IRR Threshold definition

IRR Threshold means the receipt by the Class B Members of an aggregate amount of distributions with respect to all of their Class B Capital Contributions (other than Class B Senior Preferred Amounts, the Retained Initial Class B Capital Contribution Amount and Non-Pre-Approved Class B Additional Capital Contributions) that are required to provide each Class B Member an eight percent (8%) IRR.
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IRR Threshold. As defined in Section 10.3(c).
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IRR Threshold means the amount required (as described in the definition of Internal Rate of Return), at any point in time, to give the Investor an IRR greater than or equal to 25% with respect to the Investment Amount.”
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Examples of IRR Threshold in a sentence

  • The Class M Notes are, provided the IRR Threshold is met or surpassed, entitled to the IRR Class M Amount that, when payable, is paid in accordance with the Priorities of Payment and subordinated to the Rated Notes, the Class Z Notes and certain fees and expenses as set out in the applicable Priorities of Payment.

  • Incentive Collateral Management Fee The Collateral Manager will be entitled to an Incentive CollateralManagement Fee on each Payment Date on which the Incentive Collateral Management Fee IRR Threshold has been met or surpassed, equal to 20.0 per cent.

  • The Class M Noteholders will be entitled to IRR Class M Amounts on each Payment Date on which the IRR Threshold has been met or surpassed.

  • Class M Noteholder Amount The Class M Notes will be entitled to an IRR Class M Amount oneach Payment Date on which the IRR Threshold has been met or surpassed, being an amount equal to the Incentive Distribution Amount.

  • Incentive Collateral Management FeeAfter having met or surpassed the Incentive Collateral Management Fee IRR Threshold of 12.0 per cent., 20.0 per cent.

  • There can be no assurance that the Collateral Debt Obligations and Eligible Investments securing the Notes will in all circumstances generate sufficient Interest Proceeds to make timely payments of interest on the Notes, that any particular levels of return will be generated on the Subordinated Notes or, provided the IRR Threshold has been met or surpassed, payments of the IRR Class M Amounts.

  • Non-payment of such principal amounts on the Class M Notes as a result of the IRR Threshold not being met and/or insufficiency of available Interest Proceeds, Principal Proceeds and/or Collateral Enhancement Obligation Proceeds will not constitute an Event of Default (see Condition 7(q) ( Mandatory Redemption of the Class M Notes)).

  • One medical certificate, advance maternitybenefit to be allow Rs. 1000.00 as medical bonus to be given when no prenatal confinement and post natal care is provided free of charge.

  • Incentive Investment Management Fee IRR Threshold has been reached.

  • The Class M Noteholders will be entitled to IRR Class M Amounts on each Payment Date on which the Incentive IRR Threshold has been met or surpassed.


More Definitions of IRR Threshold

IRR Threshold means, in respect of any Payment Date, the threshold which is attained when all distributions on the Subordinated Notes yield an Internal Rate of Return of at least 10 per cent. per annum on the initial principal amount of the Subordinated Notes from the Closing Date to the relevant Payment Date.
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IRR Threshold means, in respect of any Payment Date, the threshold which is attained when all distributions on the Subordinated Notes yield an Internal Rate of Return of at least 12 per cent. per annum calculated on an annualised basis and on the basis of the actual number of days divided by 365 on the initial principal amount of the Subordinated Notes from the Closing Date to the relevant Payment Date.
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IRR Threshold means an IRR of 12.5%.
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Related to IRR Threshold

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • Ownership Threshold has the meaning specified in Section 2.1(a).

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Threshold means with respect to Party B: infinity.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Threshold Percentage means 15%.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • Hurdle Amount for any period during a calendar year means that amount that results in a 5% annualized internal rate of return on the Net Asset Value of the Partnership Units outstanding at the beginning of the then-current calendar year and all Partnership Units issued since the beginning of the then-current calendar year, taking into account the timing and amount of all distributions accrued or paid (without duplication) on all such Partnership Units and all issuances of Partnership Units over the period and calculated in accordance with recognized industry practices. The ending Net Asset Value of the Partnership Units used in calculating the internal rate of return will be calculated before giving effect to any allocation or accrual to the Performance Participation Interest and any applicable stockholder servicing fee expenses, provided that the calculation of the Hurdle Amount for any period will exclude any Partnership Units repurchased during such period, which Partnership Units will be subject to the Performance Participation Interest upon such repurchase as described in Section 5.2(c).

  • Simplified acquisition threshold means the dollar amount below which a district may purchase property or services using small pur- chase methods. Districts adopt small purchase procedures in order to expedite the purchase of items at or below the simplified acquisi- tion threshold. The simplified acquisition threshold for procurement activities administered under federal awards is set by the FAR at 48 C.F.R. Part 2, Subpart 2.1 [see below]. The district is responsi- ble for determining an appropriate simplified acquisition threshold based on internal controls, an evaluation of risk, and its docu- mented procurement procedures. However, in no circumstances can this threshold exceed the dollar value established in the FAR

  • Indemnification Threshold has the meaning set forth in Section 11.5.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Required Capital Level means an amount of capital equal to 0.5% of the initial principal amount of the Securitization Bonds.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Dividend Threshold Amount has the meaning set forth in Section 5.04(a).

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating from S&P of “BBB+”.

  • Threshold Period shall have the meaning set forth in Section 6(d).

  • Required Capital Amount means $5,000,000.

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating from S&P of “A-1”, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “A+”.

  • Minimum Percentage means 3% of the number of outstanding shares of common stock of the Corporation as provided in the most recent 1934 Act filing made by the Corporation with the SEC immediately prior to the submission of the Nomination Notice.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.