Discount Factor. For the periods indicated, the “Discount Factor” shall mean and be as follows: Period Discount Factor from the Execution Date through the first anniversary of the Trigger Date (as defined below) ** from the first anniversary of the Trigger Date through the second anniversary of the Trigger Date ** from the second anniversary of the Trigger Date through the third anniversary of the Trigger Date **

Discount Factor. The "Discount Factor" for a related Undivided Interestat any time in a Yield Period means an amount determined as follows: DF = ED + ROD where: DF = the Discount Factor of such Undivided Interest at such time; ED = Earned Discount of such Undivided Interest accrued and unpaid at such time, as determined pursuant to Part I.B; ROD = Run Off Discount of such Undivided Interest at such time, as determined pursuant to Part I.D.

Discount Factor. This shall be 1.0 for the first five (5) years from the date of initial Energy delivered pursuant to Section 12.1. For the balance of the term of this Agreement, the discount factor shall be 0.87. B.3

Discount Factor. The Price is determined based on a discount factor (the "Discount Factor" ) multiplied by the Index Price. The Discount Factor is equal: