Shortfall Date definition

Shortfall Date has the meaning set forth in Section 2.9(e)(i)b..
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Shortfall Date has the meaning specified in Section 6(b).
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Shortfall Date means the date on which the Agent provides notice to the Parent in accordance with Clause 21.2 (Market Value).
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Examples of Shortfall Date in a sentence

  • Following a Liquidity Shortfall Date, each Business Day on which the Liquidity Shortfall Amount is zero.

  • In the event Seller elects to commence Commercial Operation with a Facility size of less than Generating Facility Nameplate Capacity pursuant to Section 3.1.21, the Specified Amounts in Exhibit C shall be updated to reflect the values corresponding with the Generating Facility Nameplate Capacity measured as of the Capacity Shortfall Date, provided to PGE in writing, within ten (10) Business Days after the Capacity Shortfall Date.

  • As of the Applicable Vesting Date, any amount of the Trailing Twelve Month’s Earnings for the Applicable Vesting Date in excess of $50,000,000.00 shall be applied to the Trailing Twelve Month’s Earnings for the relevant Shortfall Date and the Performance Ratio with respect to such Shortfall Date shall be recalculated (the “Catch-up Ratio”).

  • For the avoidance of doubt, any amount of the Trailing Twelve Month's Economic Earnings for any fiscal year ending on any Vesting Date prior to a Shortfall Date that is in excess of $70,000,000.00 may be included in any calculation to determine whether Performance Shares shall become Vested Shares as of a subsequent Short-Fall Date.

  • Any Shares that would have vested as of the Shortfall Date had the Catch-Up Ratio been applied at the Shortfall Date shall immediately vest and become Vested Shares as of the Applicable Vesting Date.

  • This Section 2.2 shall be applicable on the Second Vesting Date and/or the Third Vesting Date (in either case, the “Applicable Vesting Date”) if (a) the Performance Ratio was less than 1.0 as of any Vesting Date (a “Shortfall Date”) preceding the Applicable Vesting Date, (b) this Section 2.2 has not previously been applied to result in a Performance Ratio of 1.0 with respect to such Shortfall Date, and (c) the CEO’s Service has not terminated prior to the Applicable Vesting Date.

  • Any Performance Shares that would have vested as of the Shortfall Date had the Catch-Up Ratio been applied at the Shortfall Date shall immediately vest and become Vested Shares as of the date of determination of the Catch-Up Ratio.

  • For the avoidance of doubt, Trailing Twelve Month’s Earnings in excess of $50,000,000.00 as of any Vesting Date prior to a Shortfall Date shall not be included in any calculation to determine whether Shares shall become Vested Shares as of any Applicable Vesting Date.

  • The minimum amount to be raised under the offer, excluding the Underwriting is $900,000, or such lesser amount as reduced by further underwriting of the Offer secured by the Company by the Shortfall Date.

  • In the event Seller elects to commence Commercial Operation with a Facility size of less than Nameplate Capacity pursuant to Section 3.1.17, the Specified Amounts in Exhibit C shall be updated to reflect the values corresponding with the Nameplate Capacity measured as of the Capacity Shortfall Date, provided to PGE in writing, within ten (10) Business Days after the Capacity Shortfall Date.


More Definitions of Shortfall Date

Shortfall Date shall have the meaning given that term in Section 2.9(b).
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Shortfall Date means the shortfall date as stated in the Timetable.
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Shortfall Date shall have the meaning set forth in SECTION 4.2(c) hereof.
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Shortfall Date means the first Business Day following the one-year anniversary of the Closing Date.
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Shortfall Date means any date following a Shortfall First Date when there is an obligation to make a prepayment pursuant to Clause 7.9(c) and such prepayment obligation is in whole or part unsatisfied.
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Related to Shortfall Date

  • Shortfall Amount as defined in Section 2.6.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • 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.

  • Deficiency Balance means, with respect to any Receivable, any deficiency balance, charged-off amount, Principal Balance, accrued interest and/or fees and any Related Security; provided, that such amounts and Related Security relate to a Receivable which is a Defaulted Receivable.

  • Collateral Shortfall Amount is defined in Section 8.1.

  • Shortfall Payment has the meaning specified in Section 3.7.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Deficiency Amount shall have the meaning set forth for such term in Section 4.03(a) hereof. “Department” shall mean the South Carolina Department of Revenue.

  • Class B-3 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-3 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-3 Certificates on such Distribution Date pursuant to Paragraph eleventh of Section 4.01(a).

  • Available Funds Shortfall As defined in Section 3.03(b)(ii)(A).

  • Class B Interest Shortfall Amount Any of the Class B-1 Interest Shortfall Amount, Class B-2 Interest Shortfall Amount, Class B-3 Interest Shortfall Amount, Class B-4 Interest Shortfall Amount, Class B-5 Interest Shortfall Amount or Class B-6 Interest Shortfall Amount.

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2023-A Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

  • Class B-6 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-6 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-6 Certificates on such Distribution Date pursuant to Paragraph twentieth of Section 4.01(a).

  • Return Accumulation Period means the period from (and including) a Periodic Distribution Date (or, in the case of the first Return Accumulation Period, the Issue Date) to (but excluding) the next (or, in the case of the first Return Accumulation Period, the first) Periodic Distribution Date;

  • Class B-1 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-1 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-1 Certificates on such Distribution Date pursuant to Paragraph fifth of Section 4.01(a).

  • Class B-2 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-2 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-2 Certificates on such Distribution Date pursuant to Paragraph eighth of Section 4.01(a).

  • Class B-4 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-4 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-4 Certificates on such Distribution Date pursuant to Paragraph fourteenth of Section 4.01(a).

  • Excess Cash Flow Payment Period means, with respect to the repayment required on each Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Class A Interest Shortfall Amount As to any Distribution Date and any Class of Class A Certificates, any amount by which the Interest Accrual Amount of such Class with respect to such Distribution Date exceeds the amount distributed in respect of such Class on such Distribution Date pursuant to Paragraph first of Section 4.01(a).

  • Accumulation Shortfall shall initially mean zero and shall thereafter mean, with respect to any Monthly Period during the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount for the previous Monthly Period over the amount deposited into the Principal Funding Account pursuant to subsection 4.9(c)(i) with respect to the Certificates for the previous Monthly Period.

  • Class A-P Collection Shortfall With respect to the Cash Liquidation or REO Disposition of a Discount Mortgage Loan and any Distribution Date, the excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount described in Section 4.02(b)(i)(C)(2).

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.