Common Return definition

Common Return means, with respect to the Common Member, a ten percent (10%) annual return on the Common Member’s Unreturned Capital Contributions.
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Common Return means, collectively, the Class A Common Return and the Class B Common Return.
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Common Return means a cumulative amount equal to an annual rate of 3-Month LIBOR plus a margin equal to 2.78% until August 19, 2010 and thereafter an annual rate of 3-Month LIBOR plus a margin equal to 3.78% accruing from the Closing Date on the Common Accreted Amount of the Managing Member Interest, in each case on a quarterly basis. The Common Return shall be calculated on the basis of a 360-day year and the actual number of days elapsed in each quarter.
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Examples of Common Return in a sentence

  • Distributions of cash shall be made to the Common Partners pro rata based on relative Common Return Interests and on the basis of and solely to the extent of cash distributions actually paid to the Partnership with respect to the Common Return Units (as such term is defined in the Subsidiary REIT Agreement).

  • This Certifies that [ ] is the owner of fully paid Common Return Interests in TexMark Timber Treasury, L.P. (the “Company”), transferable only on the records of the Company by the holder hereof, in person or by a duly authorized attorney-in-fact, upon surrender of this Certificate properly endorsed or assigned.

  • Company is authorized to issue Shortfall Return Units, Preferred Return Units, Common Return Units and Residual Units (collectively, “Other Units”) to Member or as required by Section 5.7 of the Member LP Agreement in such number as determined by the Board or this Agreement.

  • Units represent, in respect of a Member, the Membership Interest of a Member in Company at any particular time, whether classified as Shortfall Return Units, Preferred Return Units, Common Return Units, Residual Units, Class A Preferred Units or Excess Units.

  • In addition to the rights provided under this Agreement with respect to any Partnership Interests, Common Return Interests shall entitle the holder thereof to the distributions provided in Section 3.4 hereof.

  • With respect to any Capital Event, the General Partner shall use commercially reasonable efforts to make distributions with respect to all Shortfall Return Interests, Preferred Return Interests, Common Return Interests and Residual Interests representing Capital Event Proceeds with respect to such Capital Event within forty-five (45) days after receipt of such Capital Event Proceeds as provided in this Article 3.

  • In connection with the determination of the amount of distributions of Distributable Cash Flow with respect to the Common Return Units in accordance with Section 3.4, Company shall record in its books and records and track the Common Return Balance and the Common Contribution Balance.

  • Nothing herein shall diminish Escrow Agent's obligation to apply the full amount of the Holdback in accordance with the terms of this Agreement.

  • Company shall distribute Distributable Cash Flow with respect to Common Return Units as provided in this Section 3.4. “Distributable Cash Flow” with respect to any Fiscal Quarter or any Capital Event means the amount of Net Available Cash for such Fiscal Quarter or Capital Event, less the amounts distributed pursuant to Section 3.3 with respect to such Fiscal Quarter or such Capital Event.

  • If on and as of the Flip Date (1) the Preferred Equity has not been redeemed in its entirety and (2) the accrued (and compounded) Preferred Return and the accrued (and compounded) Class A Common Return have not been paid in full, then commencing on and as of the Flip Date and continuing until the Priority Payment Cessation Date, the Class B Common Equity will accrue a return at a rate of 10% per annum, compounded annually to the extent unpaid (the "CLASS B COMMON RETURN").