Shortfall Agreement definition

Shortfall Agreement means the letter agreement between Whitehall XI and MPLP, in the form attached hereto as Exhibit B.
Shortfall Agreement shall have the meaning ascribed to such term in the LLC Agreement.
Shortfall Agreement means the Shortfall Agreement dated as of the date hereof between the Company and AIG-FP, substantially in the form of Exhibit C hereto.

Examples of Shortfall Agreement in a sentence

  • BCC is willing to enter into the Shortfall Agreement, and all other Transaction Documents of which BCC is a party, only if Optionor executes and delivers an option agreement whereby BCC or its successors and assigns may acquire all of the Equity Interests of the Optionor, on the terms and conditions provided herein.

  • The parties agree that December 18, 2008 shall be the Adjustment Date under the Shortfall Agreement.

  • Unless otherwise specifically defined herein, each term used herein that is defined in the Shortfall Agreement has the meaning assigned to such term therein.

  • Each reference to “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference and each reference to “this Agreement” and each other similar reference contained in the Shortfall Agreement shall, after this Amendment becomes effective, refer to the Shortfall Agreement as amended hereby.

  • All notices sent pursuant to this Agreement or any other Loan Document shall be simultaneously sent to Balanced Care at its address as set forth in the Shortfall Agreement.

  • The parties hereto intend and agree that Lessor shall be deemed a third party beneficiary of the Shortfall Agreement with respect to the obligation of BCC to provide Working Capital Loans to Lessee; and in that regard, Lessor shall be permitted to enforce against BCC such provisions in the Shortfall Agreement requiring BCC to advance such Working Capital Loans to Lessee; provided, however, Lessor shall have no obligations whatsoever under, or liability with respect to, the Shortfall Agreement.

  • BCC is willing to enter into the Shortfall Agreement, and all other Transaction Documents (as defined in the Shortfall Agreement) of which BCC is a party, only if Optionor executes and delivers an option agreement whereby BCC or its successors and assigns may acquire all of the Equity Interests of the Optionor, on the terms and conditions provided herein.

  • To secure the obligations of the Lessee under the Shortfall Agreement, Lessee has granted to BCC a leasehold mortgage (the "Leasehold Mortgage") encumbering Lessee's interest in the Lease.

  • In addition, the third full sentence of the first paragraph of Section 1.01(a) of each Shortfall Agreement is hereby deleted and replaced in its entirety with the following: "The Equity Capital Portion and the Senior Loan Capital Portion shall be contributed by the Member to the Lessee, and the Lessee to the Collateral Account.

  • To secure the obligations of the Lessee under the Shortfall Agreement, the Lessee has granted to BCC an Open End Leasehold Mortgage and Security Agreement (the "Leasehold Mortgage") encumbering the Lessee's interest in the Lease.


More Definitions of Shortfall Agreement

Shortfall Agreement means that certain Shortfall Funding Agreement dated as of January 30, 1998 between Lessee, the Members and BCC.
Shortfall Agreement means that certain Shortfall Agreement executed, or to be executed, by and between PRP and/or OCC and PEL and AGC.
Shortfall Agreement means the Shortfall Funding Agreement among Borrower, Tenant and Balanced Care Corporation, dated as of the Effective Date and as amended from time to time.
Shortfall Agreement means the letter agreement dated July 20, 2001 between ML Leasing and the Administrative Agent, as assigned to Merrill pursuant to that certain Assignment and Assumption Agreement dated as of September 21, 2005 between ML Leasing and Merrill, pursuant to which Merrill will agree to pay the Administrative Agent certain amounts pertaining to the Project under the circumstances described therein.
Shortfall Agreement. That certain Shortfall Agreement of even date by and between the Lessee and the Guarantor. STATE: The state or commonwealth in which the Leased Property is located.

Related to Shortfall Agreement

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • Distribution Agreements means the Amended and Restated Distribution and License Agreements dated as of November 30, 1992 between Bollore and North Atlantic Operating Corporation, Inc., a Delaware corporation and subsidiary of Turning Point, relating to (i) the United States and (ii) Canada, each as amended by a Restated Amendment dated June 25, 1997 and Amendments dated respectively October 22, 1997, October 7, 1999, October 20, 1999, June 19, 2002, February 28, 2005 and April 20, 2006, and the License and Distribution Agreement, dated March 19, 2013, between Bollore and North Atlantic Operating Corporation, Inc., in each case as so amended and as may hereafter be amended, modified or superseded, and any other related agreements between or among such parties.

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Maintenance agreement means a contract of limited duration

  • Distribution Agreement has the meaning set forth in the recitals to this Agreement.

  • Substitution Agreement means the substitution agreement, substantially in the form set forth in the Schedules as entered into/ proposed to be entered into between the Authority, Developer, and the Lenders in relation to the substitution of the Developer with the Nominated Company in accordance with the Agreement;

  • Agreement End Date has the meaning specified in Section 10.1(e).

  • Basic Servicing Agreement has the meaning set forth in the Recitals.

  • Netting agreement means a netting agreement, master netting agreement or other similar document having the same effect as a netting agreement or master netting agreement and, as applicable, any collateral annex, security agreement or other similar document related to any master netting agreement or Permitted Contract.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Certificate Purchase Agreement The Purchase Agreement, dated as of [_______], among the Depositor and the Initial Purchasers, relating to the Privately Offered Certificates.

  • Replacement Reserve Agreement means a Replacement Reserve and Security Agreement, reasonably required by the Lender, and completed in accordance with the requirements of the DUS Guide.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.

  • Payment Agreement means a written agreement which provides

  • Servicing Arrangement is defined in Section 11.06(b).

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Replacement Agreement means an agreement entered into as a replacement for any Relevant Agreement;

  • the first supplementary agreement means the agreement of which a copy is set out in the Second Schedule;

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Sale and Contribution Agreement means the Sale and Contribution Agreement dated as of the date hereof, between the Seller, as seller, and the Borrower, as buyer, as amended, restated, supplemented or otherwise modified from time to time.

  • Mortgage Sale Agreement means the mortgage sale agreement dated 3 June 2005 as amended and restated on 4 October 2007, 20 May 2008 and as further amended and restated on 25 June 2014 made between Santander UK plc (1) Abbey Covered Bonds LLP (the "LLP") (2) and Deutsche Trustee Company Limited (the "Security Trustee") (3) (as the same may be or have been amended, varied or supplemented from time to time with the consent of those parties).

  • Connection Agreement means an agreement entered into between a distributor and a person connected to its distribution system that delineates the conditions of the connection and delivery of electricity to or from that connection;