Average Annual Return definition

Average Annual Return on Invested Capital” shall be calculated by dividing (i) the average of the Company’s Net Operating Profit After Taxes (as defined below) for each of the three fiscal years during the Performance Period, by (ii) the average of the Company’s Invested Capital (as defined below) as of the last day of the fiscal quarter immediately preceding the Performance Period and the last day of each fiscal quarter during the Performance Period.
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Average Annual Return means: ((i) the NAV of the assets of the Company allocable to the capital contributions of the US L.P. to the Company at the end of the Accrual Period, plus the cumulative cash distributions paid by the Company to the US L.P. during the Accrual Period, less the estimated US taxes associated with such distributions determined by applying the Agreed Applicable Tax Rate, plus the portion of any ▇▇▇▇▇▇ Asset Management Fees and the portion of any Asset Management Fees paid to the Advisor during the Accrual Period and allocable to the US L.P., such allocation based on average common stock ownership during the Accrual Period, minus the issue price of the limited partnership interests of the U.S. LP, divided by (ii) the issue price of the limited partnership interests of the US L.P.), divided by (the number of days in the Accrual Period), multiplied by (365).
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Average Annual Return as defined herein, in pension benefits payable to each Member, commencing January 1, 2003, retroactive to July 1, 2002, who has attained age 62 and has received or has been credited with at least twelve monthly pension payments prior to July 1, 2002.
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Examples of Average Annual Return in a sentence

  • The Committee may adjust the calculation of Average Annual Return on Invested Capital applicable to the Award Units under the circumstances, for the purpose and to the extent contemplated by Section 3.2(c) of the Plan.

  • Further, the actual number of Award Units that become Vested based upon achieving the specified level of Average Annual Return on Invested Capital during the Performance Period may be adjusted (but only downward if the Grantee is a Covered Employee and this Award is intended to be Performance-Based Compensation subject to Section 17 of the Plan) by the Committee in its sole and absolute discretion based on such factors as the Committee determines to be appropriate and/or advisable.

  • If the Average Annual Return on Invested Capital for the Performance Period is below the Threshold Level, no Award Units will Vest.

  • The Performance Measure under this Award Agreement shall be the Simple Average Annual Return on Net Assets as derived from the consolidated financial statements of the Company for the Performance Period as defined above.

  • The Performance Measures under this Award Agreement shall be the Simple Average Annual Return on Net Assets and the Simple Average Annual Sales Growth as further defined in Exhibit A.

  • Average Annual Return On Net Assets Employed shall be equal to the sum of the Return On Net Assets Employed (“▇▇▇▇▇”) for each fiscal year of the Company during the Measurement Period divided by three.

  • Further, the actual number of Award Units that become Vested based upon achieving the specified level of Average Annual Return on Invested Capital ​ during the Performance Period may be adjusted (but only downward if the Grantee is a Covered Employee and this Award is intended to be Performance-Based Compensation subject to Section 17 of the Plan) by the Committee in its sole and absolute discretion based on such factors as the Committee determines to be appropriate and/or advisable.

  • The following table illustrates year-to-date (“YTD”), trailing 12 months (“One Year”), trailing 36 months (“Three Year”), Average Annual Return (“AAR”), trailing 60 months (“Five Year”), Average Annual Return (“AAR”) and cumulative total returns with and without upfront selling commissions and dealer manager fees (“sales load”), as applicable.

  • Average Annual Return on Invested Capital (“ROIC”) TARGET SHARES: <<TargetUnits>> PAYOUT DATE: <<PayoutDate>> THRESHOLD: «ThreshPerf%» 50% «ThreshShares» TARGET: «TargetPerf%» 100% «TargetShares» MAXIMUM: = or > than «MaxPerf%» 200% «MaxShares» The percentage of Units earned will be interpolated from 50% to 100% of the Target Units for performance between Threshold and Target and will be interpolated from 100% to 200% for performance between Target and Maximum.

  • If the Average Annual Return on Invested Capital for the Performance Period is below the Threshold Level, no Award Units will vest.


More Definitions of Average Annual Return

Average Annual Return means the quotient obtained by dividing (i) the sum of all cash distributions received the Members and the Manager, including, without limitation, from operations, refinance or sale, by (ii) the number of years between the date of first Investment and the date of calculation.
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Related to Average Annual Return

  • Average annual rainfall means a typical calendar year of precipitation as determined by the Wisconsin Department of Natural Resources for users of models such as WinSLAMM, P8 or equivalent methodology. The average annual rainfall is chosen from a department publication for the location closest to the municipality.

  • Average annual payroll means the average of the annual

  • Average Annual Debt Service means, at the time of calculation, the sum of the Annual Debt Service for the remaining years of the loan to the last scheduled maturity of the loan divided by the number of those years.