Margin Shortfall definition

Margin Shortfall means, on the Closing Date or on any Principal Determination Date as calculated by PML as Administrator no later than one Business Day from the Interest Determination Date, the interest rate that is the greater of (a) zero per cent. and (b):
Margin Shortfall means thirty-three percent (33%) minus the Vivo Average Contribution Margin.
Margin Shortfall has the meaning specified in the Basic Terms.

Examples of Margin Shortfall in a sentence

  • Notwithstanding anything else in this Agreement to the contrary, so long as no Default or Event of Default has occurred and is continuing, the Grantor may, upon not less than ten (10) Business Days prior written notice, request that the Lender release its security interest in a designated portion of such Pledged Financial Assets, and the Lender shall release its security interest in such designated Collateral, provided that a Margin Shortfall or Sell-Out Shortfall shall not result from such release.

  • To give effect to the foregoing, SIRONA shall deliver notice to ▇▇▇▇▇▇▇▇▇ indicating that applicable targets were not satisfied consistent with timing of delivery of the Margin Shortfall Notice contemplated by Section 1.3.5 below.

  • To give effect to the foregoing, SIRONA shall deliver notice to ▇▇▇▇▇▇▇▇▇ indicating that applicable targets were not satisfied consistent with timing of delivery of the Margin Shortfall Notice referenced in Section 1.3.6 above.

  • Subject to Section 2.4(g), to the extent that the Annual Contribution Margin Shortfall, if any, of such Contract Year is less than the aggregate amount paid by or on behalf of Seller to Purchaser on account of any Quarterly Contribution Margin Shortfall(s) in respect of the Contract Quarters during such Contract Year, Purchaser shall pay the difference to Seller.

  • Buyer may draw on (i) the IBML Fund for any Margin Shortfall specified in a certificate of Buyer in the form of Exhibit B to the Escrow Agreement and (ii) on the General Fund for any Margin Shortfall specified in a Certificate of Buyer in the form of Exhibit C to the Escrow Agreement, in each case in accordance with the terms and conditions of the Escrow Agreement.

  • To give effect to the foregoing, SIRONA shall deliver notice to ▇▇▇▇▇▇▇▇▇ indicating that applicable targets were not satisfied consistent with timing of delivery of the Margin Shortfall Notice contemplated by Section 1.3.6 below.

  • For the avoidance of doubt, the Margin True-up ***** Confidential Payment made by ▇▇▇▇▇▇▇▇▇ shall not only avoid an Exclusivity Reduction but it shall also permit ▇▇▇▇▇▇▇▇▇ to earn a Master Achievement (as defined below in Section 1.3.7) with respect to the applicable Margin Shortfall Year.


More Definitions of Margin Shortfall

Margin Shortfall has the meaning given at 4(b).

Related to Margin Shortfall

  • Accumulation Shortfall shall initially mean zero and shall thereafter mean, with respect to any Monthly Period during the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount for the previous Monthly Period over the amount deposited into the Principal Funding Account pursuant to subsection 4.9(c)(i) with respect to the Certificates for the previous Monthly Period.

  • Class A-P Collection Shortfall With respect to the Cash Liquidation or REO Disposition of a Discount Mortgage Loan and any Distribution Date, the excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount described in Section 4.02(b)(i)(C)(2).

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

  • Available Funds Shortfall means, for any Payment Date and the related Collection Period, the positive difference, if any, of (i) the amount necessary to make all distributions required to be made pursuant to clauses (i) through (iii) of Section 2.08 over (ii) Collections on deposit in the Collection Account, to the extent received during or in respect of such Collection Period.

  • Collateral Shortfall Amount is defined in Section 8.1.