Examples of JV Distribution in a sentence
In the event that the RIGS Joint Venture makes any JV Distribution, the Revolving Commitments shall be permanently reduced in an amount equal to the product of the amount of such JV Distribution multiplied by the RIGS JV Ownership Percentage.
Joint Venture Distribution Example Third Party Developer --- Scenario A: Upside --- Ownership % 90% 10%Sponsor Promote 20,000,000(1) Preferred Return - 9% 4,050,000 450,000 $ -(2) Return of Capital 9,000,000 1,000,000 -(3) 50/50 until 20% 1,350,000 150,000 1,500,000(4) 80/20 thereafter 1,800,000 200,000 500,000Total Cottonwood JV Distribution$ 20,000,000 $ 16,200,000 $ 1,800,000 $ 2,000,000Share of Total Distribution 100.0% 81.0% 9.0% 10.0% (1) Assume 5 year hold.
Joint Venture Distribution Example Third Party Developer Cottonwood JV Investment 10,000,000 9,000,000 1,000,000 Ownership % 90 % 10 % Sponsor Promote 20,000,000 (1) Preferred Return - 9% 4,050,000 450,000 - (2) Return of Capital 9,000,000 1,000,000 - (3) 50/50 Till 20% 1,350,000 150,000 1,500,000 (4) 80/20 Thereafter 1,800,000 200,000 500,000 Total Cottonwood JV Distribution 20,000,000 16,200,000 1,800,000 2,000,000 Share of Total Distribution 100.0 % 81.0 % 9.0 % 10.0 % (1) Assume 5 year hold.