Minimum Preferred Return definition

Minimum Preferred Return of a Member for a Fiscal Year means an amount equal to ten percent (10.0%) per annum on the Member’s Capital Contribution Balances for the various parts of the Fiscal Year on the basis of a three hundred sixty-five (365) day year, taking into account the actual number of days elapsed, prorated for any partial Fiscal Year based upon the number of days in that Fiscal Year. For example, if Condor Member’s Capital Contribution Balances for a Fiscal Year were $6,000,000.00 for the first 300 days of the Fiscal Year and $6,500,000 for the last 65 days of the Fiscal Year, the Condor Member’s Minimum Preferred Return for the Fiscal Year would be 10% of $6,000,000.00=$600,000.00 multiplied by 300/365=$493,150.68, plus 10% of $6,500,000.00= $650,000.00 multiplied by 65/365=$115,753.42, or a total of $608,904.10.
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Minimum Preferred Return means $30,000,000 less one-half of the Total Escrow Deposit.
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Minimum Preferred Return means a Ckrush's aggregate Capital Contributions to the Company, plus twenty percent (20%) of Ckrush's aggregate Capital Contributions to the Company, plus the aggregate amount of Net Loss allocated to Ckrush.
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Examples of Minimum Preferred Return in a sentence

  • The shares of Series A Preferred to be redeemed on a Redemption Date shall be redeemed by paying for each share in cash an amount equal to the Minimum Preferred Return on such Redemption Date, such amount being referred to herein as the "Preferred Redemption Price." Such payment shall be made by the Corporation in full, from funds legally available therefor, on such Redemption Date to the holder entitled thereto.


More Definitions of Minimum Preferred Return

Minimum Preferred Return of a Member for a Fiscal Year means an amount equal to ten percent (10.0%) per annum on the Member’s Capital Contribution Balances for the various parts of the Fiscal Year on the basis of a three hundred sixty-five (365) day year, taking into account the actual
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Related to Minimum Preferred Return

  • Preferred Return has the meaning specified in the Company LLC Agreement.

  • Current Return means the minimum fair combined rate of return on common equity required for

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • Senior Non Preferred Liabilities means any unsubordinated and unsecured senior non preferred obligations (créditos ordinarios no preferentes) of Banco Santander under Additional Provision 14.2º of Law 11/2015 (including any senior non preferred debt securities) and any other obligations which, by law and/or by their terms, and to the extent permitted by Spanish law, rank pari passu with the Senior Non Preferred Liabilities.

  • valid return means a return furnished under sub-section (1) of section 39 on which self-assessed tax has been paid in full;

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Combined Return means any Tax Return (other than a Tax Return for U.S. federal income taxes) filed on a consolidated, combined (including nexus combination, worldwide combination, domestic combination, line of business combination or any other form of combination) or unitary basis that includes activities of any member of the Anadarko Group and any member of the Partnership Group.

  • Parity Preferred Units shall have the meaning provided in Section 4.

  • Final Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Total Stockholder Return means the total return (change in share price plus reinvestment of any dividends) of a share of the Company’s common stock.

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • Series B Liquidation Preference means a liquidation preference for each Series B Preferred Unit initially equal to $25.00 per unit, which liquidation preference shall be subject to increase by the per Series B Preferred Unit amount of any accumulated and unpaid Series B Distributions (whether or not such distributions shall have been declared).

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Series A Preferred Unit means a Preferred Unit having the designations, preferences, rights, powers and duties set forth in Article XVI.

  • Liquidation Preference Amount means $25,000 per share of Series A Preferred Stock.

  • Regular Principal Distribution Amount means, with respect to any Payment Date, an amount equal to (a) the excess, if any, of (i) the Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (ii) the excess, if any, of the Adjusted Pool Balance as of the end of the related Collection Period less the Overcollateralization Target Amount minus (b) the sum of the First Priority Principal Distribution Amount and the Second Priority Principal Distribution Amount for such Payment Date.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Minimum Percentage means 3% of the number of outstanding shares of common stock of the Corporation as provided in the most recent 1934 Act filing made by the Corporation with the SEC immediately prior to the submission of the Nomination Notice.

  • Company Returns is defined in Section 3.15(a) of the Agreement.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.

  • Preferred Unit means a fractional share of the Partnership Interests that the General Partner has authorized pursuant to Sections 4.01, 4.03 or 4.04 hereof that has distribution rights, or rights upon liquidation, winding up and dissolution, that are superior or prior to the OP Units.

  • Series C Liquidation Preference means a liquidation preference for each Series C Preferred Unit initially equal to $25.00 per unit (subject to adjustment for any splits, combinations or similar adjustments to the Series C Preferred Units), which liquidation preference shall be subject to increase by the per Series C Preferred Unit amount of any accumulated and unpaid Series C Distributions (whether or not such distributions shall have been declared).