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.
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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 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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Examples of Total Return per Unit in a sentence

  • If the Total Return per Unit as of any Earn-Out Measuring Date is equal to or greater than the IPO Price, the Partnership shall issue to each Original Limited Partner his or her Pro Rata Portion of the number of Earn-Out Units that have not theretofore been issued pursuant to this Section 4.5.

  • If the Total Return per Unit as of any Earn-Out Measuring Date equals at least a 20% annualized return on the IPO Price through such Earn-Out Measuring Date, the Partnership shall issue to each Original Limited Partner his or her Pro Rata Portion of the lesser of (i) one-third of the total number of Earn-Out Units or (ii) the number of Earn-Out Units that have not theretofore been issued pursuant to this Section 4.5.


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 HCHI with respect to a share of HCHI Common during the period measured from the Effective Date of Amendment No. 1 to this Contribution Agreement through and including such Earn-Out Measuring Date.
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