Preferential Return definition

Preferential Return means the amount of Investor’s aggregate capital contribution to a Project LLC plus 10% per annum, compounded monthly, accruing on the combined amount of such contributions and compound interest that has not been returned to Investor through distributions from the Project LLC.
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Preferential Return means, in respect of a Member, a cumulative non-compounded return of 7% per annum on (but not of) such Member’s Unrecovered Contributions and Unrecovered Additional Contributions, as applicable.
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Preferential Return means a return of capital declared or payable in respect of a CP Share in accordance with clause 4.2 or 4.3 of this Schedule.
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Examples of Preferential Return in a sentence

  • As provided in the LLC Agreement, the allocation to Proinvest would be an allocation of twenty-five percent (25%) of net income, after Investor Members have received allocations equal to all prior losses, the cumulative Preferential Return, and all unreturned capital contributions.

  • As provided in the LLC Agreement, the distributions to Proinvest would include distributions of twenty-five percent (25%) of distributions after the Investor Members have received distributions equal to the cumulative Preferential Return and all unreturned capital contributions.

  • Accrued but unpaid Management Fees for any period shall be deferred without interest and shall be payable in subsequent periods from any funds available to the Owner after payment of all other costs and expenses of the Owner (other than the Preferential Return), including any reserves then determined by Proinvest to no longer be necessary to be retained by the Owner.

  • A Preferential Return Account shall be maintained for each Preferred Unit Holder in accordance with this provision.

  • Each Preferred Unit Holder’s Preferential Return Account, as determined and adjusted pursuant to this Section 3.8, shall be separate and distinct from each Preferred Unit Holder’s Capital Account and will be maintained pursuant to this Section 3.8 solely for the purpose of determining the amount of cash to be distributed to each Preferred Unit Holder and the priority of such distributions pursuant to Section 5.2(b) hereinbelow.

  • The Redemption Price shall equal the sum of (i) the product of (A) the Holder Proportion of Invested Capital and (B) the sum of the Invested Capital and the Invested Capital Preferential Return, (ii) 50% of the Net Advisor Fee and (iii) 35% of the Section 5 balance.

  • Within five days of its receipt, the Company’s Primary Package Revenue shall be applied, without deduction for other costs, expenses, debts or obligations of the Company, (i) first, to the extent of one-half of the Primary Package Revenue, toward payment of the Rockwell Note until such note has been paid in full; and (ii) second, to the extent of one-half of the Primary Package Revenue, as a distribution to Rockwell toward payment of Rockwell’s Preferential Return until that return has been paid in full.

  • Any amount paid by ROIC or Gramor either under the guarantee or under the contribution arrangement provided for in the foregoing sentence will be treated as an Additional Contribution by the Member obligated to pay the same and shall accrue a Preferential Return on Capital when paid thereby either directly under the guarantee or pursuant to the right of contribution provided for in this Section 5.3.

  • The Preferred Units shall no longer be deemed to be outstanding as of the date on which each Preferred Unit Holder’s Preferential Return Account has been reduced to zero and there is no accrued but unpaid Priority Return due to any Preferred Unit Holder.

  • Appropriate records will be kept so that upon each closing of the Partnership’s books it is possible to determine, among other items defined in this Agreement: (i) the amount of capital actually contributed by each Partner; (ii) the amount of cash or other property distributed to each Partner; and (iii) the amount of Preferential Return Accounts, Capital Account balances, Capital Balances, Distributable Cash, and Net Income and Net Loss.


More Definitions of Preferential Return

Preferential Return means, with respect to any Partner and as of the end of any fiscal quarter, an amount (not less than zero) equal to such Partner's Return Base as of the last day of the preceding fiscal quarter multiplied by 0.017059% (the equivalent, with quarterly compounding, of 7% compounded annually). A Partner's 7% Preferential Return for any fiscal period consisting of less than a full fiscal quarter shall be determined through proration on a daily basis by (1) multiplying 0.017059% times a fraction, the numerator of which is the actual number of days in such fiscal period and the denominator of which is the actual number of days in the fiscal quarter that includes such fiscal period; and (2) multiplying the result by such Partner's Return Base as of the end of the preceding fiscal quarter.
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Preferential Return means, with respect to each Series A Unit, the amount of Outstanding Capital Contributions of Series A Unit members per each Series A unit plus the amount accruing on such Preferred Unit on a daily basis at Preferred Interest, compounding annually on December 31 of each year on the aggregate Outstanding Capital Contributions with respect to each Series A Unit.
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Preferential Return means a return of capital declared or payable in respect of a Convertible Preference Share in accordance with clause 8.4.2 or 8.4.3 of this Section.
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Preferential Return means the amount of Rockwell’s aggregate capital contribution to the Company plus 10% per annum, compounded monthly, accruing on the combined amount of such contributions and compound interest that has not been returned to Investor through distributions from the Company.
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Preferential Return means, for any period, an amount equal to 10% of the Net Asset Value of the Partnership as of the beginning of such period (as calculated pursuant to Section 1.14 hereof) multiplied by the number of days in such period and divided by 365 (366 in the case of a leap year). In the event there is a negative return in any fiscal year of the Partnership, such negative return shall be added to the Preferential Return for the first Valuation Date in the next fiscal year. For this purpose, “negative return” in a fiscal year means the net loss of the Partnership in such year allocated to the Limited Partners pursuant to this Article 3 in respect of Units held by them (and not redeemed) on the last fiscal day of such fiscal year.
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Related to Preferential Return

  • preferential tariff treatment means the rate of customs duties applicable to an originating good in accordance with paragraph 1 of Article 2.8;

  • Initial Return means the fair combined rate of return on common equity determined for such utility

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

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

  • annual return means the return required to be made in the case of a company having a share capital, under section 132 and in the case of a company not having a share capital, under section 133;