Commercial Discount definition

Commercial Discount means, in relation to any Sold Receivable, any decrease in the face value of such receivable resulting from the granting of a discount for prompt payment, for quantity or as fidelity premium.
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Commercial Discount means in relation to any Transferred Receivable, any decrease in the face value of such receivable resulting from the granting of any rebate or any discount for prompt payment, for quantity or as fidelity premium.
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Examples of Commercial Discount in a sentence

  • Commercial Discount and Incentive Programs: An employee may participate in any particular matter affecting the sponsor of a discount, incentive or other similar benefit program if the disqualifying interest arises because of participation in the program, it is open to the general public, and the employee has no other financial interest in the sponsor.

  • In reply, the Lunds refer to another aspect of the decision in Commercial Discount, 61 Wis.2d at 687, 214 N.W.2d at 41, which, in their view, favors their position that set-off was wrong.

  • Even in reply to the Bank’s assertion with cited authority that the claim belongs to their children, the Lunds do not present any legal authority for their position that they are entitled to relief on this issue.The Bank, on the other hand, cites as authority Commercial Discount Corp.

  • The operator is encouraged to provide additional information beyond this minimum if it considers that this will help London Councils arrive at a more accurate assessment of the Ticket Discount Factor and the Commercial Discount Factor.1.10 Table 1 sets out the additional information that London Councils requires operators to provide for all ticket types.

  • The Commercial Discount Factor (CDF) which reflects the extent to which in the absence of the concession, operators would modify the mixture and pricing of ticket products relative to the current offer.

  • Also was established that the company shall assign a portion of the temporary economic assistance to cancel debt with producers due at December 31, 2014 in 36 monthly, equal and consecutive installments, plus interest, as from January 2015, calculated using the current “Average Active Rate of Banco Nación for Commercial Discount Operations” (2.05 % monthly rate), and starting to pay the installments on March 2015.

  • For the purposes of these Arrangements the value of the Commercial Discount Factor will be set at 0.67.

  • The trial court was not required to make a public policy determination, however, because under Commercial Discount Corp.

  • The Commercial Discount Corporation had a perfected security interest in Simplex’s funds.

  • Consolidated Rail Corp., 1994 WL 808075, at *4 (E.D. Mich., 1994); Commercial Discount Corp.

Related to Commercial Discount

  • BA Discount Rate means:

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • BA Discount Proceeds means, in respect of any Bankers' Acceptance, an amount calculated on the applicable Drawdown Date which is (rounded to the nearest full cent, with one-half of one cent being rounded up) equal to the face amount of such Bankers' Acceptance multiplied by the price, where the price is calculated by dividing one by the sum of one plus the product of (i) the BA Discount Rate applicable thereto expressed as a decimal fraction multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance and the denominator of which is 365, which calculated price will be rounded to the nearest multiple of 0.001%.

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Merchant discount means the fee or negotiated discount charged to a merchant by the financial institution for the privilege of participating in a program whereby a credit card is accepted in payment for merchandise or services sold to the credit card holder.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit M.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount has the meaning set forth in Section 6.06.

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(a)(v)(C) substantially in the form of Exhibit M-4.

  • Discount Range has the meaning specified in Section 2.05(d)(ii).

  • Discount Range Proration has the meaning set forth in Section 2.05(a)(v)(C)(3).

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Rate means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.