Shortfall Period definition

Shortfall Period. As defined in Section 2.5.

Shortfall Period. The period from the Closing Date through the end of the last Due Period during which the scheduled monthly payment amount for any GPM Loan underlying any GPM Agency Security is less than the maximum scheduled monthly payment amount that will be due on such GPM Loan on any future date.

Shortfall Period shall have the meaning set forth in Section 2.24.

Examples of Shortfall Period in a sentence

• Notwithstanding the foregoing, during such time that the Common Stock continues to be listed on any U.S. national securities exchange, if a Market Disruption Event that is not waived by the Holder occurs on each Trading Day in a Stock Shortfall Period, clause (y) of the foregoing sentence shall be deemed to be equal to zero (0) for such Stock Shortfall Period.

• However, (1) the PDE Costs incurred by the Supplementing Party during the Shortfall Period for the Replaced PDEs shall be included in Sales and Marketing Costs; and (2) the costs incurred by the Initial Shortfall Party in performing PDEs in excess of its Required PDEs, as reduced by the Replaced PDEs, shall not be Sales and Marketing Costs or Commercialization Costs.

• After such the Shortfall Period, Borrower shall be obligated to pay the Scheduled Monthly Installment each month during the balance of the scheduled term of this Note (subject to reamortization as provided herein).

• RSCs are facing a financial shortfall owing to the capping of funding.

• After the Shortfall Period, Lender shall have the right, at its election, to reamortize the total outstanding principal hereunder, with accrued but unpaid interest thereon calculated pursuant to Section 1 above, over the remainder of the scheduled term of this Note and Borrower shall repay the indebtedness evidenced by this Note pursuant to such reamortization.

More Definitions of Shortfall Period

Shortfall Period has the meaning set forth in Section 5.09.

Shortfall Period means every fiscal year commencing after December 31, 1997 to and including the earlier of (i) the first fiscal year in which there is no Shortfall or (ii) the fiscal year immediately preceding the date of the closing of a public offering of Common Stock with a price to the public of $9.00 or more. "Shortfall" shall mean the difference, if a positive amount, between $3 million and the aggregate increase in Net Adjusted Xxxxxxxx over Baseline Net Adjusted Xxxxxxxx by the specialist physicians in any Additional Pod; provided, however, that there shall not be deemed to be a Shortfall in the event that there is less than $3 million increase in Net Adjusted Xxxxxxxx because the specialist physicians in the Additional Pods do not have the capacity to accept (unless the Additional Pods are attempting in good faith to add physicians with the applicable speciality and do add such additional capacity within six months of notification from PQC), or were otherwise unwilling to accept (provided that PQC shall give the Management Committee one month to cure any such unwillingness to accept new patients if such refusals to accept new patients are isolated occurrences and are not recurring), such referrals. "Adjustment Amount" with respect to any fiscal year shall be equal to (i) 45% of the Shortfall for such fiscal year less the Laboratory Allocation. The Laboratory Allocation with respect to each fiscal year shall be equal to the Net Margin from Laboratory Services allocated to Pod R under the Services Agreement. The amount of any Shortfall, Laboratory Allocation and Adjustment Amount shall be calculated as soon as practicable after the end of each fiscal year. Any reallocation on the basis of an Adjustment Amount shall be made on or prior to the date that the Additional Pod Medical Group Account is to be distributed to the physicians in the Additional Pods under the Services Agreement.

Shortfall Period means either (i) a Quarter in which the quantity of coal actually supplied by Seller to Purchaser during the Quarter is less than the Quarterly Amount or (ii) a Contract Year in which the quantity of coal actually supplied by Seller to Purchaser is less than the annual quantity for the Contract Year.

Shortfall Period have the respective meanings given in clause 3.64.

Shortfall Period means: where the Authority terminates this Agreement pursuant to Clause 33.1(a) (Termination by the Authority), a number of days equal to the number of days by which the notice given (or deemed given pursuant to Paragraph 2.1(a) of Part D of Schedule 7 (Charges and Invoicing)) falls short of three hundred and sixty-five (365) days; or where the Supplier terminates this Agreement pursuant to Clause 33.3(a) (Termination by the Supplier), a number of days equal to the number of days by which the period from (and including) the date of the non-payment by the Authority to (and including) the Termination Date falls short of 365 days,

Shortfall Period has the meaning set forth in Section 2.1(b)(ii).

Shortfall Period means that time, if any, where the Development of the Planned Community does not bring in sufficient revenues to the MSD to offset the MSD’s costs in administering the development of and providing services to the Planned Community as more fully specified in Section 5.2, below.