THP1 US definition

THP1 US means Tricon Housing Partners US LP (formerly Tricon IX, L.P.), a limited partnership formed under the laws of the State of Delaware, together with associated fund entities.
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Examples of THP1 US in a sentence

  • Long-term incentive plan (“LTIP”) LTIP expense is generated from two sources: (i) 50% of the Company’s share of performance fees or carried interest from certain Investment Vehicles, paid in cash when received; and (ii) 15% of the income from THP1 US (a U.S. residential development Investment Vehicle), also payable in cash pursuant to amendments to the LTIP made in 2022.

  • LTIP expense is generated from two sources: (i) 50% of the Company’s share of performance fees or carried interest from private funds and separate accounts, paid in cash when received, and (ii) a percentage equal to the AIP percentage (currently 15%) of THP1 US investment income, payable in DSUs which currently vest over a five-year period.

  • AIP is calculated based on 15% of Adjusted Base EBITDA less THP1 US Investment Income with the actual rate determined annually at the Board’s discretion.

  • THP1 US Co-Investment distributions received in the first six months of 2015 were $41.5 million (68.4% of the total THP1 US distribution of $60.8 million) for a total of$113.7 million since August 2013 (refer to Section 8.2, Supplementary Support for Financial Review, Table 25: THP1 US Asset Overview for details).

  • The same percentage change in the discount rate will result in a greater change in fair value than the same absolute percentage change in future cash flow.(3) As at September 30, 2015, only the THP1 US Co-Investment had a Control Premium of $3,144.(4) The Company obtained external valuations for four separate account equity investments for December 31, 2014, totaling $11,518.

  • Tricon aims to co-invest roughly 10% of the capital in each investment vehicle, although it owns a 68.4% interest in THP1 US (“Tricon IX”), a U.S. dedicated land and housing fund.

  • THP1 US projects remain on track to deliver approximately $250 million in gross cash flow to Tricon post Q3 2015 to 2018.

  • Investment Income – Land and Homebuilding contracted slightly as a result of capital distributions throughout the year, primarily from THP1 US (formerly “Tricon IX”).• Adjusted EBITDA of $19.6 million rose 11% YOY, augmented by a $5.8 million SFR Fair Value Adjustment which offset higher costs and fees incurred to support new business developments.

  • Liquidity and Capital Resources24Table 20: Compensation Plans445.1 Financing Strategy24Table 21: Shares Outstanding455.2 Liquidity24Table 22: Stock Options455.3 Capital Resources25Table 23: Detailed Units by Investment/Market465.4 Interest Expense26Table 24: Summary of Private Funds Financial Data48 Table 25: THP1 US Asset Overview496.

  • The increase was largely due to the closing of three separate account investments in Q4 2014 and 2015, offset by distributions made by THP1 US, Canadian funds and separate accounts (refer to the chart below for details of Private Funds and Advisory Assets Under Management as of September 30, 2015 and September 30, 2014).

Related to THP1 US

  • IOSCO means the International Organisation of Securities Commissions.

  • MUSL means the Multi-State Lottery Association, a government-benefit association wholly owned and operated by the Party Lotteries.

  • MT means metric tons.

  • CDC means Centers for Disease Control and Prevention.

  • Elan means Elan Corp and its Affiliates.

  • Rad means the special unit of absorbed dose. One rad is equal to an absorbed dose of 100 erg per gram or 0.01 joule per kilogram (0.01 gray).

  • TLR means the NERC Transmission Loading Relief Procedures used in the Eastern Interconnection as specified in NERC Operating Policies.

  • Model 2 seller means a seller registered under the agreement that:

  • RFB means this Request for Bids and any addenda hereto.

  • SHC means Sears Holdings Corporation.

  • TELRIC means Total Element Long-Run Incremental Cost.

  • DS Electric generation service that is provided at retail pursuant to the Applicable Legal Authorities under the Company’s retail electric tariffs and under any other agreements or arrangements between the Company and Customers, to any Customer that is not being served by an EGS. Default Allocation Assessment – shall have the meaning ascribed to it under the PJM Agreements. Delivery Period – The delivery period specified in an Appendix C Transaction Confirmation. Delivery Point – Means the applicable zone of the Company as designated by PJM. DS Customer(s) – Retail customers who are provided Default Service pursuant to the terms of this Agreement, the Applicable Legal Authorities and the Company’s retail tariffs.

  • ICF/MR means an intermediate care facility for the mentally retarded.

  • Opium poppy means the plant of the species Papaver somniferum L., except its seeds.

  • AEOI means one or more of the following, as the context requires:

  • ESI means any and all computer data or electronic recorded media of any kind, including “Native Files”, that are stored in any medium from which it can be retrieved and examined, either directly or after translation into a reasonably useable form. ESI may include information and/or documentation stored in various software programs such as: Email, Outlook, Word, Excel, Access, Publisher, PowerPoint, Adobe Acrobat, SQL databases, or any other software or electronic communication programs or databases that the CONSULTANT may use in the performance of its operations. ESI may be located on network servers, backup tapes, smart phones, thumb drives, CDs, DVDs, floppy disks, work computers, cell phones, laptops or any other electronic device that CONSULTANT uses in the performance of its Work or SERVICES hereunder, including any personal devices used by the CONSULTANT or any sub-consultant at home. “Native files” are a subset of ESI and refer to the electronic format of the application in which such ESI is normally created, viewed, and /or modified. The CONSULTANT shall include this section XX “Records Maintenance” in every subcontract it enters into in relation to this AGREEMENT and bind the sub-consultant to its terms, unless expressly agreed to otherwise in writing by the AGENCY prior to the execution of such subcontract. In witness whereof, the parties hereto have executed this AGREEMENT as of the day and year shown in the “Execution Date” box on page one (1) of this AGREEMENT. Signature Date Signature Date Project No.

  • MOHLTC means the Minister or the Ministry of Health and Long-Term Care, as the context requires;

  • CTI means CTI Logistics Limited (ABN 69 008 778 925) and/or any Affiliate of CTI Logistics Limited as the case may be, which performs all or any of the Services.

  • Model 1 seller means a seller registered under the agreement that has selected a certified service provider as the seller's agent to perform all of the seller's sales and use tax functions for agreement sales and use taxes other than the seller's obligation under Section 59-12-124 to remit a tax on the seller's own purchases.

  • NPS means nominal pipe size.

  • POPI means the Protection of Personal Information Act, 4 of 2013;

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • ri-pBD means, in relation to any Interest Accrual Period, the applicable Reference Rate as set out in the definition of "r" above for, where "Lag" is specified as the Observation Method in the applicable Final Terms, the Business Day (being a Business Day falling in the relevant Observation Period) falling "p" Business Days prior to the relevant Business Day "i" or, where "Lock-out" or "Observation Shift" is specified as the Observation Method in the applicable Final Terms, the relevant Business Day "i";

  • Greywater means all liquid wastes from showers, baths, sinks, kitchens and domestic washing facilities, but does not include toilet wastes;

  • STI means Sexually Transmitted Infection;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;