deficiency agreement

An agreement that calls on the sponsor or another party to provide the shortfall when cash flow, working capital, or revenues are below agreed levels or are insufficient to meet debt service. Bloomberg Financial Dictionary

Financial and business terms. 2012.

Look at other dictionaries:

  • Deficiency Agreement — An arrangement in which a party provides a firm with funds to cover any shortfalls arising from capital or cash flow restraints, allowing the company to service its debt. A deficiency agreement will usually have a cumulative limit specified by… …   Investment dictionary

  • Cash deficiency agreement — An agreement to invest cash in a project to the extent required to cover any cash deficiency the project may experience. The New York Times Financial Glossary …   Financial and business terms

  • cash deficiency agreement — An agreement to invest cash in a project to the extent required to cover any cash deficiency the project may experience. Bloomberg Financial Dictionary …   Financial and business terms

  • cash deficiency agreement — Fin a commitment to supply whatever additional cash is needed to complete the financing of a project …   The ultimate business dictionary

  • deficiency — de·fi·cien·cy /di fi shən sē/ n pl cies: an amount that is lacking or inadequate: as a: the difference between the amount of tax owed and the amount of tax paid b: the difference between the amount owed under a security agreement and the amount… …   Law dictionary

  • Tax clawback agreement — An agreement to contribute as equity to a project the value of all previously realized project related tax benefits not already clawed back to the extent required to cover any cash deficiency of the project. The New York Times Financial Glossary …   Financial and business terms

  • tax clawback agreement — An agreement to contribute as equity to a project the value of all previously realized project related tax benefits not already clawed back. Exercised to the extent required to cover any cash deficiency of the project. Bloomberg Financial… …   Financial and business terms

  • Договоренность о покрытии дефицита денежных средств — договоренность, в соответствии с которой акционеры участники проекта соглашаются предоставить компании средства на приобретение текущих активов в достаточных размерах. По английски: Cash deficiency arrangement Синонимы: Соглашение о дефиците… …   Финансовый словарь

  • Agriculture and Food Supplies — ▪ 2007 Introduction Bird flu reached Europe and Africa, and concerns over BSE continued to disrupt trade in beef. An international vault for seeds was under construction on an Arctic island. Stocks of important food fish species were reported… …   Universalium

  • Government procurement in the United States — is based on many of the same principles as commercial contracting, but is subject to special laws and regulation as described below. Persons entering into commercial contracts are pretty much free to do anything that they can agree on. Each… …   Wikipedia

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