Breakeven Point definition

Breakeven Point means the first time at which, as certified by the General Partners, based upon four (4) consecutive full calendar months of Partnership operation occurring after the later to occur of (i) the Admission Date or (ii) Permanent Mortgage Commencement (with each month taken individually), during which the rental income (including government subsidies) of the Partnership actually received on a cash basis (excluding prepaid rent) for each of such four (4) months shall have exceeded all the Partnership's expenses for such month on an accrual basis (including, but not limited to, (a) all operational costs and expenses, (b) all items payable in connection with any Mortgage, and (c) the funding of any reserves required by FmHA and/or pursuant to the terms of this Agreement), except for depreciation, distribu- tions of Cash Flow and Capital Transaction proceeds to the Partners and the fees payable pursuant to this Agreement. For purposes of the foregoing, expenses shall (i) include monthly payments of principal and interest in the amount specified in the Mortgage regardless of any forbearance thereof, (ii) include a ratable portion of the annual amount (as estimated by the General Partners) of those seasonal expenses (such as utilities and maintenance expense) which might reasonably be expected to be incurred on an unequal basis during a full annual period of operation, and (iii) be adjusted, if necessary, so that the expenses of real estate taxes and insurance are based on the General Partners' estimate of the full value of the Apartment Complex after completion of construction.
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Breakeven Point means the point at which all revenues for the Event are equal to all expenses for the Event (including the Loan as an Event expense) as determined by the Lender in its sole discretion.
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Breakeven Point means the first time at which, as certified by the General Partners to the Investment Limited Partner in writing, together with a statement fully disclosing the basis therefor and the manner of calculation thereof, there have been four (4) consecutive full calendar months of Partnership operation occurring after the later to occur of (i) the Admission Date or (ii) Permanent Mortgage Commencement, during which the rental income (including any government subsidies) of the Partnership actually received on a cash basis (excluding prepaid rent) for each of such four (4) months shall have exceeded all the Partnership's expenses for such month on an accrual basis (including, but not limited to, (a) all operational costs and expenses, (b) all items payable in connection with the Mortgages, and (c) the funding of any reserves required by the Lender or Agency and/or pursuant to the terms of this Agreement), except for depreciation, amortization and other non-cash charges, distributions of Cash Flow and Capital Transaction proceeds to the Partners and the fees payable pursuant to this Agreement. If free rent or other rental concessions shall have been granted to tenants, the calculation of income pursuant to the preceding sentence shall be adjusted so that the effect of such concessions is amortized equally over the term of all leases (excluding renewal periods) to which it applies. For purposes of the foregoing, expenses shall (i) include monthly payments of principal and interest in the amount specified in the Mortgages regardless of any forbearance thereof, (ii) include a ratable portion of the annual amount (as estimated by the General Partners) of those seasonal expenses (such as utilities and maintenance expense) which might reasonably be expected to be incurred on an unequal basis during a full annual period of operation, and (iii) be adjusted, if necessary, so that the expenses of real estate taxes and insurance are based on the General Partners' estimate of the full value of the Apartment Complex after completion of construction.
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Examples of Breakeven Point in a sentence

  • The LaLiga Income and Expense Budgets of Clubs/SADs included in Group A are understood to comply with the Budgetary Break-even Point when the algebraic sum - according to the positive or negative sign that is stated for each - of the different budgetary items listed in the following table is equal to or greater than zero (0).

  • The Budgets of Clubs/SADs included in Group C must comply with the same Budgetary Break-even Point as provided for those included in Group B.In any case, the Validation Body is responsible for estimating, at its discretion and based on the Creditors' Agreements of Club/SADs of similar characteristics and any other concurrent circumstances that could, in its opinion, affect the Club/SAD in question, the amount of the Resources that must be generated in Season T.

  • Clubs/SADs that have not audited their Annual Accounts for Season T-2 will not be able to calculate the Positive Results of the Profit and Loss Account for said Season T-2 to determine compliance with the Budgetary Break-even Point for Season T.

  • Clubs/SADs that - even having audited their Annual Accounts for Season T-2 - do not meet the Acceptable Economic and Financial Ratios described in Article 24 will not be able to calculate the Positive Results of the Profit and Loss Account for said Season T-2 to determine compliance with the Budgetary Break-even Point for Season T.

  • Clubs/SADs that calculate Positive Results for T-1 for compliance with the Budgetary Break-even Point, in accordance with the requirements laid down in these Standards, shall comply with the provisions of this article, adapting the references made to Season T-2 to Season T-1.

  • Assumption and Uses of Cost-Volume-Profit (CVP) Analysis; Breakeven Analysis; Computations of Breakeven Point and Shutdown Point; Graphical Approach to CVP Analysis; Margin of Safety; Degree of Operating Leverage (DOL); CVP Analysis Under Multi-Product Situations; Limitations of CVP Analysis.

