Discount Fee the Discount Fee, payable in consideration of the rendering of the Credit and Collection Services, which will be deducted from the Purchase Price.
Discount Fee. The Seller agrees to pay SCTSC a discount fee on the outstanding Qualified Receivable(s) purchased calculated at the applicable LIBOR (defined below) plus a spread of seventy five basis point per annum (75 b.p. p.a.) (the "Discount Fee"). The Discount Fee due by the Seller to SCTSC shall be calculated on the aggregate face value of the Qualified Receivable(s) purchased by SCTSC from the date payment was made to the Seller to the Invoice Due Date, calculated on the basis of a 360 actual day year. SCTSC will deduct the applicable Discount Fee from its payment due to the Seller, plus any and all other fees and incidental expenses incurred or anticipated by SCTSC (including legal and other fees) in obtaining payment from the Buyer. The Discount Fee as specified above will apply for a period not to exceed the Invoice Due Date for the Qualified Receivable(s) purchased. LIBOR is defined as the rate per annum at which deposits in US Dollars for the period comparable to the period from the date SCTSC is to make payment to the Seller to the date payment is due to SCTSC from the Buyer are offered to SCTSC by the Bank, as quoted at 11:00 a.m. New York time, for value two (2) Business Days (as defined herein) prior to the date when payment is made by SCTSC to the Seller, provided, however, that if the Bank cannot offer SCTSC a LIBOR rate calculated as set forth above, the Seller agrees that the LIBOR rate shall be defined as such other rate as the Bank shall determine as its cost of funds. A Business Day is defined as a day on which SCTSC and commercial banks are open for business in New York, New York.
Discount Fee. Dealer agrees to pay HWF and upfront discount fee of from five percent (5%) to fifteen percent (15%) of the value of the loaned amount. HWF will establish discount percentage (5% to 15%) on a loan by loan basis.
Discount Fee. (a) Client shall pay to Purchaser a per diem fee equal to: (a) the Outstanding Account Balance as of such date, multiplied by (b) the Discount Rate, divided by (c) 360 (the “Discount Fee”). The Discount Fee shall accrue on a daily basis on the Outstanding Account Balance as of such date and shall be payable by Client to Purchaser monthly, on the last day of each month (except that, in the event of any breach or default by Client of this Agreement, the Discount Fee shall be payable upon demand). The Discount Fee may be charged by the Purchaser to the Client Ledger Account as and when due.
Discount Fee. The Seller agrees to pay SCTSC a discount fee (the "Discount Fee") on (i) the outstanding Qualified Receivable(s) purchased and (ii) the Additional Purchase, in each case calculated at the applicable LIBOR (defined below) plus the Applicable Margin. As used herein, "
Discount Fee. The amount determined by multiplying the prime rate as announced by Nations Bank or a bank approved by PFS VI from time to time plus four percent per annum times the Outstanding Purchase Amount calculated in advance and due and payable at each closing and reconciled quarterly based on the average daily balance
Discount Fee. As used herein, with respect to any Assigned Account, "Discount Fee" means a percentage of the net face value of the Account based on the number of days elapsing from and including the date of our acceptance of the Account to and including the date on which we shall have collected the Account in full in good funds, all as set forth more particularly in the table immediately below, provided that in no event shall the Discount Fee be less then twenty-five dollars ($25.00). ============================================ Days Elapsed Discount Fee 1-15 0.90% 16-30 1.80% 31-45 2.70% 46-60 3.60% 61-75 4.50% 76-90 5.40% Net Remaining Percentage ============================================
Discount Fee. The term "Discount Fee" means the fixed percentage charge that you agree to pay us from the Receivables purchased by us pursuant to this Agreement. The Discount fee will be deducted from the Face Amount of the Receivables purchased. Subject to the limitations set forth in Section 6.2 of this Agreement, we may amend the Discount Fee from time to time upon written notice to you based upon considerations of transaction volume, delinquency, current economic conditions, and other factors described herein. Initially, and except as otherwise provided the Discount Fee will be equal to the following % of the Receivables purchased by us: DISCOUNT FEE: DISCOUNTFEE%[17] BANK INITIALS _____ MERCHANT INITIALS __________.
Discount Fee. As used herein, with respect to any Assigned Account, “Discount Fee” means a percentage of the net face value of the Account based on the number of days elapsing from and including the date of our acceptance of the Account to and including the date on which we shall have collected the Account in full in good funds, all as set forth more particularly in the table immediately below, provided that in no event shall the Discount Fee be less then twenty-five dollars ($25.00). Days Elapsed Discount Fee 1-30 0.75% 31-60 1.50% 61-75 1.95% 76-90 2.40% Over 90 0.45% for each period of 15 days (or portion thereof) elapsing until collection
Discount Fee. Seller shall pay the Discount Fee equal to 1.00% of each Accepted P.O., payable upon each such P.O. Advance and chargeable against any such Advance.
