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);

Shortfall. Month End Interest Shortfall and Servicemembers’ Shortfall.

Examples of Shortfall in a sentence

• No Account Shortfall shall exist on any Reserve Accounts required to be funded as of the date of such Advance.

• If there is a Remittance Shortfall, the amount which the Servicer remits to the General Subaccount of the Collection Account on the relevant date set forth above shall be increased by the amount of such Remittance Shortfall, such increase coming from the Servicer’s own funds.

• Notwithstanding anything to the contrary herein, if, upon the occurrence of an Event of Default and on the Commitment Termination Date, the amount on deposit in the Unfunded Reserve Account is less than the Unfunded Exposure Amount (such amount, the “Unfunded Reserve Account Shortfall”), the Borrower shall cause to be deposited in the Unfunded Reserve Account an amount equal to the Unfunded Reserve Account Shortfall and may request an Advance hereunder for such amount pursuant to the terms hereof.

• Within one hundred and twenty (120) days following the Closing Date, the Buyer shall prepare and deliver to the Seller a statement (the “Final Closing Statement”) setting forth its good faith calculation of Closing Working Capital determined in accordance with the Accounting Principles (the “Final Working Capital”), and the resulting Closing Working Capital Excess or Closing Working Capital Shortfall (if any).

• Within one hundred and twenty (120) days following the Closing Date, the Buyer shall prepare and deliver to the Sellers a statement (the “Final Closing Statement”) setting forth its good faith calculation of Closing Working Capital determined in accordance with the Accounting Principles (the “Final Working Capital”), and the resulting Closing Working Capital Excess or Closing Working Capital Shortfall (if any).

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 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 has the meaning set forth in Section 5.2.

Shortfall shall have the meaning set forth in Section 2.1.10.