Aggregate Shortfall Amount definition

Aggregate Shortfall Amount has the meaning provided in Section 2.6(b).

Aggregate Shortfall Amount means the sum of the Shortfall Amount, if any, of each of the Class A Shares, Class B Shares, Class C Shares and Class D Shares, which shall never exceed the Aggregate Protected Amount as of the close of business on the Maturity Date.

Aggregate Shortfall Amount means, as of any Business Day, the sum of the Shortfall Amounts by Fund Share Class of all Fund Share Classes as of such Business Day.

Examples of Aggregate Shortfall Amount in a sentence

• The calculation and accuracy of the Aggregate Shortfall Amount determined hereunder shall be certified by the Calculation Agent on the first Business Day following the Maturity Date.

• If at any time on or prior to the Maturity Date, the Calculation Agent provides the Warranty Provider with a written certificate certifying that the Financial Warranty has been terminated pursuant to Section 10.1 of the Financial Warranty Agreement (a "Termination Certificate"), the Financial Warranty amount shall automatically reduce to zero and the Financial Warranty shall terminate on such date and the Aggregate Shortfall Amount shall be deemed to be zero.

• The Calculation Agent shall determine such Aggregate Shortfall Amount in a good faith commercially reasonable manner and provide such certification within three Business Days following the Maturity Date.

• Notwithstanding any new issuances of Shares permitted under this Agreement, it is acknowledged and agreed that under no circumstances shall the Warranty Provider be liable for the portion of any Aggregate Shortfall Amount or Accelerated Aggregate Shortfall Amount attributable to Shares issued in excess of the Financial Warranty Amount Limit.

• The Calculation Agent shall determine such Aggregate Shortfall Amount in a good faith commercially reasonable manner and provide the Adviser or the Fund with the amount of such Aggregate Shortfall Amount within two Business Days following the Maturity Date.

More Definitions of Aggregate Shortfall Amount

Aggregate Shortfall Amount means a number of shares of Common Stock (rounded up or down to the nearest whole number of shares, with 0.5 being rounded up) equal to (i) the Aggregate Target Number, minus (ii) the Aggregate Common Share Equivalents, and minus (iii) the Aggregate Liquidation Preference Common Share Equivalents.

Aggregate Shortfall Amount means, as of any Payment Date, the aggregate of the Shortfall Amounts for all preceding calendar years from and including 2003.

Aggregate Shortfall Amount means the aggregate Shortfall Amount for all Repurchase Periods that has not been reduced by repurchases of Common Stock pursuant to Section 3(a)(ii) or loans provided by the Company pursuant to Section 3(b) after the applicable Repurchase Period.

Aggregate Shortfall Amount as defined in Section 2.9(a).

Aggregate Shortfall Amount shall equal the sum of the Seller Shortfall Amount and the Shortfall Amounts of each of the Other Selling Companies. The "Seller Shortfall Amount" shall equal the positive difference, if any, of the Baseline Net Assets, minus Audited Closing Net Assets; provided that: (i) if both of the Shortfall Amounts of the Other Selling Companies are negative ("Negative Shortfall Amount(s)"), then the Seller Shortfall Amount shall be reduced by the sum of the Negative Shortfall Amounts, or (ii) if only one of the Shortfall Amounts of the Other Selling Companies is negative, then the Seller Shortfall Amount shall be reduced by the Negative Shortfall Amount, multiplied by the Allocation Ratio. The "Allocation Ratio," as referred to in this Section 2.9, shall mean and be equal to the Seller Shortfall Amount divided by sum of the Seller Shortfall Amount and positive Shortfall Amount of the Other Selling Company. Solely for purposes of determining the "Aggregate Shortfall Amount" and the "Seller Shortfall Amount", the "Audited Closing Net Assets" shall be calculated as provided in Section 2.8(b) hereof, except that the Seller's existing policy for determining revenue recognition shall be applied.

Aggregate Shortfall Amount means the sum of the Shortfall Amount of each of the Class A, Class C, Class S and Institutional Shares as determined for the applicable Payment Date.

Aggregate Shortfall Amount has the meaning provided in SECTION 2.6(B).