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.
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
Base Case Equity Return means the Equity Return as stated in Worksheet "Output", cell reference "K35" the Base Case Financial Model.
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.
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;