Investor IRR

Investor IRR. Means the internal rate of return of all of the Investors, measured in the aggregate, on their cost basis in the Initial Investor Shares. The internal rate of return shall take into account the amount and timing of all cash dividends and distributions to such Investors in respect of their Initial Investor Shares, all cash proceeds from the sale or other disposition of such Initial Investor Shares and the fair market value, as determined in good faith by the Board, of any other property,... securities or other consideration received by the Investors in respect of such Initial Investor Shares. If the Exit Event is one which results in the sale less than 100% of the Company's Stock held by the Investors immediately prior to such event, the internal rate of return shall also take into account the fair market value, as determined by the Board, of the portion of the Company's Stock attributable to the Initial Investor Shares held by the Investors immediately after such Exit Event. View More

Investor IRR. Means the pretax compounded annual internal rate of return calculated on a quarterly basis realized by the Investor on the Investor Investment, based on the aggregate amount invested by the Investor for all Investor Investments and the aggregate amount of cash received by, and any securities received by the Investor as a return on the Investor Investment that have been distributed to investors in investment funds managed by Apollo Management VII, L.P. or any of its Affiliates (Distributed... Securities) that were distributed to, the Investor in respect of all Investor Investments, assuming all Investor Investments were purchased by one Person and were held continuously by such Person. The Investor IRR shall be determined based on the actual time of each Investor Investment and actual cash received by, and Distributed Securities distributed to, the Investor in respect of all Investor Investments and including, as a return on each Investor Investment, any cash dividends, cash distributions, cash sales or cash interest made by the Company or any of its Subsidiaries in respect of such Investor Investment during such period, but excluding any other amounts payable that are not directly attributable to an Investor Investment and excluding any management fees. For purposes of determining Investor IRR in respect of Distributed Securities, the fair market value of those securities on the date on which the Distributed Securities are distributed shall be used for purposes of calculating the annual internal rate of return, and such date shall be deemed the date on which the return on the Investor Investment was received by the Investor. View More