Revenue Shortfall Amount definition

Revenue Shortfall Amount. “Revenue Shortfall Amount” means the amount (if any) by which Seller’s Revenue exceeds Achieved Revenue for the Revenue Measurement Period.
Sample 1
Revenue Shortfall Amount the Applicable Revenue Target less the aggregate gross revenues of Holdings and its subsidiaries for the period commencing July 1, 2005 and ending on the last day of the last full month preceding the Closing Date. The calculation of gross revenues described in the preceding sentence shall be determined in accordance with the same accounting methods, policies, practices and procedures, with consistent classifications, judgments and estimation methodology, as consistent with past practices.
Sample 1
Revenue Shortfall Amount has the meaning given to it in Paragraph 7.2 (Use of proceeds of the Class Z VFN to pay revenue shortfalls arising as a result of COVID-19 Payment Holiday Loans) of Schedule 2 (Cash Management and Maintenance of Ledgers) of the Cash Management Agreement;
Sample 1

Examples of Revenue Shortfall Amount in a sentence

  • In accordance with the provisions of Conditions 4, 6 and 9 and the Trust Deed the right to payment of principal on the Class B Notes will be subordinated to, inter alia payments of principal amounts and following delivery of an Enforcement Notice interest amounts in respect of the Class A Notes, and as from but excluding the First Optional Redemption Date, the Class A Excess Consideration Revenue Shortfall Amount payable in respect of the Class A Notes if applicable.

  • If there is a shortfall (the Initial Revenue Shortfall) the Issuer may make a drawing on the Class Z VFN in an amount equal to the lesser of the Initial Revenue Shortfall and the COVID-19 Payment Holiday Amount (such amount, the COVID-19 Revenue Shortfall Amount).

  • The Revenue Shortfall Amount and the Net Losses Shortfall Amount shall be determined on the basis of the audited financial statements of NewCo and the transfer of Escrow Shares to Xxxx with a value equal to the Revenue Shortfall Amount or the Net Losses Shortfall Amount, shall be made by the Escrow Agent to Xxxx within five (5) business days of the delivery by Xxxx of the audited financial statements of NewCo for the year ending December 31, 2000 to the Escrow Agent, CYMI and W2COM.

  • B-9 <PAGE> "Revenue Shortfall Amount" the Applicable Revenue Target less the aggregate gross revenues of Holdings and its subsidiaries for the period commencing July 1, 2005 and ending on the last day of the last full month preceding the Closing Date.

  • Such Revenue Shortfall Amount will be applied sequentially in the order set out in the list of Liquidity Shortfall Items in the definition of "Liquidity Shortfall Item" to the extent a liquidity shortfall has occurred.

  • If on a Payment Date the Issuer Receipts would not be sufficient to cover payments on the Liquidity Shortfall Items, the applicable Revenue Shortfall Amount will be debited from the Liquidity Reserve Account.

  • AT5 Revenue Shortfall Amount AT5 Revenue Shortfall Amount means:For a Year, where there is an AT5 Revenue Shortfall, the amount by which Total Actual Revenue for AT5 (calculated under clause 4.3(g) of Schedule F) in relation to the relevant System Reference Tariff for that Year is less than the Adjusted Allowable Revenue for AT5 (calculated under clause 4.3(c) of Schedule F) for the relevant System Reference Tariff for that Year.

  • Pursuant to the Agreement, the Maker shall pay to the Holder an amount equal to the Dealership Sales Tax Revenue Shortfall Amount (as defined in the Agreement) generated during the Guaranty Period (the “Note Amount”) as payment for the Dealership Sales Tax Guaranty pursuant to Section 2.2 of the Agreement.

  • They represent the voice of the region and assist the Board to carry out the duties, goals, and vision of the organisation.

  • The Class Z VFN Holder may also (again at their sole discretion) elect to make further drawings available under the Class Z VFN to fund any COVID-19 Revenue Shortfall Amount.The Class Z VFN Holder is not obliged to make such drawings available under the Class Z VFN for the purposes of funding any Class A1 Target Amortisation Amount Shortfall, any Class A Target Amortisation Amount Shortfall or any Class A2 Target Amortisation Amount Shortfall or the COVID-19 Revenue Shortfall Amount.


More Definitions of Revenue Shortfall Amount

Revenue Shortfall Amount has the meaning set forth in Section 3.2(c)(viii)(B).
Sample 1

Related to Revenue Shortfall Amount

  • Available Funds Shortfall Amount means, as of any Payment Date, the amount, if any, by which the aggregate amount required to be paid pursuant to clauses first through twelfth of Section 4.4(a) of the Sale and Servicing Agreement exceeds the Available Funds for such Payment Date.

  • Shortfall Amount as defined in Section 2.6.

  • Capitalization Reimbursement Shortfall Amount With respect to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, the amount, if any, by which the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of all Mortgage Loans (or, if the Mortgage Pool is comprised of two or more Loan Groups, on the Mortgage Loans in the related Loan Group) during the preceding calendar month exceeds the amount of principal payments on the Mortgage Loans included in the Available Distribution Amount (or, if the Mortgage Pool is comprised of two or more Loan Groups, Available Distribution Amount for the related Loan Group) for that Distribution Date.

