Final Hurdle Rate definition

Final Hurdle Rate means a percentage consisting of the TRS Percentage; provided that if the Final Valuation Date occurs prior to January 12, 2025 as a result of a Change in Control, then for purposes of determining the Final Adjustment Factor to be used in calculating the Final Relative TRS Pool as of the Final Valuation Date, the Final Hurdle Rate shall instead be: (A) the TRS Percentage as of the date of the Change in Control (or, with respect to a Transactional Change in Control, the date of the Public Announcement of such Transactional Change in Control); divided by (B) the CoC Fraction.
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Final Hurdle Rate means a percentage consisting of the Company’s TRS Percentage over the period starting on the Effective Date and ending on the Final Valuation Date; provided that if the Final Valuation Date occurs prior to March 30, 2015 as a result of a Change in Control, then for purposes of determining the Final Adjustment Factor to be used in calculating the Final Relative TRS Pool as of the Final Valuation Date, the Final Hurdle Rate shall instead be: (A) the Company’s TRS Percentage over the period starting on the Effective Date and ending on the date of the Change in Control (or, with respect to a Transactional Change in Control, the date of the Public Announcement of such Transactional Change in Control); divided by (B) the CoC Fraction.
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Final Hurdle Rate means the rate of return which would cause the Foundation Holder Group or Acquisition Holder Group, as the case may be, to realize in respect of securities of the Company owned by such Foundation Holder Group or Acquisition Holder Group, as the case may be (but not including any transactional fees, management fees or similar fees) in cash or freely tradeable marketable securities (other than securities of the Company or its Subsidiaries) (valued at Fair Market Value measured at the time of receipt) of an Internal Rate of Return equal to or greater than 30% in respect of the aggregate amount invested by such Foundation Holder Group or Acquisition Holder Group, as the case may be, in all securities of the Company and all capital contributions to the Company (after taking into account the payment by such Foundation Holder Group or Acquisition Holder Group, as the case may be, to the Company of such Final Adjustment Amount and the payment of any Initial Adjustment Amount).
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More Definitions of Final Hurdle Rate

Final Hurdle Rate means a percentage consisting of the Company’s TRS Percentage over the period starting on the Effective Date and ending on the Final Valuation Date; provided that if the Final Valuation Date occurs prior to March 31, 2012 as a result of a Change of Control, then for purposes of determining the Final Adjustment Factor to be used in calculating the Final Relative TRS Pool as of the Final Valuation Date, the Final Hurdle Rate shall instead be the Company’s TRS Percentage over the period starting on the Effective Date and ending on the date of the Change of Control (or, with respect to a Transactional Change of Control, the date of the Public Announcement of such Transactional Change of Control) divided by the CoC Fraction.
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Related to Final Hurdle Rate

  • Hurdle Rate means the minimum annual rate of return over the Net Asset Value at launch, or the beginning of the relevant Performance Period, as applicable, that must be achieved before an Equalisation Performance Fee is applied (details of which are set out in the section headed “Unit Class Information” in the Supplement for the relevant Fund where applicable). This rate is accrued at each Valuation Point.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Compounded Reference Rate means, in relation to any RFR Banking Day during the Interest Period of a Compounded Rate Loan, the percentage rate per annum which is the Daily Non-Cumulative Compounded RFR Rate for that RFR Banking Day.

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Loans included in the Aggregate Net Collateral Balance, the number obtained by (a) summing the products obtained by multiplying (i) the Advance Rate of each Eligible Collateral Loan by (ii) such Eligible Collateral Loan’s contribution to the Aggregate Net Collateral Balance and dividing such sum by (b) the Aggregate Net Collateral Balance.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).