Examples of Shortfall Percentage in a sentence
If the Project Shortfall Percentage is 20% or less, there shall be no Community Recovery Payment due.
Reduce the claim of each futures customer or Cleared Swaps Customer by the Shortfall Percentage.
Xxxxxx Title: President PARKWAY PROPERTIES LP, By: PARKWAY PROPERTIES GENERAL PARTNERS, INC., By: /s/ Xxxxxx Xxxxxx Name: Xxxxxx Xxxxxx Title: Executive Vice President and COO By: /s/ Xxxxx Xxxxx Name: Xxxxx Xxxxx Title: EVP / Chief Investment Officer Exhibit “A” Principal Maximum Liability Shortfall Percentage Xxxxxxx/Xxxxxx Partners-Philadelphia, Ltd.
If there is a Project Shortfall Percentage that is equal to or greater than 20% in a Performance Period, then for such period the Company shall make a payment with respect to the Tax Savings incentive in the Incentives Table above (each payment, a “Community Recovery Payment,” and collectively, the “Community Recovery Payments”) to the respective Taxing Authorities so specified above in an amount equal to the Recovery Value for such period multiplied by the Project Shortfall Percentage.
The average of the Community Jobs Shortfall Percentage and the Community Investment Shortfall Percentage shall be the “Project Shortfall Percentage,” which shall also be calculated and stated in the Annual Report.