Multiple on Invested Capital definition

Multiple on Invested Capital means the total multiple (taking into account all allocations of profits and gains, net of all allocations of losses, deductions and nondeductible expenses) which is earned on the aggregate amount invested by the Sponsor for its Class A Units.

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Multiple on Invested Capital means, as of the date of any determination, the ratio of (a) the sum, without duplication, of (i) the aggregate amount of principal payments and amounts previously paid in cash, in each case in respect of the Note, in order to achieve the Base Return from the Closing Date through the date of determination by the Company in respect of the Loans, (ii) the aggregate amount of interest payments and commitment fees paid in cash, in each case in respect of the Note, from the Closing Date through the date of determination by the Company in respect of the Loans (other than any Post-

Examples of Multiple on Invested Capital in a sentence

• In South Africa, teen motherhood as a health and social problem has raised increasing concerns.

• Upon receipt of such notice, the Borrower will, upon demand from the Lender, prepay the Outstanding Amount in full (together with the Multiple on Invested Capital and all other Obligations outstanding under the Loan Documents) or take any necessary steps in order to avoid the activity that is unlawful.

• Vintage Wine Estates is one of the fastest growing US wine producers with an industry-leading direct-to-customer platform.MMJ’s investments generated a Multiple on Invested Capital (“MOIC”) of 1.1 times1 capital invested.

• The list should identify the follow-on investor, operating location, and indicate the date and amount of the follow-on investment.− The Internal Rate of Return on the total investment for each prior Fund.− The Multiple on Invested Capital (MOIC) for each prior Fund.

• The quantity of soil borings will be measured as the total depth in linear feet of each boring actually made use the CPT.

• MOIC Multiple on Invested Capital – a ratio intended to represent how much value an investment has returned – is calculated as realized value plus unrealized value, divided by the total amount invested.

More Definitions of Multiple on Invested Capital

Multiple on Invested Capital means, as of any date of determination a positive amount equal to [(TAP × .4) – (TR)] × (TLR ÷ TAP), where: TAP = the total aggregate principal amount of the Term Loans borrowed as of such date of determination. TR = the “Total Return”, which is the aggregate amount of interest payments (excluding any interest payments payable at the Default Rate pursuant to Section 3.02(c)) and fees received by the Lenders on or before such date of determination (including the Closing Fee and any Prepayment Fees, but excluding any return on or in respect of the Warrants). TLR = the total aggregate principal amount of the Term Loans repaid as of such date of determination.

Multiple on Invested Capital means, the quotient of (i) the sum of (A) the aggregate cash received by GA as proceeds on account of the Initial Shares in any of the Company or any “subsidiary corporation” within the meaning of Section 424(f) of the Code (collectively, the “Company Entities”) including without limitation cash received in the form of dividends, distributions or redemption payments from any of the Company Entities, (B) in connection with a Change of Control, the aggregate value of the equity of any Company Entities retained by GA and any securities or equity received by GA with respect to the Initial Shares, determined based on the same price per share received by GA in such transaction for the equity converted into cash in the transaction, or, if no cash was received in such transaction, the fair market value as determined in good faith by the Committee, and (C) in connection with a merger, sale or similar transaction with an entity other than any of the Company Entities, the aggregate value of any proceeds received by GA in respect of the Initial Shares in the form of a contingent right to receive cash and/or equity on or at a future date or time (such date of determination in this clause (C), the “Contingent Right Payment Date”); provided, however, any contingent rights, whether pursuant to an earnout, escrow or otherwise, shall be taken into account when, as and only if such rights are actually converted into cash and received by GA on the Contingent Right Payment Date; divided by (ii) the sum of (A) the Initial Investment and (B) all fees and expenses incurred by GA in connection with the transaction contemplated in the Agreement and Plan of Merger, dated as of December 11, 2018, by and among the Company, Xxxxxxx Merger Sub, Inc., Xxxxxxx Midco, LLC, Invoice Cloud, Inc. and Summit Representative, LLC, regardless of whether such fees and expenses are capitalized. For the avoidance of doubt, (1) securities or equity received by GA resulting from proceeds from the issuance of any debt security issued, or execution of any credit facility by the Company Entities, in each case, shall not for this purpose be considered for the purposes of determining the amount of the Initial Investment and (2) any loans made by GA to any of the Company Entities, and the repayment of any such loans, shall not be considered for any purposes of this Section 3(c). Notwithstanding the foregoing, if the vesting of any Option, taken together with the vesting of all other outstanding options to pu...