Investment Multiple definition

Investment Multiple means, the ratio of accumulated Net Cash Income to accumulated Investment by the Contractor, as determined in accordance with Appendix D.

Investment Multiple means, the ratio of accumulated Net Income to accumulated Investment by the Contractor, as determined in accordance with Appendix D to be rounded off to 3 decimal places.

Investment Multiple means the multiple of a Holder’s principal investment evidenced by the Issuer’s Note(s) purchased by the Holder that the Issuer pays to the Holder on or before the Maturity Date. For example, the obligations of the Issuer to a Holder purchasing $1,000 in Note(s) having an Investment Multiple of 1.5x are satisfied when the Holder receives a total of $1,500 in payment on the Note(s).

Examples of Investment Multiple in a sentence

• A Party’s share of Profit Petroleum in any Year, shall be calculated on the basis of the Investment Multiple actually achieved by the Contractor at the end of the preceding Year for the Contract Area as provided in Appendix-D.

• A Party's share of Profit Petroleum in any Year, shall be calculated on the basis of the Investment Multiple actually achieved by the Contractor at the end of the preceding Year for the Contract Area as provided in Appendix-D.

• In accordance with the provisions of Article 16, the share of the Government and the Contractor respectively of Profit Petroleum from the Contract Area in any Year shall be determined by the Investment Multiple earned by the Contractor from the then Petroleum Operations at the end of the preceding Year.

• The Government share Z% shall be calculated by interpolation as under: Z = a + [(b – a) * (X – 1.5)/2] Where ‘a’ denotes Government share under Article 16.2.1; ‘b’ denotes Government share under Article 16.2.2; ‘b’ should always be higher than ‘a’; ‘X’ denotes Investment Multiple of Contractor at the end of preceding Year, rounded off to three decimal places.

• Consequentially, profit petroleum pertaining to the said Block for the year ended 31 March,2019 and 31 March, 2020 and applicable Investment Multiple calculated based on management’s cost oil computation (resulting into Government’s share of profit petroleum @ 40% for DA-1 & DA-2 and @20% for DA-3 for FY 2019 & FY 2020), remains provisional.

More Definitions of Investment Multiple

Investment Multiple means, with respect to any Liquidity Event in respect of an Investment, a fraction, the numerator of which is Investment Proceeds in respect of such Investment, and the denominator of which is an amount equal to (a) the Investment Cost for such Investment plus (b) Allocable Management Fees for such Investment plus (c) Unreturned Investment Costs, if any, in respect of any Realized Investment plus (d) the Unapplied Net Unrealized Loss as of such date

Investment Multiple has the meaning given to that term in Section 11 of the Warrant Agreement, except that proceeds not actually received shall not be deemed to have been received.

Investment Multiple means 1.7x. If the Issuer is prepaying (i) the Total Payment at least 54 months prior to the Maturity Date, the Investment Multiple means 1.65x, or (ii) if the Issuer is prepaying the Total Payment at least 48 months prior to the Maturity Date, the Investment Multiple means 1.6x.

Investment Multiple means 1.4x. If the Issuer is prepaying the Total Payment 36 months prior to the Maturity Date, the Investment Multiple means 1.3x.

Investment Multiple means, in relation to any Development Area, the ratio of accumulated Net Cash Income from the Development Area to accumulated investment in the Development Area, earned by the Companies as determined in accordance with Appendix 'D'.

Investment Multiple means 1.4x. If the Issuer pays within 36 months, it is 1.3x.

Investment Multiple means, in relation to the Contract Area, the ratio of accumulated Net Cash Income from the Contract Area to accumulated Investment in the Contract Area, earned by the Companies, as determined in accordance with paragraphs 3-7 of Appendix D”.