  • The breakeven points can be calculated using the following formulae.·Upper Breakeven Point = Strike Price of Higher Strike Long Call - Net Premium Paid·Lower Breakeven Point = Strike Price of Lower Strike Long Call + Net Premium PaidSHORT BUTTERFLY SPREADSell 1 Call ,Buy 2 Calls and Sell 1 Call in the same manner as Long Butterfly Spread.If question is silent always assume Long Butterfly Spread.

  • Cash breakeven point is lower than the accrual accounting breakeven point It is calculated as:Cash Breakeven Point = Where, FC = fixed cost, d= depreciation or amortization, CMPU = contribution margin per unitCash flow breakeven point after tax is the point where the cash inflows after taxes are equal to cash outflows after taxes.

  • The Lender in its sole discretion shall decide what documentation is satisfactory to evidence the Breakeven Point, any Gap and any Breakeven Amount.

  • The Angel Corridor shall only become payable, if ever, on a prospective basis, and calculated based on TCL Adjusted Gross Revenue received from and after the point at which the Breakeven Point is achieved with respect to the applicable Program (calculated on a Program-by-Program basis).


More Definitions of Breakeven Point

Breakeven Point means thirty (30) days after the first time at which, as certified by the Managing General Partner to the Limited Partners in writing together with a statement fully disclosing the basis therefor and the manner of calculation thereof, there have been an average of three (3) consecutive full calendar months of Partnership operations occurring after the later to occur of (i) the Admission Date or (ii) Permanent Mortgage Commencement, during which Revenues for each of such months shall have exceeded all the Partnership's expenses for such month on an accrual basis (including, but not limited to, (a) all operational costs and expenses, (b) all items payable in connection with the Permanent Mortgages, and (c) the funding of any reserves required by any Lender or Agency and/or pursuant to the terms of this Agreement), except for depreciation, amortization and other non-cash charges, distributions of Cash Flow and Capital Transaction proceeds to the Partners and the fees payable pursuant to this Agreement. If free rent or other rental concessions shall have been granted to tenants, the calculation of income pursuant to the preceding sentence shall be adjusted so that the effect of such concessions is amortized equally over the term of all leases (excluding renewal periods) to which it applies. For purposes of the foregoing, expenses shall (i) include monthly payments of principal and interest in the amount specified in the Permanent Mortgages regardless of any forbearance thereof, (ii) include a ratable portion of the annual amount (as estimated by the General Partners) of those seasonal expenses (such as utilities and maintenance expenses) which might reasonably be expected to be incurred on an unequal basis during a full annual period of operation, and (iii) be adjusted, if necessary, so that the expenses of real estate taxes and insurance are based on the General Partners' reasonable estimate of the full assessed value of the Apartment Complex after completion of construction.
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Breakeven Point means thirty (30) days after the first time at which, as certified by the General Partners, based upon three (3) consecutive full calendar months of operation occurring after the later to occur of (i) the Admission Date or (ii) Permanent Mortgage Commencement, the rental income (including government subsidies) of the Partnership actually received on a cash basis (excluding prepaid rent) shall have exceeded all the Partnership's expenses on an accrual basis (including the funding of any reserves required pursuant to the terms of this Agreement), except for depreciation, distributions of Cash Flow and Capital Transaction proceeds to the Partners and the fees payable pursuant to this Agreement. For purposes of the foregoing, expenses shall (i) include monthly payments of principal and interest in the amount specified in the Mortgage regardless of any forbearance thereof, (ii) include a ratable portion of the annual amount (as estimated by the General Partners) of those seasonal expenses (such as utilities and maintenance expenses) which might reasonably be expected to be incurred on an unequal basis during a full annual period of operation, and (iii) be adjusted, if necessary, so that the expenses of real estate taxes and insurance are based on the General Partners' estimate of the full value of the Apartment Complex after completion of rehabilitation.
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Breakeven Point means the amount, calculated on the date of the prospectus, to which the spot market price, value or level of the underlying interest must increase in the case of call Warrants, or decrease in the case of put Warrants, for the Warrants to have a Settlement Value equal to the Issue Price;
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Breakeven Point means the first time after the later to occur of (i) the Admission Date or (ii) Permanent Mortgage Commencement, that Breakeven shall have occurred for three consecutive months.
Sample 1
Breakeven Point means thirty (30) days after the first time at which, as certified by the General Partners, based upon six (6) consecutive full calendar months of operation occurring after the later to occur of (i) the Admission Date or (ii) Permanent Mortgage Closing, with each month taken individually, the rental income (including government subsidies) of the Partnership actually received on a cash basis (excluding prepaid rent) shall have exceeded all the Partnership's expenses on an accrual basis (including the funding of any reserves required pursuant to the terms of this Agreement), except for depreciation, distributions of Cash Flow and Capital Transaction proceeds to the Partners and the fees payable pursuant to this Agreement. For purposes of the foregoing, expenses shall (i) include monthly payments of principal and interest in the amount specified in the Mortgage regardless of any forbearance thereof, (ii) include a ratable portion of the annual amount (as estimated by the General Partners) of those seasonal expenses (such as utilities and maintenance expenses) which might reasonably be expected to be incurred on an unequal basis during a full annual period of operation, and (iii) be adjusted, if necessary, so that the expenses of real estate taxes and insurance are based on the General Partners' estimate of the full value of the Apartment Complex after completion of construction.
Sample 1

