Total Return Hurdle. A non-compounded, pre-tax annual rate of return equal to 5%. In calculating the amounts as defined in each of the terms “Excess” and “Shortfall”, each of subsections (ii), (iii), (iv), and (v) in the respective definition of such terms, shall be a positive number if it was a deduction in calculating the Corporation’s FFO, and conversely shall be a negative number if it was an addition in calculating the Corporation’s FFO. For example, if straight-line rent and amortization of above/below-market leases was an addition in calculating the Corporation’s FFO, then it would be a negative number in calculating “Excess” and “Shortfall” above.
Appears in 6 contracts
Sources: Expense Support Agreement (StratCap Digital Infrastructure REIT, Inc.), Expense Support Agreement (StratCap Digital Infrastructure REIT, Inc.), Expense Support Agreement (StratCap Digital Infrastructure REIT, Inc.)