Total Invested Capital means, at any time of determination, the sum of, without duplication, (i) the total amount of equity contributed to the Company as set forth on the March 31, 1996 consolidated balance sheet of the Company, plus (ii) the aggregate net cash proceeds received by the Company from capital contributions or the issuance or sale of Equity Interests (other than Disqualified Equity Interests but including Equity Interests issued upon the conversion of convertible Indebtedness or from the exercise of options, warrants or rights to purchase Equity Interests (other than Disqualified Equity Interests)) subsequent to the Issue Date, other than to a Restricted Subsidiary, plus (iii) the aggregate net cash proceeds received by the Company or any Restricted Subsidiary from the sale, disposition or repayment of any Investment made after the Issue Date and constituting a Restricted Payment in an amount equal to the lesser of (a) the return of capital with respect to such Investment and (b) the initial amount of such Investment, in either case, less the cost of the disposition of such Investment, plus (iv) an amount equal to the consolidated net Investment on the date of Revocation made by the Company and/or any of the Restricted Subsidiaries in any Subsidiary that has been designated as an Unrestricted Subsidiary after the Issue Date upon its redesignation as a Restricted Subsidiary in accordance with Section 4.16, plus (v) Total Consolidated Indebtedness, minus (vi) the aggregate amount of all Restricted Payments (including any Designation Amount, but other than a Restricted Payment of the type referred to in clause (iii)(b) of the third paragraph of Section 4.9) declared or made from and after the Issue Date.
Total Invested Capital means at any time of determination, the sum of, without duplication, (i) the total amount of equity contributed to the Company as of January 29, 1999 (being $183.2 million), plus (ii) the aggregate net cash proceeds received by the Company from capital contributions or the issuance or sale of Capital Stock (other than Redeemable Stock but including Capital Stock issued upon the conversion of convertible Debt or from the exercise of options, warrants or rights to purchase Capital Stock (other than Redeemable Stock)), including cash payments under the Committed Capital Contribution, subsequent to January 29, 1999, other than to a Restricted Subsidiary, plus (iii) the aggregate net cash proceeds received by the Company or any Restricted Subsidiary from the sale, disposition or repayment of any Investment made after January 29, 1999 and constituting a Restricted Payment in an amount equal to the lesser of (a) the return of capital with respect to such Investment and (b) the initial amount of such Investment, in either case, less the cost of the disposition of such Investment, plus (iv) an amount equal to the Consolidated net Investment (as of the date of determination) the Company and/or any of the Restricted Subsidiaries has made in any Subsidiary that has been designated as an Unrestricted Subsidiary after January 29, 1999 upon its redesignation as a Restricted Subsidiary in accordance with Section 10.10, plus (v) Consolidated Debt minus (vi) the aggregate amount of all Restricted Payments declared or made on or after January 29, 1999.
Examples of Total Invested Capital in a sentence
Long-term debt as a percent of invested capital is calculated as the sum of Current portion of long-term debt and Long-term debt divided by Total Invested Capital.
These also include the associated taxation on adjusting items where after-tax measures.2 Includes goodwill amortised prior to 3 April 2004 and goodwill taken to reserves.3 The ROTIC and ROCE measures are expressed as a percentage of the average of the current period’s and prior year’s Total Invested Capital and Capital Employed respectively.
The March 2018 Total Invested Capital and Capital Employed balances were £1,125.1m and £312.1m respectively.4 The ROTIC and ROCE measures are calculated as annualised Adjusted profit after tax divided by Average Total Invested Capital and annualised Adjusted operating profit after share of results of associates divided by Average Capital Employed respectively.
The general formula for calculating the WACC is: WACC = Kd * (d percent) + Ke * (e percent) Where: WACC = Weighted average rate of return on invested capital; Kd = After-tax rate of return on debt capital; d percent = Market Value of debt capital as a (target) percentage of the sum of the debt and common equity capital (“Total Invested Capital”); Ke = Rate of return on common equity capital; and e percent = Market Value of Common equity capital as a (target) percentage of the Total Invested Capital.
No broker, finder or investment banker is entitled to any broker's, finder's, financial advisor's or other similar fee or commission from Buyer or any of its Affiliates in connection with the transactions contemplated by any of the Transaction Documents.
More Definitions of Total Invested Capital
Total Invested Capital means at any time of determination, the sum of, without duplication, (i) the total amount of equity contributed to AirGate as of the Closing Date (being $7.6 million), plus (ii) the aggregate net cash proceeds received by AirGate from the common stock offering concurrent with the issuance of the Notes pursuant to this Indenture plus (iii) the aggregate net cash proceeds received by AirGate from capital contributions or any other issuance or sale of Capital Stock (other than Disqualified Stock but including Capital Stock issued upon the conversion of convertible Debt or from the exercise of options, warrants or rights to purchase Capital Stock (other than, Disqualified Stock)), including cash payments under the Committed Capital Contribution, subsequent to the Closing Date, other than to a Restricted Subsidiary, plus (iv) the aggregate net repayment of any Investment made after the Closing Date and constituting a Restricted Payment in an amount equal to the lesser of (a) the return of capital with respect to such Investment and (b) the initial amount of such Investment, in either case, less the cost of the disposition of such Investment, plus (v) an amount equal to the Consolidated Net Investment (as of the date of determination) AirGate and/or any of the Restricted Subsidiaries has made in any Subsidiary that has been designated as an Unrestricted Subsidiary after the Closing Date upon its redesignation as a Restricted Subsidiary in accordance with Section 4.21, plus (vi) Consolidated Debt minus (vii) the aggregate amount of all Restricted Payments declared or made on or after the Closing Date.
Total Invested Capital for any given fiscal year, and with respect to the Company, the sum of the following:
Total Invested Capital means at any time the sum of (a) the Junior Stock Invested Capital, (b) the Series A Invested Capital and (c) the Series B Invested Capital.
Total Invested Capital means “Total Operating Working Capital” plus property, plant, and equipment, plus goodwill, subject to certain discretionary adjustments as approved by the Administrator.
Total Invested Capital means the aggregate U.S. dollar value of all Relevant Investor Investments. The U.S. dollar value of each Relevant Investor Investment shall be measured at the time of any such investment. Total Invested Capital is to be reasonably determined by the Board in good faith on a quarterly fiscal basis and shall be made available to the Participant as reasonably requested.
Total Invested Capital means, as of any date of determination, the sum of (a) Total Pro Forma Consolidated Indebtedness as of such date and (b) $1,982,000,000 plus the aggregate proceeds received by Iridium or any Restricted Subsidiary in respect of the issuance of Capital Stock of Iridium, including the fair value of property other than cash (as determined in good faith by the Board of Directors in a resolution filed with the Trustee), less any redemptions of, or dividends or other distributions on, Capital Stock of Iridium (other than any Tax Amount or any dividend or distribution in Capital Stock) made after the Issue Date and on or prior to the date of determination.