Definition of Deficiency Amount

  1. Deficiency Amount means an amount of shares of New GGP Common Stock equal to the sum, if positive of (A) the Put Shares minus (B) the quotient of (x) Excess Equity Capital Proceeds divided by (y) the Per Share Purchase Price.

Examples of Deficiency Amount in a sentence

  1. On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class A Deficiency Amount"), of (x) the aggregate amount accrued pursuant to this Section 4.2 as of the prior Distribution Date over (y) the amount actually transferred from the Distribution Account for payment of such amount.
  2. Pursuant to Clause 5.10(b)(ii): (i) Class B Monthly Finance Amount (pound)___________ (ii) Class B Deficiency Amount (pound)___________ (iii) Class B Additional Finance Amount (pound)___________ 10.
  3. Upon delivery of the Deficiency Amount to the Agent, such Deficiency Amount shall form part of the Pledged Collateral.

Definition of Deficiency Amount in Guaranty

Deficiency Amount means (i) with respect to any Interest Payment Date, the excess, if any, of (a) all Adjusted Periodic Interest/Prepayment Penalty then due for such Interest Payment Date, over (b) all amounts available in any Trust Account and allocable to the payment of such Adjusted Periodic Interest/Prepayment Penalty as of such Interest Payment Date in accordance with the priorities of payments set forth in the Indenture, and (ii) with respect to the Final Maturity Date for any Class of Notes, the Outstanding Amount of such Class of Notes to the extent unpaid on such Final Maturity Date after application of all funds available for reduction of principal of such Class of Notes on such Final Maturity Date in accordance with the priorities of payments set forth in the Indenture; provided that such Outstanding Amount shall not be greater than the Maximum Invested Amount for such Class of Notes.


Definition of Deficiency Amount in Collateral Agent

Deficiency Amount means an amount of shares of New GGP Common Stock equal to the sum, if positive of (A) the Put Shares minus (B) the quotient of (x) Excess Equity Capital Proceeds divided by (y) the Per Share Purchase Price.


Definition of Deficiency Amount in Amended and Restated

Deficiency Amount means any amount that is less than the entire amount a Borrower is entitled to receive by way of contribution or subrogation from, but that has not been paid by, the other Borrowers in respect of any Recovery Amount attributable to the Borrower entitled to contribution, until the Deficiency Amount has been reduced to zero through contributions and reimbursements made under the terms of this Section 2.10(e) or otherwise.