Equity Yield definition

Equity Yield means the amounts accrued at the Applicable Equity Rate on the outstanding balance of any Equity Contribution.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Equity Yield is defined in Section 4.1(a) of the Participation Agreement.

Equity Yield means, collectively: (i) equity securities of debtors to the Partnership (resulting from the Lending Strategies approach) obtained through the exercise of warrants, the exercise of convertible debt and/or other equity consideration in loan agreements,

Examples of Equity Yield in a sentence

• B Lenders hereby designate Administrative Agent, and Administrative Agent hereby agrees, to calculate the interest due on the Tranche B Loans, the Equity Yield and the Floating Lease Payments on each Floating Payment Date and give notice of such amounts to Lessee, Lessor, and each Tranche B Lender at least two (2) Business Days before such Floating Payment Date.

• MainStay Epoch U.S. Equity Yield Fund Class A: 1.24% Class C: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares.

• Including amortisation, the Cash Flow To Equity Yield is estimated to approximately 10.7%.

• MainStay Epoch U.S. Equity Yield Fund Expense Limitation from March 25, 2016 until April 1, 2017: Class A: 1.14% Class C: The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares.

• If all or any portion of the Equity Amounts, any Equity Yield payable thereon or any other amount payable hereunder shall not be paid when due (whether at stated maturity, acceleration thereof or otherwise), such overdue amount shall bear interest at a rate per annum which is equal to the Overdue Rate.

More Definitions of Equity Yield

Equity Yield is defined in SECTION 4.1(a) of the Participation Agreement.

Equity Yield means, with respect to any Yield Period, a percentage rate per annum equal to the LIBOR Rate for such Yield Period plus the Applicable Margin.

Equity Yield means the interest accruing and payable with respect to each ------------ Equity Loan, whether a Prime Rate Loan or a Eurodollar Loan, plus the Applicable Margin, in accordance with the provisions of Section 2.4 of the Loan Agreement. -----------

Equity Yield means equity investments in debtors to the Partnership (resulting from the Lending Strategies approach) where such investment is necessary or desirable to protect or restore interest and principal payments to the Partnership and/or position the debtor for sale.

Equity Yield means with respect to each Partner as of any date, an amount which, when added to all other amounts theretofore distributed to such Partner pursuant to Sections 7.02(b), 7.03(c), 15.03(c), 15.03(d), 15.03(e) and 15.04(c), 15.04(d) and 15.04(e), shall be sufficient for such Partner to have received an internal rate of return of 20%, determined on an annualized basis, with respect to such Partner's aggregate Capital Contribution and, with respect to the RHP Limited Partner, the RHP Amount. For this purpose, "internal rate of return" shall be calculated in accordance with the methodology set forth on Exhibit C-3 hereto. For purposes of the preceding sentence, all amounts distributed under Sections 7.02(b) and 7.03(c) shall be deemed to be first a return on such Partner's Capital Contributions and the RHP Amount at the rate of 20% and only thereafter as a return of such Partner's Capital Contributions or distribution of the RHP Amount.

Equity Yield means, with respect to each Advance of Equity Contributions made by the Owner Participant during the Construction Period and for any Yield Period with respect to each such Advance of Equity Contributions, (i) with respect to any LIBOR Rate Equity Contribution, the sum of the LIBOR Rate for such Yield Period plus the Applicable Margin or (ii) with respect to any Base Rate Equity Contribution, the sum of the Base Rate for such Yield Period plus the Applicable Margin.

Equity Yield has the meaning set forth in the Participation Agreement.