Pre-Tax Return on Equity definition
Pre-Tax Return on Equity shall have the meaning given to such term in Schedule 7.1 to the Facility Lease.
Pre-Tax Return on Equity means a percentage equal to the product of (a) an after-tax cost of equity equal to 12.7% and (y) a fixed tax rate gross-up factor 1.67043 (provided, that if there is a statutory change in federal or state income tax rates applicable to Subchapter C corporations after the date hereof, such tax rate gross-up will be adjusted upward or downward to
Pre-Tax Return on Equity means: Company’s Pre-Tax Income as reported on a consolidated basis in Company’s audited financial statements for the applicable fiscal year divided by Company’s average equity as reported on a consolidated basis in Company’s audited financial statements for the applicable fiscal year; and
Examples of Pre-Tax Return on Equity in a sentence
Pre-Tax Return on Equity Return on equity (R▇▇) is the amount of net income attributable to common shareholders expressed as a percentage of average monthly common shareholders’ equity.
More Definitions of Pre-Tax Return on Equity
Pre-Tax Return on Equity means a percentage equal to the product of (a) an after-tax cost of equity equal to 12.1% and (y) a fixed tax rate gross-up factor 1.67043 (provided, that if there is a statutory chance in federal or state income tax rates applicable to Subchapter C corporations after the date hereof, such tax rate gross-up will be adjusted upward or downward to reflect the change in tax rates and such adjustment shall be effective as of the date the change in tax rates becomes effective (even if retroactive).