Equity Base definition

Equity Base means at any date the sum of -----------
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Equity Base means, with respect to the Company on any date, the amount equal to the excess of (i) the Pool Balance of the Contracts owned by the Company on such date plus the amount on deposit in the Reserve Account (after giving effect to all required deposits and withdrawals therefrom, if any, on such date), over (ii) the Aggregate Note Principal Balance on such date.
Sample 1
Equity Base means, (i) if the Company (or its successor by merger or otherwise) has a class of common equity securities listed on a National Securities Exchange, the sum of the value of all outstanding Common Units plus the liquidation preference of all outstanding preferred Partnership Units, and (ii) if the Company (or its successor by merger or otherwise) does not have a class of common equity securities listed on a national securities exchange, the Net Worth of the Partnership. For purposes of clause (i) in the preceding sentence, the value of all outstanding Common Units shall be equal to the product of (i) the number of outstanding Common Units multiplied by (ii) the Conversion Factor, multiplied by (iii) the 30 day VWAP of the REIT Shares as of the date of the most recent quarterly financial statement.
Sample 1

Examples of Equity Base in a sentence

  • The Base Management Fee shall be calculated based on the Total Equity Base at the end of the most recently completed calendar quarter and, with respect to any Equity Interests or Preferred Interests issued or repurchased during such quarter, shall be adjusted to reflect the number of days during such quarter that such Equity Interests and/or Preferred Interests, if any, was outstanding.

  • The Base Management Fee shall be calculated and payable quarterly in arrears at an annual rate equal to 1.75% of the Company’s Total Equity Base.

  • If the management fee were calculated instead as a percentage of our total assets, our base management fee would be approximately % of our total assets and, if the base management fee were calculated as a percentage of Total Equity Base, the base management fee would be approximately %.

  • Permit the ratio of the Originator's consolidated ------------------- Debt to its Equity Base to exceed the Permitted Debt to Equity Base Ratio at any time.

  • The Base Management Fee shall be calculated and payable quarterly in arrears at an annual rate equal to 1.25% of the Company’s Total Equity Base.

  • The principal components of the difference are shown in the table below Return on Equity Base return (including avg.

  • Permit the Originator's Equity Base to be less than the ----------- Minimum Permitted Equity Base at any time.

  • CODE WRL YRT CODE ---------------------------------------------------------------------------------------------------------------------------- Block 1: Policies WRL Freedom Equity Base Policy Only: (Co. 15) with Policy Protector variable Dates 6/30/96 universal life (FEP)*, -Standard FEP -F67001/F67002 -565506/565507 and prior Policy Form No. -LIPP XXX -F67501/F67509 -567503/567502 VLB.01.07.89 -Group or Sponsored FEP -F67601/F67602 -565506/565507 -Prot.

  • The Base Management Fee shall be calculated and payable quarterly in arrears at an annual rate equal to 1.50% of the Company’s Total Equity Base.

  • Our base management fee is calculated and payable quarterly in arrears at an annual rate equal to 1.75% of our Total Equity Base, as defined in the accompanying prospectus, or the NAV attributable to the common stock and the paid-in or stated capital of our preferred stock, if any.

Related to Equity Base

  • Equity Incentive Plans means any equity incentive plans for officers, employees or Directors of the Company.

  • Equity Incentive Plan means an incentive plan, or portion of an incentive plan, under which awards are granted and that falls within the scope of IFRS 2 Share-based Payment;

  • non-equity incentive plan means an incentive plan or portion of an incentive plan that is not an equity incentive plan;

  • ROIC means Return on Invested Capital and represents a ratio of Adjusted net income to Average Invested Capital. The Company believes this is a useful profitability measure as it excludes non-cash expenses (income) from both the numerator and denominator.

  • Incentive Plans means any incentive, bonus, deferred compensation or similar plan or arrangement currently or hereafter made available by Employer in which Executive is eligible to participate.

  • Equity Award means any option, restricted stock award, restricted stock unit award, stock appreciation right or other equity award to acquire shares of the Company’s common stock granted or issued to the Executive.

  • Target Bonus Amount means Executive’s target annual bonus amount in effect at the time of Executive’s Qualifying Termination (disregarding any decrease in such target annual bonus amount that constitutes a Good Reason event).

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.

  • Award Value means the value, in dollars, of an award made to a Participant and as stated in the applicable Award Agreement, which is provided under the Plan in the form of PSUs or RSUs, as the case may be.

  • Equity Awards means any stock options, restricted stock, restricted stock units, stock appreciation rights, phantom stock or other equity based awards granted by the Company to the Executive.

  • Target Bonus Percentage means, with respect to any Executive, the target bonus percentage specified for such Executive in his or her Employment Agreement.

  • Annual Incentive Plan means the Cinergy Corp. Annual Incentive Plan or any similar plan or successor to the Annual Incentive Plan.

  • Clawback Eligible Incentive Compensation means all Incentive-based Compensation Received by an Executive Officer (i) on or after the effective date of the applicable Nasdaq rules, (ii) after beginning service as an Executive Officer, (iii) who served as an Executive Officer at any time during the applicable performance period relating to any Incentive-based Compensation (whether or not such Executive Officer is serving at the time the Erroneously Awarded Compensation is required to be repaid to the Company), (iv) while the Company has a class of securities listed on a national securities exchange or a national securities association, and (v) during the applicable Clawback Period (as defined below).

  • Equity Award Exchange Ratio means the sum of (A) the Exchange Ratio and (B) the quotient (rounded to four decimal places) obtained by dividing the Per Share Cash Consideration by the Huntington Share Closing Price.

  • Stock Acquisition Date means the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such.

  • Bonus Amount means the greater of (i) the average annual incentive bonus earned by Executive from the Company (or its affiliates) during the last three (3) completed fiscal years of the Company immediately preceding Executive’s Date of Termination (annualized in the event Executive was not employed by the Company (or its affiliates) for the whole of any such fiscal year), and (ii) the Executive’s target annual incentive bonus for the year in which the Date of Termination occurs.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Bonus Payments means that portion of the bonus payments received by the

  • Company Incentive Plan shall have the meaning assigned to it in Section 1.7 hereof.

  • Incentive Fee shall have the meaning set forth in the Prospectus.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.

  • Maximum Award means as to any Participant for any Performance Period, $4 million.

  • Payout means that time at which cash distributions have been made by the Limited Partnership to the Unit Holders (together with their predecessors in interest) pursuant to Section 5.1 of the Limited Partnership Agreement (together with any distributions to such Unit Holders pursuant to Section 3.3 of the Limited Partnership Agreement), in an aggregate amount equal to the Unit Holders' Subscriptions to the Limited Partnership.