Preferred Return Rate definition

Preferred Return Rate means preferred return rate of each Series as specified in each Series Designation.

Preferred Return Rate means a rate equal to TRG’s blended cost of debt from time to time, compounded quarterly, but in no event less than 6% nor greater than 10% per annum.

Preferred Return Rate means (i) prior to the Mandatory Redemption Date, a per annum rate, calculated on the basis of a 360-day year and the actual number of days elapsed, equal to six percent (6%), and (ii) if the Preferred Investment Total Return Amount is not paid on or prior to the Mandatory Redemption Date, from and after the Mandatory Redemption Date until paid, a per annum rate, calculated on the basis of a 360-day year and the actual number of days elapsed, equal to eight percent (8%), compounding quarterly (the “Default Rate”).

Examples of Preferred Return Rate in a sentence

• Series of Preferred: Newly created Series C Preferred Units Issuance Price: $100 per unit Preferred Return Rate: 4% per annum through the second anniversary of the closing; 4.5% per annum for the following three years; and 5% per annum after the fifth anniversary of the closing.

• The Class A Preferred Return Rate is subject to reset as provided herein on each Class A Reset Date.

• During the period commencing ninety (90) days and ending forty-five (45) days prior to a Class A Reset Date (the “Consultation Period”), the Company and the Class A Limited Members shall consult with one another (and the Administrative Agent (if any) shall coordinate such consultation) to determine whether the Company and the Class A Limited Members are able to agree upon a Class A Preferred Return Rate for the Class A Reset Period commencing on such Class A Reset Date.

• In the event the Company and all of such holders of Class A Limited Membership Interests reach agreement at least forty-five (45) days before such Class A Reset Date, the Class A Preferred Return Rate will be reset on the Class A Reset Date to the amount so agreed and will remain in effect until the next Class A Reset Date.

• For example, the central reservation office of a large hotel chain contracts for a large-scale, monthly mystery caller survey that assesses the skills of individual associates during the phone sales process (Lovelock & Wirtz, 2007).

More Definitions of Preferred Return Rate

Preferred Return Rate shall have the meaning given to such term in the Operating Agreement.

Preferred Return Rate means Fifteen Percent (15%) per annum. Notwithstanding the foregoing, following a Change of Control Event the Preferred Return Rate shall be increased to 24% for so long as such Change of Control Event shall exist. In no event shall the Preferred Return Rate be greater than the maximum amount allowed by law.

Preferred Return Rate means ten percent (10%) per annum.

Preferred Return Rate means an annual rate or rates announced by the Wall Street Journal as the prime rate plus two percent (2%).

Preferred Return Rate means a per annum rate, compounded quarterly, equal to five percent (5%).

Preferred Return Rate means an annual rate of eleven and one-half percent (11.50%).

Preferred Return Rate means 16 per cent.