Equity IRR definition

Equity IRR means the projected annually compounded rate of return to the shareholders of the Developer on the Equity invested in the Project over the full or part of the Term beginning from the Effective Date till any date of consideration before the expiry of the Term. For the purposes of computing Equity IRR all payments toward Equity shall be considered as cash inflows and all Distributions shall be considered as cash outflows (in case of Distribution in kind, the same shall be converted into cash) in the Financial Year in which such cash flows take place;

Equity IRR means Project Co's Nominal blended equity internal rate of return calculated on an after-tax basis at the level of Project Co in accordance with the Financial Model as shown in Cell ▼ of the Outputs Summary Sheet, having regard to Distributions made and projected to be made;

Equity IRR means the projected blended rate of return to the Relevant Persons over the full term of this Agreement, having regard to Distributions made and projected to be made;

Examples of Equity IRR in a sentence

• Financing Equity IRR to the Equity IRR If the Pre-Refinancing Equity IRR is lower than the Original Equity IRR, a calculation will be done to determine the amount of Distributions which, if received by Equity Members at the estimated Refinancing date, would increase the Pre-Refinancing Equity IRR to the Original Equity IRR (while the MAP is maintained and the minimum prevailing debt covenants established in the Funding Agreements are not violated).

• Threshold Equity IRR This is the nominal post tax (i.e. post tax with respect to the SPV, pre-tax with respect to the shareholders in the SPV) Equity IRR set out in the Base Case, which excludes the effects of any anticipated refinancing.

• The determination of this amount of Distributions needed to achieve the Original Equity IRR shall treat as Project Debt, rather than Committed Investment, any initial Committed Investment in excess of the maximum permitted initial Committed Investment under Section 15.2.9 of the Agreement.

• The Financial Plan shall set forth all capital costs, sources of financing such capital costs, O&M expenses, project revenues, other revenues, replacement costs, reserves for emergencies, servicing of various debts, distributions to the shareholders of the Developer and the projected Equity IRR.

• If a review by the Financial Model Auditor of the Initial Base Case Financial Model discloses errors or discrepancies in such financial model that results in a decrease to the Initial Equity IRR, the Initial Base Case Financial Model will be updated, subject to prior review and approval by the Department, to reflect any adjustments, however the Public Funds Amount will not change.

More Definitions of Equity IRR

Equity IRR means the internal rate of return on equity investment of the project based on projected/actual cash flows during the Concession Period.

Equity IRR means the projected internal rate of return to all shareholders of Project Co taking into account their shareholdings which internal rate of return is consistent with the Financial Model.

Equity IRR means the projected after-tax internal average annual rate of return on Equity Capital as shown in the Financial Model in connection with the Project over the full term of this Agreement, taking into account the aggregate of all the Sponsors' investments and of all Distributions made and projected to be made;

Equity IRR means the projected blended internal rate of return to the Shareholders and any of their Affiliates over the entire Concession Period, having regard to Distributions made and projected to be made, calculated on a nominal basis and post-tax for the Concessionaire and pre-tax for the Shareholders. The Equity IRR initially is equal to the Base Case Equity IRR.

Equity IRR means the nominal post-tax internal rate of return on Equity Investment over the full Term calculated using the Financial Model, as the discount rate that, when applied to Equity Investment cash flows, gives a zero net present value. The Equity IRR initially is equal to the Base Case Equity IRR and is subject to amendment only in accordance with Article 16 (

Equity IRR means the projected internal rate of return to the Equity Provider over the full term of this Project Agreement, taking into account the aggregate of all its investments and of all Distributions made and projected to be made.

Equity IRR means the IRR calculated for an Investor TopCo Tranche in relation to a Project Gain Share Calculation Period and: