Negative Return definition

Negative Return means that the Sponsor shall have received aggregate cash proceeds and the fair market value of property in respect of its Class A-1 Interests in the Company of equal to or less than 100% of its aggregate Capital Contributions (as defined in the LP Agreement) in respect of such Class A-1 Interests. Capitalized terms in the immediately-preceding sentence shall have the same meaning as specified in the Management Interest Subscription Agreement between Executive and the Company.
Negative Return means that the Sponsor shall have received aggregate cash proceeds and the fair market value of property in respect of its Class A-1 Interests in the Company of equal to or less than 100% of its aggregate Capital Contributions (as defined in the LP Agreement) in respect of such Class A-1 Interests. Capitalized terms in the immediately-preceding sentence shall have the same meaning as specified in the Management Interest Subscription Agreement between Executive and the Company, dated as of the date of the Initial Acquisition Closing (as defined in the Amended and Restated Agreement of Exempted Limited Partnership of the Company dated July 30, 2009).

Examples of Negative Return in a sentence

  • However, during 2007 and 2008, that State also administered its own Medicaid integrity program, which recovered $28.9 million.Identified Overpayments Yielded a Negative Return on InvestmentThe National Medicaid Audit Program did not identify overpayments commensurate with the investment CMS made in the program.

  • Contact Rail Positive and Negative Return Feeder Cables, Contact Rail Jumper Cables, and NGD cables: The cables shall be non-shielded, jacketed, Ethylene Propylene Rubber (EPR) insulation suitable for installation in metal raceways, cable trays, metallic and non-metallic conduits, and underground ducts.

  • The negative return cables either side of the tramway square shall be routed to a Negative Return Cable Connection Box and then to a heavy duty electrical switch that is manually or electrically controlled and operated, for the passage of either a train (1500 V) or tram (600 V) to ensure the correct negative return is available for the passage of either the tram or train and in the correct sequence.

  • Here, we define a dependent variable Extreme Negative Return, a binary variable that takes a value of 1 if the firm’s stock return is -50% or below.

  • Figure-4.10 Termination of Traction Negative to Substation Negative Return Conductor.

  • The potential return: Negative Return, Low Return and High Return.

  • Figure 4.1: Experimentally Measured Voltage Overshoot and Negative Return Spikes 140 120 Spike Amplitude (Volts)100 80 60 40 20 00 10 20 30 40 50 60 70 80 Series Gate Resistance (ohms) Figure 4.2: Series Gate Resistance vs.

  • Negative Return on Networth and PE has not be considered, hence average of Book value and EV/EBIDTA multiple is 26.31.

  • B.A Negative Return to Work Drug and Alcohol TestUpon the completion of your substance abuse assessment, rehabilitation or treatment program, you will be required to successfully pass a return-to-work drug and alcohol test.

  • Positive Feeder CablesThe DC supply feeder cables must meet the following existing minimum criteria: All Conductor size shall be 300mm 2 stranded copper Negative Return CablesThe DC negative return cables must meet the following existing minimum criteria: All Conductor size shall be 300mm 2 stranded copper High Voltage AC PowerThe high voltage AC power cables should be rated 35kV minimum or as may be specified by the power utility which is ever better, TR-XLPE, shielded armored cable.

Related to Negative Return

  • Cumulative Realized Losses As of any date of determination, the aggregate amount of Realized Losses with respect to the Mortgage Loans.

  • Cumulative Retained Excess Cash Flow Amount means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for all Excess Cash Flow Periods ending after the Closing Date and prior to such date.

  • Consolidated Return means a Tax Return filed with respect to Federal Income Taxes for the Consolidated Group.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • 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.

  • Pre-Tax Earnings means the Corporation's earnings before income taxes as reported in the Company's Consolidated Income Statement for each fiscal year of the Performance Period, excluding any non-cash charge incurred in accordance with accounting principles generally accepted in the United States of America (GAAP) for any restricted stock or restricted stock unit awards granted during the Performance Period and all options, restricted stock and other equity compensation granted to Directors during the Performance Period.

  • Combined Tax Return means a Tax Return filed in respect of U.S. federal, state, local or non-U.S. income Taxes for a Combined Group, or any other affiliated, consolidated, combined, unitary, fiscal unity or other group basis (including as permitted by Section 1501 of the Code) Tax Return of a Combined Group.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Period means, with respect to any Tax, the period for which the Tax is reported as provided under the Code or other applicable Tax Law.

  • Post-Distribution Tax Period means a Tax year beginning and ending after the Distribution Date.

  • Company Returns is defined in Section 3.15(a) of the Agreement.

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

  • Straddle Tax Period means a Tax period that begins on or before the Closing Date and ends thereafter.

  • Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.

  • Assumed Tax Liability means, with respect to any Member, an amount equal to the excess of (i) the product of (A) the Distribution Tax Rate multiplied by (B) the estimated or actual cumulative taxable income or gain of the Company, as determined for federal income tax purposes, allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, less prior losses of the Company allocated to such Member (or its predecessor) for full or partial Fiscal Years commencing on or after January 1, 2021, in each case, as determined by the Manager and to the extent such prior losses are available to reduce such income over (ii) the cumulative Tax Distributions made to such Member after the closing date of the IPO pursuant to Sections 4.01(b)(i), 4.01(b)(ii) and 4.01(b)(iii) and, if applicable with respect to such Fiscal Year, pursuant to Section 4.1(a) of the Previous LLC Agreement; provided that, in the case of the Corporation, such Assumed Tax Liability (x) shall be computed without regard to any increases to the tax basis of the Company’s property pursuant to Sections 734(b) or 743(b) of the Code and (y) to the extent permitted under the Credit Agreements and applicable Law, shall in no event be less than an amount that will enable the Corporation to meet both its tax obligations and its obligations pursuant to the Tax Receivable Agreement for the relevant Taxable Year; provided further that, in the case of each Member, and for the avoidance of doubt, such Assumed Tax Liability shall take into account any Code Section 704(c) allocations (including “reverse” 704(c) allocations) to the Member.

  • Pre-Distribution Tax Period means any taxable period (or portion thereof) that ends on or before the Distribution Date.

  • Tax Attribute means a net operating loss, net capital loss, unused investment credit, unused foreign tax credit, excess charitable contribution, general business credit or any other Tax Item that could reduce a Tax.

  • Investment Return means the investment return payable in respect of the Bond in accordance with Clause 5 Returns.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Transaction Tax Deductions means any Tax deductions relating to (i) any pay down or satisfaction of Company Indebtedness or other Indebtedness, (ii) the payment or incurrence of any Transaction Expenses or Transaction Bonus Payments and (iii) any other deductible payments attributable to the Contemplated Transactions economically borne by the Seller. For this purpose, any success-based fees shall be treated as deductible in accordance with Rev. Proc. 2011-29.

  • Erroneous Payment Return Deficiency has the meaning assigned to it in Section 14.14(d).

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

  • Income Tax Returns means all Tax Returns relating to Income Taxes.