Common use of Shortfall Payments Clause in Contracts

Shortfall Payments. If on any Shortfall Date (as defined in the Standby Purchase Agreement) Softbank ECH fails to make a Shortfall Payment (as defined in the Standby Purchase Agreement) when due for any reason, then Softbank shall make such Shortfall Payment in accordance with Section 3 of the Standby Purchase Agreement by paying, within two (2) business days of such Shortfall Date, the Shortfall Payment amount otherwise required to be paid by Softbank ECH in accordance with the Standby Purchase Agreement with respect to the Revenue Commitment (as defined in the Standby Purchase Agreement) in question.

Appears in 2 contracts

Sources: Release, Reimbursement and Payment Agreement, Release, Reimbursement and Payment Agreement (Ariba Inc)