9% Return definition
Examples of 9% Return in a sentence
The Contingent Subordinated Disposition Fee will not be earned or paid unless and until the Stockholders have received total Distributions in an amount equal to or in excess of the sum of their aggregate Invested Capital plus the Stockholders’ 9% Return.
Date: Principal/Designee Signature and Print Name: Form med 01 | 6/24 rnl 9 Return completed form to: CMS School Nutrition Services PO Box 668847 Charlotte, NC 28266 Phone (▇▇▇) ▇▇▇-▇▇▇▇ Fax (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇.▇▇▇.▇▇.▇▇ 9154476286 * Monthly menus with carbohydrate content in grams and major food allergens are posted at ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇.▇▇▇.
If Listing has not occurred, the Performance Fee, if any, shall equal 15.0% of the amount, if any, by which (i) the Appraised Value of the Assets on the Termination Date, less the amount of all indebtedness secured by the Assets, plus the total Dividends paid to Stockholders from the Company's inception through the Termination Date, exceeds (ii) Invested Capital plus an amount equal to the Stockholders' 9% Return from inception through the Termination Date.
Expiry or termination of this Agreement for any reasons does not affect the validity or enforceability of this clause 14.10, clause 5 (Reporting and Record Keeping), clause 6 (Investigation), clause 9 (Return and Repayment of Funding (Clawback)), clause 10 (Indemnity and Liability), clause 13 (Confidentiality, Privacy and Official Information Act), clause 14.1 (Notices), clause 14.6 (No waiver) and clause 14.8 (Governing Law).
Following Listing, and as soon as practicable after determination of Market Value (defined below), any contingent liabilities for the payment of the Contingent Subordinated Disposition Fees on Assets previously sold will be earned and paid if and only if the Stockholders have received or been deemed to have received total Distributions in an amount equal to or in excess of the sum of the aggregate Invested Capital plus the Stockholders' 9% Return through the date of Listing.
The Contingent Subordinated Disposition Fee will not be earned or paid unless and until the Stockholders have received total Distributions in an amount equal to or in excess of the sum of their aggregate Invested Capital plus the Stockholders' 9% Return.
The 9% Return and the 11% Return will be payable out of the Net Cash Flow, if any, of the Partnership when distributed in accordance with Section 6.3. The 9% Return and the 11% Return will not be deemed guaranteed payments under Code §707(c).
In the event the parties cannot reach agreement by 15th of the eleventh month of the agreement, the agreement shall automatically terminate on the last day of the twelfth month of the agreement, and the Aircraft shall be returned to the Owner as defined in Section 9: Return of Aircraft Either party may terminate this agreement for convenience by providing at least 60-days’ notice to the other party.
During the period from the Effective Date until the end of the Offering Period, the 9% Return (as defined below) and the 11% Return (as defined below) will accrue on the Secondary Capital Contributions from the date of contribution until the date the Class A Limited Partner receives distributions for the full amount of the Secondary Capital Contributions (based on the daily outstanding balance and calculated in the same manner as the 9% Return and the 11% Return for all Partners).
As a material condition to ▇▇▇▇▇’▇ receipt of the benefits set forth in Section 6 hereof, ▇▇▇▇▇ acknowledges and reaffirms Section 5 (At Will Employment), Section 6(f) (re: IRC Section 409A), Section 7 (Inventions), Section 8 (Nondisclosure of Confidential Information), Section 9 (Return of Materials at Termination) and Section 10 (Non-Solicitation) of the Superseded Employment Agreement, which provisions are incorporated herein by reference and shall survive the termination of ▇▇▇▇▇’▇ employment.