Shortfall Loan definition

Shortfall Loan shall have the meaning specified in Section 3.03(c).
Shortfall Loan has the meaning set forth in Section 4.02(b).
Shortfall Loan is defined in Section 4.2(d).

Examples of Shortfall Loan in a sentence

  • For the avoidance of doubt, it is agreed that the repayment of Revenue Shortfall Loan shall be in accordance with and subject to the provisions of Article 31.

  • The distribution, however, will be paid directly to the Other Member if the other Member has made a Shortfall Loan.

  • Shortfall Loans Where the Seller has been notified of the existence of a ShortfallLoan the Seller may repurchase (i) all Shortfall Loans outstanding at that time or (ii) a random selection of the Shortfall Loans existing at that time by making a cash payment to the Issuer or to such person as the Issuer may direct, in an amount equal to the Shortfall Loan Repurchase Amount.

  • For the avoidance of doubt, it is agreed that the repayment of Revenue Shortfall Loan shall be in accordance with and subject to the provisions of Article 31 .

  • Uni-Mart has satisfied all conditions precedent to the issuance of the Shortfall Loan, including, without limitation, paying all fees required to be paid as a condition to the issuance of the Shortfall Loan.


More Definitions of Shortfall Loan

Shortfall Loan. As defined in Section 2.2(a).
Shortfall Loan means the option, under a Shortfall Election, to treat Shortfall Advances as a loan to the Company instead of a Shortfall Capital Contribution.
Shortfall Loan has the meaning set forth in Section 3.6.3.
Shortfall Loan has the meaning given in Section 6.7(h).
Shortfall Loan shall have the meaning set forth in Section 6.02(b) hereof.
Shortfall Loan means a $4,000,000 credit facility to be provided by Provident to be used by Uni-Mart to fund Borrower Collateral Unit Shortfalls. The Shortfall Loan shall not be secured by (i) any collateral securing the Loans, (ii) Borrower Collateral Unit Excess Proceeds which are required to be deposited into the Cross Escrow Account or paid to LaSalle under this Agreement, or (iii) any collateral or proceeds covered by the Other Master Property Disposition Agreements (except to the extent otherwise expressly provided therein).
Shortfall Loan means a Loan in relation to which the Property has been sold and the Mortgage released, but where: