Target Return definition

Target Return shall be equal to nine percent (9%) per annum, compounded annually.

Target Return means an unlevered 15% rate of return on incremental operating expenses and incremental capital expenses anticipated, in Gatherer’s good faith opinion, to be incurred by Gatherer in providing the Gathering Services requested in a Sole Dedication Notice with respect to Proposed Sole Dedicated Properties (such expenses, the “Subject Expenses”).

Target Return means an internal rate of return on the Series B Original Issue Price, compounded annually, from the date of the issuance of such shares until the date of a deemed liquidation event, equal to fourteen percent (14%) per annum;

Examples of Target Return in a sentence

• Investment objective and policyVontobel Fund – Target Return Balanced (the Sub-Fund) aims to achieve a steady capital growth.

• Investment objective and policyVontobel Fund – Target Return Defensive (the Sub-Fund) aims to achieve a steady capital growth.

• The Trustees have invested the Scheme’s investment portfolio in accordance with a Target Return and Target Hedge Ratio.

• The ACD considers that the Fund’s Target Return is commensurate with the Investment Adviser’s risk-managed, active management approach.

• Regularly monitoring the underlying managers’ performance, processes and capabilities.The Fiduciary Manager is also responsible for managing overall currency risk.The Trustees also acknowledge the following investment related risks and monitors these with the support from the Fiduciary Manager and their other advisors.▪ The actual return on the investment portfolio vs the Target Return.

More Definitions of Target Return

Target Return. With respect to any Payment Date (calculated from the Closing Date to and including such Payment Date), the amount that, together with all amounts paid to the holders of the Subordinated Notes pursuant to the Priority of Payments on or prior to such Payment Date (including by giving effect to payments made on such Payment Date), would cause the holders of the Subordinated Notes to first achieve an Internal Rate of Return of 12.0% on the Aggregate Outstanding Amount of Subordinated Notes issued on the Closing Date.

Target Return means the target of achieving a return of between 3% and 4.5% per annum. The Target Return will be based on the Net Subscription Amount and will be calculated on a compound basis from the Acquisition Date until Partial Withdrawal or Final Withdrawal, taking into account any withdrawals, including any Regular Withdrawals or any withdrawal to pay the Adviser Ongoing Fee.

Target Return means the sum of (a) the Index Return plus (b) five (5) percentage points. Target Return is expressed as a percentage; provided, however, that if the Performance Period ends prior to three (3) years due to a Change in Control, the Target Return shall be determined on a pro rata basis based on the number of days in the Performance Period and an one and two-thirds percent (1.67%) return per year.

Target Return means an amount where the cash distributed to a Class B Member (including any Tax Distributions) equals a eighteen percent (18%) Internal Rate of Return on the Capital Contributions made such Class B Member as of the date of determination, as calculated consistent with the Project Pro Forma.

Target Return. , in respect of an Investor, means an amount which would generate a total internal rate of return of 20% on the Investor’s Securities.

Target Return means, with respect to a sale or other disposition of Initial DLJ Equity consummated (i) in 1999 or 2000, a 50% Adjusted IRR, (ii) in 2001, a 35% Adjusted IRR, and (iii) after 2001, a 30% Adjusted IRR, in each case based on the value of the consideration paid for the Initial DLJ Equity sold or otherwise disposed of.

Target Return means, in respect of any Financial Year, the return represented by the change in the Benchmark Index between the first Business Day of the Financial Year and the final Business Day of the Financial Year, as calculated by a suitably qualified and experienced person appointed by the Manager and approved by the Supervisor, using the volume weighted average price of the constituents of the Benchmark Index during the five trading days prior to each calculation date or, if no sales occurred during the relevant period, the weighted average of the prices at which Units were sold through the NZSX on the last trading day on which sales occurred prior to that period, and expressed as a percentage.