Total Return per Unit definition

Total Return per Unit means the amount equal to the percentage appreciation of the Net Asset Value per Unit, without taking into account any accrued Performance Fee, but including the amount of any distributions on a per Unit basis.
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Total Return per Unit means, as of any Earn-Out Measuring Date, (i) the Average Spread, plus (ii) the sum of all distributions that have been made by the Company with respect to a Share during the period measured from the Grant Date through and including such Earn-Out Measuring Date. WITNESS the execution hereof under seal as of the 26 day of June, 2002. "GRANTEE" /s/ George J. Ostendorf -------------------------------------------- George J. Ostendorf "COMPANY" Hanover Capital Mortgage Holdings, Inc. By: /s/ John A. Burchett ----------------------------------------- Name: John A. Burchett Title: Chief Xxxxxxxxx Xxxxxxr and President EXHIBIT A HANOVER CAPITAL MORTGAGE HOLDINGS, INC. 1997 EXECUTIVE AND NON-EMPLOYEE DIRECTOR STOCK OPTION PLAN NOTICE OF EXERCISE TO: Treasurer, Hanover Capital Mortgage Holdings, Inc. FROM: ________________________________________ Optionholder's Name I elect to exercise my option to purchase shares of Hanover Capital Mortgage Holdings, Inc. common stock as follows: Date of Option Grant: ______________ Exercise Price: $_______/share Number of Shares to Be Purchased: ___________ Total Exercise Price Enclosed: $__________ Full payment, in cash or certified or bank cashier's check, for the shares I am electing to purchase is enclosed with this notice. I understand that issuance of the purchased shares may be conditioned on my payment of any tax or excise due thereon and on fulfillment of requirements specified in the Stock Option Agreement, dated as of _____________, 2002, between Hanover Capital Mortgage Holdings, Inc. and me. ___________________________________ Optionholder's Signature ______________________ Date Received by: Date:_____________
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Total Return per Unit means, as of any Earn-Out Measuring Date, (i) two times the Average Spread for the thirty (30) day period that ends on such Earn-Out Measuring Date, plus (ii) the sum of all distributions that have been made by HCHI with respect to an IPO Share through and including such Earn-Out Measuring Date.
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Examples of Total Return per Unit in a sentence

  • The details of the calculation methodology and the hurdles are set out below.The NAV per Unit includes an accrual for an estimate of the performance fee that would be payable if it were the end of a Calculation Period.Calculation MethodologyThe Trust’s Total Return per Unit (“Total Return”) is the dollar movement in its NAV per Unit during the Calculation Period (adjusted for any income or capital distributions and before any accrued performance fees during that Calculation Period).

  • The first Calculation Period is from the commencement of the Trust to 31 December 2019.The Trust’s Excess Return per Unit (“Excess Return”) is its Total Return per Unit less the Absolute Return Performance Hurdle, expressed in dollar terms.Magellan is entitled to charge a performance fee per Unit of 10% (exclusive of GST) of the Excess Return.

  • In addition, if the Total Return per Unit is at least equal to the IPO Price as of any Earn-Out Measuring Date, an Option granted hereunder will be fully vested as of the later of the Grant Date of such Option or such Earn-Out Measuring Date.

  • Basically, if type G is expected to accept the plea bargain, then rejecting it is taken as a clear signal of innocence and P will therefore drop the case (P does not have to worry about informal sanctions from dropping the case, as observers take this disposition as a clear signal of innocence).

  • CALCULATION METHODOLOGYThe Trust’s Total Return per Unit (Total Return) is the dollar movement in its NAV per Unit during the calculation period (adjusted for any income or capital distributions and before any accrued performance fees during that calculation period).

  • For each Earn-Out Measuring Date through which the Total Return per Unit equals at least a 20% annualized return on the IPO Price, one-third (1/3) of an Option granted hereunder will be vested as of the later of the Grant Date of the Option or such Earn-Out Measuring Date until the Option has fully vested.


More Definitions of Total Return per Unit

Total Return per Unit means, as of any Earn-Out Measuring Date, (i) the Average Spread, plus (ii) the sum of all distributions that have been made by the Company with respect to a Share during the period measured from the Grant Date through and including such Earn-Out Measuring Date. WITNESS the execution hereof under seal as of the 26 day of June, 2002.
Sample 1
Total Return per Unit means, as of any Earn-Out Measuring Date, (i) two times the Average Spread for the thirty (30) day period that ends on such Earn-Out Measuring Date, plus (ii) the sum of all distributions that have been made by the Company with respect to a Share issued in the Company's initial public offering through and including such Earn-Out Measuring Date.
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Related to Total Return per Unit

  • Total Return means the annual compounded rate of return for an investment fund for a period that would equate the initial value to the redeemable value at the end of the period, expressed as a percentage, and determined by applying the following formula:

  • Total Return Swap means any total return swap entered into by a Financing Subsidiary.

  • NAV per Unit means the NAV of the Company divided by the number of Units then outstanding.

  • Common Unit Economic Balance has the meaning set forth in Section 5.01(g) hereof.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • annual return means the return required to be made in the case of a company having a share capital, under section 132 and in the case of a company not having a share capital, under section 133;

  • Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

  • OP Unit Economic Balance has the meaning set forth in Section 6.03(c) hereof.

  • Total Shareholder Return means the total return (change in share price plus reinvestment of any dividends) of a Share.

  • Per Unit Capital Amount means, as of any date of determination, the Capital Account, stated on a per Unit basis, underlying any Unit held by a Person other than the General Partner or any Affiliate of the General Partner who holds Units.

