Shortfall definition

Shortfall means the ACP emissions minus the ACP limit when the ACP emissions were greater than the ACP limit during a specified compliance period, expressed to the nearest pound of VOC. Shortfall does not include emissions occurring prior to the date that the ACP agreement approving an ACP is signed by the board.

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Shortfall means, with respect to a Distribution Date, an amount equal to the excess (if any) of (a) the sum of the amounts payable pursuant to (1) clauses (iv) through (ix) of Section 7.05(a), (2) clauses (i) through (vi) of Section 7.05(b) or (3) clauses (i) through (vi) of Section 7.05(c), as applicable, over (b) Available Monies for such Distribution Date minus the amounts payable pursuant to clauses (i) through (iii) of Section 7.05(a) on such Distribution Date.

Shortfall has the meaning specified in Section 2.2(b);

Examples of Shortfall in a sentence

• The Make-Good Obligors shall be jointly and severally liable to Purchaser for such Shortfall Amount payable to Purchaser hereunder.

• All fees payable under this Agreement, including the Backup Issuing Fee, the Cash App Program Purchase Volume Commission, the Cash App Program Collateral Review Support Fee, and the Cash App Program Purchase Volume Commissions Shortfall Obligation will be payable by Client to Marqeta in accordance with Section 8(a) of the Agreement after receiving an invoice from Marqeta.

• Such portion of the Quarterly Interest Shortfall that is capitalized and added to the outstanding principal amount of the Loans in accordance with the preceding sentence shall thereafter bear interest in accordance with Section 2.05 and otherwise be treated as an increase in the outstanding principal amount of the Loan for purposes of this Agreement.

• Subject to Clause 15, the rights and remedies set out in this Clause 6 shall be Purchaser’s sole right and remedy in relation to the Delivery of any Shortfall or Non-Conforming Product.

• By way of example, if the Cash App Program Purchase Volume Commissions for a given month are [***], the Cash App Program Purchase Volume Commissions Shortfall for such month will be [***] (such amount representing the Cash App Program Minimum Monthly Purchase Volume Commissions of [***] minus the actual Cash App Program Purchase Volume Commissions for such month of [***]).

More Definitions of Shortfall

Shortfall. Month End Interest Shortfall and Servicemembers’ Shortfall.

Shortfall shall have the meaning set forth in Section 7.3.1(b) hereof.

Shortfall has the meaning set forth in Section 6.2.

Shortfall means the difference between total Contract Price and the amount paid to the Contractor for Work satisfactorily completed;

Shortfall has the meaning set forth in Section 4.02(a).

Shortfall has the meaning given to it under Clause 8.1 of the Trust Deed;

Shortfall means the difference between the insurance settlement at the date which payment is made by your insurer under