Minimum Return (Hotels) definition
Minimum Return (Hotels) means a minimum return to the limited partners holding Hotels Holding LP Units equal to 8% per annum, cumulative but not compounded, calculated on the limited partners’ Net Equity in the Hotels Holding LP, which amount represents a cumulative preferential entitlement of the limited partners holding
Minimum Return (Hotels) means a minimum return to the limited partners holding Hotels Holding LP Units equal to 8% per annum, cumulative but not compounded, calculated on the limited partners’ Net Equity in the Hotels Holding LP, which amount represents a cumulative preferential entitlement of the limited partners holding Hotels Holding LP Units to distributions of Distributable Cash (Hotels) and Extraordinary Distributions (Hotels) of the Hotels Holding LP;