Index Return Percentage definition

Index Return Percentage means, as of any given date, the total shareholder return for the SNL US Office REIT Index (or any successor or replacement index thereto or therefor or, in the event there is no successor or replacement index, the NAREIT Office Index) from the Grant Start Date through such given date, expressed as a percentage and calculated in a manner consistent with TSR calculations under this Agreement.
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Index Return Percentage means, for any period, the total percentage return for the SNL Equity REIT Index from the start of such period to the end of such period, as calculated by a consultant engaged by the Committee and as approved by the Committee in its reasonable discretion for purposes of calculating the Relative Baseline.
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Index Return Percentage means, for any period, the total percentage return for the SNL Equity REIT Index from the start of such period to the end of such period, as calculated by a consultant engaged by the Committee and as approved by the Committee in its reasonable discretion for purposes of calculating the Stage One Relative Baseline, Stage Two Relative Baseline or Final Relative Baseline, as applicable.
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Examples of Index Return Percentage in a sentence

  • Represents an annual equivalent Index Return Percentage threshold based on the cumulative 3-year total percentage return for the SNL Equity REIT Index.

  • Please note that the assumed Relative TRS Pool for each 100 basis points of Company TRS Percentage above the Index Return Percentage threshold is $10 million (before application of any Adjustment Factor).


More Definitions of Index Return Percentage

Index Return Percentage means the total shareholder return for the REIT Index during the Performance Period, expressed as a percentage.
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Index Return Percentage means: (A) for any period that ends on the Valuation Date, the total percentage return for the SNL Equity REIT Index calculated by comparing (i) the value of the SNL Equity REIT Index on the Effective date to (ii) the average daily value of the SNL Equity REIT Index over the same Averaging Period used to calculate the Common Share Price for determining the Final Total Return; and (B) for any period that ends on a date other than the Final Valuation Date, the total percentage return for the SNL Equity REIT Index from the start of such period to the end of such period, in either case as calculated by a consultant engaged by the Committee and as approved by the Committee in its reasonable discretion for purposes of calculating the Final Relative Baseline. For the avoidance of doubt, the intent of the Committee is that the Index Return Percentage over the performance period be calculated using a methodology analogous in all material respects to those used for the calculation of Final Total Return. The Committee may compute the Index Return Percentage in a manner different from that set forth above to the extent deemed to be appropriate by the Committee in order to ensure such comparability and is authorized to delegate to a valuation or other expert the performance of adjusted calculations to carry out the foregoing intent.
Sample 1
Index Return Percentage means: (A) for any period that ends on the Valuation Date, the total percentage return for the SNL Equity REIT Index calculated by comparing (i) the value of the SNL Equity REIT Index on the Effective Date to (ii) the average daily value of the SNL Equity REIT Index over the same Averaging Period used to calculate the Common Share Price for determining the Final Total Return; and (B) for any period that ends on a date other than the Final Valuation Date, the total percentage return for the SNL Equity REIT Index from the start of such period to the end of such period in such a way as to be consistent with the calculation of the Final Total Return using the same logic as set forth in clause (A) above, in either case as calculated by a consultant engaged by the Committee and as approved by the Committee in its reasonable discretion for purposes of calculating the Final Relative Baseline. For the avoidance of doubt, the intent of the Committee is that the Index Return Percentage over the performance period be calculated using a methodology analogous in all material respects to those used for the calculation of Final Total Return. The Committee may compute the Index Return Percentage in a manner different from that set forth above to the extent deemed to be appropriate by the Committee in order to ensure such comparability and is authorized to delegate to a valuation or other expert the performance of adjusted calculations to carry out the foregoing intent.
Sample 1
Index Return Percentage means, for any period, the total percentage return for the NAREIT Apartment Index from the start of such period to the end of such period (assuming the cumulation of dividends paid and not the reinvestment of dividends), as approved by the Committee in its reasonable discretion for purposes of calculating the Relative Baseline.
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Related to Index Return Percentage

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

  • Reduction Percentage means the percentage rate by which the Initial Per Certificate Entitlement will reduce on a daily basis on the assumption that the daily rate will be theper annum rate specified in the Final Terms divided by 365 and applied accordingly. B.26 Investment managementNot applicable - there is no active management of the assets of the Issuer. B.27 Further issuances backed by same pool of assetsNot applicable – the Issuer will not issue further securities backed by the same pool of assets. B.29 Description of the flow of fundsSave to the extent that the Authorised Participant as subscribed for the issue of Certificates in whole or in part by the physical delivery of the relevant Precious Metal in respect of the Series (the "Underlying Precious Metal"), the net proceeds from each issue of Certificates will be used (a) to purchase the Underlying Precious Metal and (b) to pay any listing fees incurred in connection with the listing of the Certificates. The Certificates will not bear interest. On redemption, a Certificateholder will, in respect of a Certificate, receive on a date on or before the third business day following the relevant Eligible Redemption Valuation Date(being any business day) (in each case the "Settlement Date"):

  • Margin Percentage with respect to any repurchase transaction shall be 102% or such other percentage as is agreed to by Seller and the Participating Funds (except that in no event shall the Margin Percentage be less than 100%).

  • NOLV Percentage the net orderly liquidation value of Inventory, expressed as a percentage, expected to be realized at an orderly, negotiated sale held within a reasonable period of time, net of all liquidation expenses, as determined from the most recent appraisal of Borrowers’ Inventory performed by an appraiser and on terms satisfactory to Agent.

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Strike Percentage means 100%

  • Applicable ECF Percentage means, for any fiscal year, (a) 50% if the Total Leverage Ratio as of the last day of such fiscal year is greater than or equal to 6.00 to 1.00, (b) 25% if the Total Leverage Ratio as of the last day of such fiscal year is less than 6.00 to 1.00 but greater than or equal to 5.00 to 1.00 and (c) 0% if the Total Leverage Ratio as of the last day of such fiscal year is less than 5.00 to 1.00.

  • Achievement Percentage means the percentage of achievement determined by the Committee after the end of the Performance Cycle in accordance with Section 4 that reflects the extent to which the Company achieved the Performance Goals during the Performance Cycle.

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • Minimum Dilution Reserve Percentage means, at any time of determination, the product (expressed as a percentage and rounded to the nearest 1/100th of 1%, with 5/1000th of 1% rounded upward) of (a) the average of the Dilution Ratios for the twelve (12) most recent Fiscal Months, multiplied by (b) the Dilution Horizon Ratio.