Minimum ROI definition

Minimum ROI has the meaning given to it in the Articles;
View Source
Minimum ROI means an amount equal to at least $1,000,000,000 paid to Purchaser under the Transaction Documents (and not required, as of the date of determination of whether the Minimum ROI has been met, to be refunded or reimbursed to Licensee or Seller) in respect of payments from the Royalty component under the Purchased Royalty Interest.
View Source

Examples of Minimum ROI in a sentence

  • Six months after the seventh anniversary of Completion, if the Minimum ROI has not been met, upon the written request of [***] shall be permitted (and shall consult in good faith with the Founder Investor Representative) to commence, on behalf of themselves and/or the Company, a process to seek capital sources to finance sale proceeds, distributions and/or a capital return for the purposes of satisfying the Minimum ROI as soon as reasonably practicable (the “Financing Process”).

  • Minimum ROI: 1.40 [***] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.

  • Minimum ROI returned to The Client will be not less than 50% of the initial investment.