Required Return means that amount which is required to deliver to the Developer an IRR of not less than twenty per cent. on the equity cashflow for the Development (including all equity injections, equity returns, profits to equity providers and risk premia) an example calculation of which is contained in the appraisal annexed at [Annexure [⚫]]
Required Return means the product of the "Required Rate of Return" times the "Purchase Price". In no case shall the "Required Return" exceed "PNW Acquisition Revenue".
Required Return means (x) with respect to all Loans (other than the First Amendment Loan (as defined in the First Amendment)), 1.20:1.00 and (y) with respect to the First Amendment Loan, 1.30:1.00.
Examples of Required Return in a sentence
Required Return Documentation Prior to returning any product to Cardinal Health, customer must execute and deliver to Cardinal Health a Cardinal Health Returned Goods Authorization Ongoing Assurance verifying that all returned products have been kept under proper conditions for storage, handling, and shipping.
Required Return will be adjusted quarterly on a time-weighted basis, except that interest rates will be averaged.
Amounts in excess of the Required Return equal MVP for bonus purposes.
The capital charge is defined as Gross Operating Assets times the Required Return.
In the special case where dividends are assumed to grow at a constant rate forever, we get the classic stable growth (Gordon) model:Value of equity = Expected Dividends Next Period (Required Return on Equity - Expected Growth Rate) This is essentially the present value of dividends growing at a constant rate.
More Definitions of Required Return
Required Return means (i) if such calculation date is on or prior to the first anniversary of the date hereof, an amount in cash per Class A Convertible Preferred Unit equal to (A) 110% of the Class A Convertible Preferred Unit Original Issue Price minus (B) the aggregate amount of distributions paid in cash with respect to such Class A Convertible Preferred Unit, if any, up to and including such calculation date, (ii) if such calculation date is following the first anniversary of the date hereof but on or prior to the second anniversary of the date hereof, an amount in cash per Class A Convertible Preferred Unit equal to (A) 125% of the Class A Convertible Preferred Unit Original Issue Price minus (B) the aggregate amount of distributions paid in cash with respect to such Class A Convertible Preferred Unit, if any, up to and including such calculation date, and (iii) if the calculation date is following the second anniversary of the date hereof but on or prior to the Maturity Date, an amount in cash per Class A Convertible Preferred Unit equal to (A) 150% of the Class A Convertible Preferred Unit Original Issue Price minus (B) the aggregate amount of distributions paid in cash with respect to such Class A Convertible Preferred Unit, if any, up to and including such calculation date.
Required Return means Cost of Capital or C*.
Required Return with respect to any Stockholder means an amount equal to (i) such Stockholder’s Cost, plus (ii) a return on such Stockholder’s Cost at a rate of 15% (on a pre-tax basis) compounded annually from (a) the date on which the Subscription Agreement was executed (in the case of Company Equity Securities owned by such Stockholder as of the Initial Closing), or (b) the date that such Stockholder purchased the Company Equity Securities with respect to which such Required Return is being calculated (in the case of Company Equity Securities acquired after the Initial Closing). Required Return shall be calculated taking into account all distributions (on a pre-tax basis) of cash, stock or other property (valued at fair market value) paid to the Stockholder, subsequent to the date on which the Subscription Agreement was executed and on or before the date of determination of the Required Return for all Company Equity Securities for which such return is being calculated, and any amounts paid by a purchaser into an escrow account in connection with a Drag-Along Sale shall be deemed a distribution paid to the Stockholder for purposes of the foregoing calculation.
Required Return means cash in an amount sufficient to provide Investor with a pre-tax rate of return on the Purchase Price, taking into account all cash received by Investor, of (a) 12% per annum for the period which is prior to the Return Change Date and
Required Return means the IFC Required Return, IFC II Required Return, IFC III Required Return, DEG Required Return, Proparco Required Return-1 or Proparco Required Return-2, as the context may require.
Required Return shall have the meaning assigned to such term in Section 8.4 hereof.
Required Return means the indicative breakdown of the number and tenure and the maximum floor area of Replacement Homes to be re-provided in each Phase as set out in the Replacement Homes Specification means the two example layout plans, drawings and the specification for the Replacement Homes attached at Appendix 6 as amended and updated from time to time means those 46 homes forming part of the Replacement Homes which are to be provided as high quality shared equity homes as part of the Development means one hundred and ninety thousand pounds (£190,000) means those 145 homes forming part of the Replacement Homes which are to be provided as high quality social rent homes as part of the Development means sixty four thousand pounds (£64,000) | | | means:- (a) |