Shortfall Payment Amount definition

Shortfall Payment Amount means, with respect to a Delivery Year where the Delivery Year Performance is less than the Minimum Delivery Commitment, the lesser of: (a) the Collateral Requirement and (b) the result obtained by multiplying such Delivery Year’s bid price as indicated in Table 1 of the Cover Sheet and the Shortfall CMC Quantity.
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Shortfall Payment Amount has the meaning set forth in Section 5.07.
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Shortfall Payment Amount has the meaning set forth in Section 2.5(f)(i).
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Examples of Shortfall Payment Amount in a sentence

  • On or after the Series 2020-1 Closing Date, the Trustee shall establish, maintain, and administer one (1) segregated trust account denominated in Canadian Dollars which will hold any Canadian Dollar-denominated U.S. Shortfall Payment Amount.

  • Beginning with the second Quarter of 2002, and in each Quarter thereafter, to the extent a Quarterly Shortfall Payment Amount is due from Reliant to Novartis, the Quarterly Reserve Account balance as of the beginning of the relevant Quarter will be reduced at the end of such [***]: Certain information on this page has been omitted and filed separately with the Commission.

  • If the aggregate Estimated Monthly Payments previously invoiced to and paid by NewPage for such prior quarter are less than the actual costs allocable to NewPage for all Shared Services provided to NewPage or its Subsidiaries for such prior quarter (a “Shortfall Payment Amount”), Verso shall be entitled to receive the benefit of such Shortfall Payment Amount in accordance with Section 5.08(b).

  • If the aggregate Estimated Monthly Payments previously invoiced to and paid by SEG for such prior quarter are less than the actual costs allocable to SEG (based on the applicable Allocation Methodology) for all Services provided to SEG or its Subsidiaries for such prior quarter (a “Shortfall Payment Amount”), HPI shall be entitled to receive the benefit of such Shortfall Payment Amount in accordance with Section 5.06(b).

  • The Company’s credit risk relates primarily to trade receivables in the ordinary course of business and value added tax and other receivables.

  • To the extent Neurocrine's Details are [***] of the Final Detail Requirement during the [***], in addition to the Detail Shortfall Payment Amount, Neurocrine's Commission Payment with respect to such Detail shortfall shall be reduced pursuant to Section 8.2(a)(ii).

  • Quarter by the amount by which the Quarterly Shortfall Payment Amount exceeds the sum of Monthly Payment Amounts paid by Novartis to Reliant during the first two months of such Quarter, if any; provided, however, that in no event shall the balance in the Quarterly Reserve Account at the end of such Quarter be less than zero ($0.00).

  • The amount of any Carry Shortfall paid to Nytis pursuant to this Section 3.1(c) (the “Carry Shortfall Payment Amount”) will be deemed to be a payment of Carry Costs by Carbon TN Mining Co for purposes of Section 3.1(b), and following the payment of the Carry Shortfall Payment Amount, Carbon TN Mining Co will have no further obligation or liability pursuant to Section 3.1(a)(i).


More Definitions of Shortfall Payment Amount

Shortfall Payment Amount means an amount equal to: (A) the number of gallons in the Shortfall Quantity times *** of the applicable per-gallon price specified in the Index (assuming 42 gallons per barrel, and using the most current figure available as of the applicable date of determination), plus (B) *** of the amount specified in clause (A).
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Shortfall Payment Amount means an amount equal to: (A) the number of gallons in the Shortfall Quantity times [***] of the applicable per-gallon price specified in the Index (assuming 42 gallons per barrel, and using the most current figure available as of the applicable date of determination), plus (B) [***] of the amount specified in clause (A).
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Related to Shortfall Payment Amount

  • Shortfall Payment has the meaning set forth in Section 7(b).

  • Payment Amount as defined in Section 3.5.

  • Monthly Payment Amount means, with respect to each Payment Date, a payment equal to the amount of interest which has accrued during the related Interest Accrual Period, computed at the Interest Rate.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Repayment Amount means the amount to be paid by the Recipient to the OPWC on each payment date of each year during the Term pursuant to the terms and conditions of the Note.

  • Reduction Amount has the meaning set forth in Section 2.05(b)(viii).