Priority Return definition

Priority Return means a 6% cumulative, non-compounded, pre-tax annual return (based on a 365-day year).

Priority Return means with respect to (i) the Series B Preferred Units, the Series B Priority Return, (ii) the Series J Preferred Units, the Series J Priority Return, (iii) the Series K Preferred Units, the Series K Priority Return, and (iv) the Series L Preferred Units, the Series L Priority Return.

Priority Return means, as of any date, an aggregate amount equal to a 6% cumulative, non-compounded, annual return on Invested Capital, prorated for any partial year. For purposes of calculating the Priority Return for any calendar year or portion thereof, the Company will use the daily weighted average amount of Invested Capital for such period.

Examples of Priority Return in a sentence

• MH-HRemit To: Priority Return/ Accessible Storage Form All orders must have a credit card authorization form in file.

• Promontoria will repay ENGL the total development costs 10 business days after satisfaction of the last of the closing conditions, the most important of which is the issuing of the certificate of practical completion for the distribution centres and associated infrastructure works.

• The Priority Return Link (PRL) option provides improved return link throughput via reserved bandwidth, where available in enabled regions.

• The Carried Interest will be calculated as 20% of the excess total profit arising to the Shareholders over and above the amount subscribed by them and a simple annual rate of return of 10% (the "Priority Return").

• If it was considered appropriate to raise this as a query this would not be a mandatory reject reason as outlined in our reject checklist and as such should be accompanied by a Priority Return form to ensure no processing delay.

More Definitions of Priority Return

Priority Return means a seven percent (7.0%) per annum cumulative, pre-tax non-compounded return on Invested Capital.

Priority Return means, an amount equal to 8.375% per annum, determined on the basis of a 360 day year of twelve 30 day months, cumulative to the extent not distributed for any given distribution period pursuant to Section 5.1 of the Partnership Agreement, of the stated value of S50 per Series D Preferred Unit, commencing on the date of issuance of such Series D Preferred Unit. The term "Subsidiary" shall mean with respect to any person, any corporation, partnership, limited liability company, joint venture or other entity of which a majority of(i) voting power of the voting equity securities or (ii) the outstanding equity interests, is owned, directly or indirectly, by such person. The term "PTP" shall mean a "publicly traded partnership" within the meaning of Section 7704 of the Code. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Partnership Agreement.

Priority Return means an amount equal to 5.25% per annum, of the Liquidation Preference per Series X Preferred Unit, commencing on the date of issuance of such Series X Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series X Preferred Unit Distribution Payment Date (as defined below).

Priority Return means a non-cumulative, non-compounded return, equal to six percent (6%) per annum on Invested Capital, paid on an aggregate basis from distributions from all sources.

Priority Return means with respect to (i) the Series D Preferred Units, the Series D Priority Return, (ii) the Series E Preferred Units, the Series E Priority Return, (iii) the Series F Preferred Units, the Series F Priority Return, (iv) the Series H Preferred Units, the Series H Priority Return and (v) the Series I Preferred Units, the Series I Priority Return.

Priority Return means, an amount equal to 8.95% per annum, determined on the basis of a 360-day year of twelve (12) 30-day months (or actual days for any month which is shorter than a full monthly period), cumulative to the extent not distributed for any given distribution period pursuant to Section 3 hereof, of the stated value of $25.00 per Series B Preferred Unit, commencing on the date of issuance of such Series B Preferred Unit.

Priority Return means an amount equal to 6.00% per annum, of the Liquidation Preference per Series T Preferred Unit, commencing on the date of issuance of such Series T Preferred Unit, determined on the basis of a 360-day year (and twelve 30-day months), cumulative to the extent not distributed on any Series T Preferred Unit Distribution Payment Date (as defined below).