Upside Return definition

Upside Return means the principal amount multiplied by a percentage calculated by reference to the difference between the Final Index Level and the Initial Index Level, subject to a maximum of the Cap.
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Related to Upside Return

  • Hypothetical Tax Liability means, with respect to any Taxable Year, the Hypothetical Federal Tax Liability for such Taxable Year, plus the Hypothetical Other Tax Liability for such Taxable Year.

  • Joint Return means any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.

  • Nil Return has the meaning given to it in paragraph 3.3 of Framework Schedule 9 (Management Information);

  • Corporate Taxpayer Return means the federal and/or state and/or local Tax Return, as applicable, of the Corporate Taxpayer filed with respect to Taxes of any Taxable Year.

  • Current Return means the minimum fair combined rate of return on common equity required for