IRR Threshold definition

IRR Threshold means, with respect to each share of Preferred Stock, (a) until May 10, 2026, an IRR of 22.5% and (b) after May 10, 2026, an IRR of 20.0%.

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IRR Threshold means the receipt by the Class B Members of an aggregate amount of distributions with respect to all of their Class B Capital Contributions (other than Class B Senior Preferred Amounts, the Retained Initial Class B Capital Contribution Amount and Non-Pre-Approved Class B Additional Capital Contributions) that are required to provide each Class B Member an eight percent (8%) IRR.

IRR Threshold. As defined in Section 10.3(c). 2020

Examples of IRR Threshold in a sentence

• Each time the Investment Performance Repurchase Right is available to the Optionee, all of the Green III Equity (Common Stock and Junior Preferred Stock) will be valued for purposes of determining whether the IRR Threshold has been achieved.

• If and to the extent the IRR Threshold is achieved in the disposition, the Investment Performance Repurchase Right shall terminate as to the percentage of the Additional Equity equal to the percentage of the Common Stock included in the Green III Equity sold in the disposition event, and if such IRR Threshold is not achieved, such percentage of the Additional Equity will be subject to repurchase.

• With respect to any GCI expenditures that Tenant reasonably projects will have an IRR less than 9% (“IRR Threshold”), such expenditures shall be approved in Landlord’s reasonable discretion; provided, that in each calendar year through and including 2029, Tenant and ILEC Tenant on a combined basis may make up to $60,000,000 of GCI expenditures below the IRR Threshold without Landlord’s or ILEC Landlord’s approval (“Sub-IRR Capped Expenditures”), as applicable.

• With respect to any GCI expenditures that Tenant reasonably projects will have an IRR less than 9% (“IRR Threshold”), such expenditures shall be approved in Landlord’s reasonable discretion; provided, that in each calendar year through and including 2029, Tenant and CLEC Tenant on a combined basis may make up to $60,000,000 of GCI expenditures below the IRR Threshold without Landlord’s or CLEC Landlord’s approval (“Sub-IRR Capped Expenditures”), as applicable.

More Definitions of IRR Threshold

IRR Threshold means the amount required (as described in the definition of Internal Rate of Return), at any point in time, to give the Investor an IRR greater than or equal to 25% with respect to the Investment Amount.”

IRR Threshold means, in respect of any Payment Date, the threshold which is attained when all distributions on the Subordinated Notes yield an Internal Rate of Return of at least 12 per cent. per annum calculated on an annualised basis and on the basis of the actual number of days divided by 365 on the initial principal amount of the Subordinated Notes from the Closing Date to the relevant Payment Date.

IRR Threshold means, for purposes of a BCSS to Warner Sale contemplated by Section 8.04, the point in time at which the Class A-1 Members have actually received (and/or are deemed to have received based on the hypothetical distribution waterfall in respect of the BCSS Sale Interests in accordance with Section 8.04 (based on the payment of the closing sale proceeds of such BCSS to Warner Sale) and as contemplated by the definition of “Fair Market Value”) aggregate distributions of any nature ([***]) from the Beethoven Topcos and their respective Subsidiaries representing an IRR equal to [***] on all Capital Contributions made by the Class A-1 Members.

IRR Threshold means an IRR of 12.5%.

IRR Threshold means, in respect of any Payment Date, the threshold which is attained when all distributions on the Subordinated Notes yield an Internal Rate of Return of at least 10 per cent. per annum on the initial principal amount of the Subordinated Notes from the Closing Date to the relevant Payment Date.