Shortfall definition

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 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. Month End Interest Shortfall and Servicemembers’ Shortfall.

Examples of Shortfall in a sentence

  • In the unlikely event, a transaction is completed when there are insufficient funds in the E-wallet for that transaction (a "Shortfall"), the Shortfall shall be reimbursed by you unless it is due to an error on the part of the Merchant where the Card was presented, in this circumstance we may seek the Shortfall from the Merchant.

  • We may also charge the amount of the Shortfall from any other Cards that you hold with us, or any other payment method which you may designate at that time, or against any funds which you may subsequently load into the E-wallet.

  • In addition, we reserve the right to charge you an administration fee for each transaction that you make using the E-wallet and/or Card that results in a Shortfall or increases the Shortfall amount on the E-wallet.

  • Until we are reimbursed the Shortfall amount, we may suspend the E-wallet and the Card.

  • You agree that once we make this Shortfall known to you, we may charge you for the Shortfall amount and deduct the amount from the balance of funds loaded into the E-wallet or from your linked Funding Source.


More Definitions of Shortfall

Shortfall has the meaning specified in Section 2.2(b);
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 shall have the meaning set forth in Section 2.1.10.
Shortfall. Due Date Interest Shortfall and Soldiers' and Sailors' Shortfall.
Shortfall has the meaning set forth in Section 6.2.
Shortfall has the meaning given to it under Clause 8.1 of the Trust Deed;