6% Return definition

6% Return means, with respect to the Stockholders, an amount calculated like simple interest at the rate of six percent (6%) per annum calculated on the varying daily balances of Invested Capital during the period to which the 6% Return relates, and determined on the basis of a 360-day year/30-day month, cumulative for the period for which such 6% Return is being determined.
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6% Return means, with respect to the Landwin Partners, an amount calculated like simple interest at the rate of six percent (6%) per annum calculated on the varying daily balances of Invested Capital of the Landwin Partners during the period to which the 6% Return relates, and determined on the basis of a 360-day year/30-day month, cumulative for the period for which such 6% Return is being determined.
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Examples of 6% Return in a sentence

  • Payment of such fee shall be subordinated to receipt by stockholders of Stockholders’ 6% Return.

  • RATE BASE - Schedule C1, Col 5, Ln 10 6 Return on Rate Base - Schedule C1, Col 7, Ln 10 6a Total Project Specific Return Adustment - Schedule D2, Col 3, Ln A Schedule F1, page 2, line 1a, col.

  • Form – 6 Return of the Contribution Card and Annual Statement of Contribution.

  • You agree that GIA shall not be responsible or liable for loss of or damage to any Article if shipped in accordance with this Section 6 (Return of Articles by GIA; Exceptions) or with your express written instructions, including without limitation, in the case of shipments being returned at your request using your Malca Amit, Brinks, FedEx, United States Postal Service, or United Parcel Service (each a "Carrier") account or while using your Carrier mailing labels.

  • Other than as expressly set forth in this Section 6 (Return of Subject Units), the repurchase of refurbished Subject Units is subject to the terms and conditions of the Supplier Agreement.

  • Subject to Section 6 (Return of Confidential Information), Recipient’s obligations, with respect to Confidential Information exchanged hereunder during the term, will continue for five years after the date of expiration or termination of this Agreement as applicable.

  • You reaffirm your nondisclosure, intellectual property and other obligations set forth in the Restrictive Covenants Agreement, the terms of which are incorporated by reference as material terms of this Agreement (subject to the waiver of Section 8(c)) and which, along with Sections 4 (Noncompetition), 5 (Non-Disparagement), 6 (Return of Property) are referred to herein as the “Ongoing Obligations”.

  • If the Stockholders have not received total Distributions in an amount equal to 100% of Original Invested Capital plus the Stockholders’ 6% Return through the Termination Date, an appraisal of the Properties then owned by the Company shall be made.

  • The Subordinated Share of Net Sales Proceeds shall be payable to the Advisor in an amount equal to 10% of Net Sales Proceeds remaining after the Stockholders have received Distributions equal to the sum of the Stockholders’ 6% Return and 100% of Invested Capital.

  • Applies if you return the vehicle needing more than our standard cleaning to make it ready for its next rental (see chapter 6, Return).