Rate of Return. With respect to each Member, as of any date of determination of the aggregate amount of distributions required to cause the annually non- compounded rate of return from the date of the Investment through the date of retirement of debt: Subscriber shall receive a 15% preferred return on invested funds. During the holding period the return, will accrue and be paid quarterly beginning the second quarter from the date (quarter) of investment. Quarterly payments will commence ending with the eighth payment at which time the principal will be returned.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Rate of Return. With respect to each Member, as of any date of determination of the aggregate amount of distributions required to cause the annually non- compounded rate of return from the date of the Investment Initial Capital Contribution through the date of retirement of debt: Subscriber A investor shall receive a an 15% preferred return on invested funds. During the holding period the returnReturn, will accrue and be paid quarterly beginning the second quarter from the date (quarterdate(quarter) of investment. Quarterly payments will commence ending with the eighth fourth payment at which time the principal principle will be returned.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Rate of Return. With respect to each Member, as of any date of determination of the aggregate amount of distributions required to cause the annually non- compounded rate of return from the date of the Investment Initial Capital Contribution through the date of retirement of debt: Subscriber A investor shall receive a 15an 18% preferred return on invested funds. During the holding period the returnReturn, will accrue and be paid quarterly beginning the second quarter from the date (quarterdate(quarter) of investment. Quarterly payments will commence ending with the eighth fourth payment at which time the principal principle will be returned.
Appears in 2 contracts
Samples: Subscription Agreement, Subscription Agreement
Rate of Return. With respect to each Member, as of any date of determination of the aggregate amount of distributions required to cause the annually non- compounded rate of return from the date of the Investment Initial Capital Contribution through the date of retirement of debt: Subscriber A investor shall receive a 15an 18% preferred return on invested funds. During the holding period the returnReturn, will accrue and be paid quarterly beginning the second quarter from the date (quarter) of investment. Quarterly payments will commence ending with the eighth fourth payment at which time the principal principle will be returned.
Appears in 1 contract
Samples: Subscription Agreement
Rate of Return. With respect to each Member, as of any date of determination of the aggregate amount of distributions required to cause the annually non- compounded rate of return from the date of the Investment Initial Capital Contribution through the date of retirement of debt: Subscriber A investor shall receive a an 15% preferred return on invested funds. During the holding period the returnReturn, will accrue and be paid quarterly beginning the second quarter from the date (quarter) of investment. Quarterly payments will commence ending with the eighth fourth payment at which time the principal principle will be returned.
Appears in 1 contract
Samples: Subscription Agreement
Rate of Return. With respect to each Member, as of any date of determination of the aggregate amount of distributions required to cause the annually non- compounded rate of return from the date of the Investment through the date of retirement of debt: Subscriber shall receive a 1512% preferred return on invested funds. During the holding period the return, will accrue and be paid quarterly beginning the second quarter from the date (quarter) of investment. Quarterly payments will commence ending with the eighth payment at which time the principal will be returnedTerm is 24 months.
Appears in 1 contract
Samples: Subscription Agreement