Shortfall Agreement definition

Shortfall Agreement means the letter agreement between Whitehall XI and MPLP, in the form attached hereto as Exhibit B.
Sample 1Sample 2Sample 3
Shortfall Agreement shall have the meaning ascribed to such term in the LLC Agreement.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2

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.
Sample 1
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
Sample 1
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.
Sample 1
Shortfall Agreement means that certain Shortfall Agreement executed, or to be executed, by and between PRP and/or OCC and PEL and AGC.
Sample 1
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.
Sample 1
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.
Sample 1

Related to Shortfall Agreement

  • Maintenance agreement means a document recorded in the land records that acts as a property deed restriction, and which provides for long-term maintenance of stormwater management practices.

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

  • 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.

  • 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.

  • 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;