Base Case IRR definition

Base Case IRR means Sun’s IRR determined in the Base Case.
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Base Case IRR means the IRR as reflected in the Base Case Financial Model;
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Base Case IRR means the real internal rate of return to the holders of Junior Capital projected to be achieved at the Post Construction Review calculated using the Base Case Financial Model updated to take account of the actual profile of capital expenditure on the Project (excluding Excluded Project Spend) and the updated Expenditure Forecast prepared pursuant to clause 5.1(a)(iv) (provided that, where capital expenditure has exceeded or is forecast to exceed the Threshold Outturn, the rate of return calculated under this paragraph shall not be lower than the internal rate of return calculated on the basis that the capital expenditure is equal to (but not greater than) the Threshold Outturn);
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Examples of Base Case IRR in a sentence

  • This calculates the value of the equity by using the original base case equity IRR to value the equity for the remaining term of the PPP contract.The main differences between a), b) and c) can be summarised as follows: - Option a) values the equity at the value it was expected to create at the outset of the project (the Base Case IRR).

  • The equity is valued on the basis of the Base Case IRR for what would have been (in the absence of termination) the remaining term of the PPP contract.

  • The project has a Base Case IRR of 10%, with an NPV (discounted at 7% p.a. to 2021) of IDR 510 billion.

  • Similarly, a 10% increase in capital costs decreases the Base Case IRR by 1% to 16% and decreases the Base Case NPV 8% by US$48 million to US$394 million.

  • For example, the first two allegations of sexual as- sault (almost simultaneously in 2016) against Larry Nassar, a former physician of the USA Gymnastics team, were delayed for 16 years and 17 years, respectively.

  • The two projects together have a Base Case IRR of 12%, with an NPV (discounted at 7% p.a. to 2021) of IDR 1846 billion.

  • An annual report with the number of complaints received under the Policy and their outcome shall be placed before the Board of Directors of IICC Ltd.

  • Note that a 10% increase in operating costs decreases the Base Case IRR by 1% to 16% and decreases the Base Case NPV at 8% by US$73 million to US$369 million.


More Definitions of Base Case IRR

Base Case IRR means [  ];
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Base Case IRR means the projected final blended internal rate of return of the Investors post tax (in relation to any tax payable or to be paid by DBFM Co on the aggregate of the Subordinated Debt and Equity) expressed in nominal terms being [[ l ]% to be inserted from PSDP’s winning bid then defined as First Whole Life Threshold Return];
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Related to Base Case IRR

  • Base Case Model means the financial model and statements including profit and loss, balance sheet and financial projections reflecting the forecasted consolidated financial conditions of the Group for the term of this Agreement (for these purposes assuming both before and after the incurrence of the indebtedness under the Finance Documents), each in form and substance satisfactory to the Finance Parties addressed to, and/or capable of being relied upon by the Finance Parties.

  • Base Case A statement of the technical, economic and tax assumptions relating to the Project in the form of a run of the Financial Model as updated from time to time.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Base Case Financial Model means a financial model prepared by the Borrower forecasting the revenues and expenditures of the Project for time periods through the Final Maturity Date and based upon assumptions and methodology provided by the Borrower and acceptable to the TIFIA Lender as of the Effective Date, which model shall be provided to the TIFIA Lender as a fully functional Microsoft Excel – based financial model or such other format requested by the TIFIA Lender.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Updated Appraisal means an Appraisal of the Mortgaged Property or related REO Property, as the case may be, conducted subsequent to any Appraisal performed on or prior to the date of this Agreement by an Appraiser, selected by the applicable Servicer, in accordance with MAI standards, the costs of which shall be paid as a Property Advance by the Lead Securitization Note Holder or applicable Servicer.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • Service credit year means an accumulation of months of

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Pro Forma Cost Savings means, with respect to any four-quarter period, the reduction in net costs and expenses that:

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Anticipated State average revenue availability per student means the sum of all anticipated total county revenue availability divided by the average daily membership for the State.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of Foamex, the net income of Foamex and its Subsidiaries after provision for income taxes for such fiscal period, as determined in accordance with GAAP on a consolidated basis (excluding the Joint Ventures and the China Joint Venture) and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain (or loss) arising from any write-up (or write-down) in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by Foamex or any of its Subsidiaries in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person (other than Foamex Canada and the Mexican Subsidiaries and their respective Subsidiaries) in which Foamex or any of its Subsidiaries has an ownership interest unless (and only to the extent) such earnings shall actually have been received by Foamex or any of its Domestic Subsidiaries in the form of cash distributions; (e) earnings of any Person to which assets of Foamex or any of its Subsidiaries shall have been sold, transferred or disposed of, or into which Foamex or any of its Subsidiaries shall have been merged, or which has been a party with Foamex or any of its Subsidiaries to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain or loss arising from the acquisition of debt or equity securities of Foamex or any of its Subsidiaries or from cancellation or forgiveness of Debt; and (g) gain or loss arising from extraordinary items, as determined in accordance with GAAP.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Anticipated total county revenue availability means the sum of the:

  • Targeted case management means services that assist a beneficiary to access needed 2 medical, educational, social, prevocational, vocational, rehabilitative, or other community services. The 3 service activities may include, but are not limited to, communication, coordination and referral;