Shortfall Contribution definition

Shortfall Contribution shall have the meaning specified in Section 3.04(b).
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Shortfall Contribution is defined in Section 3.3(a).
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Shortfall Contribution shall have the meaning given such term in Section 4.5 hereof.
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Examples of Shortfall Contribution in a sentence

  • Energy Administration, Energy Supply Company Administration and Smart Meter Communication Licensee Administration: Shortfall Contribution Obligations 53PART II.

  • Pursuant to Chapter 3 of Part 3 of the Energy Act 2004 and Chapter 5 of Part 2 of the Energy Act 2011 and in accordance with this condition, the licensee shall, for the purpose of raising any sums specified in a shortfall direction, pay to the NTS operator such monies as result from any modification or modifications to the charges of the NTS operator made pursuant to Special Condition 11D (Energy Administration: NTS Shortfall Contribution Obligations) of the NTS operator’s gas transporter licence.

  • The sum of the Hypothetical Fund Value (measured as of the Valuation Date and calculated pursuant to Section 6.8(d)) of the Fund Assets held by the Qualified Decommissioning Fund as of the Closing, plus the amount of any Shortfall Contribution, if any, made at or prior to the Closing pursuant to Section 6.8(e), shall be in an amount no less than the Target Value.

  • Off Site Highways Works "C" Shortfall Contribution of £[TBC] by way of forward funding of the Off Site Highways Works "C" on the later of expiration of the period of two months of receipt of such written demand or Occupation of more than 200 Dwellings.

  • A development of this size and with the proposed employment densities would be expected to deliver 20 sustained jobs for unemployed Southwark Residents at the end phase, or meet any shortfall through the Employment in the End Use Shortfall Contribution.

  • The amount of an Additional Capital Contribution made by the Contributing Member equal to the amount of Additional Capital Contribution that Non-Contributing Member failed to fund is the " Shortfall Contribution ".

  • This means that the stockholders of Twin River, other than Plaintiffs, will not be barred by the dismissal of the Derivative Claims from pursuing the Derivative Claims.

  • FAO are experimenting with alternative logical approaches, and are including results chains in a forthcoming project.

  • The maximum Employment in the End Use Shortfall Contribution has been estimated at approximately £1,401,800 (indexed and based on £4,300 per job), as set out in the SPD and the employment densities guide third edition.

  • If any Lender fails to make its pro rata share of a Protective Advance (“Non-Contributing Lender”) within thirty (30) days of receipt of written notice thereof, the other Lender (the “Contributing Lender”) is authorized to advance the amount the Non-Contributing Lender failed to advance (the “Shortfall Contribution”), and will receive repayment in full of such Shortfall Contribution, with interest at twenty percent (20%) per annum (the “Shortfall Interest Rate”), before any further payments to Lenders.


More Definitions of Shortfall Contribution

Shortfall Contribution means the sum due to the District Council in the event of a shortfall arising between the modelled performance of the carbon dioxide emissions of a building and the actual carbon dioxide emissions of a building required to minimise that shortfall payable to be calculated as follows: (A – B) x £69 (Index Linked BCIS) x 30 where: A = annual carbon dioxide tonnage as set out in the relevant Performance Review B = annual carbon tonnage of the Development submitted as part of the relevant Zero Carbon Strategy and to be paid to the District Council to be ring-fenced to secure the delivery of off-site or on-site allowable solutions for carbon dioxide savings
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Shortfall Contribution is defined in Section 4.4C.
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Shortfall Contribution has the meaning set forth in Section 5.2(a).
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Shortfall Contribution. As defined in Section 4.3(ii)(b).
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Shortfall Contribution means any and all additional contributions made by any Member to the capital of the Company pursuant to Section 3.02 and Section 3.03(a).
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Related to Shortfall Contribution

  • Catch-Up Contribution means an Elective Deferral made to the Plan by a Catch-Up Eligible Participant that, during any taxable year of such Participant, exceeds one of the following:

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • Contribution Amounts the aggregate amount of capital contributions applied by the Borrower to permit the Incurrence of Contribution Indebtedness pursuant to Subsection 8.1(b)(xi).

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Contribution Amount has the meaning given in subsection 444-90(1A) in Schedule 1 of the Australian Taxation Administration Act 1953 (Cth).

  • Shortfall Amount as defined in Section 2.6.

  • Catch-Up Contributions means Salary Reduction Contributions made to the Plan that are in excess of an otherwise applicable Plan limit and that are made by Participants who are Age 50 or over by the end of their taxable years. An “otherwise applicable Plan limit” is a limit in the Plan that applies to Salary Reduction Contributions without regard to Catch-up Contributions, such as the limits on Annual Additions, the dollar limitation on Salary Reduction Contributions under Code Section 402(g) (not counting Catch-up Contributions) and the limit imposed by the Actual Deferral Percentage (ADP) test under Code Section 401(k)(3). Catch-up Contributions for a Participant for a taxable year may not exceed the dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) for the taxable year. The dollar limit on Catch-up Contributions under Code Section 414(v)(2)(B)(i) is $1,000 for taxable years beginning in 2002, increasing by $1,000 for each year thereafter up to $5,000 for taxable years beginning in 2006 and later years. After 2006, the $5,000 limit will be adjusted by the Secretary of the Treasury for cost-of-living increases under Code Section 414(v)(2)(C). Any such adjustments will be in multiples of $500.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Contribution Percentage Amounts means the sum of the Employee Contributions, Matching Contributions, and Qualified Matching Contributions (to the extent not taken into account for purposes of the ADP test) made under the Plan on behalf of the participant for the Plan Year. Such Contribution Percentage Amounts shall not include Matching Contributions that are forfeited either to correct Excess Aggregate Contributions or because the contributions to which they relate are Excess Deferrals, Excess Contributions, or Excess Aggregate Contributions. If so elected in the adoption agreement the Employer may include Qualified Nonelective Contributions in the Contribution Percentage Amounts. The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • REMIC II Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC II Remittance Rate for REMIC II Regular Interest AA minus the Marker Rate, divided by (b) 12.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • REMIC 2 Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and related REO Properties then outstanding and (ii) the Uncertificated REMIC 2 Pass-Through Rate for REMIC 2 Regular Interest LTAA minus the Marker Rate, divided by (b) 12.

  • Available Funds Shortfall Amount means, as of any Payment Date, the amount, if any, by which the aggregate amount required to be paid pursuant to clauses first through twelfth of Section 4.4(a) of the Sale and Servicing Agreement exceeds the Available Funds for such Payment Date.

  • Additional Contribution Each Member's pro-rata portion of a Required Amount, determined by multiplying the Required Amount by each Member's Interest.

  • REMIC I Interest Loss Allocation Amount With respect to any Distribution Date, an amount equal to (a) the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) the REMIC I Remittance Rate for REMIC I Regular Interest I-LTAA minus the Marker Rate, divided by (b) 12.

  • Excess Contribution means a contribution that exceeds the

  • Contribution Date has the meaning set forth in Section 4.3 hereof.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Actual Contribution Percentage means, with respect to a Plan Year, the ratio (expressed as a percentage) of the sum of the amount of (a) Matching Contributions, (b) After-Tax Contributions, (c) Qualified Nonelective ESOP Contributions, and (d) Tax Deferred Contributions recharacterized as After-Tax Contributions, made on behalf of the Participant for the Plan Year to the Participant’s Testing Compensation for the Plan Year.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.