Common use of Quarterly Determinations Clause in Contracts

Quarterly Determinations. For so long as the Class B Units are held by Investor, the Managing Member will (i) calculate at least quarterly the Internal Rate of Return achieved by Investor and (ii) send Investor, within forty-five (45) days after the end of each Quarter, a report in the form of the IRR Report showing the Internal Rate of Return as of such date. The Managing Member will make its advisors available to answer any questions regarding the calculations contained in any such IRR Report.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (Nextera Energy Partners, Lp), Limited Liability Company Agreement (Nextera Energy Partners, Lp), Limited Liability Company Agreement (Nextera Energy Partners, Lp)

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