Deficit Amount definition

Deficit Amount has the meaning set forth in Section 2.06(e).
Deficit Amount has the meaning specified in Section 3.4(d).
Deficit Amount means the amount by which the sum of the Member’s Incurred Claims plus the Member’s pro-rata share (based upon the Member’s share of aggregate Net Pre- mium paid by all Members of the Group) of the Administra- tive Expenses exceeds the Member’s Net Premium.

Examples of Deficit Amount in a sentence

  • If Seller fails to pay the Deficit Amount within such period, Buyer may set off the Deficit Amount against fees due by Buyer under the Transition Services Agreement.


More Definitions of Deficit Amount

Deficit Amount has the meaning set forth in Section 3(c) hereof.
Deficit Amount shall have the meaning set forth in Section 12.5.
Deficit Amount has the meaning given in clause 14.1 (“Definitions”).
Deficit Amount shall have the meaning set forth in Part I of Appendix B.
Deficit Amount means an amount, if any, as determined by Newco, by which the actual aggregate distributions received by Newco with respect to the GP Interest and LP Interests are less than the fair value of such Interests as of the date hereof.
Deficit Amount means an amount equal to, as at the relevant date: the total of all Quarterly Payment Amounts and Annual Adjustment Amounts paid by the Commonwealth to Project Operator prior to the relevant date; less the total of all Quarterly Payment Amounts and Annual Adjustments Amounts paid by Project Operator to the Commonwealth prior to the relevant date, provided that if the Deficit Payment is a negative amount, then it is deemed to be zero;
Deficit Amount has the meaning specified in Section 1.5(d).