Net Operating Income CGR. Net Operating Income CGR" shall mean the compounded growth rate of Net Operating Income, determined by calculating the rate of interest at which Base Year Net Operating Income would have to be invested to yield the Net Operating Income for the Calculation Year in question, assuming such interest compounded annually during the period commencing with the first day of the calendar year immediately succeeding the Base Year and ending on the last day of such Calculation Year.
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Samples: Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp), Option Agreement (Mercantile Bankshares Corp)
Net Operating Income CGR. Net Operating Income CGR" ------------------------------------- shall mean the compounded growth rate of Net Operating Income, determined by calculating the rate of interest at which Base Year Net Operating Income would have to be invested to yield the Net Operating Income for the Calculation Year in question, assuming such interest compounded annually during the period commencing with the first day of the calendar year immediately succeeding the Base Year and ending on the last day of such Calculation Year.
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Net Operating Income CGR. Net Operating Income CGR" shall mean the compounded growth rate of Net Operating Income, determined by calculating the rate of interest at which Base Year Net Operating Income would have to be invested to yield the Net Operating Income for the Calculation Year in question, assuming such interest compounded annually during the period commencing with the first day of the calendar year immediately succeeding the Base Year and ending on the last day of such Calculation Year.4
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Net Operating Income CGR. Net Operating Income CGR" shall ------------------------------------- mean the compounded growth rate of Net Operating Income, determined by calculating the rate of interest at which Base Year Net Operating Income would have to be invested to yield the Net Operating Income for the Calculation Year in question, assuming such interest compounded annually during the period commencing with the first day of the calendar year immediately succeeding the Base Year and ending on the last day of such Calculation Year.
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