Return Requirement definition

Return Requirement means the Stockholders receipt of a return of 100.0% of Initial Investor Capital (through liquidity or distributions) plus an annual Cumulative Return of 6.0% from the date Shares were purchased from the Company through the date payment is made. The Return Requirement will be deemed satisfied if the total distributions paid by the Company satisfy the 6.0% annual Cumulative Return requirement and the market value of the Company equals or exceeds 100.0% of the capital raised by the Company (less any amounts distributed from the sale or refinancing of any Acquired Property).
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Examples of Return Requirement in a sentence

  • To the extent that the Subordinated Performance Fee is not paid by the Company on a current basis because the Return Requirement was not satisfied, the unpaid fees will be accrued and paid at such time as the Return Requirement has been satisfied.

  • For example, in the event that Total Shareholder Return at the Second Determination Date exceeds the Total Shareholder Return Requirement for such Determination Date, but at the Third Determination Date the Total Shareholder Return is less than the Total Shareholder Return Requirement for the Second Determination Date, 50% of the Award shall remain Earned.

  • If the sale of vested shares of Restricted Stock granted pursuant to this Agreement is to a party other than the Company, the Participant hereby agrees to provide written advance notice to the Committee, and the Committee shall have the sole and final authority to determine whether the Return Requirement has been satisfied before any such sale is permitted.

  • If Employee is terminated after March 31, the forgiveness of principal amount pursuant to subparagraph 3(b) shall be prorated with the Total Shareholder Return Requirement measured on an annualized basis.

  • Example 1: Income Portion of Incentive Fee before Total Return Requirement Calculation: • Hurdle rate1 = 2.0% • Base management fee2 = 0.4375% • Other expenses (legal, accounting, custodian, transfer agent, etc.)3 = 0.2% • Investment income (including interest, dividends, fees, etc.) = 1.25% • Pre-incentive fee net investment income (investment income – (base management fee + other expenses)) = 0.6125% 1 Represents 8.0% annualized Hurdle Rate 2 Represents 1.75% annualized base management fee.

Related to Return Requirement

  • Bid Submission Requirement means a task a Prospective Contractor must complete when submitting a bid response. These requirements will be distinguished by using the term “shall” or “must” in the requirement.

  • Certification Requirements means those requirements specified or referenced in this Agreement that you must meet in order to use and maintain the Certification Designation and use the Logo in accordance with the terms of this Agreement.

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Return envelope means the envelope, described in Subsection 20A-3a-202(4), provided to a voter with a manual ballot:

  • Margin Requirement means the amount of money and/ or assets that the Client is required to deposit and/ or hold with the Firm as consideration for entering into a Transaction and/ or maintaining an Open Position on its Account;