In Sipser's textbook "Introduction to the Theory of Computation, Second Edition," he defines nondeterministic time complexity as follows:
Let $N$ be a nondeterministic Turing machine that is a decider. The running time of $N$ is the function $f : \mathbb{N} \rightarrow \mathbb{N}$, where $f(n)$ is the maximum number of steps that $N$ uses on any branch of its computation on any input of length $n$ [...].
Part of this definition says that the running time of the machine $N$ is the maximum number of steps taken by that machine on any branch. Is there a reason that all branches are considered? It seems like the length of the shortest accepting computation would be a better measure (assuming, of course, that the machine halts), since you would never need to run the machine any longer than this before you could conclude whether the machine was going to accept or not.