Return Hurdle definition

Return Hurdle shall have the meaning set forth in Section 4(a)(ii). 1.32.
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Return Hurdle has the meaning set forth in Section 10.1(b).
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Return Hurdle has the meaning set forth in the definition of Relevant Class C Share Percentage.
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Examples of Return Hurdle in a sentence

  • If the Return Hurdle has not been met, then that number of Time-Performance Units that have not previously vested will vest as follows: (i) the total number of unvested Time-Performance Units multiplied by (ii) the Percentage.

  • With respect to the first full fiscal year of Aveon following a Capitalization Transaction and any preceding partial fiscal year occurring during the Employment Term, the Segment Return Hurdle shall be no greater than 12%, and, in the case of the partial fiscal year mentioned above, the Segment Return Hurdle shall be measured over the full calendar year, notwithstanding that the Capitalization Transaction shall have occurred after the commencement of the calendar year.

  • In the event of a Change of Control in which all or a portion of the consideration payable to the Company’s equityholders is in the form of equity securities, the value of the equity securities will be included in the calculation of whether the Return Hurdle has been met.

  • Commencing with the Post Support Year, the Return Hurdle shall be determined annually within one hundred twenty (120) days following the end of each calendar year, and Manager shall notify Owner and Tenant in writing of the results of such determination prior to the expiration of such one hundred twenty (120) day period.

  • If Tenant fails to exercise Tenant’s right to terminate within sixty (60) days after Tenant’s receipt of notice that the Return Hurdle has not been met, then Tenant’s right to terminate with respect thereto shall lapse, and Manager shall be deemed to have met the Return Hurdle for such year.

  • Any Class C Units that cannot be vested without resulting in a failure of the Return Hurdle to be achieved in connection with a Company Sale will not vest and will be forfeited.

  • To the extent that only a portion of the Class C Amount is required to be distributed or paid to the Class A Unitholders in order for the Return Hurdle to be met, then the Class C Units for which the Time Condition has been met and that have not been forfeited or repurchased prior to that time will vest and the remainder of the Class C Amount shall be distributed or paid to the Class C Unitholders in respect of such Class C Units.

  • If Manager elects to exercise the Cure Right, Manager must pay the necessary amount to USALF within thirty (30) business days following USALF's notice to Manager that USALF has elected to cause SSALH to terminate the Management Agreements as a result of Manager's failure to meet the Return Hurdle for each of two (2) consecutive calendar years.

  • If there are any Alternative Vehicles, the Performance Participation Allocation, Total Return, Hurdle Amount and Loss Carryforward Amount will be measured using the Partnership and such Alternative Vehicles measured on a combined basis.

  • If Manager elects to exercise the Cure Right, Manager must pay the necessary amount to Tenant within thirty (30) business days following Tenant’s notice to Manager that Tenant has elected to terminate the Management Agreements as a result of Manager’s failure to meet the Return Hurdle.


More Definitions of Return Hurdle

Return Hurdle has the meaning set forth in Section 6.01(a)(i).
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Return Hurdle means (i) the cumulative amount of Gross Profit earned from and after the First Commercial Sale of the Licensed Product in the Territory, minus (ii) the cumulative amount of royalty payments paid to POINT.
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Return Hurdle shall have the meaning provided in Section 2. “Subordinate Management Fee” shall have the meaning ascribed to such term in the Management Agreements.
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Related to Return Hurdle

  • Return on Invested Capital for a period shall mean earnings before interest, taxes, depreciation and amortization divided by the difference of total assets less non-interest bearing current liabilities.