Examples of Class B Interest Shortfall in a sentence
Class B Monthly Interest 166,223.96 ----------------- Class B Interest Shortfall 0.00 I(4).
If the Class B Interest Shortfall with respect to any Payment Date is greater than zero, on each subsequent Payment Date until such Class B Interest Shortfall is fully paid, an additional amount (“Class B Additional Interest”) equal to the product of (i) 1/12, (ii) the Class B Note Interest Rate and (iii) such Class B Interest Shortfall (or the portion thereof which has not been paid to the Class B Noteholders) shall be payable as provided herein with respect to the Class B Notes.
This is especially because there are barriers to third party financing which is essential for projects where available funds (of the EES provider) are not sufficient to cover the whole initial investment.
To the extent lawful and enforceable, interest on any Class B Interest Shortfall shall accrue hereon to the extent provided in the Supplement.
On September 30, 2014, the United States Patent and Trademark Office duly and legally issued United States Patent No. 8,849,720 (“the ‘720 Patent”), entitled “Entertainment Event Ticket Purchase And Exchange System” after full and fair examination.