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.
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 2010.
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.
Examples of FFO Per Share in a sentence
For example, if the Company’s FFO Per Share for [2024] is $[ ], and [ ] Performance-Vest RSUs are subject to the award as determined in accordance with the Grant Notice, the number of RSUs determined pursuant to clause (1) above would be [ ] ([ ] multiplied by the applicable percentage of [ ]% corresponding to that FFO Per Share amount).
If the 409A Change in Control Event occurs on or before [March 31, 2024], the applicable percentage based on the Company’s FFO Per Share performance shall be deemed to be [ ]%.
More Definitions of FFO Per Share
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.
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 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 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 for any fiscal year shall mean (x) the Company’s consolidated net income, computed in accordance with generally accepted accounting principles in the United States, excluding gain or loss on sale of properties, acquisition costs and extraordinary items, depreciation, amortization, impairment charges and other non-cash items, (A) including the Company’s pro rata share of the funds from operations (determined in accordance with this clause) for such fiscal year of (I) any unconsolidated subsidiary and (II) any entity for which the Company accounts by the equity method of accounting (B) but not including any income, loss or funds from operations attributable to the Company’s or its subsidiaries’ equity investment in GOV or, with respect to periods following the completion of the SIR IPO, SIR, with such resulting net income amount reduced by, if applicable, the amount of any preferred share dividends declared or otherwise payable (without duplication) during such fiscal year, determined for these purposes as of the date any such preferred share dividend amounts are accrued by the Company in accordance with generally accepted accounting principles in the United States divided by (y) the weighted average number of Common Shares outstanding on a fully diluted basis during such fiscal year, provided that, for purposes of determining the Incentive Fee, FFO Per Share shall not include any income, loss or funds from operations for the Company’s 2011 and 2012 fiscal years that are attributable to the assets contributed to SIR or its subsidiaries by the Company or its subsidiaries prior to the completion of the SIR IPO; and (iv) “Foreign Assets” shall mean the consolidated assets of the Company and its subsidiaries invested, directly or indirectly, in equity interests in or loans secured by real estate and personal property owned in connection with such real estate (including acquisition related costs and costs which may be allocated to intangibles or are unallocated) located outside the United States, Puerto Rico and Canada. It is agreed and understood that, for purposes of this agreement, GOV and its subsidiaries and, with respect to periods following the completion of the SIR IPO, SIR and its subsidiaries, shall not be considered to be subsidiaries of the Company or the Company’s subsidiaries.