Incremental Return definition

Incremental Return means return on Group 1's investment in the operations of the Carrxxx Xxxup that were not a part of the Companies on the date of this Agreement (total income after income taxes divided by total investment). " Income" and "investment" used for these purposes will be before any Group 1 management fees, allocations of indirect costs, cost of capital (including interest, loan origination fees, points and any other expenses incurred in obtaining or maintaining a loan) or amortization of goodwill. "Total investment" in these operations will include any loan proceeds, cash or stock invested by Group 1 to acquire the operations added to the Carrxxx Xxxup after the date of this Agreement (including all investments made by Group 1 as a condition to manufacturer approval of such acquisitions).
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Incremental Return means for any period the quotient of (a) the Incremental Target Amount for such Measurement Period, divided by (b) $1,000,000; provided, that such amount shall be rounded down to the nearest whole number.
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Incremental Return means, in respect of any coal year during the Period, the positive amount by which the aggregate of (a) Elkview Distributable Cash for such year and (b) the Synergies achieved during such year, exceeds the aggregate of (x) Elkview Distributable Cash for the year ended December 31, 2002, (y) the sum of $25 million and (z) the cumulative amount of the Incremental Return for each of the preceding coal years during the Period. o At the end of each coal year during the Period, Teck's Distribution Entitlement (as defined below) will be permanently increased by 0.1% in respect of each $1 million of Incremental Return in such coal year. Any such increase will be made, effective as at the end of such coal year, by an increase in Teck's Distribution Entitlement and in corresponding decrease in the Distribution Entitlement of Fording Holdco. o Any dispute with respect to the determination of Incremental Returns will be resolved through a dispute resolution mechanism to be established in the definitive agreement. DISTRIBUTION POLICY: o The Partnership will distribute to its Partners in proportion to their respective Distribution Entitlements distributable cash on a monthly basis. Distributable cash will be defined as all the Partnership's available cash after reservation for:
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Examples of Incremental Return in a sentence

  • The Incremental Return and Associated Income Taxes for Post-2003 PTF Investment shall incorporate an incentive ROE adder of 100 basis points for plant investment placed in service by December 31, 2008 or as otherwise permitted in Docket Nos.

  • The Post-96 Transmission Revenue Requirement for each PTO that is based on data for calendar year 2004 or later shall include an Incremental Return and Associated Income Taxes on the PTO's PTF transmission plant investments included in the Regional System Plan and placed in-service on or after January 1,2004 (such investments referred to herein as "Post-2003 PTF Investment").

  • W.O.G. fusion-bonded epoxy coated iron body inside and out to AWWA C550 and ASTM A126 Class B, with flanged joints, non-rising stem, fully encapsulated rubber wedge per ASTM D249, bolted bonnet with 304 stainless steel hardware, and 2 in.

  • The Incremental Return and Associated Income Taxes for Post-2003 PTF Investment for each PTO shall be calculated using the investment base components specifically identified in Section A.

  • In order to calculate the Incremental Return and Associated Income Taxes for MPRP CWIP, MPRP CWIP shall be separately identified.

  • In order to calculate the Incremental Return and Associated Income Taxes for Post-2003 PTF Investment, Transmission Depreciation Reserve associated with Post-2003 PTF Investment shall equal the PTO’s balance of Total Transmission Depreciation Reserve multiplied by the ratio of Post-2003 PTF Transmission Plant to Total Investment in Transmission Plant, excluding capital leases in the Phase I/II HVDC-TF Leases.

  • X000 Xxx Xxxxxx, Xx 00000 To Purchaser: Warner Technology and Investments Corp.

  • In order to calculate the Incremental Return and Associated Income Taxes for NEEWS CWIP, NEEWS CWIP shall be separately identified.

  • The Incremental Return on Equity Factor is the incremental Prior Year TRR expressed per 100 basis points of ROE incentive, for each million dollars of Incentive Net Plant.

  • In order to calculate the Incremental Return and Associated Income Taxes for Post-2003 PTF Investment and for MPRP CWIP and NEEWS CWIP, the incremental State Income Tax shall equal (A’ + Federal Income Tax)(ST) (1 – ST) where ST is the State Income Tax Rate, A’ is the incremental return on equity component determined in Section II.A.2.(a)(iii) above, and Federal Income Tax is the rate determined in Section II.A.2.(b) above.


