Class B Shortfall definition
Examples of Class B Shortfall in a sentence
No payments on account of interest shall be made with respect to the Class C Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class A Notes and Class B Notes (including, without limitation, all accrued interest, all Class A Shortfall, all interest accrued on such Class A Shortfall, all Class B Shortfall and all interest accrued on such Class B Shortfall) have been paid in full.
Interest shall accrue on the Class B Shortfall at the Class B Note Rate.
No payments on account of interest shall be made with respect to the Class C Notes until all payments of interest then due and payable with respect to the Class A Notes and the Class B Notes (including, without limitation, all accrued interest, all Class A Shortfall, all interest accrued on such Class A Shortfall, all Class B Shortfall and all interest accrued on such Class B Shortfall) have been paid in full.
The parties agree that as of January there are no female dominated job classes within the bargaining unit, and, therefor] there are no pay equity adjustments required.
No payments on account of interest shall be made with AMERICAS 129552364 71 respect to the Class C Notes on any Distribution Date until all payments of interest then due and payable with respect to the Class A Notes and Class B Notes (including, without limitation, all accrued interest, all Class A Shortfall, all interest accrued on such Class A Shortfall, all Class B Shortfall and all interest accrued on such Class B Shortfall) have been paid in full.
No payments on account of interest shall be made with respect to the Class C Notes on any Distribution Date until all payments of interest then due and payable with respect to NEWYORK 8960494 (2K)A&R Series 2013-1 Supplement (Class C Note issuance) 64 the Class A Notes and Class B Notes (including, without limitation, all accrued interest, all Class A Shortfall, all interest accrued on such Class A Shortfall, all Class B Shortfall and all interest accrued on such Class B Shortfall) have been paid in full.
The Board of Directors shall notify the Members within ten (10) days after the end of the Initial Period whether there is a Class A Shortfall, a Class B Shortfall or no Shortfall (the “Shortfall Notice”).