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 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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IRR Threshold. As defined in Section 10.3(c).
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Examples of IRR Threshold in a sentence

  • Each time the Investment Performance Repurchase Right is available to the Optionee, all of the Green III Equity (Common Stock and Junior Preferred Stock) will be valued for purposes of determining whether the IRR Threshold has been achieved.

  • 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.

  • The Incentive Collateral Management Fee IRR Threshold as at the issue date is 12.0 per cent.The Collateral Administrator is due a collateral administrator fee of 0.01 per cent based on the aggregate note balance subject to a minimum amount of €26,500.

  • Where the Equity IRR (set out in the latest Equity IRR Report or in the latest report of the independent expert pursuant to Paragraph 2.1(B) (Preliminary Equity IRR Report)) exceeds the Equity IRR Threshold, the Generator shall pay to the DPA Counterparty a Project Gain Share Amount in an amount equivalent to thirty per cent.

  • Interest Amounts and (provided the IRR Threshold has been met or surpassed) IRR Class M-3 Amounts are due and payable in respect of the Rated Notes, the Class Z Notes and the Class M-3 Subordinated Notes on a quarterly basis prior to the occurrence of a Frequency Switch Event and on a semi-annual basis following the occurrence of a Frequency Switch Event.

  • Amount, calculation and persons responsible 4.4 Where the Sale IRR attributable to the relevant TopCo Tranche (as explained in paragraphs‌4.5 and 4.18 below) on the sale of a Qualifying Economic Interest (a "Relevant Sale") exceeds the Equity IRR Threshold, the following parties would be jointly and severally liable to make a payment to the DPA Counterparty equal to thirty per cent.

  • See further "Hedging Arrangements" below.Interest Amounts and (provided the IRR Threshold has been met or surpassed) IRR Class M-2 Amounts and IRR Class M-3 Amounts are due and payable in respect of the Rated Notes, the Class M-2 Subordinated Notes and the Class M-3 Subordinated Notes on a quarterly basis prior to the occurrence of a Frequency Switch Event and on a semi-annual basis following the occurrence of a Frequency Switch Event.

  • Where a commercial organisation is convicted of such an offence there is provision within the Regulations for the commercial organisation to be barred from participating in tenders for public contracts.

  • The Collateral Manager will be entitled to an Incentive CollateralManagement Fee on each Payment Date on which the Incentive Collateral Management Fee IRR Threshold of 12 per cent.

  • With respect to any GCI expenditures that Tenant reasonably projects will have an IRR less than 9% (“IRR Threshold”), such expenditures shall be approved in Landlord’s reasonable discretion; provided, that in each calendar year through and including 2029, Tenant and ILEC Tenant on a combined basis may make up to $60,000,000 of GCI expenditures below the IRR Threshold without Landlord’s or ILEC Landlord’s approval (“Sub-IRR Capped Expenditures”), as applicable.


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 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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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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Related to IRR Threshold

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • 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.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • 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.

  • Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).

  • 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.

  • Materiality Threshold means limits for related party transactions beyond which the shareholders' approval will be required as specified in Companies Act, 2013 and rules thereof and amendments thereto.

  • 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 means for the applicable period, an amount equal to 5.0% of the Beginning VPU.

  • 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 has the meaning set forth in Section 5(e) of this Supplement.

  • 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+”.