Compounded Return definition

Compounded Return has the meaning set forth in Section 2(a).
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Compounded Return means the compound, pre-tax, annual rate of return on the initial investment of the Investor upon the purchase of the Unit (as defined in this Section 2.4) with which this Warrant is associated from the Company, taking into account as investment return all cash paid and/or shares of Common Stock issued or issuable by the Company as Dividends on the associated share of Series B Preferred Stock, and the value of any Common Stock issued or issuable by the Company hereunder. For purposes of determining “Compounded Return” realized by the Holder: (a) only the purchase price of the Unit shall be considered as the initial investment, and neither the Exercise Price hereunder nor any Exercise Price Deposit nor any payments for Excess Shares pursuant to Section 5 hereof shall be considered to be part of such initial investment, (b) the Redemption Price received or to be received by the Holder (or applied by the Company as a credit against the Exercise Price hereunder) for the associated share of Series B Preferred Stock shall not be included as investment return, and (c) the value of shares of Common Stock issuable by the Company under this Warrant will be determined in accordance with the provisions of Section 2.3 hereof.
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Examples of Compounded Return in a sentence

  • If the Preferred Base Amount or the Compounded Return is reduced by any redemption or repurchase of a Class P Unit pursuant to Section 4 or Section 5 or pursuant to an RP Election (collectively, “Prior Preferred Redemptions”) made between Distribution Payment Dates, from such date of payment the Preferred Return shall accrue at the Applicable Distribution Rate on the basis of such reduced sum of the Preferred Base Amount and Compounded Return.

  • If the Cumulative Compounded Return is less that 28%, none of the Investor Return Options shall become exercisable.

  • If the Cumulative Compounded Return is at least 28% but less than 29%, one third of the Investor Return Options will become exercisable.

  • If the Cumulative Compounded Return is greater than 30%, all of the Investor Return Options will become exercisable.

  • All notices and demands delivered by a Party’s attorney on a Party’s behalf shall be deemed to have been delivered by said Party.

Related to Compounded Return

  • Combined Return means any Tax Return (other than for Federal Income Taxes) filed on a consolidated, combined (including nexus combination, worldwide combination, domestic combination, line of business combination or any other form of combination), unitary or Group Relief basis that includes activities of members of the ESG Group or the KBR Group, or both, as the case may be.

  • Compounded SOFR means the compounded average of SOFRs for the applicable Corresponding Tenor, with the rate, or methodology for this rate, and conventions for this rate (which may include compounding in arrears with a lookback and/or suspension period as a mechanism to determine the interest amount payable prior to the end of each Interest Period) being established by the Administrative Agent in accordance with:

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

  • Preferred Return has the meaning specified in the Company LLC Agreement.

  • Consolidated Return means any Tax Return with respect to Federal Income Taxes filed by the Consolidated Group pursuant to Section 1501 of the Code.