Shortfall Threshold definition

Shortfall Threshold means three million dollars ($3,000,000), which will be increased by an amount equal to the product of (a) the Minimum Quarterly Distribution multiplied by (b) the number of additional Common Units received by NEE Partners following the Closing Date;
Sample 1Sample 2Sample 3
Shortfall Threshold has the meaning set forth in Section 4.8.2.
Sample 1Sample 2Sample 3
Shortfall Threshold means $ (or, with respect to the period commencing on the Closing Date and ending on September 30, 2014, it means $ ) and will be increased by an amount equal to the product of (a) the Minimum Quarterly Distribution (or, with respect to the period commencing on the Closing Date and ending on September 30, 2014, it means the product of $ multiplied by a fraction of which the numerator is the number of days in such period, and of which the denominator is 92) multiplied by (b) the number of additional Units received by NEE Partners following the Closing Date;
Sample 1

Examples of Shortfall Threshold in a sentence

  • Like most actin binding proteins, MIM and IRSp53 are multidomain proteins, containing protein- protein interaction modules, involved in signaling and lo- calization, and structurally conserved actin binding motifs.

  • In the event that the Profit Guarantee is not met and the APAT of a Target Company is below the Shortfall Threshold, the respective Vendor(s) who hold(s) shares in such Target Company (as at the date of the SPA) is required to pay the respective Shortfall Compensation to the Company in cash upon demand.

  • As detailed in paragraphs 2 and 3.1 above, the Shortfall Threshold in respect of JLMS was for a sum of S$271,225.80 and the actual APAT of JLMS for FY2019 was a sum of S$207,794.00 resulting in a variance between the Shortfall Threshold and the actual APAT of JLMS of a sum of S$63,431.80.

  • If the Contractor is unable to accept and process Processable Waste delivered by Agency during such 90 day period, then the Tons of Processable Waste that the Contractor could not accept and process shall be subtracted from the Guaranteed Annual Tonnage as calculated in Article 3.11 and the UCC Tonnage Shortfall Threshold as calculated in Article 6.5(d).

  • As detailed in paragraphs 2 and 3.1 above, the Shortfall Threshold in respect of JLMS, JLMW and JLMYT was for an aggregate sum of S$735,246.00 and the actual APAT of these Target Companies for the financial year ended 31 December 2020 was an aggregate sum of S$600,274.00 resulting in a variance between the Shortfall Threshold and the actual APAT of JLMS, JLMW and JLMYT of an aggregate sum of S$134,972.00.

  • As detailed in paragraphs 2 and 3.1 above, the Shortfall Threshold in respect of JLMS was for a sum of S$271,255.80 and the actual APAT of JLMS for the financial year ended 31 December 2018 was a sum of S$250,370.00, resulting in a variance between the Shortfall Threshold and the actual APAT of JLMS of a sum of S$20,855.80.

  • Due to the expiration of the Purchase Price Adjustment Period, the provisions relating to Aggregate Shortfall, Shortfall and Shortfall Threshold have been deleted in the MSA.

  • Any excess sales for an indication or indications will be applied to any deficit sales for any other indication or indications in any same year.

  • In the event that the Profit Guarantee is not met and the APAT of a Target Company is below the Shortfall Threshold, the respective Vendor(s) who hold(s) shares in such Target Company (as at the date of the Sale and Purchase Agreement) is required to pay the respective Shortfall Compensation to the Company in cash upon demand.


More Definitions of Shortfall Threshold

Shortfall Threshold means $1,011,000.
Sample 1

Related to Shortfall Threshold

  • Shortfall Amount as defined in Section 2.6.

  • Shortfall Payment has the meaning specified in Section 3.7.

  • Substitution Shortfall Amount As defined in Section 2.03(d).

  • 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.

  • M3 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 85.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Target Amount is defined in Section 4.3(b)(i).

  • M4 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 84.30% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • Excess Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the Overcollateralization Amount on such Distribution Date over (b) the Required Overcollateralization Amount for such Distribution Date.

  • Deficiency Amount shall have the meaning set forth for such term in Section 4.03(a) hereof. “Department” shall mean the South Carolina Department of Revenue.

  • Cap Amount shall have the meaning set forth in Section 2.3.10.

  • M1 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 70.00% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Capitalization Reimbursement Shortfall Amount With respect to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, the amount, if any, by which the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of all Mortgage Loans (or, if the Mortgage Pool is comprised of two or more Loan Groups, on the Mortgage Loans in the related Loan Group) during the preceding calendar month exceeds the amount of principal payments on the Mortgage Loans included in the Available Distribution Amount (or, if the Mortgage Pool is comprised of two or more Loan Groups, Available Distribution Amount for the related Loan Group) for that Distribution Date.

  • Excess Overcollateralized Amount With respect to the Class A Certificates and the Mezzanine Certificates and any Distribution Date, the excess, if any, of (i) the Overcollateralized Amount for such Distribution Date (calculated for this purpose only after assuming that 100% of the Principal Remittance Amount on such Distribution Date has been distributed) over (ii) the Overcollateralization Target Amount for such Distribution Date.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Collateral Shortfall Amount is defined in Section 8.1.

  • Cumulative Excess Cash Flow means the sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2013 and Excess Cash Flow for each succeeding completed fiscal year.

  • Shortfall means the ACP emissions minus the ACP limit when the ACP emissions were greater than the ACP limit during a specified compliance period, expressed to the nearest pound of VOC. Shortfall does not include emissions occurring prior to the date that the ACP agreement approving an ACP is signed by the board.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Class B-4 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-4 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-4 Certificates on such Distribution Date pursuant to Paragraph fourteenth of Section 4.01(a).

  • Class B-6 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-6 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-6 Certificates on such Distribution Date pursuant to Paragraph twentieth of Section 4.01(a).

  • Overcollateralization Deficiency Amount With respect to any Distribution Date, the amount, if any, by which the Overcollateralization Target Amount exceeds the Overcollateralized Amount on such Distribution Date (assuming that 100% of the Principal Remittance Amount is applied as a principal distribution on such Distribution Date).

  • Class B-2 Interest Shortfall Amount As to any Distribution Date, any amount by which the Interest Accrual Amount of the Class B-2 Certificates with respect to such Distribution Date exceeds the amount distributed in respect of the Class B-2 Certificates on such Distribution Date pursuant to Paragraph eighth of Section 4.01(a).

  • Overcollateralization Target Amount means 0.85% of the Adjusted Pool Balance as of the Cutoff Date.