Revenue Shortfall Amount definition

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 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; CRA Regulation means Regulation (EU) No. 1060/2009 (as amended); CRD means the Capital Requirements Directive; CRR means Regulation (EU) No. 575/2013 referred to as Capital Requirements Regulation; CTA 2009 means the Corporation Tax Act 2009; Current Balance means, on any date, the aggregate balance of the Loan at such date (but avoiding double counting) including:
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

Examples of Revenue Shortfall Amount in a sentence

  • 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).

  • Dealer’s obligation to pay the Dealership Sales Tax Revenue Shortfall Amount shall be evidenced by the Dealer Note substantially in the form attached hereto as Exhibit D in the initial principal amount of $1,942,379, and secured by a First Lien Deed of Trust, substantially in the form attached hereto as Exhibit E on the Site.

  • Effective upon the date of any assignment permitted hereunder or consented to in writing by the Agency, and provided that after such assignment Dealer no longer holds any interest in the Site, or in the Dealership, as the owner or Dealer, Dealer shall be released from any further liability or obligation to pay to the City and/or Agency any Dealership Sales Tax Revenue Shortfall Amount and Dealer’s obligations under this Agreement and under the Promissory Note, together with the obligations of Xxxxxx X.


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.

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

  • Collateral Shortfall Amount is defined in Section 8.1.

  • 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.

  • 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 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).