Shortfall Claim. 5.1.1 Each Consenting Beneficiary shall have an unsecured claim against the general estate of the Company in the amount of its 19/9 Shortfall (if any) (its “19/9 Shortfall Claim”, which may be zero) in accordance with and subject to the terms and conditions of this Clause 5. 5.1.2 Each 19/9 Shortfall Claim shall be deemed to have arisen upon the Administration Date.
Appears in 2 contracts
Sources: Omnibus Settlement Agreement, Common Terms Agreement