SHORTFALL AMOUNTS definition

SHORTFALL AMOUNTS. Means, as of any Remittance Date, the sum of (i) the Interest Shortfall Carryforward Amounts with respect to the Class M-1, Class M-2 and Class B Certificates, and (ii) the Class M-1, Class M-2 and Class B Realized Loss Amounts.
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SHORTFALL AMOUNTS. Means, as of any Remittance Date, (a) with respect to Pool II, the sum of (i) the Interest Shortfall Carryforward Amounts with respect to the Class MV-1, Class MV-2 and Class BV Certificates and (ii) the Class MV-1, Class MV-2 and Class BV Realized Loss Amounts and (b) with respect to Pool III, the sum of (i) the Interest Shortfall Carryforward Amounts with respect to the Class MH-1, Class MH-2 and Class BH Certificates and (ii) the Class MH-1, Class MH-2 and Class BH Realized Loss Amounts.
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SHORTFALL AMOUNTS has the meaning set forth in Section 5.8.
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Examples of SHORTFALL AMOUNTS in a sentence

  • If after the end of any Fiscal Year it is determined that a Member’s Tax Amount for the Fiscal Year exceeds the sum of the cumulative Tax Advances made to the Member hereunder and the Distributions made to such Member under Section 7.2, if any, for such Fiscal Year (any such excess, a “Shortfall Amount”), then the Company shall, on or before March 15 of the following Fiscal Year, make an additional Tax Advance to the Members of their respective Shortfall Amounts.

  • The affirmative vote of all the Representatives shall be required for decisions of the Management Committee with respect to the approval of amendments to the Development Budget and to the Development Program, approval of Cash Calls in respect of Shortfall Amounts, and with respect to the terms and condition of the Shareholders Agreement and any material Project Document or Financing Agreement.

  • Any Tax Distribution Shortfall Amounts will be carried forward to subsequent Fiscal Years and will be distributed when and to the extent that the Company has sufficient Available Cash.

  • If after the end of any Fiscal Year it is determined that a Company Member’s Tax Amount for the Fiscal Year exceeds the sum of the cumulative Tax Advances made to the Company Member hereunder and the Distributions made to such Company Member under Section 11.1, if any, for such Fiscal Year (any such excess, a “Shortfall Amount”), then the Company shall, on or before March 15 of the following Fiscal Year, make an additional Tax Advance to the Company Members of their respective Shortfall Amounts.

  • In the event and to the extent that the Reserved Distribution Amount of a Debtor (including any amounts retained in such Reserved Distribution Amount for funding Shortfall Amounts of such Debtor) at any time exceeds the aggregate of the Asserted Claim Amounts of the Remaining Disputed Claims against such Debtor, such excess portion of the Reserved Distribution Amount of the Debtor shall be released to Available Cash of such Debtor.

  • A Contingency Reserve Deployment Failure Charge that is equal to the Resource’s Shortfall Amount(s) multiplied by the average of the Real-Time Ex Post LMP of the Resource Commercial Pricing Node for the Dispatch Intervals of the Contingency Reserve Deployment Period in which the failure(s) occurred, where the Shortfall Amount equals the Dispatch Interval Setpoint Instruction minus the Actual Energy Injection in any Dispatch Interval.

  • If the General Partner determines that there would have been a Total Shortfall Amount with respect to any Limited Partner as of the Testing Date, the General Partner shall, within one hundred and eighty (180) days of the Testing Date, repay to the Partnership, for distribution to the Limited Partners in accordance with Section 7.1.3, the Total Shortfall Amounts which shall be determined in accordance with Section 13.3(b) as if the Testing Date was the liquidation date of the Partnership.

  • The distribution of any Tax Distribution Shortfall Amounts to a Member shall for all purposes of this Agreement be a Tax Distribution and shall reduce future amounts otherwise distributable to such Member under Section 3.1 or Section 9.3(a).

