Minimum Return definition

Minimum Return means, with respect to the calculation of any Company Redemption Price, Event of Default Acceleration Amount, Fundamental Change Repurchase Price or Minimum Return Maturity Amount, the amount below in the “Minimum Return” column that corresponds to such date in the “Determination Date” column of such (i) Company Redemption Date, with respect to a Company Redemption, (ii) the date of the Event of Default Notice or the date of automatic acceleration pursuant to Section 10(B)(i), with respect to any acceleration pursuant to Section 10(B), (iii) the Fundamental Change Repurchase Date, with respect to any required repurchase of this Note upon a Fundamental Change and (iv) the Maturity Date, with respect to payment of the Note on the Maturity Date pursuant to Section 4(C):

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Minimum Return means the percentage as defined in the Term Sheet;

Minimum Return means the minimum return, expressed as a percentage rate per term, that we set for a Variable Return on the Investment Date for a Deposit, as indicated on its certificate or confirmation notice we provide to you;

Examples of Minimum Return in a sentence

• Each Advance may be prepaid at any time in full or in part without premium or penalty, provided, however, that such prepayment (whether voluntary or involuntarily or following an Event of Default and acceleration or otherwise) shall be accompanied by an additional payment equal to the Minimum Return (if any).

• To the extent Bank elects to use the insurance proceeds to reduce the Obligations for the applicable Advance in full, no Minimum Return shall be required to be paid by Borrower in connection with such application.

• To the extent Bank elects to use any award or compensation to reduce the Obligations for the applicable Advance in full, no Minimum Return shall be required to be paid by Borrower in connection with such application.

• In addition, in the event Borrower receives a principal paydown on the Collateral Asset (whether voluntary, involuntary or otherwise) in full, the Loan shall be repaid in full, together with the Minimum Return (if any).

• Borrower shall, within ten (10) Business Days after written notice from Bank of any breach under this Section, to the extent such breach was not caused by the voluntary action or inaction of the Borrower, repay in full the Release Amount with respect to the applicable Collateral Asset or REO Property, as applicable, in accordance with this Agreement (without payment of any Minimum Return being due, if applicable).

More Definitions of Minimum Return

Minimum Return means the cumulative Total Return of the REIT Shares during the Measurement Period is at least the equivalent of a 36% Total Return or 12% annualized.

Minimum Return has the meaning set forth in Section 3.3(a)(i).

Minimum Return means, with respect to each share of Redeemable Preferred Stock, (i) prior to January 1, 2020, an amount sufficient to cause the MOIC of such share of Redeemable Preferred Stock to be 1.2, (ii) on or after January 1, 2020 but prior to January 1, 2022, an amount sufficient to cause the MOIC of each such share of Redeemable Preferred Stock to be 1.25, (iii) on

Minimum Return means a 22% Total Return (compounded annually) or 11% annualized as of the Class II Out-Performance Valuation Date or, if the Class II Out-Performance Valuation Date is not May 31, 2005, 11% (compounded annually) per annum from June 1, 2003.

Minimum Return means a minimum return to the limited partners holding Property LP Units equal to 8% per annum, cumulative but not compounded, calculated on the limited partners’ Net Equity in the Property LP, which amount represents a cumulative preferential entitlement of the limited partners holding Property LP Units to distributions and allocations of Distributable Cash, Extraordinary Distributions, net income and taxable income of the Property LP in priority to any allocations or distributions of the Incentive Management Interest to the Property GP;

Minimum Return means, in the context of an IPO, an IPO in which the offering price to the public in such IPO is such that the value of the Class A Common Units held by the WME Member, the SL Member and the KKR Member and/or any Transferees of Class A Common Units by any of the foregoing Members (prior to any sales of Equity Securities in such IPO) is at least equal to (a) the product of (i) 2.5 multiplied by (ii) the sum of the aggregate capital contributions by the WME Member, the SL Member and the KKR Member in respect their respective of Class A Common Units, in each case, solely in respect of such capital contributions made as of the Restatement Date, and, following the Restatement Date, to fund the Earn-Out Payments, minus (b) the aggregate amount of all dividends and distributions received by the WME Member, the SL Member and the KKR Member in respect of their respective Class A Common Units (other than any dividends or distributions made to the WME Member, the SL Member and the KKR Member the purpose of which is to fund the Earn-Out Payments).

Minimum Return means in respect of a Unit of a particular class of Units, an amount equal to the sum of (i) the Investors Capital Return Base for a Unit of the subject class of Units and (ii) a return of 8.0% per annum on the Investors Capital Return Base for a Unit of the subject class of Units calculated on a cumulative basis to the date of calculation of the Minimum Return, whether or not attributable directly or indirectly to any particular Unitholder and, for greater certainty, all Units issued pursuant to the Pre-Prospectus Contributions, the Offering and any concurrent private placement shall be deemed to have been issued on the same date for purposes of the calculation of the Minimum Return.