Related to Breakeven Point

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Flash point means the lowest temperature of a liquid at which its vapours form a flammable mixture with air;

  • H-point means the pivot centre of the torso and thigh of the H-point machine when installed in a vehicle seat in accordance with Annex 3. Once determined in accordance with the procedure described in Annex 3, the "H" point is considered fixed in relation to the seat-cushion structure and is considered to move with it when the seat is adjusted in the X direction.

  • Demarcation Point means the point where Qwest owned or controlled facilities cease, and CLEC, End User Customer, premises owner or landlord ownership or control of facilities begin. "Designed, Verified and Assigned Date" or "DVA" means the date on which implementation groups are to report that all documents and materials have been received and are complete.

  • Reference evapotranspiration or “ETo” means a standard measurement of environmental parameters which affect the water use of plants. ETo is given expressed in inches per day, month, or year as represented in Appendix C of these Guidelines, and is an estimate of the evapotranspiration of a large field of four to seven-inch tall, cool-season grass that is well watered. Reference evapotranspiration is used as the basis of determining the Maximum Applied Water Allowances.

  • Focal point means the entity of a Party referred to in Article 5 responsible for receiving and submitting information as provided for in Articles 13 and 16;

  • Meet Point A point, designated by the Parties, at which one Party’s responsibility for service begins and the other Party’s responsibility ends.

  • Total hydrocarbons (THC) means the sum of all volatile compounds measurable by a flame ionization detector (FID).

  • Destination Point means the delivery point(s) on Carrier’s System where Product is delivered to Shipper, as such points are specified in Section III of this tariff.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • CO2 means carbon dioxide.

  • Diameter at Breast Height (DBH) means the diameter of a tree at 4 1/2 feet above the ground measured from the uphill side.

  • Connection Point means an exit point or an entry point or a bidirectional point identified or to be identified as such in an access contract.

  • Generator Forced Outage means an immediate reduction in output or capacity or removal from service, in whole or in part, of a generating unit by reason of an Emergency or threatened Emergency, unanticipated failure, or other cause beyond the control of the owner or operator of the facility, as specified in the relevant portions of the PJM Manuals. A reduction in output or removal from service of a generating unit in response to changes in market conditions shall not constitute a Generator Forced Outage.

  • Total tetrahydrocannabinol means the same as that term is defined in § 3.2-4112.

  • Residual disinfectant concentration (“C” in CT cal- culations) means the concentration of disinfectant measured in mg/l in a representative sample of water.

  • Maximum residual disinfectant level or “MRDL” means a level of a disinfectant added for water treatment that may not be exceeded at the consumer’s tap without an unacceptable possibility of adverse health effects.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Valuation Point means such time as shall be specified in the relevant Supplement for each Fund.

  • Exit Point means a border control post or any other place designated by a Member State where animals, falling within the scope of Regulation (EC) No 1/2005, leave the customs territory of the Union;

  • Total resource cost test or "TRC test" means a standard that is met if, for an investment in energy efficiency or demand-response measures, the benefit-cost ratio is greater than one. The benefit-cost ratio is the ratio of the net present value of the total benefits of the program to the net present value of the total costs as calculated over the lifetime of the measures. A total resource cost test compares the sum of avoided electric utility costs, representing the benefits that accrue to the system and the participant in the delivery of those efficiency measures, as well as other quantifiable societal benefits, including avoided natural gas utility costs, to the sum of all incremental costs of end-use measures that are implemented due to the program (including both utility and participant contributions), plus costs to administer, deliver, and evaluate each demand-side program, to quantify the net savings obtained by substituting the demand-side program for supply resources. In calculating avoided costs of power and energy that an electric utility would otherwise have had to acquire, reasonable estimates shall be included of financial costs likely to be imposed by future regulations and legislation on emissions of greenhouse gases.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Downtime means the Total Minutes in the Month during which the Cloud Service (or Servers for Server Provisioning) does not respond to a request from SAP’s Point of Demarcation for the data center providing the Cloud Service (or Server for Server Provisioning), excluding Excluded Downtime.

  • Operating pressure means the pressure at which the parts of an irrigation system are designed by the manufacturer to operate.