Base Case Equity Return definition

Base Case Equity Return means the nominal after tax internal rate of return to the Equity Investors which the Group is projected to generate (which, for the avoidance of doubt, is after tax paid or payable on project cashflows, and is before any tax paid or payable by the Equity Investor) from the Acquisition Date until the end of the Concession Period (assuming no circumstance of early termination or extension), as described in the Base Case Financial Model.
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Base Case Equity Return means the nominal after tax internal rate of return to the Equity Investors which the Group is projected to generate (which, for the avoidance of doubt, is after tax paid or payable on project cashflows, and is before any tax paid or payable by the Equity Investor) from the Acquisition Date until the end of the Concession Period (assuming no circumstance of early termination or extension), as described in the Base Case Financial Model, and (if applicable) as revised by agreement of the parties as a consequence of any Upgrade. Base Case Financial Model means the financial model for the Activities from the Acquisition Date to the end of the Concession Period (assuming no circumstance of early termination or extension), and the relevant Assumptions Books and other assumptions and information, data files, run specification files
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Base Case Equity Return means the Equity Return as stated in Worksheet "Output", cell reference "K35" the Base Case Financial Model.
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Examples of Base Case Equity Return in a sentence

  • In assessing that value, the discount rate used shall be equal to the aggregate of 2% per annum and the then yield for 10 year bonds issued by the Commonwealth as published in a newspaper circulated throughout Australia or (if that yield is not then reasonably certain or ascertainable) the weighted average of the Base Case Equity Return and the cost of Project Debt (as, at any particular time, set out in column 5 of schedule 5 to IFA with respect to that time) as reflected in the Base Case Financial Model.


More Definitions of Base Case Equity Return

Base Case Equity Return has the meaning given it in the City Link Concession Deed.
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Base Case Equity Return is the expected real after tax internal rate of return which a Notional Initial Equity Investor is projected by the Base Case Financial Model to receive over the Concession Period on its investment in Project Securities which based on the Concession Period (assuming no early termination or extension) is as set out in the Base Case Financial Model as at 19 May 1995 or such other rate as calculated from any agreed changes in the Base Case Financial Model. (a) on the basis of which the Company and the Trustee enter into the Project Documents;
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Related to Base Case Equity Return

  • Adjusted Capital means the sum of (i) cumulative gross proceeds generated from issuances of the Shares (including the Company's distribution reinvestment plan), less (ii) distributions to investors that represent a return of capital and amounts paid for share repurchases pursuant to the Company's share repurchase program. For purposes of computing the Incentive Fee, the calculation methodology will look through derivatives or swaps as if the Company owned the reference assets directly. Therefore, net interest, if any, associated with a derivative or swap (which represents the difference between (i) the interest income and fees received in respect of the reference assets of the derivative or swap and (ii) the interest expense paid by the Company to the derivative or swap counterparty) will be included in the calculation of quarterly pre-incentive fee net investment income for purposes of the Incentive Fee. The calculation of the Incentive Fee for each quarter is as follows: · No Incentive Fee shall be payable to the Advisor in any calendar quarter in which the Company's pre-incentive fee net investment income does not exceed the preferred return rate of 1.50% (6.0% annualized) (the "Preferred Return") on Adjusted Capital. · 100% of the Company's pre-incentive fee net investment income, if any, that exceeds the Preferred Return, but is less than or equal to 1.715% in any calendar quarter (6.86% annualized) shall be payable to the Advisor. This portion of the Company's pre-incentive fee net investment income is referred to as the "catch-up." The "catch-up" provision is intended to provide the Advisor with an incentive fee of 12.5% on all of the Company's pre-incentive fee net investment income in any calendar quarter when the Company's pre-incentive fee net investment income reaches 1.715% in such calendar quarter (6.86% annualized). · 12.5% of the amount of the Company's pre-incentive fee net investment income, if any, that exceeds 1.715% in any calendar quarter (6.86% annualized) shall be payable to the Advisor once the Preferred Return is reached and the catch-up has been achieved (12.5% of the Company's pre-incentive fee net investment income thereafter shall be allocated to the Advisor).

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Adjusted Capital Account means the Capital Account maintained for each Partner as of the end of each Fiscal Year (i) increased by any amounts which such Partner is obligated to restore pursuant to any provision of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5) and (ii) decreased by the items described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.