Hypothetical Calculation definition
Hypothetical Calculation means the hypothetical calculation of the amount of Capital Proceeds that would be distributed to each Member upon the sale under ARTICLE 13 hereof of the Projects where
Examples of Hypothetical Calculation in a sentence
After the seventh (7th) anniversary of the Effective Date, if any of the Members, as the Initiating Member under Section 13.2 hereof, elects to cause a Liquidation Event through the sale of all (and not part) of the Projects (or the interests in the Subsidiaries that own the Projects), then the Manager shall cause the RP Value to be determined and, within two (2) Business Days after such determination, calculate the Hypothetical Calculation and deliver to the Members the results in writing.
The Hypothetical Calculation has been prepared for illustrative purposes only and does not purport to be a forecast or otherwise indicative of the actual anticipated Cash Payment.