Return on Cost definition

Return on Cost means the definition thereof set forth on Exhibit A attached hereto.
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Return on Cost means Net Operating Income divided by Total Project Cost.
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Return on Cost means net Cash Flow divided by the sum of the Developer’s Total Development Cost less the principal amount of the TIF Note, calculated as set forth in the sample lookback calculation attached as Exhibit H.
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Examples of Return on Cost in a sentence

  • The Certified NOI (numerator) will be divided by AMLI’s Actual Certified Construction Costs (denominator) to calculate an Annual Return on Cost (ROC) for the Project.

  • If the Annual Return on Cost is below the ROC thresholds outlined in the schedule below, AMLI will be entitled to receive a grant not to exceed $1.6 million each year there is a gap between the computed Actual ROC and the Required ROC threshold.

  • If the Annual Return on Cost is below the ROC thresholds outlined in the schedule below, AMLI will be entitled to receive a grant not to exceed $1,600,000 each year there is a gap between the computed Actual ROC and the Required ROC threshold.

  • If the Annual Return on Cost is below the ROC thresholds outlined in the schedule below, AMLI will be entitled to receive a grant not to exceed $1.6 million,600,000 each year there is a gap between the computed Actual ROC and the Required ROC threshold.

Related to Return on Cost

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.