We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Shortfall definition

Shortfall means the ACP emissions minus the ACP limit when the ACP emissions were greater than the ACP limit during a specified compliance period, expressed to the nearest pound of VOC. Shortfall does not include emissions occurring prior to the date that the ACP agreement approving an ACP is signed by the board.
Shortfall has the meaning specified in Section 2.2(b);
ShortfallMonth End Interest Shortfall and Servicemembers’ Shortfall.

Examples of Shortfall in a sentence

  • For example, if in Year 3 the Investment Shortfall Percentage was 55%, the PILOT Payment is $840,160 and the Tax Savings is $1,400,000, so the Investment Recovery Payment would be $1,400,000.

  • If the result of the calculation is a negative number, the RA Shortfall Amount shall be deemed to be zero MW for such Showing Month.

  • If the sum of the Monthly Shortfall Make-up Amounts is negative The Purchaser Makeup amount shall be zero.

  • If , subject to Force Majeure, the Investment Shortfall Percentage equals 20% or less, no Recovery Payment shall be owed.

  • If a Remittance Shortfall exists, the Servicer shall cause the Allocation Agent to make a supplemental remittance from the Allocation Account to the Collection Account within two (2) Business Days after such calculation.


More Definitions of Shortfall

Shortfall means, with respect to a Distribution Date, the excess (if any), of the sum of the amounts payable pursuant to clauses (v) through (viii) of Section 7.05 over Available Monies for such Distribution Date minus the amounts payable pursuant to clauses (i) through (iv) of Section 7.05 on such Distribution Date.
Shortfall has the meaning set forth in Section 6.2.
Shortfall means the difference between total Contract Price and the amount paid to the Contractor for Work satisfactorily completed;
Shortfall has the meaning set forth in Section 4.02(a).
Shortfall has the meaning given to it under Clause 8.1 of the Trust Deed;
Shortfall means, with respect to a Distribution Date, an amount equal to the excess (if any) of (a) the sum of the amounts payable pursuant to (1) clauses (v) and (vi) of Section 7.05(a), (2) clauses (i) and (ii) of Section 7.05(b) or (3) clauses (i) through (iv) of Section 7.05(c), as applicable, over (b) Available Monies for such Distribution Date minus the amounts payable pursuant to clauses (i) through (iv) of Section 7.05(a) on such Distribution Date.
Shortfall shall have the meaning set forth in Section 7.3.1(b) hereof.