Shortfall Payment Date definition

Shortfall Payment Date has the meaning provided in Section 2.6(o).
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Shortfall Payment Date means the first Payment Date on which a Shortfall Amount exists.
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Shortfall Payment Date has the meaning set forth in Section 1.14(e).
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Examples of Shortfall Payment Date in a sentence

  • If the Adviser believes there is any likelihood that the Fund will draw on the Financial Warranty, it shall provide the Warranty Provider and the Fund with notice of such event at least ten (10) business days before the Shortfall Payment Date or the Early Termination Date, as applicable (or on the date it learns of such shortfall, if shorter) (an “Expected Shortfall Notice”).

  • Excluded Asset Reporting: On any Put Settlement Date or Shortfall Payment Date, the Calculation Agent shall determine and report to Party A (i) the portion of any Shortfall Amounts payable on such Shortfall Payment Date which are related to Excluded Assets (each an “Excluded Asset Shortfall Amount”) and (ii) the portion of any Put Settlement Amounts payable on such Put Settlement Date which are related to Excluded Assets (each any “Excluded Asset Put Settlement Amount”).


More Definitions of Shortfall Payment Date

Shortfall Payment Date. Section 3(b).
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Related to Shortfall Payment Date

  • Shortfall Payment has the meaning specified in Section 3.7.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Shortfall Amount as defined in Section 2.6.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

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

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Scheduled Final Payment Date means, with respect to each Tranche of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Tranche in accordance with the Expected Amortization Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date with respect to any Tranche shall be the last Scheduled Payment Date set forth in the Expected Amortization Schedule relating to such Tranche. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Securitization Bonds.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • 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.

  • Excess Cash Flow Payment Date means the earlier of (a) the date occurring 90 days after the last day of each fiscal year of the Borrower (commencing with the fiscal year of the Borrower ending December 31, 2018) and (b) the third Business Day following the date on which financial statements with respect to such period are delivered pursuant to Section 5.01(c).

  • 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.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Principal Payment Dates means unless otherwise determined by the Fiscal Officer in the Certificate of Award, December 1 in the years from and including 2020 to and including 2035, provided that in no case shall the latest Principal Payment Date be later than the maximum maturity of the Bonds referred to in the preambles hereto.

  • Principal Payment Amount For any Distribution Date, an amount equal to the related Principal Remittance Amount for such date minus the related Overcollateralization Release Amount, if any, for such date.

  • 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).

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Servicer Prepayment Charge Payment Amount The amounts payable by the Servicer in respect of any waived Prepayment Charges pursuant to Section 2.05 or Section 3.01.

  • Payment Date means the 15th day of each month, or, if any such date is not a Business Day, the next succeeding Business Day, commencing April 17, 2017.

  • Class A Monthly Principal means the monthly principal distributable in respect of the Class A Certificates as calculated in accordance with subsection 4.07(a).