  • Substitution Shortfall Amount As defined in Section 2.03(d).

  • Collateral Shortfall Amount is defined in Section 8.1.

  • Class B-6 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-6 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-6 Certificates on such Distribution Date pursuant to Paragraph twentieth of Section 4.01(a).

  • Class B-3 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-3 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-3 Certificates on such Distribution Date pursuant to Paragraph eleventh of Section 4.01(a).

  • Class B-4 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-4 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-4 Certificates on such Distribution Date pursuant to Paragraph fourteenth of Section 4.01(a).

  • Class B Interest Shortfall Amount Any of the Class B-1 Interest Shortfall Amount, Class B-2 Interest Shortfall Amount, Class B-3 Interest Shortfall Amount, Class B-4 Interest Shortfall Amount, Class B-5 Interest Shortfall Amount or Class B-6 Interest Shortfall Amount.

  • Class B-1 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-1 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-1 Certificates on such Distribution Date pursuant to Paragraph fifth of Section 4.01(a).

  • Class B-5 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-5 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-5 Certificates on such Distribution Date pursuant to Paragraph seventeenth of Section 4.01(a).

  • Class A Interest Shortfall Amount As to any Distribution Date and any Class of Class A Certificates, any amount by which the Interest Accrual Amount of such Class with respect to such Distribution Date exceeds the amount distributed in respect of such Class on such Distribution Date pursuant to Paragraph first of Section 4.01(a).

  • Prepayment Interest Shortfall Amount With respect to any Mortgage Loan that was subject to a Principal Prepayment in full or in part during any Due Period, which Principal Prepayment was applied to such Mortgage Loan prior to such Mortgage Loan’s Due Date in such Due Period, the amount of interest (net of the General Servicing Fee) that would have accrued on the amount of such Principal Prepayment during the period commencing on the date as of which such Principal Prepayment was applied to such Mortgage Loan and ending on the day immediately preceding such Due Date, inclusive.

  • Class B-2 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-2 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-2 Certificates on such Distribution Date pursuant to Paragraph eighth of Section 4.01(a).

  • Available Funds Shortfall As defined in Section 3.03(b)(ii)(A).

  • Unpaid Interest Shortfall Amount With respect to the Class A Certificates and the Mezzanine Certificates and (i) the first Distribution Date, zero, and (ii) any Distribution Date after the first Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for the immediately preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for such preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such preceding Distribution Date, plus interest on the amount of interest due but not paid on the Certificates of such Class on such preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

  • Net Interest Shortfall With respect to any Distribution Date, the Interest Shortfall, if any, for such Distribution Date net of Compensating Interest Payments made with respect to such Distribution Date.

  • Note Interest Shortfall means, for a Class and a Payment Date, an amount equal to the excess, if any, of the Accrued Note Interest for the prior Payment Date for the Class over the amount of interest that was paid to the Noteholders of that Class on the prior Payment Date, together with interest on the excess amount, to the extent lawful, at the Note Interest Rate for the Class for that Interest Period.

  • Interest Shortfall With respect to any Distribution Date and each Mortgage Loan that during the related Prepayment Period was the subject of a Principal Prepayment or constitutes a Relief Act Mortgage Loan, an amount determined as follows:

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.

  • Class A-P Collection Shortfall With respect to the Cash Liquidation or REO Disposition of a Discount Mortgage Loan and any Distribution Date, the excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount described in Section 4.02(b)(i)(C)(2).

  • Net Simple Interest Shortfall With respect to any Distribution Date, the excess, if any, of (a) 30 days’ interest at the weighted average (by principal balance) of the Net Mortgage Rates of the Simple Interest Mortgage Loans as of the first day of the related Due Period, as determined by the Servicer, on the aggregate principal balance of such Simple Interest Mortgage Loans for such Remittance Date, carried to six decimal places, rounded down, and calculated on the basis of a 360-day year consisting of twelve 30-day months, over (b) the amount of the payments received by the Servicer in the related Due Period allocable to interest in respect of such Simple Interest Mortgage Loans, calculated in accordance with the Simple Interest Method, net of the related Servicing Fees.

  • Class B Interest Shortfall shall have the meaning specified in subsection 4.02(b).

  • Prepayment Interest Shortfall As to any Distribution Date and any Mortgage Loan (other than a Mortgage Loan relating to an REO Property) that was the subject of (a) a Principal Prepayment in Full during the portion of the related Prepayment Period that falls during the prior calendar month, an amount equal to the excess of one month's interest at the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) on the Stated Principal Balance of such Mortgage Loan over the amount of interest (adjusted to the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of a Modified Mortgage Loan)) paid by the Mortgagor for such month to the date of such Principal Prepayment in Full or (b) a Curtailment during the prior calendar month, an amount equal to one month's interest at the Net Mortgage Rate (or Modified Net Mortgage Rate in the case of a Modified Mortgage Loan) on the amount of such Curtailment.

  • Class A Interest Shortfall shall have the meaning specified in subsection 4.02(a).

  • Net Interest Shortfalls means Interest Shortfalls net of payments by the Company, the Servicer or the Master Servicer in respect of Compensating Interest.