Equity Return definition
Examples of Equity Return in a sentence
At least three Business Days before each Payment Date with respect to each Series of Environmental Control Bonds, the Servicer shall prepare and furnish to the Issuer and the Indenture Trustee a statement setting forth the amounts to be paid to Environmental Control Bondholders of such Series pursuant to Section 8.02(e) of the Indenture, as well as all other amounts to be paid pursuant to Section 8.02(e) of the Indenture, including the Capital Equity Return to be paid to the Seller.
The Calculation Agent shall also be responsible for (a) the determination of the Maturity Payment Amount, (b) whether adjustments to the Equity Return should be made, (c) the Successor Index if publication of the Index is discontinued and (d) whether a Market Disruption Event has occurred.
Return on Equity: Return on Equity is defined as the return on average shareholders’ equity, which shall be computed by dividing the sum of GAAP Net Income as reported in the Annual Reports for each of the three years in the Performance Period by the sum of the Average Shareholders’ Equity for each of the three years.
Equity Return: By December 15 of each year, the NSP Companies shall file a revised Exhibit VII containing a rate of return on common equity equal to the quarterly adjusted generic return on common equity promulgated by FERC for effectiveness on November 1 of that year.
The Return Target Options will have vested and become exercisable if (A) Optionholder is, and has been, continuously employed by the Company or its Subsidiaries from the date of this Agreement through the date of a Termination Event and (B) if upon the consummation of such Termination Event, the Total Equity Return Multiple as of the date of such Termination Event is equal to or greater than three.