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).

Shortfall Contribution shall have the meaning given such term in Section 4.5 hereof.

Examples of Shortfall Contribution in a sentence

If there is more than one Contributing Member that desires to make a Shortfall Contribution, then the Contributing Members shall make such Shortfall Contribution in proportion to their respective Percentage Interests or in such other proportions as they may agree to in writing.
Upon the making of any Shortfall Contributions, Company shall issue to Member making a Shortfall Contribution a number of Shortfall Return Units corresponding to the aggregate cash consideration paid by Member in consideration for such Shortfall Return Units and, in connection therewith, Company shall record in its books and records and track the amount of Shortfall Contributions made by Member.
The Partnership shall issue Shortfall Return Interests to any Preferred Partner that makes a Shortfall Contribution in proportion to the amount of Shortfall Contributions made by such Preferred Partner (relative to other Preferred Partners).
If any Member elects to convert a Shortfall Contribution into a member loan (a "Member Loan") pursuant to Section 3.2(c), the Manager shall notify the Non-Contributing Member of the amount and date of the Member Loan and the Capital Account of the Non-Contributing Member shall be credited to reflect the payment of the proceeds of the Member Loan to the Company.
Each Contributing Member shall have the right, thereafter, within three days after receipt of the Shortfall Notice to contribute all or a portion of such Member(s)’ Shortfall Amount to the Company (a “Shortfall Contribution”), in which event such Shortfall Contribution shall be treated as a loan to the Declining Member (each, a “Member Loan”).

More Definitions of Shortfall Contribution

Shortfall Contribution is defined in Section 4.4C.

Shortfall Contribution. As defined in Section 4.3(ii)(b).

Shortfall Contribution has the meaning set forth in Section 5.2(a).

Shortfall Contribution means, for a Shortfall Contributor, the amount of the loan used to acquire the Class A Shares in question.

Shortfall Contribution means, in respect of a SCM and a Shortfall, the amount equal to such Shortfall multiplied by the Shortfall Ratio for such SCM;

Shortfall Contribution means, in respect of and RCM and a Shortfall, the amount equal to such Shortfall multiplied by the Shortfall Ratio for such RCM; and

Shortfall Contribution means, in respect of a Member and a Shortfall, the amount equal to such Shortfall multiplied by the Shortfall Ratio for such Member