More Definitions of Incremental Return

Incremental Return means, in respect of any Coal Year during the period from April 1, 2003 to March 31, 2007, the positive amount by which the aggregate of (a) Elkview Distributable Cash for such year, and (b) the Partnership Synergies achieved in such year, exceeds the aggregate of (i) Elkview Distributable Cash for the year ended December 31, 2002, (ii) the sum of $25 million, and (iii) the cumulative amount of the Incremental Return for each of the preceding Coal Years;
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Incremental Return means, in respect of any coal year during the Period, the positive amount by which the aggregate of (a) Elkview Distributable Cash for such year and (b) the Synergies achieved during such year, exceeds the aggregate of (x) Elkview Distributable Cash for the year ended December 31, 2002, (y) the sum of $25 million and (z) the cumulative amount of the Incremental Return for each of the preceding coal years during the Period. o At the end of each coal year during the Period, Teck's Distribution Entitlement (as defined below) will be permanently increased by 0.1% in respect of each $1 million of Incremental Return in such coal year. Any such increase will be made, effective as at the end of such coal year, by an increase in Teck's Distribution Entitlement and in corresponding decrease in the Distribution Entitlement of Fording Holdco. o Any dispute with respect to the determination of Incremental Returns will be resolved through a dispute resolution mechanism to be established in the definitive agreement.
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Related to Incremental Return

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Incremental Costs means all reasonable additional costs properly and reasonably incurred by Network Rail in respect of any modification referred to in paragraph 2.8, being the additional reasonable costs (if any) to Network Rail in respect of its obligation to maintain and operate the Network, but excluding:

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental cost means all costs that could be avoided in the medium term if a Segment was removed from the Network;

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Repayment Dates means the dates scheduled for the repayment of principal of any Incremental Term Loan, as set forth in the applicable Incremental Term Loan Assumption Agreement.

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Incremental Commitment means an Incremental Term Loan Commitment or an Incremental Revolving Facility Commitment.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Maximum Incremental Facilities Amount means, at any date of determination, (a) the sum of (i) $500,000,000, plus (ii) an amount such that the Borrower is in Pro Forma Compliance with the Senior Secured Leverage Test (for the avoidance of doubt without netting any cash from the proceeds of any Indebtedness being incurred in reliance on such test and, if applicable, assuming the full amount of any New Revolving Credit Commitments are drawn), plus (iii) amounts used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to refinance or replace Revolving Credit Commitments and/or Term Loans (including any fees, accrued interest or other amounts owing in respect thereof), plus (iv) from and after the 2012 Extension Effective Date, the aggregate principal amount of 2014 Term Loans outstanding as of such date of determination, provided that such additional amounts pursuant to this clause (iv) are only available to the extent such amounts are used to incur Indebtedness the Net Cash Proceeds of which are substantially concurrently used to prepay 2014 Term Loans in accordance with Section 5.1 of this Agreement (such prepaid 2014 Term Loans, “Incremental Facility Prepaid 2014 Term Loans”) plus (v) the Dollar Equivalent principal amount of Term Loans (other than New Term Loans, Incremental Facility Prepaid 2014 Term Loans or Term Loans refinanced or replaced pursuant to clause (iii) above) voluntarily prepaid pursuant to Section 5.1 prior to such date, plus (vi) the amount of all Revolving Credit Commitments that have either been permanently reduced pursuant to Section 4.2 or have otherwise terminated in accordance with the terms of this Agreement after the 2012 Extension Effective Date (without duplication of the amounts incurred pursuant to clause (iii) above) minus (b) the sum of (i) the aggregate principal amount of New Loan Commitments incurred pursuant to Section 2.14(a) prior to such date and (ii) the aggregate principal amount of Permitted Other Indebtedness issued or incurred pursuant to Section 10.1(bb)(i)(a) prior to such date.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Term Loan Facility has the meaning set forth in Section 2.16(a).

  • Incremental Amount means, at any time, the excess, if any, of (a) $200.0 million over (b) the aggregate amount of all Incremental Term Loan Commitments and Incremental Revolving Facility Commitments established prior to such time pursuant to Section 2.21.

  • Incremental Cap has the meaning assigned to such term in Section 2.21(a).

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Tax Increment means the difference between:

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Incremental Term Loan Amendment has the meaning assigned to such term in Section 2.20.

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.