performance requirement definition

performance requirement means a requirement that:

performance requirement means a quantitative or non-quantitative requirement for or in relation to a product to achieve a certain performance level in relation to a product parameter referred to in Annex I;

performance requirement for an Award means the performance objectives established by the Committee and set forth in Schedule A.

Examples of performance requirement in a sentence

• Performance Requirement failures Subject to this clause 10.3, where the Equivalent Availability Factor for the Facility in any Support Year is less than 90%, the Availability Rebate will apply in accordance with Schedule 4.

• Performance and Other Requirements Performance Requirement obligations Subject to clause 10.3, the Operator must ensure that: Equivalent Availability Factor for the Facility for each Operating Year is equal to or exceeds 90%; and the energy storage capacity for the Facility for each Operating Year is equal to or exceeds the Storage Capacity, each a performance requirement (Performance Requirement).

• In addition, Maintenance Contractor shall diligently perform and complete Capital Asset Replacement Work when a Performance Requirement is not met and the required level of performance cannot be achieved by means of routine or preventive maintenance.

• Performance Metric Performance Requirement for Contract Extension Insurance Endorsements: Contractor timely provides to Enterprise Services at the designated address, without exception, annual insurance endorsements for the insurance coverages required by this Contract.

• Performance Metric Performance Requirement for Contract Extension Contract Sales Reports: Contractor timely provides to Enterprise Services, with no less than a 75% on time rate over the contract term, the required Contract quarterly sales reports.

More Definitions of performance requirement

performance requirement means a performance requirement in the building regulations that —

performance requirement means the condition(s) that must necessarily be attained for the vesting of Restricted Stock Units.

performance requirement means the condition(s) that must necessarily be attained for the vesting of the Cash Award.

performance requirement means the Company's reasonably prescribed performance standards for Material, including, but not limited to, quality, compliance with Specifications, delivery and service support, each determined in the case of an Enhanced Product with reference to standards for an Existing Product or family of Existing Products. The parties shall then negotiate in good faith to reach an agreement on such production plan's ability to satisfy the Performance Requirements and the Price to be charged for the Enhanced or New Product(s). In the event the parties agree on the production plan's satisfaction of the Performance Requirement and the Price for such Enhanced or New Product(s), and Supplier fulfills its obligations under the production plan (including the commencement of full production runs), then such Enhanced or New Product(s) will be added to Exhibit A for the purposes of this Agreement. All work performed by Supplier under this clause will be at Supplier's sole risk and expense, unless otherwise agreed to by the parties. If despite good faith negotiations the parties fail to agree (i) that the Enhanced or New Product(s) production plan satisfies the Performance Requirement or (ii) on a Price for the Enhanced or New Product(s), the parties agree to resolve the dispute through mediation as set forth in the Clause MEDIATION. In the event that as a result of such mediation, if necessary, the production plan is deemed to not satisfy the Performance Requirement, or the product plan slips the Company may purchase the Enhanced or New Product(s) from another source or sources and, the Volume/Price levels as outlined in the ("Volume/Price Letter") shall be adjusted to reflect the dollar amount purchased by Company from the other source or sources. If the Supplier desires not to make available for order by Company any Enhanced or New Product, the Company may purchase the Enhanced or New Product(s) from another source or sources and, the Volume/Price levels as outlined in the Volume Price Letter shall be adjusted to reflect the dollar amount purchased by Company from the other source or sources.

performance requirement means (a) in the case of any Tranche of any Option granted during 2006, the Performance Requirement applicable to such Tranche under Section 5(e)(ii); and (b) in the case of any Option, or Tranche of any Option, granted after December 31, 2006, any requirement based on the Purchaser’s realization of a specified Internal Rate of Return that must be satisfied in order for such Option, or Tranche, to become vested and exercisable.

performance requirement means a performance requirement measured during a Performance Period, as set forth in the applicable Plan Year Schedule.

performance requirement means the 20-Day Average Prices set forth in Table 1.