Implied Return definition

Implied Return means (a) the value of the Subadvised Assets at the beginning of the Relevant Measurement Period multiplied by the Index Return (as defined below) during the Relevant Measurement Period, plus (b) the sum of the products of (i) each additional contribution to Subadvised Assets during the Relevant Measurement Period multiplied by (ii) the Index Return from the date of such additional contribution through and including such Measurement Date, minus (c) the sum of the products of (i) each withdrawal of capital from Subadvised Assets during the Relevant Measurement Period multiplied by (ii) the Index Return from the date of such withdrawal through and including such Measurement Date.

Examples of Implied Return in a sentence

  • Whether or not the Implied Return is achieved shall be determined by the Committee and the Implied Return may be achieved whether or not a JPMP Holder is a Company shareholder at the relevant time.

  • For the avoidance of doubt, the parties hereto agree that the exclusion of VMware and its subsidiaries from the definition of “Subsidiaries” is not intended to and shall not result in any change or adjustment to the calculation of the Return, SLP Implied Return or SLP Invested Amount with respect to the DHI Securities or the amount of the Initial SLP Stockholders investments in the DHI Common Stock.

  • For the avoidance of doubt, the parties hereto agree that the exclusion of VMware and its subsidiaries from the definition of “Subsidiaries” is not intended to and shall not result in any change or adjustment to the calculation of the Return, SLP Implied Return or SLP Invested Amount with respect to the DTI Securities or the amount of the Initial SLP Stockholders investments in the DTI Common Stock.