TRS Percentage means the Company’s Total Return divided by the Market Cap, with the result multiplied by 100 and expressed as a percentage.
TRS Percentage means, with respect to the Company, for any period, the total percentage return per share achieved by one Common Share from the start of such period to the end of such period, as calculated by a consultant engaged by the Committee and as approved by the Committee in its reasonable discretion using the data for the Company included in the SNL Equity REIT Index for such period.
TRS Percentage means the total percentage return per share achieved by one Common Share calculated by comparing (A) the Baseline Value to (B) the Common Share Price over the same Averaging Period used to calculate the Common Share Price for determining the Final Total Return, as calculated by a consultant engaged by the Committee and as approved by the Committee in its reasonable discretion for purposes of calculating the Final Adjustment Factor. For the avoidance of doubt, the intent of the Committee is that the TRS Percentage over the performance period be calculated using a methodology analogous in all material respects to those used for the calculation of the Index Return Percentage. The Committee may compute the TRS Percentage in a manner different from that set forth above to the extent deemed to be appropriate by the Committee in order to ensure such comparability and is authorized to delegate to a valuation or other expert the performance of adjusted calculations to carry out the foregoing intent.
Examples of TRS Percentage in a sentence
The maximum aggregate principal amount of the Loan to be made by the Lenders hereunder shall be the sum of (i) the Tranche 1 Committed Amount; (ii) the Tranche 2 Committed Amount and (iii) the Tranche 3 Committed Amount and of such amount, TRS agrees to make Advances to the Borrower in an aggregate principal amount not to exceed the TRS Percentage and ERS agrees to make Advances to the Borrower in an aggregate principal amount not to exceed the ERS Percentage.
More Definitions of TRS Percentage
TRS Percentage shall have the meaning set forth in Section 8(e)(ii) of this Agreement.
TRS Percentage means, with respect to the Company, the cumulative total percentage return per share achieved by one share of the Company’s Common Stock for each applicable measurement period, assuming contemporaneous reinvestment in Common Stock of all dividends and other distributions, as calculated by an independent consultant engaged by the Committee, which calculation shall be approved by the Committee in its reasonable discretion.
TRS Percentage means 67%, being TRS’s undivided interest in the Loan. “UCC” shall have the meaning assigned to such term in Section 1.3 hereof.
TRS Percentage means, with respect to the Company, the cumulative total percentage return per share achieved by one share of the Company’s Common Stock from the Effective Date to the Valuation Date, assuming contemporaneous reinvestment in Common Stock of all dividends and other distributions, as
TRS Percentage means the Company’s Total Return divided by the sum of (A) the Adjusted Market Cap; (B) the baseline value of any Buyback Shares purchased or redeemed over the measurement period based on the spot closing stock price at the start of the measurement period (or $9.00 for measurement periods beginning on the Effective Date); and (C) the value of any Additional Shares issued during the measurement period based on the closing spot prices on the issuance dates, with the result multiplied by 100 and expressed as a percentage.
TRS Percentage means, with respect to the Company, the cumulative total percentage return per share achieved by one share of the Company’s Common Stock from the Effective Date to the Valuation Date, assuming contemporaneous reinvestment in Common Stock of all dividends and other distributions, as calculated by a consultant engaged by the Committee using: (A) as the initial value, the Baseline Value, and (B) as the final