Shortfall Period definition

Shortfall Period. As defined in Section 2.5.

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

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.

Examples of Shortfall Period in a sentence

• Upon the implementation of the continuous monitoring system, for the purposes of determining any such average under-delivery, SFP, SFS and SFH shall be the average under-delivery of Primary Response, Secondary Response and High Frequency Response respectively during the Shortfall Period in which the Ancillary Service was, or should have been, provided.

• Interest Cap Amount: With respect to an Interest Shortfall Period End Date, an amount equal to the product of (i) the Outstanding Tranche Notional Amount as of such Interest Shortfall Period End Date, (ii) the Fixed Rate and (iii) a fraction the numerator of which is the actual number of days in the Interest Shortfall Calculation Period ending on such Interest Shortfall Period End Date and the denominator of which is 360.

• Shortfall Periods may not overlap; if a Shortfall Period occurs, no subsequent Shortfall Period will begin earlier than the day after the prior Shortfall Period.

• Incident Based Monitoring Scheme(c) Details of the incident based monitoring scheme (including without limitation the definitions of Shortfall Period and Incident, the calculation of service delivery and the determination of Incident start and end times) will be more particularly set out in a document entitled "Procedure for Incident Based Response Monitoring" ("the PIRM Document") to be produced by The Company and agreed by all relevant Users (such agreement not to be unreasonably withheld or delayed).

• Accordingly, Master Developer shall, consistent with market demand, exercise commercially reasonable efforts to develop the Planned Community in a manner and sequence that minimizes the Shortfall Period and amount.

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 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.

Shortfall Period has the meaning given in paragraph 6.2 of schedule 7.2 (Payments on Termination);

Shortfall Period means: where the Authority terminates this Agreement pursuant to clause 33.1.1 (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 2.1.1 of part 4 of schedule 7.1 (Charges and Invoicing)) falls short of 365 days; or where the Supplier terminates this Agreement pursuant to clause 33.3.1 (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, but in each case subject to the limit set out in paragraph 6.3. The Compensation Payment shall be no greater than the lower of: the relevant limit set out in annex ANNEX 1: ; and 120% of the estimate for the Compensation Payment set out in the relevant Termination Estimate. Full and final settlement Any Termination Payment and/or Compensation Payment paid under this schedule shall be in full and final settlement of any claim, demand and/or proceedings of the Supplier in relation to any termination by the Authority pursuant to clause 33.1.1 (Termination by the Authority) or termination by the Supplier pursuant to clause 33.3.1 (Termination by the Supplier) (as applicable), and the Supplier shall be excluded from all other rights and remedies it would otherwise have been entitled to in respect of any such termination. Invoicing for the payments on termination All sums due under this schedule shall be payable by the Authority to the Supplier in accordance with the payment terms set out in schedule 7.1 (Charges and Invoicing).

Shortfall Period has the meaning given in Paragraph 6.2;