Project IRR means the rate of return that causes the net present value of all Project cash flows to be equal to zero. For this purpose, “Project cash flows” means, with respect to any period, the amount equal to (a) all Project revenues received by Developer during such period minus (b) the sum of the following (without duplication): (i) all operating expenses paid during such period (excluding those operating expenses that are paid directly under the Master Lockbox and Custodial Account Agreement, such as Transaction Fees paid to TxDOT, to the extent such amounts are not included in the Project revenues received by Developer), (ii) all major, non-routine maintenance costs (excluding those costs funded by the Handback Requirements Reserve or Handback Requirements Letter of Credit), (iii) the amount deposited in the Handback Requirements Reserve during such period, (iv) all Construction Costs and all capital expenditures paid during such period and (v) all Revenue Payment Amounts, Tolling Method Gain amounts and Refinancing Gain amounts paid to TxDOT during such period.

Project IRR means the rate of return that when used to discount pre taxation and pre financing construction and operating period cash inflows and cash outflows results in a net present value of zero.

Project IRR means the internal rate of return of the Project, before tax, as evaluated using the Reference Tariff Model.

Examples of Project IRR in a sentence

In addition the Group pays the Investment Manager a performance fee calculated by reference to the amount by which the internal rate of return on an investment project (Project IRR) exceeds certain benchmarks.
Kindly see the detailed Project IRR calculations enclosed as Annexure.Advantages of upto 2 MWe (net feed-in to the grid) Biomass Gasification Power Plants: Based on the tariff above, it may seem as if the consumer will be burdened with additional cost.
Impact of development control norms including the possibility of their modification for the subject site should also be carried out.4.1.2. Financial Model for Lease Premium:- The Consultant shall develop a financial model for the project for finding out the reasonable lease premium (or percentage share of revenue) that a developer can afford to pay ensuring minimum post tax Project IRR of 18% and Equity IRR of 22.5% or other fixed by RLDA.
The Equity IRR and the Project IRR represent the projects broad financial viability on PPP format.
Nectrus Limited, the Investment Manager, and an affiliate of the Unitech Group, receives a management fee equivalent to 2 per cent per annum of the Company's average invested equity capital paid quarterly in arrears.In addition the Group pays the Investment Manager a performance fee calculated by reference to the amount by which the internal rate of return on an investment project (Project IRR) exceeds certain benchmarks.

More Definitions of Project IRR

Project IRR means [REDACTED]% being the real pre-tax pre-financing project internal rate of return;

Project IRR has the meaning set out in Clause 6.1.7.

Project IRR means, with respect to any Capital Project, the Proposing Member’s good faith estimate of the projected unlevered, pre-tax internal rate of return to the Company (calculated using the “XIRR” function of Microsoft Excel® (using the midyear convention) or, if Microsoft Excel® is no longer supported by Microsoft Corporation, by a similar function to which the Members reasonably agree) based on the Estimated Capital Project Revenues and Estimated Capital Project Costs for such Capital Project.

Project IRR means the internal post-tax, real forecast project cash flow rate of return for the relevant Qualifying Project;

Project IRR means [REDACTED]% being the real pre-tax pre-financing project internal rate of return; Project Roads means the roads on which Works are required hereunder, being all of those roads listed in the table set out in Schedule 19; Protester means any person or persons engaged in Protester Action;

Project IRR means the internal-post-tax, real forecast project cash flow rate of return;