Potential Shortfall definition

Potential Shortfall is defined in subsection 4.1(b)(ii)(x).
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Potential Shortfall has the meaning given in Clause 7.7.4(iii);
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Examples of Potential Shortfall in a sentence

  • If the Firm becomes insolvent prior to fulfilment of its obligations in relation to (i), subject to and in accordance with the Client Money Rules the Potential Shortfall Amount will be available for distribution to the Client, and the Client will have a claim in respect of that Client Money as a result of the Firm's liability under (i).

Related to Potential Shortfall

  • Principal Shortfall For any Distribution Date, the amount, if any, by which (i) the Principal Distribution Amount for the preceding Distribution Date exceeds (ii) the aggregate amount actually distributed with respect to principal on the Non-Vertically Retained Principal Balance Certificates on such preceding Distribution Date in respect of such Principal Distribution Amount.

  • Principal Shortfalls shall have the meaning specified in Section 4.04.

  • Series Principal Shortfall means with respect to any Transfer Date, the excess, if any, of (a) (i) with respect to any Transfer Date relating to the Controlled Accumulation Period, the Controlled Deposit Amount for such Transfer Date, and (ii) with respect to any Transfer Date during the Rapid Amortization Period, the Adjusted Investor Interest over (b) the Investor Principal Collections minus the Reallocated Principal Collections for such Transfer Date.

  • Finance Charge Shortfall shall have the meaning specified in Section 4.09.

  • Daily Principal Shortfall means, on any date of determination, the excess of the Group One Monthly Principal Payment for the Monthly Period relating to such date over the month to date amount of Collections processed in respect of Principal Receivables for such Monthly Period allocable to investor certificates of all outstanding Series in Group One, not subject to reallocation, which are on deposit or to be deposited in the Principal Account on such date.