Target Rate of Return

Example Definitions of "Target Rate of Return"
Target Rate of Return. A projected, after-tax Internal Rate of Return to the Investor on account of its Fund Capital Contribution (and the Fund's QEIs in the Sub-CDE) equal to 15.57%, taking into account the dates and amount of such Fund Capital Contribution, all cash distributions, Tax Credits and other tax benefits, and any offsetting tax detriments, as shall be determined under the Financial Projections, and utilizing the methodology contained in the Financial Projections.
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