Shortfall Number definition

Shortfall Number shall have the meaning set forth in Section 3.2.5.

Shortfall Number has the meaning set forth in Section 3.01(i)(ii).

Shortfall Number has the meaning set forth in Section 2.04(c)(ii).

Examples of Shortfall Number in a sentence

• Notwithstanding the foregoing, in the event that Lessee terminates any lease of Site Spaces (including Shortfall Substitution Site Spaces) hereunder pursuant to Sections 2(d), 5(d), 10(a), 10(d), 11 or 16 below prior to the fifth (5th) anniversary of the date of this Lease, for purposes of calculating any Shortfall Payment Amount, the Shortfall Number shall be reduced by the aggregate number of Site Spaces (including Shortfall Substitution Site Spaces) as to which this Lease is so terminated.

• The positive numerical difference (if any) between 683 and the number of Transmitter Systems that Lessee has installed on the Acquired Towers as of the date hereof is referred to herein as the "Shortfall Number".

• In the event of a Site Space Shortfall, Lessee may in its discretion (from time to time) designate such number of Other Lease Spaces ("Shortfall Substitution Site Spaces") under any Other Leases up to the Shortfall Number, which designated Other Lease Spaces shall become Site Spaces under this Lease, the Other Leases shall terminate as to the Other Lease Spaces and Lessee shall have no further rental or other obligation under the Other Leases with respect thereto.

• In the event that Distributor purchases less than 22 Units during the Second Period (difference obtained by subtracting the number of Units so purchased from 22, the "Second Period Shortfall Number") and no Second Period Termination occurs, Distributor shall pay Company no later than December 7, 2007 a rebate amount equal to the product of $5,000.00 and the Second Period Shortfall Number.

• For example, if the number of employees listed on Exhibit E on the Closing Date is 17, then the Initial Employee Shortfall Number is -2.

More Definitions of Shortfall Number

Shortfall Number shall have the meaning stated in Section 2.8(b).

Shortfall Number is defined in Section 2.2(a)(ii) of the Agreement.

Shortfall Number shall have the meaning given to that term in SECTION 2.6(E)(II).

Shortfall Number has the meaning as set forth in Section 3.2(c)(ii) of the Agreement.

Shortfall Number shall have the meaning set forth in Section 2.2(e) of the Agreement.

Shortfall Number has the meaning set forth in Section 4.02(e).

Shortfall Number means, with respect to a given Shortfall Notice, the shortfall in Registrable Securities determined in accordance with Section 3.2; provided that as of any given time of determination, the Shortfall Number shall not exceed the remaining number of Registrable Securities held by the Stockholders at such time.