Shortfall Loan definition

Shortfall Loan shall have the meaning specified in Section 3.03(c).

Shortfall Loan has the meaning set forth in Section 5.02(c)(ii)(B).

Shortfall Loan has the meaning set forth in § 5.2.3.

Examples of Shortfall Loan in a sentence

• For the avoidance of doubt, it is agreed that the repayment of Revenue Shortfall Loan shall be in accordance with and subject to the provisions of Article 31.

• Shortfall Loans Where the Seller has been notified of the existence of a ShortfallLoan the Seller may repurchase (i) all Shortfall Loans outstanding at that time or (ii) a random selection of the Shortfall Loans existing at that time by making a cash payment to the Issuer or to such person as the Issuer may direct, in an amount equal to the Shortfall Loan Repurchase Amount.

• The distribution, however, will be paid directly to the Other Member if the other Member has made a Shortfall Loan.

• For the avoidance of doubt, it is agreed that the repayment of Revenue Shortfall Loan shall be in accordance with and subject to the provisions of Article 31 .

• The Shortfall Loan shall not be considered "Project Reserve" or "Project Cost" under Section A.3.d. hereof for purposes of calculating the Developer's Target IRR under Section A.3.b. hereof.

More Definitions of Shortfall Loan

Shortfall Loan is defined in Section 4.2(d).

Shortfall Loan has the meaning given to it in Section 6.4 hereof.

Shortfall Loan means the option, under a Shortfall Election, to treat Shortfall Advances as a loan to the Company instead of a Shortfall Capital Contribution.

Shortfall Loan. As defined in Section 2.2(a).

Shortfall Loan means a loan from an Electing Shareholder (or its Funding Affiliate) to a Non-contributing Shareholder pursuant to clause 12.2, such loan to be made on the terms specified in Schedule 5.

Shortfall Loan has the meaning given in Section 6.7(h).

Shortfall Loan means a $4,000,000 credit facility to be provided by Provident to be used by Uni-Mart to fund Borrower Collateral Unit Shortfalls. The Shortfall Loan shall not be secured by (i) any collateral securing the Loans, (ii) Borrower Collateral Unit Excess Proceeds which are required to be deposited into the Cross Escrow Account or paid to LaSalle under this Agreement, or (iii) any collateral or proceeds covered by the Other Master Property Disposition Agreements (except to the extent otherwise expressly provided therein).