Examples of Quarterly Shortfall in a sentence
Such a termination shall not alter Customer’s obligation to pay any Shortfall charges due hereunder (including any Quarterly Shortfall), or the Qualified Companies’ obligation to issue any credits or waivers due under the Concurrently Subscribed Contract Offers for the period up until the date of termination.
Any Quarterly Shortfall will be allocated among the Qualified Companies according to the amounts of MARC-Eligible Charges attributable to Subject Services and billed by the Qualified Companies during the relevant Quarter.
Motion to approve the continuation of an additional stipend for Mike Sloan, district technology director, in the amount of $26,532.00 effective retroactive to July 1, 2010 through June 30, 2011 for additional duties as a result of the elimination of the part-time technology support position.34.+Motion to approve the following mentor for the 2010-2011 school year.
If the Customer and its Permitted Affiliates fail to satisfy the MARC or a Year-to-Date MARC (as defined in Section 23.36.6(B)(1)), as the case may be, as determined in the Quarterly True-Up Process or the Annual True-Up Process, the Qualified Companies shall bill and the Customer shall pay the amount of the Quarterly Shortfall or Annual Shortfall (collectively, “Shortfalls”), as applicable, as provided in Sections 23.36.6(B) and (C), below.
Such reduction in the first Minimum Quarterly Amount, if any, shall be applied to all other provisions in this Agreement applicable to the first Minimum Quarterly Payment, including for purposes of determining whether there was any Quarterly Shortfall with respect to such calendar quarter pursuant to Section 7.7(a)(i).