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 Leases owned by the Company on such date plus the amount on deposit in the Reserve Account (after giving effect to all required deposit and withdrawals therefrom, if any, on such date), over (ii) the aggregate outstanding Note Principal Balance of all Class A Not and Class B Notes 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 and payable quarterly in arrears at an annual rate equal to 1.75% of the Company’s Total Equity Base.

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

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

  • 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.

  • 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.

  • Equity fund of TSECL is calculated after allocating equity fund of TSECL in the Gross fixed assets ratio among generation, transmission and distribution business.3. The return on equity has been computed on projected paid up capital is summarized in the table given below:Transmission BusinessTable 12: Calculation of Equity Fund and Return on Equity in Rs. CroresAll figures are in Rs. Crore Equity Base for Distribution Particulars 4.

  • 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.

  • Equity Base The paid-up share capital of BLC stands at Rs. 162.86 million (approx.

  • 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.

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;

  • Company Equity Incentive Plan means the Company’s omnibus equity plan, last approved by Company Shareholders on November 6, 2018 and as proposed to be amended at the Company’s May 7, 2019 shareholders’ meeting.

  • 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.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • 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 all incentive stock options, non-statutory stock options, shares of restricted stock, restricted stock units or other incentive equity awards in respect of shares of the Company’s equity securities that have been or will be granted to you by the Company.

  • 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).

  • 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 will mean Executive’s outstanding stock options, stock appreciation rights, restricted stock units, performance shares, performance stock units and any other Company equity compensation awards.

  • 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.

  • Performance Percentage means the factor determined pursuant to a Performance Schedule that is to be applied to a Target Award and that reflects actual performance compared to the Performance Target.

  • Incentive Bonus means a bonus opportunity awarded under Section 9 pursuant to which a Participant may become entitled to receive an amount based on satisfaction of such performance criteria as are specified in the Award Agreement.

  • 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).

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Equity Award Exchange Ratio means the sum, rounded to the four decimal places, equal to (i) the Exchange Ratio, plus (ii) the quotient of (A) the Cash Consideration, divided by (B) the Parent ADS 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;

  • Parent Equity Awards means Parent Options, Parent DSU Awards and Parent PSU Awards.

  • Performance Bonus means the performance bonus in respect of each Class payable to the General Partner by the Partnership which will be equal to 20% of the product of: (a) the number of Units of that Class outstanding on the Performance Bonus Date; and (b) the amount by which the Net Asset Value per Unit of that Class on the Performance Bonus Date (prior to giving effect to the Performance Bonus) plus the aggregate value of all distributions per Unit of that Class during the Performance Bonus Term exceeds $25.00.

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

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

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