Gross MOIC definition
Gross MOIC means gross multiple of invested capital;
Gross MOIC means, with respect to a given portfolio company, the ratio of Total Value to Total Invested Capital. “Realized Value” refers to all cash investment proceeds received by the relevant Apollo Fund, including interest and dividends, but does not give effect to management fees, expenses, incentive compensation or performance fees to be paid by such Apollo Fund. “Total Invested Capital” refers to the aggregate cash invested by the relevant Apollo Fund and includes capitalized costs relating to investment activities, if any, but does not give effect to cash pending investment or available for reserves and excludes amounts, if any, invested on a financed basis with leverage facilities. “Total Value” represents the sum of the total Realized Value and Unrealized Value of investments. “Unrealized Value” refers to the fair value consistent with valuations determined in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”), for investments not yet realized and may include payments in kind, accrued interest and dividends receivable, if any, and before the effect of certain taxes. In addition, amounts include committed and funded amounts for certain investments
Gross MOIC means an amount equal to the amount of distributions divided by the aggregate Capital Contributions of the Series A-1 Members.
More Definitions of Gross MOIC
Gross MOIC means gross multiple of invested capital; “Hammerhead” means Hammerhead Resources Inc.;
Gross MOIC means a multiple of invested proceeds received plus current fair value of the unrealised portfolio over the invested capital based on actual invested amounts, in each case calculated before deducting: (i) priority profit share; (ii) “carried interest”; (iii) taxes; and (iv) other expenses that are borne by investors in the relevant Triton Fund or by such Triton Fund itself, all of which will reduce returns and, in aggregate, will be substantial. Unless otherwise indicated, Gross MOIC figures exclude capital re-cycled in accordance with the terms of the relevant fund.