Net Invested Capital definition

Net Invested Capital. : means the total amount of non-financial assets, net of non-financial liabilities;
Net Invested Capital means Invested Capital multiplied by a fraction: (a) the numerator of which is the dollar amount of all capital commitments to the Partnership other than capital commitments as to which the Partnership will not charge a management fee or carried interest; and (b) the denominator of which is all capital commitments to the Partnership, all as of the last business day of the quarterly period as to which the Management Fee is being calculated.
Net Invested Capital. Net Invested Capital" means the excess, if any, of (i) the aggregate amount of the Subscribed Capital actually contributed by a Partner to the Partnership over (ii) the aggregate amount distributed to such Partner pursuant to Section 3.01(b)(i) below from time to time.

Examples of Net Invested Capital in a sentence

  • Net Invested Capital is defined as total shareholders’ equity (excluding accumulated other comprehensive income) plus total external long and short-term debt (excluding non-recourse debt) minus cash, current and non-current marketable securities in excess of US $1.0 billion.

  • ROIC is calculated based on the average Net Invested Capital reported for the previous five quarters.

  • ROIC is calculated by dividing full year corporate net earnings attributable to Fluor Corporation from continuing operations (excluding after-tax net interest) by Net Invested Capital.

  • Notwithstanding --------------------------------------------- Sections 7.1 and 7.2 of this Agreement, the Limited Expenses required to be paid by the Company shall be limited to an aggregate amount per year equal to the greater of (i) 2% of the Average Net Invested Capital of the Company and (ii) 25% of its Net Income for that year.

  • Shall mean an eleven percent (11%) annual return on the average daily balance of Net Invested Capital.


More Definitions of Net Invested Capital

Net Invested Capital means Capital Contributions reduced by cumulative distributions of Capital Receipts to the Partners pursuant to Sections 4.06(ii) and 4.07A(ii). For purposes of determining the average daily outstanding Net Invested Capital under this Agreement, the Capital Contributions of the Partners shall be deemed to have been made on July 22, 1990.
Net Invested Capital means the sum of the Limited Partner’s Initial Capital Contributions and Additional Capital Contributions (if any) reduced, as and when made, by the amount of distributions to the Limited Partner pursuant to Sections 3.03(a) and 3.03(b)(i) which, pursuant to Section 3.03(c), are treated as a return of the Limited Partner’s Net Invested Capital.
Net Invested Capital means the presentation (although not necessarily the specific numbers shown) in Annex B.
Net Invested Capital. With respect to any Partner at any time, the excess, if any, of the sum of such Partner’s aggregate Capital Contributions (excluding any Capital Contributions used to pay any Management Fee) made prior to such time plus those amounts drawn and outstanding under any Subscription Facility in lieu of Capital Contributions from such Partner (excluding any amounts drawn to pay any Management Fee), over the aggregate amount of (i) Distributable Cash distributed constituting capital proceeds from Dispositions and (ii) any Capital Contributions invested in an Investment to the extent there has been a permanent and complete write-off for U.S. federal income tax purposes of the Investment. For the avoidance of doubt,
Net Invested Capital means, as determined as of the Distribution Date, the amount of the Allocable Capital Contribution with respect to a Real Estate Asset minus the amount of Disposition Expenses with respect to such Real Estate Asset, as reasonably determined by the General Partner.
Net Invested Capital means, with respect to each Member, as of any time, the Capital Contributions made by such Member as of such time, less the cumulative distributions previously made to such Member pursuant to Section 5.1A hereof.
Net Invested Capital means (i) the total aggregate amount of Cash lent by a