Examples of Performance Valuation Date in a sentence
On and after the Class I High Performance Valuation Date, the Holders of Class I High Performance Partnership Units shall be entitled to receive distributions (other than distributions upon liquidation) if, as, when and in the same amounts and of the same type as may be paid to Holders of Partnership Common Units as if each Holder of Class I High Performance Partnership Units held an equal number of Partnership Common Units originally issued on the Class I High Performance Valuation Date.
The Holders of Class I High Performance Partnership Units are entitled to receive distributions (other than distributions upon liquidation) if, as, when and in the same amounts and of the same type as may be paid to Holders of Partnership Common Units as if each Holder of Class I High Performance Partnership Units held an equal number of Partnership Common Units originally issued on the Completed Class I High Performance Valuation Date.
A class of Partnership Units is hereby designated as "Class I High Performance Partnership Units," and the number of Partnership Units initially constituting such class shall be fifteen thousand (15,000), subject to adjustment at the Class I High Performance Valuation Date, as provided in Section 3 hereof.
Except as otherwise indicated, it is assumed, for purposes of the illustration, that: (i) the Class I High Performance Valuation Date is January 1, 2001; (ii) the AIMCO Total Return is 14% per year; (iii) the Industry Total Return is 10% per year; and (iv) the weighted average market value of outstanding equity (Common Stock and Partnership Units, other than Partnership Preferred Units) during the Measurement Period is $3,000,000,000 (assumptions (i) - (iv) are referred to as the "Base Case").
Prior to the Class I High Performance Valuation Date, the Class I High Performance Partnership Units shall be owned and held solely by SMP I, L.L.C., a Delaware limited liability company ("SMP"), Richxxx X.
A class of Partnership Units is hereby designated as “Class IX High Performance Partnership Units,” and the number of Partnership Units initially constituting such class shall be five thousand (5,000), subject to adjustment at the Class IX High Performance Valuation Date, as provided in Section 3 hereof.
Except as otherwise indicated, it is assumed, for purposes of the illustration, that: (i) the Class IX High Performance Valuation Date is January 1, 2009; (ii) the Industry Total Return is less than 32.0%, resulting in a Hurdle Rate of Return of 36.8%; and (iii) the AIMCO Equity Capitalization is $4,087,976,000.
A class of Partnership Units is hereby designated as “Class I High Performance Partnership Units,” and the number of Partnership Units constituting such class, as of the date hereof, is , which reflects the effect of the previously completed adjustment as of the Class I High Performance Valuation Date (as defined in the Original HP Partnership Unit Designation and in accordance with Section 3 thereof) (the “Completed Class I High Performance Valuation Date”).
ANNEX I TO EXHIBIT K Numerical Examples of the Calculation of the Adjustment to the Number of Class I High Performance Partnership Units on the Class I High Performance Valuation Date The following table illustrates the adjustment that would be made on the Class I High Performance Valuation Date to the number of Class I High Performance Units under different circumstances.
A class of Partnership Units is hereby designated as “Class VIII High Performance Partnership Units,” and the number of Partnership Units initially constituting such class shall be five thousand (5,000), subject to adjustment at the Class VIII High Performance Valuation Date, as provided in Section 3 hereof.