Hurdle Return definition

Hurdle Return means, in respect of the relevant month, 8.0% on a per annum basis.

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Hurdle Return means the performance of the one month SONIA (SONIA1M IR) over the course of the Performance Period.

Hurdle Return shall have the meaning set forth in Section 9(a)(ii)(F).

Examples of Hurdle Return in a sentence

• For the avoidance of doubt, any such distributions shall first be applied to reduce the Hurdle Price until the Hurdle Return Value is zero and shall not again count as a distribution for purposes of this Section 9.

• For example, if the Unit Return Value of an LTIP Unit is $20, and the Hurdle Return Value is $10, then the Hurdle Fraction shall be 50%, and such LTIP Unit shall be entitled to convert into only 50% of the number of Common Units that such LTIP Unit would be entitled to convert into under Article XVI of the Partnership Agreement in the absence of this Section 10(a).

• If the Refinancing lender’s appraised value is not sufficient to meet the Conversion Hurdle Return or if the Refinancing lender disapproves of the tenancy in common structure, the Refinancing may proceed in accordance with Section 6.05(d).

• For example, if the Unit Return Value of an LTIP Unit is $20, and the Hurdle Return Value is $10, then the Hurdle Fraction shall be 50%, and such LTIP Unit shall be entitled to convert into only 50% of the number of Common Units that such LTIP Unit would be entitled to convert into under Article XVI of the Partnership Agreement in the absence of this Section 9(a).

• The Class F Performance Fee payable with respect to any Class F Common Share that is outstanding less than a full calendar year shall be calculated based on the Class F Performance Fee Income and Class F Hurdle Return for the period the Class F Common Share was outstanding.

More Definitions of Hurdle Return

Hurdle Return a compound eight per cent. (8%) return per annum on the aggregate equity and shareholder debt invested in LuxCo1 at Closing and thereafter and compounded annually on a pro rata basis, including, in each case, the principal value of all amounts invested or paid at Closing and thereafter;

Hurdle Return means the minimum amount of return that the Client requires “Inflow” means the net additions to the Portfolio by the Client during the *month/ quarter / year or theshorter period. “Outflow” means the net redemptions from the Portfolio by or to the Client during the *month/ quarter /year or the shorter period. “Valuation Day” means the last Business Day of the *month/ quarter / year / the shorter period or the other Business Day as determined by the Investment Manager. “Business Day” means a day (other than Saturday and Sunday) on which banks in Hong Kong are open for normalbanking business or such other day(s) the Investment Manager may determine from time to time. The NAV/NAV Highest of the Portfolio on the Valuation Day/termination date and the value of any addition or redemption shallbe determined by Evergrande Securities (Hong Kong) in its sole discretion. *Please circle the appropriate option

Hurdle Return means, as of any date, the product of (a) the Base Amount, and (b) the Hurdle Rate, computed on the basis of a 365-day year.

Hurdle Return. An internal rate of return equal to 20% per annum, compounded annually, on the aggregate interests of (A) ▇▇ ▇▇ and M&M Vehicle, L.P. in the Partnership, and (B) ▇▇▇▇▇ & McLennan Risk Capital Holdings, Ltd. in the Fund, such rate of return calculated by taking into account (I) the amount and timing of Capital Contributions made by ▇▇ ▇▇ and M&M Vehicle, L.P. to the Partnership, (II) the amount and timing of capital contributions made by ▇▇▇▇▇ & McLennan Risk Capital Holdings, Ltd. to the Fund, (III) the amount and timing of all distributions to ▇▇ ▇▇ and M&M Vehicle, L.P. in respect of their Capital Contributions to the Partnership and in respect of their Points, and (IV) the amount and timing of all distributions to ▇▇▇▇▇ & McLennan Risk Capital Holdings, Ltd. in respect of its capital contributions to the Fund.

Hurdle Return means, in relation to each Limited Partner, on any date, such amount as is equal to a rate of return of eight percent (8%) per annum, compounded annually, on the excess (if any) of (a) such Limited Partner's aggregate Capital Contributions contributed to the Partnership over (b) the aggregate distributions made (or deemed to be made) to such Limited Partner.

Hurdle Return means, the opening Unit price multiplied by 9%.

Hurdle Return means, in relation to an Investment or Reference Asset as appropriate, an amount equal to an IRR of eight percent (8%) per annum upon such the Acquisition Cost of such Investment or Reference Asset as appropriate, accruing from the date of completion of the Investment or Reference Asset as appropriate, until the date of its realisation.