MOIC means the multiple of Blackstone’s aggregate invested equity capital in the Company since its initial investment in the Company through the date of determination as determined by the Board based on an analysis provided by the Company’s management. It being understood that the invested capital on the date hereof equals $792 million.
MOIC means as of the date of a Change in Control, the quotient obtained by dividing (i) the Advent Cash Amounts by (ii) the Advent Investment Amount.
MOIC means the Ministry of Industry and Commerce of Bahrain.
More Definitions of MOIC
MOIC means, as of any date of determination, the quotient obtained by dividing (i) the Advent Cash Amounts by (ii) the Advent Investment Amount.
MOIC means the Recipient’s Ministry of Industry and Commerce and any successor thereto;
MOIC means Multiple on Invested Capital
MOIC means as of each Measurement Date, the multiple equal to the ratio of (i) the amount of all Cash Consideration received on or prior to such Measurement Date, to (ii) the amount of all Invested Capital contributed on or prior to such Measurement Date.
MOIC means the return to the Investors on the Investor Investment of a multiple of the Investor Investment at any date for determination thereof determined by dividing (i) the aggregate amount of cash received by the Investor as a return on the Investor Investment that have been distributed to the Investors in respect of all Investor Investments, assuming all Investor Investments were purchased by one Person and were held continuously by such Person, on or prior to the date of such determination by (ii) the aggregate amount invested by the Investors for all Investor Investments.
MOIC means, with respect to a share of Series A-1 Preferred Stock and Series A-2 Preferred Stock, a multiple on invested capital equal to the quotient determined by dividing (A) the sum of (w) the aggregate amount of all Dividends made in cash with respect to such share of Series A-1 Preferred Stock and Series A-2 Preferred Stock on or prior to the applicable date of determination (other than any Dividends paid in cash in respect of any Non-Compliance Step-Up) plus (x) 100% of the Stated Value and Accrued Dividends with respect to such share of Series A-1 Preferred Stock and Series A-2 Preferred Stock (other than any portion of the Accrued Dividends attributable to any Non-Compliance Step-Up) plus (y) 100% of the accrued but unpaid Dividends as of such date with respect to such share of Series A-1 Preferred Stock and Series A-2 Preferred Stock (other than any portion of accrued but unpaid Dividends attributable to any Non-Compliance Step-Up), plus (z) the applicable premium paid in accordance with Section 6(a) with respect to such share of Series A-1 Preferred Stock and Series A-2 Preferred Stock by (B) the Stated Value.
MOIC means with respect to a Class B Preferred Member in respect of any Class B Preferred Share held by such Class B Preferred Member as of any time of determination, the number obtained by dividing: (i) the cumulative amount of cash distributions or redemption payments that such Class B Preferred Member and such Class B Preferred Member’s predecessors in interest have received in respect of such Class B Preferred Share in accordance with the provisions of this Certificate (including, for the avoidance of doubt, all cash dividends and redemption payments in respect of any Class B Preferred PIK Share issued by reference to such Class B Preferred Share); by (ii) the Class B Preferred Share Amount referable to such Class B Preferred Share, provided that, for the purpose of calculating the MOIC on the Initial and Released Class B Preferred Shares, all cash dividends and redemption payments received by the holders thereof, shall be deemed to have been received pro rata by all such holders;