Cumulative Return. For the period for which the calculation is being made, the percentage resulting from dividing (A) the total Distributions for such period (not including Distributions out of Cash from Sales and Financings), by (B) the product of (i) the average Adjusted Investor Capital for such period (calculated on a daily basis), and (ii) the number of years (including fractions thereof) elapsed during such period. Notwithstanding the foregoing, neither the Shares received by the Manager or its Affiliates for any consideration other than cash, nor the Distributions in respect of such Shares, shall be included in the foregoing calculation.
Appears in 6 contracts
Samples: Asset Management Agreement (W P Carey & Co LLC), Asset Management Agreement (Corporate Property Associates 16 Global Inc), Asset Management Agreement (Carey W P & Co LLC)
