Examples of Net MOIC in a sentence
Given these costs, fees and expenses are in aggregate expected to be considerable, Total Net Value and Net MOIC will be materially less than Gross Unrealised Value and Gross MOIC.
The governors gained a new level of responsiveness to local grievances, as they could dig culverts and trenches, grade pitted roads, and build earthen barriers to delimit land dispute resolutions.
The Performance Guarantee furnished by the successful Bidder shall be in the manner prescribed at Annexure-IV.
Net MOIC is calculated at the fund level and does not reflect net MOIC at the individual investor level.
Given these costs and expenses are in aggregate expected to be considerable, Total Net Value and Net MOIC will be materially less than Gross Unrealized Value and Gross MOIC.
The transaction resulted in gross proceeds to REL of $86.7 million and implied a Gross MOIC(1) of 1.8x (Net MOIC of 1.6x) and Gross IRR(1) of 74 per cent.
Net IRR and Net MOIC are not presented for Siris I-Core or Siris I, including Cosmos Bank, as the applicable portfolio investments were not part of a single fund and no management fees and/or carried interest were paid.
Please reference “Appendix - Footnotes” for important considerations regarding the evaluation of aggregate performance including co-investments and Net IRR and Net MOIC calculations (including pro forma calculations)For track record returns including a complete list of all portfolio investments, please see Siris LP Presentation “Appendix – Fund Performance Detail.” Returns include unrealized valuations.
On a quarterly basis, compile a list of the overall Limited Partners Gross IRR, Net IRR, Gross TVPI, Gross MOIC, Net TVPI, & Net MOIC for each investment, only if the amounts are reported by the investment managers and general partners in their ongoing Limited Partner correspondence.
In order for the Restricted Stock Units to vest pursuant to Section 5(a) of the Agreement, (a) Net IRR to the Initial Investors in the Strategic Sale Event must be 6.0% or more and (b) Net MOIC to Initial Investors in the Strategic Sale Event must be 1.50x or more.