index during the relevant performance period set forth in this Agreement shall be excluded, as determined by the Board in its discretion and acting in good faith.
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Examples of TSR Index in a sentence

  • TSR for the Company and each other entity in the TSR Index shall be determined in accordance with the following formula.

  • If the Company’s Percentile equals the Percentile achieved by a Rank of one in the TSR Index, the Payout Percentage shall be 200%.

  • TSR for the Company and each other entity in the TSR Index shall be determined in accordance with the following formula: TSR shall be calculated by dividing (a) the Closing Average Share Value by (b) the Opening Average Share Value, expressed as a percentage.

  • The performance goal applicable to the PSUs will be the TSR of the Company relative to the companies in the TSR Index, as measured over the applicable Performance Period.

  • The Company’s “Rank” will be determined by the Company’s position within the ranking of each company in the TSR Index (including the Company) in descending order based on their respective TSRs (with the highest TSR having a Rank of one).

  • Achievement of the performance goal will be determined by the percentile rank of the Company’s TSR relative to the TSR of each other company in the TSR Index (as expressed by the Company Percentile).

Related to TSR Index

  • SOFR Index means, with respect to any U.S. Government Securities Business Day:

  • SOFR IndexEnd means the SOFR Index value on the date that is the number of U.S. Government Securities Business Days specified in the relevant Final Terms preceding the Interest Payment Date relating to such Interest Accrual Period (or in the final Interest Accrual Period, the Maturity Date).

  • CPI Index is defined in Section 2.1(c) of this Agreement.

  • RPIX Index shall have the meaning given to it in paragraph 5.4 of Schedule 3 (Charging Structure) of this Framework Agreement;

  • SIFMA Index means the Securities Industry and Financial Markets Association Municipal Swap Index, produced by Municipal Market Data, or if such index is not published, then such other index selected by the Treasurer which reflects the yield of tax-exempt seven-day variable rate demand bonds.