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 Initial Capital Contribution through the date of retirement of debt: A investor shall receive an 18% 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 fourth payment at which time the 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 Initial Capital Contribution through the date of retirement of debt: A investor shall receive an 1815% 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 fourth payment at which time the 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 Initial Capital Contribution Investment through the date of retirement of debt: A investor Subscriber shall receive an 18a 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 fourth eighth payment at which time the principle principal will be returned.
Appears in 2 contracts
Samples: Project Specific Subscription Agreement, Project Specific 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 Initial Capital Contribution through the date of retirement of debt: A investor shall receive an 1815% preferred return on invested funds. During the holding period the Return, will accrue and be paid quarterly beginning the second quarter from the date(quarterdate (quarter) of investment. Quarterly payments will commence ending with the fourth payment at which time the 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 Initial Capital Contribution Investment through the date of retirement of debt: A investor Subscriber shall receive an 18a 12% 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 fourth payment at which time the principle will be returnedTerm is 24 months.
Appears in 1 contract
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 Initial Capital Contribution through the date of retirement of debt: A investor shall receive an 18% preferred return on invested funds. During the holding period the Return, will accrue and be paid quarterly beginning the second quarter from the date(quarterdate (quarter) of investment. Quarterly payments will commence ending with the fourth payment at which time the principle will be returned.
Appears in 1 contract
Samples: Subscription Agreement