Multiple on Invested Capital definition

Multiple on Invested Capital means the total multiple (taking into account all allocations of profits and gains, net of all allocations of losses, deductions and nondeductible expenses) which is earned on the aggregate amount invested by the Sponsor for its Class A Units.
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Multiple on Invested Capital. [Redacted].
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Multiple on Invested Capital means, as of any date of determination a positive amount equal to [(TAP × .4) – (TR)] × (TLR ÷ TAP), where: TAP = the total aggregate principal amount of the Term Loans borrowed as of such date of determination. TR = the “Total Return”, which is the aggregate amount of interest payments (excluding any interest payments payable at the Default Rate pursuant to Section 3.02(c)) and fees received by the Lenders on or before such date of determination (including the Closing Fee and any Prepayment Fees, but excluding any return on or in respect of the Warrants). TLR = the total aggregate principal amount of the Term Loans repaid as of such date of determination.
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Examples of Multiple on Invested Capital in a sentence

  • Upon receipt of such notice, the Borrower will, upon demand from the Lender, prepay the Outstanding Amount in full (together with the Multiple on Invested Capital and all other Obligations outstanding under the Loan Documents) or take any necessary steps in order to avoid the activity that is unlawful.

  • We have returned €1.3 billion to investors in our funds which equates to an average Multiple on Invested Capital of 2.4x and 27% gross IRR on realized investments.

  • Vintage Wine Estates is one of the fastest growing US wine producers with an industry-leading direct-to-customer platform.MMJ’s investments generated a Multiple on Invested Capital (“MOIC”) of 1.1 times1 capital invested.

  • MOIC Multiple on Invested Capital – a ratio intended to represent how much value an investment has returned – is calculated as realized value plus unrealized value, divided by the total amount invested.

  • The list should identify the follow-on investor, operating location, and indicate the date and amount of the follow-on investment.− The Internal Rate of Return on the total investment for each prior Fund.− The Multiple on Invested Capital (MOIC) for each prior Fund.

  • This may in part explain how Ríos Montt’s dictatorship claimed to help the people without actually changing any of the government’s military policies, which repressed the poor people of the Guatemalan highlands.Pentecostalism’s promise of economic salvation was fulfilled only through theological salvation.


More Definitions of Multiple on Invested Capital

Multiple on Invested Capital means, the quotient of (i) the sum of (A) the aggregate cash received by GA as proceeds on account of the Initial Shares in any of the Company or any “subsidiary corporation” within the meaning of Section 424(f) of the Code (collectively, the “Company Entities”) including without limitation cash received in the form of dividends, distributions or redemption payments from any of the Company Entities, (B) in connection with a Change of Control, the aggregate value of the equity of any Company Entities retained by GA and any securities or equity received by GA with respect to the Initial Shares, determined based on the same price per share received by GA in such transaction for the equity converted into cash in the transaction, or, if no cash was received in such transaction, the fair market value as determined in good faith by the Committee, and (C) in connection with a merger, sale or similar transaction with an entity other than any of the Company Entities, the aggregate value of any proceeds received by GA in respect of the Initial Shares in the form of a contingent right to receive cash and/or equity on or at a future date or time (such date of determination in this clause (C), the “Contingent Right Payment Date”); provided, however, any contingent rights, whether pursuant to an earnout, escrow or otherwise, shall be taken into account when, as and only if such rights are actually converted into cash and received by GA on the Contingent Right Payment Date; divided by (ii) the sum of (A) the Initial Investment and (B) all fees and expenses incurred by GA in connection with the transaction contemplated in the Agreement and Plan of Merger, dated as of December 11, 2018, by and among the Company, Xxxxxxx Merger Sub, Inc., Xxxxxxx Midco, LLC, Invoice Cloud, Inc. and Summit Representative, LLC, regardless of whether such fees and expenses are capitalized. For the avoidance of doubt, (1) securities or equity received by GA resulting from proceeds from the issuance of any debt security issued, or execution of any credit facility by the Company Entities, in each case, shall not for this purpose be considered for the purposes of determining the amount of the Initial Investment and (2) any loans made by GA to any of the Company Entities, and the repayment of any such loans, shall not be considered for any purposes of this Section 3(c). Notwithstanding the foregoing, if the vesting of any Option, taken together with the vesting of all other outstanding options to pu...
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Related to Multiple on Invested Capital

  • Return on Invested Capital for a period shall mean earnings before interest, taxes, depreciation and amortization divided by the difference of total assets less non-interest bearing current liabilities.

  • Invested Capital means the amount calculated by multiplying the total number of Shares purchased by Stockholders by the issue price at the time of such purchase, reduced by the portion of any Distribution that is attributable to Net Sales Proceeds and by any amounts paid by the Company to repurchase Shares pursuant to the Company’s plan for the repurchase of Shares.

  • Average Invested Capital means the average of invested capital as of December 31, 2023 and the invested capital as of December 31, 2024 where the invested capital is defined as the sum of the Company’s long-term debt plus the current portion of long-term debt, less cash, cash equivalents and investments, plus stockholder equity.

  • Adjusted Capital means cumulative gross proceeds generated by the Corporation from sales of shares of Common Stock (including proceeds from the Corporation’s distribution reinvestment plan) reduced for amounts paid for share repurchases pursuant to the Corporation’s share repurchase program. The calculation of the Subordinated Incentive Fee on Income for each quarter is as follows:

  • Total adjusted capital means the sum of:

  • Return on Equity means the percentage equal to the Company’s Net Income divided by average stockholder’s equity, determined in accordance with generally accepted accounting principles.

  • Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Invested Amount less the Principal Funding Account Balance on such date of determination.

  • Follow-On Investment means an additional investment in the same issuer, including, but not limited to, through the exercise of warrants, conversion privileges or other rights to purchase securities of the issuer.

  • Net Asset Value per Share means the Net Asset Value of a Fund divided by the

  • Total risk-based capital ratio means the ratio of qualifying total capital to weighted risk assets, as calculated in accordance with the Board’s Capital Adequacy Guidelines for State Member Banks: Risk-Based Measure (Appendix A to this part).[63 FR 37652, July 13, 1998, as amended at 63FR 42674, Aug. 10, 1998] § 208.42 Notice of capital category.(a) Effective date of determination of capital category. A member bank shall be deemed to be within a given capital category for purposes of section 38 of the FDI Act and this subpart as of the date the bank is notified of, or is deemed to have notice of, its capital category, pursuant to paragraph (b) of this section.(b) Notice of capital category. A mem- ber bank shall be deemed to have been notified of its capital levels and its capital category as of the most recent date:

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.

  • Adjusted Capital and Reserves means the aggregate of:

  • Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

  • Net Asset Value or "NAV” means per Unit value of the Trust arrived at by dividing the Net Assets by the number of Units outstanding.

  • Adjusted Capital Account means the Capital Account maintained for each Partner as of the end of each Fiscal Year (i) increased by any amounts which such Partner is obligated to restore pursuant to any provision of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5) and (ii) decreased by the items described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Partially Adjusted Capital Account means, with respect to any Member for any taxable year or other period of the Company, the Capital Account balance of such Member at the beginning of such year or period, adjusted for all contributions and distributions made or deemed made to or by such Member during such year or period and all special allocations to such Member pursuant to Section 6.2 with respect to such year or period, but before giving effect to any allocations of Net Profit or Net Loss to such Member pursuant to Section 6.1 with respect to such year or period.

  • Class Invested Amount means, with respect to any Class for any Distribution Date, an amount equal to the Class Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to such Class of Investor Certificateholders, in each case prior to such Distribution Date, (b) the aggregate amount of Investor Losses of such Class not reimbursed prior to such Distribution Date and (c) the aggregate amount of losses of principal on investments of funds on deposit for the benefit of such Class in the Series Principal Funding Account, if applicable.

  • Contributed Capital at any time, the aggregate amount which shall theretofore have been received by the Borrower as a contribution to its capital or as consideration for the issuance of partnership interests in the Borrower; Contributed Capital shall in any event exclude the proceeds of any Specified Affiliate Debt and any Restricted Equity.

  • Return on Assets means the percentage equal to the Company’s or a business unit’s Operating Income before incentive compensation, divided by average net Company or business unit, as applicable, assets, determined in accordance with generally accepted accounting principles.

  • Return on Sales means the percentage equal to the Company’s or a business unit’s Operating Income before incentive compensation, divided by the Company’s or the business unit’s, as applicable, revenue, determined in accordance with generally accepted accounting principles.

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Adjusted Capital Account Balance means, with respect to each Partner, the balance in such Partner’s Capital Account adjusted (i) by taking into account the adjustments, allocations and distributions described in Treasury Regulations Sections 1.704-1(b)(2)(ii)(d)(4), (5) and (6); and (ii) by adding to such balance such Partner’s share of Partnership Minimum Gain and Partner Nonrecourse Debt Minimum Gain, determined pursuant to Treasury Regulations Sections 1.704-2(g) and 1.704-2(i)(5), any amounts such Partner is obligated to restore pursuant to any provision of this Agreement or by applicable Law. The foregoing definition of Adjusted Capital Account Balance is intended to comply with the provisions of Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Minimum Investment means an investment in the project of at least two and one‑half million dollars within the investment period. If a county has an average annual unemployment rate of at least twice the state average during the last twenty‑four month period based on data available on the most recent November first, the minimum investment is one million dollars. The department shall designate these reduced investment counties by December thirty‑first of each year using data from the South Carolina Department of Employment and Workforce and the United States Department of Commerce. The designations are effective for a sponsor whose fee agreement is signed in the calendar year following the county designation. For all purposes of this chapter, the minimum investment may include amounts expended by a sponsor or sponsor affiliate as a nonresponsible party in a voluntary cleanup contract on the property pursuant to Article 7, Chapter 56, Title 44, the Brownfields Voluntary Cleanup Program, if the Department of Health and Environmental Control certifies completion of the cleanup. If the amounts under the Brownfields Voluntary Cleanup Program equal at least one million dollars, the investment threshold requirement of this chapter is deemed to have been met.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Adjusted Pool Amount With respect to any Distribution Date and Loan Group, the Cut-off Date Pool Principal Balance of the Mortgage Loans in such Loan Group minus the sum of (i) all amounts in respect of principal received in respect of the Mortgage Loans in such Loan Group (including, without limitation, amounts received as Monthly Payments, Periodic Advances, Principal Prepayments, Liquidation Proceeds and Substitution Adjustment Amounts) and distributed to Holders of the Certificates on such Distribution Date and all prior Distribution Dates and (ii) the principal portion of all Realized Losses (other than Debt Service Reductions) incurred on the Mortgage Loans in such Loan Group from the Cut-off Date through the end of the month preceding such Distribution Date.

  • Fixed capital cost means the capital needed to provide all the depreciable components.