BVPS Growth Increase definition

BVPS Growth Increase means the cumulative “Increase (decrease) in fully diluted book value per share (%)” amounts as reported in the Company’s Annual Report on Form 10-K filed with the SEC, for each respective year during the Performance Period. For the avoidance of doubt, the cumulative increase shall be calculated on a compounded basis.
BVPS Growth Increase means the cumulative “Increase (decrease) in fully diluted book value per share (%)” amounts as reported in the Company’s Annual Report on Form 10-K filed with the SEC, for each respective year during the

Examples of BVPS Growth Increase in a sentence

  • The Applicable Percentage will be interpolated on a linear basis between each (i) the BVPS Growth Increase Threshold and BVPS Growth Increase Target, and (ii) the BVPS Growth Increase Target and BVPS Growth Increase Maximum.

  • For the avoidance of doubt, no BVPS Restricted Stock Units shall vest if the BVPS Growth Increase is less than [●]% and in no event shall the Applicable Percentage be greater than one hundred percent (100%).

  • For the avoidance of doubt, no BVPS Restricted Shares shall vest if the BVPS Growth Increase is less than [●]% and in no event shall the Applicable Percentage be greater than one hundred (100%).

  • For the avoidance of doubt, no BVPS Units shall vest if the BVPS Growth Increase is less than [12.5] % and in no event shall the Applicable Percentage be greater than 200%.

Related to BVPS Growth Increase

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Leverage Increase Period has the meaning specified in Section 8.11(a).

  • Annual increase means, initially, fifty-nine cents per month