  • On the next Business Day following receipt of such proceeds under a Letter of Credit in accordance with paragraph 9.5.2 (b), the FAA shall pay on behalf of the BSC Clearer such amounts as have been credited to the Reserve Account to the Shortfall Creditors in full or (as the case may be) in proportion to their respective Shortfall Amounts, except where paragraph 9.6.8 applies.

  • The Municipal Parties acknowledge and agree that in reliance upon such covenants, and subject to receipt of the Shortfall Amounts, Northglenn shall represent that it has sufficient funds to enter into a contact for the construction and construction management of the Northglenn Ralston House as more particularly described in Section 2 of this Agreement.


More Definitions of SHORTFALL AMOUNTS

SHORTFALL AMOUNTS means Letter of Credit Shortfall Amounts and TOB Liquidity Shortfall Amounts.
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SHORTFALL AMOUNTS shall have the meaning set forth in Section 6.10.
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SHORTFALL AMOUNTS. The sum of all amounts paid to the Certificates with respect to all related: (x) Interest Shortfall Carryforward Amounts for the Class M and Class B Certificates; and (y) Applied Realized Loss Amounts.
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SHORTFALL AMOUNTS has the meaning specified in the Dexia Guaranteed Put Contract and the Dexia Non-Guaranteed Put Contract, respectively.
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Related to SHORTFALL AMOUNTS

  • Shortfall Amount as defined in Section 2.6.

  • 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.

  • Collateral Shortfall Amount is defined in Section 8.1.

  • Unpaid Interest Shortfall Amount With respect to the Class A Certificates and the Mezzanine Certificates and (i) the first Distribution Date, zero, and (ii) any Distribution Date after the first Distribution Date, the amount, if any, by which (a) the sum of (1) the Monthly Interest Distributable Amount for such Class for the immediately preceding Distribution Date and (2) the outstanding Unpaid Interest Shortfall Amount, if any, for such Class for such preceding Distribution Date exceeds (b) the aggregate amount distributed on such Class in respect of interest pursuant to clause (a) of this definition on such preceding Distribution Date, plus interest on the amount of interest due but not paid on the Certificates of such Class on such preceding Distribution Date, to the extent permitted by law, at the Pass-Through Rate for such Class for the related Accrual Period.

  • Prepayment Interest Shortfall Amount With respect to any Mortgage Loan that was subject to a Principal Prepayment in full or in part during any Due Period, which Principal Prepayment was applied to such Mortgage Loan prior to such Mortgage Loan’s Due Date in such Due Period, the amount of interest (net of the General Servicing Fee) that would have accrued on the amount of such Principal Prepayment during the period commencing on the date as of which such Principal Prepayment was applied to such Mortgage Loan and ending on the day immediately preceding such Due Date, inclusive.

  • Shortfall Payment has the meaning specified in Section 3.7.

  • Interest Shortfall With respect to any Distribution Date and each Mortgage Loan that during the related Prepayment Period was the subject of a Principal Prepayment or constitutes a Relief Act Mortgage Loan, an amount determined as follows:

  • Available Funds Shortfall As defined in Section 3.03(b)(ii)(A).

  • Note Interest Shortfall means, for a Class and a Payment Date, an amount equal to the excess, if any, of the Accrued Note Interest for the prior Payment Date for the Class over the amount of interest that was paid to the Noteholders of that Class on the prior Payment Date, together with interest on the excess amount, to the extent lawful, at the Note Interest Rate for the Class for that Interest Period.

  • Net Interest Shortfall With respect to any Distribution Date, the Interest Shortfall, if any, for such Distribution Date net of Compensating Interest Payments made with respect to such Distribution Date.

  • Class Interest Shortfall As to any Distribution Date and Class, the amount by which the amount described in clause (i) of the definition of Class Optimal Interest Distribution Amount for such Class exceeds the amount of interest actually distributed on such Class on such Distribution Date pursuant to such clause (i).

  • Class A Interest Shortfall shall have the meaning specified in subsection 4.02(a).

  • Collateral Interest Shortfall shall have the meaning specified in subsection 4.02(c).

  • Class B Interest Shortfall shall have the meaning specified in subsection 4.02(b).