Operating Return definition

Operating Return means a cumulative return, compounded monthly, equal to ten and one-half percent (10.5%) per annum on each Member’s Unreturned Additional Capital and/or Unreturned Initial Capital, as the case may be. One-twelfth of the annual Operating Return payable for the current fiscal year of the Company shall accrue at the time of each monthly distribution of Operating Cash Flow (or at the time that such distribution would be made if Operating Cash Flow were available for distribution).
View Source
Operating Return means a cumulative return, compounded monthly, equal to ten percent (10%) per annum on each Member’s Unreturned Additional Capital and/or Unreturned Initial Capital, as the case may be.
View Source
Operating Return means, for any Budgetary Period, the gross operating income of the Power Station (including, without limitation, income derived from the sale of ash) less the aggregate of all fuel costs and the costs of the Operator Services incurred during the Budgetary Period. Operational Period means the period commencing:
View Source

Examples of Operating Return in a sentence

  • No Member shall receive any interest on any of its Capital Contributions except for such Member’s Operating Return.

  • The Performance Objective shall be annualized Modified Operating Return on Equity over the Award Period.

  • If Operating Return on Common Equity for a calendar year after [YEAR BEFORE YEAR OF GRANT] is [ %] or more, the ROCE Condition shall be deemed to have been satisfied for such calendar year.

  • Adjusted Operating Return on Equity, adjusted operating income and adjusted stockholders’ equity are non-GAAP financial measures.

  • Any distribution made pursuant to this Section shall be made in a manner consistent with Section 6.5, including, but not limited to, all notice and consent requirements of Code §§411(a)(11) and 417 and the Regulations thereunder.

  • In addition to any Deferrals, within forty-five (45) days following the end of each Plan Year, the Employer shall make a Contribution to the Deferral Account based on Operating Return on Assets for the immediately preceding Plan Year determined in accordance with the table below.

  • The determination of the Committee as to the amounts of any adjustments to Diluted Operating Earnings Per Share and Operating Return on Common Equity pursuant to this paragraph shall be final, binding and conclusive upon all parties.

  • TRG, subject to CNL’s right to terminate TRG’s authority as Operating Member in accordance with Section 6.7. Operating Return.

  • Thereafter, except as provided in Sections 7(d) and 8(b) below, each Performance Unit shall have a Value equal to result of the following equation: $100.00 x (1.00 + annualized Modified Operating Return on Equity)^3.

  • Three-Year Operating Return on Adjusted Stockholders’ Equity, adjusted operating income and stockholders’ equity excluding accumulated other comprehensive income are non-GAAP financial measures.


More Definitions of Operating Return

Operating Return means net income excluding merger expenses, net gains/losses on sales of securities, and any other similar nonoperating income or expense as determined by the Committee which administers the Plan (the "Committee") in its sole discretion.
View Source

Related to Operating Return

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

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

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

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