Escrow Shortfall definition

Escrow Shortfall is defined in the Escrow and Servicing Agreement.
Sample 1Sample 2Sample 3
Escrow Shortfall has the meaning set forth in Section 2.14(c)(i).
Sample 1
Escrow Shortfall means, as of the date of determination, the amount equal to the difference between (i) the Required Escrow Amount on such date and (ii) the Deposit. For purposes of determining whether any Stabilization Escrow Required Additional Deposits are required, any withdrawals from the Stabilization Escrow to pay Sponsor’s Stabilization Obligations shall not be taken into account.
Sample 1

Examples of Escrow Shortfall in a sentence

  • If the Closing Amount Excess exceeds the amount of the Escrow Funds (the amount of such deficiency, the “Escrow Shortfall”), Sellers shall pay to Buyer, within five (5) Business Days after the Adjusted Purchase Price is finally determined in accordance with Section 2.06, an amount equal to the Escrow Shortfall.

  • If the Working Capital Shortfall exceeds the amount remaining in the Adjustment Escrow (the positive amount of such difference, the “Working Capital Escrow Shortfall”), then Parent and Securityholders’ Agent shall instruct the Escrow Agent to release from the Indemnity Escrow an amount equal to such Working Capital Escrow Shortfall and pay such amount by delivery of immediately available funds to Parent.

  • Any committee opinion, including a recommendation for a change of grade, shall be given to the student, the faculty member involved, and the Provost/Vice President for Academic Affairs, orally and in writing.

  • Subcontracting Spend should be entered in the time period when the agency paid the prime vendor.Using Icons‌1.

  • I would be interested to hear your opinion on this plus your opinion on whether the digital euro might bring with it other types of risk.

  • If the Closing Net Indebtedness Shortfall exceeds the amount remaining in the Adjustment Escrow (the positive amount of such difference, the “Net Indebtedness Escrow Shortfall”), then Parent and Securityholders’ Agent shall instruct the Escrow Agent to release from the Indemnity Escrow an amount equal to such Net Indebtedness Escrow Shortfall and pay such amount by delivery of immediately available funds to Parent.

  • Such cooperation shall include the retention and (upon any other Party’s request) the provision of records and information which are reasonably relevant to any such audit, litigation or other Proceeding and making employees available on a mutually convenient basis to provide additional information and explanation of any material provided hereunder.

  • Based on the evidence submitted by the Lender, the Court finds14 that it is appropriate to include the Escrow Shortfall in the15 determination of the balance due on account of the Lender’s16 secured claim;17 n.

  • The Escrow Agent shall provide a copy of the Escrow Shortfall Notice to CYH and BWG by e-mail and registered mail at least 7 days before the actual release of the Shortfall Amount to the Purchaser under this clause.

  • For the avoidance of doubt, the aggregate Escrow Shortfall Pro Rata Portion shall always equal one hundred percent (100%).


More Definitions of Escrow Shortfall

Escrow Shortfall has the meaning specified in Section 2.6(h).
Sample 1
Escrow Shortfall has the meaning set forth in Section II.2 of the Escrow Agreement.
Sample 1
Escrow Shortfall means an amount equal to the Escrow Amount less the aggregate value of the Escrow Contributions of the Preferred Holders and the Minority Common Holders.
Sample 1

Related to Escrow Shortfall

  • Series Principal Shortfall means with respect to any Transfer Date, the excess, if any, of (a) (i) with respect to any Transfer Date relating to the Controlled Accumulation Period, the Controlled Deposit Amount for such Transfer Date, and (ii) with respect to any Transfer Date during the Rapid Amortization Period, the Adjusted Investor Interest over (b) the Investor Principal Collections minus the Reallocated Principal Collections for such Transfer Date.

  • Daily Principal Shortfall means, on any date of determination, the excess of the Monthly Principal Payment for the Monthly Period relating to such date over the month to date amount of Collections processed in respect of Principal Receivables for such Monthly Period allocable to investor certificates of all outstanding Series, not subject to reallocation, which are on deposit or to be deposited in the Principal Account on such date.