FFO Per Share definition

FFO Per Share means, with respect to each diluted share of beneficial interest in PREIT, “funds from operations” of PREIT for its fiscal year ending December 31, 2013, as reported to the public by PREIT after the end of the fiscal year.

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FFO Per Share means, with respect to each diluted share of beneficial interest in PREIT, “funds from operations” of PREIT, as reported to the public by PREIT for 2008.

FFO Per Share means FFO per share (computed in accordance with generally accepted accounting principles), as calculated in accordance with the standards established by the National Association of Real Estate Investment Trusts and in a manner generally consistent with the FFO per share calculations set forth in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and/or any supplemental information filed in connection therewith.

Examples of FFO Per Share in a sentence

• Subject to clauses (b), (c) and (d) and Section 2 below, the Shares shall vest based on the Company’s FFO Per Share performance for the FFO Performance Period and the Company’s Relative TSR Performance (as defined below) for the TSR Performance Periods.

• Payout Level FFO Per Share Performance for the FFO Performance Period FFO Performance Multiplier The Administrator retains the discretion to adjust the FFO Performance Multiplier to address events or circumstances that are extraordinary or unusual in nature or infrequent in occurrence or that otherwise have an unintended effect on the calculation of the FFO Performance Multiplier, including, without limitation, debt or equity financings and pandemic-related events.

• The “FFO Performance Multiplier” means, for the FFO Performance Period, the performance multiplier determined pursuant to the chart below based on the Company’s FFO Per Share performance for such FFO Performance Period.

• If the Company achieves FFO Per Share performance that falls between the foregoing levels, the FFO Performance Multiplier will be determined by linear interpolation between the applicable levels.

• If a vesting opportunity in one or more years is not achieved, but if by reason of subsequent performance no later than December 31, 2007, FFO Per Share and Shareholder Return reach levels they would have reached had vesting criteria been satisfied in earlier years, then the applicable percentage of Performance Shares and related Stock Rights DEs shall be issued on a catch-up basis.

More Definitions of FFO Per Share

FFO Per Share for any Contract Year or for any calendar quarter shall equal the amount of the Funds From Operations for such period, divided by the Weighted Average Number of Shares Outstanding for such period.

FFO Per Share for any year means the Company's funds from operations per share on a diluted basis for the year, computed on a basis consistently applied and as publicly reported by the Company. If the Company changes the manner in which it computes FFO Per Share for any year, the Committee shall adjust FFO Per Share for the previous year as appropriate in order to achieve comparability of results.

FFO Per Share means, with respect to each diluted share of beneficial interest in PREIT (a “Share”), “funds from operations” of PREIT, as reported to the public by PREIT for 2006. However, the Threshold, Target and Outperformance levels set forth in this award with respect to the achievement of specified levels of FFO Per Share may be modified by the Committee, after consultation with an independent compensation consultant selected by the Committee, in the event that PREIT acquires, directly or indirectly, by purchase or business combination, properties or businesses to a greater extent than contemplated in PREIT’s 2006 business plan.

FFO Per Share for any calendar year shall mean "funds from operations" of the Trust for such year, as such amount is calculated and publicly disclosed by the Trust from time to time, divided by the average number of Common Shares and Equivalents outstanding during such calendar year.

FFO Per Share for any calendar year (or portion thereof) means the "Funds From Operations" (as hereinafter defined) of the Company for such calendar year (or such portion), as shown in the financial statements prepared in the ordinary course of business in accordance with the guidelines of the National Association of Real Estate Investment Trusts ("NAREIT"), divided by a number equal to the weighted average number of fully diluted shares during such year as shown on such financial statements without giving effect to any stock splits, stock dividends or similar events.

FFO Per Share for any fiscal year, means (i) the Company’s consolidated net income, computed in accordance with generally accepted accounting principles in the United States, before gain or loss on sale of properties, acquisition costs and extraordinary items, depreciation, amortization, impairment charges and other non-cash items, including the Company’s pro rata share of the funds from operations (determined in accordance with this clause) for such fiscal year of (A) any unconsolidated subsidiary and (B) any entity for which the Company accounts by the equity method of accounting, divided by (ii) the weighted average number of Common Shares outstanding on a diluted basis during such fiscal year; and (d) “Transferred Assets” means the assets owned by the Company and its subsidiaries as of October 12, 1999. Notwithstanding anything in this Section 10 to the contrary, with respect to any consolidated asset acquired by the Company or any of its subsidiaries from a RMR Managed Company (as that term is defined in Section 12 below), the “Annual Average Invested Capital” thereof on the date of acquisition shall equal the gross book value thereof (including acquisition related costs and costs which may be allocated to intangibles or are unallocated), before reserves for depreciation, amortization, impairment charges or bad debts and other similar noncash items, on the books of the RMR Managed Company transferring such asset immediately prior to acquisition thereof by the Company and all subsequent adjustments shall be based on such initial book value. Unless the Company and the Manager otherwise agree, the Management Fee shall be computed and payable by the Company on a year to date basis within thirty (30) days following the end of each fiscal month. These computations shall be based upon the Company’s monthly or quarterly financial statements, as the case may be, and shall be in reasonable detail. The Incentive Fee shall be computed and payable by the Company within thirty (30) days following the public availability of the Company’s annual audited financial statements for each fiscal year. A copy of the computations shall promptly be delivered to the Manager accompanied by payment of the Fees shown thereon to be due and payable. The aggregate Fees payable for each fiscal year shall be subject to adjustment as of the end of that year. On or before the 30th day after public availability of the Company’s annual audited financial statements for each fiscal year, the Company shal...

FFO Per Share means the FFO for a Bonus Year divided by the average number of shares outstanding for such Bonus Year;