Examples of Shortfall Date in a sentence
If the event referred to in Condition 8(b)(i)(C) or (D) has occurred and there is a Charged Agreement, the Counterparty shall have the right, but not the obligation, before the Shortfall Date, to make additional payments to the Issuer so that the Issuer would not be in any worse position as a result of the occurrence of such event.
If the Issuer is unable to arrange such substitution before the relevant Shortfall Date in the case of Condition 8(b)(i)(B), the Counterparty shall have the right, but not the obligation, in its sole discretion, under any such Charged Agreement to accept a lesser payment from the Issuer in respect of the Charged Assets (after any such withholding or accounting or suffering of tax by the Issuer in respect of the Charged Assets).
If, having used all reasonable endeavours, the Issuer is unable to arrange such substitution before the relevant Shortfall Date in the case of Condition 8(b)(i)(B), the Counterparty shall have the right, but not the obligation, exercisable prior to the Shortfall Date in its sole discretion, under any such Charged Agreement to accept a lesser payment from the Issuer in respect of the Charged Assets (after any such withholding or accounting or suffering of tax by the Issuer in respect of the Charged Assets).
If, having used all reasonable endeavours, the Issuer is unable to arrange such substitution before the relevant Shortfall Date, in the case of the events referred to in Condition 8(b)(i)(C) and where there is a Charged Agreement, the Counterparty shall have the right, but not the obligation, before the Shortfall Date, to make additional payments to the Issuer so that the Issuer would not be in any worse position as a result of the occurrence of such event.
If the event referred to in Condition 8(b)(i)(C) or (D) has occurred and there is a Charged Agreement which is a Swap Agreement or Repurchase Agreement, the Counterparty shall have the right, but not the obligation, before the Shortfall Date, to make additional payments to the relevant Issuer under such Charged Agreement so that the relevant Issuer would not be in any worse position as a result of the occurrence of such event.
If the relevant Issuer is unable to arrange such substitution before the relevant Shortfall Date in the case of Condition 8(b)(i)(B), the Counterparty shall have the right, but not the obligation, in its sole discretion, under any Charged Agreement which is a Swap Agreement or Repurchase Agreement to accept a lesser payment from the relevant Issuer in respect of such Charged Agreement (after any such withholding or accounting or suffering of tax by the relevant Issuer in respect of the Charged Assets).
Following a Liquidity Shortfall Date, each Business Day on which the Liquidity Shortfall Amount is zero.
If the Issuer is unable to arrange such substitution before the relevant Shortfall Date in the case of Condition 8(b)(i)(B), the Counterparty shall have the right, but not the obligation, in its sole discretion, under any such Charged Agreement to accept a lesser payment from the Issuer in respect of the Charged Agreements (after any such withholding or accounting or suffering of tax by the Issuer in respect of the Charged Assets).
Under the Bond Resolution, debt service payments made on the Bonds on and after the Shortfall Date will be made first to interest on a pro rata basis in accordance with interest payments due on all of the Bonds that are outstanding, and then to principal, pro rata in accordance with principal payments due on all outstanding Bonds that have matured (i.e., the bond’s maturity date or mandatory redemption date has then occurred or has already passed).
There is no additional detail or context provided about how Agent Bryant purportedly “dangle[d]” the video over Mr. Finlay’s head.