  • Unit Value means, at any time, the value of each Stock Unit, which value shall be equal to the Fair Market Value (as defined in the Plan) of a Share on such date.

  • Earnings Per Share means as to any Fiscal Year, the Company’s or a business unit’s Net Income, divided by a weighted average number of common shares outstanding and dilutive common equivalent shares deemed outstanding, determined in accordance with generally accepted accounting principles.

  • Adjusted Capital means cumulative gross proceeds generated by the Corporation from sales of shares of Common Stock (including proceeds from the Corporation’s distribution reinvestment plan) reduced for amounts paid for share repurchases pursuant to the Corporation’s share repurchase program. The calculation of the Subordinated Incentive Fee on Income for each quarter is as follows:

  • Fully Diluted Weighted Average Basis means, when calculating the number of Outstanding Units for any period, a basis that includes (a) the weighted average number of Outstanding Units during such period plus (b) all Partnership Interests and Derivative Partnership Interests (i) that are convertible into or exercisable or exchangeable for Units or for which Units are issuable, in each case that are senior to or pari passu with the Subordinated Units, (ii) whose conversion, exercise or exchange price, if any, is less than the Current Market Price on the date of such calculation, (iii) that may be converted into or exercised or exchanged for such Units prior to or during the Quarter immediately following the end of the period for which the calculation is being made without the satisfaction of any contingency beyond the control of the holder other than the payment of consideration and the compliance with administrative mechanics applicable to such conversion, exercise or exchange and (iv) that were not converted into or exercised or exchanged for such Units during the period for which the calculation is being made; provided, however, that for purposes of determining the number of Outstanding Units on a Fully Diluted Weighted Average Basis when calculating whether the Subordination Period has ended or Subordinated Units are entitled to convert into Common Units pursuant to Section 5.7, such Partnership Interests and Derivative Partnership Interests shall be deemed to have been Outstanding Units only for the four Quarters that comprise the last four Quarters of the measurement period; provided further, that if consideration will be paid to any Group Member in connection with such conversion, exercise or exchange, the number of Units to be included in such calculation shall be that number equal to the difference between (x) the number of Units issuable upon such conversion, exercise or exchange and (y) the number of Units that such consideration would purchase at the Current Market Price.

  • Adjusted Capital Account means the Capital Account maintained for each Partner as of the end of each Fiscal Year (i) increased by any amounts which such Partner is obligated to restore pursuant to any provision of this Agreement or is deemed to be obligated to restore pursuant to the penultimate sentences of Regulations Sections 1.704-2(g)(1) and 1.704-2(i)(5) and (ii) decreased by the items described in Regulations Sections 1.704-1(b)(2)(ii)(d)(4), 1.704-1(b)(2)(ii)(d)(5) and 1.704-1(b)(2)(ii)(d)(6). The foregoing definition of Adjusted Capital Account is intended to comply with the provisions of Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith.

  • Share Valuefinal means the Preference Share Value on the Valuation Date; and "Share Valueinitial" means the Preference Share Value on the Initial Valuation Date.

  • Adjusted Operating Income for each year in the Performance Period is defined as the Company’s net income from continuing operations as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis), adjusted as set forth in the immediately following sentence. In calculating Adjusted Operating Income, net income from continuing operations shall be adjusted as follows: first (A) remove the after-tax effects of the following items: (i) losses (net of reinsurance) from catastrophes (as designated by the Insurance Service Office’s Property Claims Service Group, the Lloyd’s Claim Office, Swiss Reinsurance Company’s sigma report, or a comparable report or organization generally recognized by the insurance industry, and reported by the Company as a catastrophe); asbestos and environmental reserve charges (or releases); net realized investment gains or losses in the fixed maturities and real estate portfolios; and (ii) extraordinary items, the cumulative effect of accounting changes and federal income tax rate changes, and restructuring charges, each as defined by generally accepted accounting principles in the United States, and each as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis); (B) reduced, as to the first year in the Performance Period (20XX), by $XXXXXX, as to the second year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium, and as to the third year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium; and (C) reduced by an amount intended, as of the date of this award, to approximate historical levels of credit losses (on an after-tax basis) associated with the Company’s fixed income investments, determined by (i) multiplying a fixed factor, expressed as 2.25 basis points, by the amortized cost of the Company’s fixed maturity investment portfolio at the beginning of each quarter during the relevant year in the Performance Period and (ii) adding the after-tax sum of the amounts resulting from (i) for such year in the Performance Period.

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Relative Total Shareholder Return or “Relative TSR” means the Company’s TSR compared to the Peer Companies TSR on a relative basis. The Company and the Peer Companies from highest to lowest according to their respective TSRs will determine Relative TSR. After this ranking, the percentile performance of the Company relative to the Peer Companies will be determined using the Percentrank formula in Microsoft Excel.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Common Unit Price has the meaning specified in Section 2.1(b).

  • FTPS Unit means Units which are purchased through the Fund/SERV(R) trading system or on a manual basis through FTP Services LLC or for which FTP Services LLC is acting as FTPS Unit Servicing Agent.

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • Rental Return Date means the return date listed on the car rental agreement.

  • Return on Invested Capital for a period shall mean earnings before interest, taxes, depreciation and amortization divided by the difference of total assets less non-interest bearing current liabilities.

  • Total Stockholder Return means the total return (change in share price plus reinvestment of any dividends) of a share of the Company’s common stock.