Distribution Shortfall means, with respect to any calendar quarter during the Term, the amount by which Quarterly Distributions exceed MFFO for such quarter or, in the event MFFO is negative, the amount of the Quarterly Distributions for such quarter.

Distribution Shortfall means, with respect to any calendar quarter during the Term, the amount by which Quarterly Distributions exceed AFFO for such quarter or, in the event AFFO is negative, the amount of the Quarterly Distributions for such quarter.

Distribution Shortfall means, with respect to any month during the Term, the amount by which Monthly Distributions exceed NII for such month or, in the event NII is negative, the amount of the Monthly Distributions for such month.

Examples of Distribution Shortfall in a sentence

If sums in the Cash Management Account (including the Master Lessee Escrow Subaccount) are not sufficient to fund the amount of any Distribution Shortfall approved by Lender, then such shortfall shall be funded during the next calendar month on which funds are available in the Cash Management Account (including Master Lessee Escrow Subaccount), but only after disbursement of funds pursuant to Section 4(a)(1) and (2) above.
In the event of a Distribution Shortfall for any calendar quarter during the Term, NRFC shall purchase Shares from the Company in an amount equal to the Distribution Shortfall; provided, however, that NRFC shall not be obligated to purchase Shares for any quarter in which AFFO for such quarter exceeds the Threshold Amount and further provided, that NRFC’s obligation to purchase Shares pursuant to this Agreement shall be limited to an aggregate of $10,000,000 in purchase amount.
Except with respect to CCC Distribution Shortfall Amounts as set forth in clause (ii) below, following the distribution of the CCC Daily Estimation Distribution in the manner set forth in this clause (i), the Agent and the Lenders shall have no further liability or obligations to the Borrower, CCC or any other Person with respect to collections on CCC Receivables.

More Definitions of Distribution Shortfall

Distribution Shortfall means, on any Business Day:

Distribution Shortfall means with respect to any calendar quarter during the Term ending on or prior to December 31, 2017, the amount by which the Threshold Amount exceeds AFFO for such quarter or, in the event AFFO is negative, the amount of the Threshold Amount for such quarter.

Distribution Shortfall. The meaning set forth in Section 4.4 hereof.

Distribution Shortfall means, as to each Partner for a Fiscal Year, the positive difference, if any, between (i) the product of (A) the Tax Distribution Ratio for the applicable Maximum Tax Partner for such Fiscal Year, multiplied by (B) the amount of the Net Profits Allocation allocated for such Fiscal Year (excluding any 704(c) Allocations) to the Partner for which the Distribution Shortfall is being computed, less (ii) the Minimum Tax Distributions made to such Partner for such Fiscal Year. Distribution Shortfalls for the Partners shall be computed once all Minimum Tax Distributions for a Fiscal Year have been made to the Partners and shall apply only with respect to Minimum Tax Distributions made after the Effective Date.

Distribution Shortfall has the meaning given to it in Section 1 of Part A of Schedule 9 (Payment Schedule).

Distribution Shortfall shall have the meaning ascribed to it in Section 10.1(a).