DAILY CONTRACT definition
Examples of DAILY CONTRACT in a sentence
MORTALITY AND EXPENSE RISK CHARGE: [1.60%] PER ANNUM OF THE DAILY CONTRACT VALUE.
ADMINISTRATION CHARGE: [0.25%] PER ANNUM OF THE DAILY CONTRACT VALUE.
MORTALITY AND EXPENSE RISK CHARGE: 1.25% PER ANNUM OF THE AVERAGE DAILY CONTRACT VALUE.
ADMINISTRATION CHARGE: 0% PER ANNUM OF THE AVERAGE DAILY CONTRACT VALUE.
The "DAILY CONTRACT BALANCE" is the amount of outstanding principal debt which Borrower owes DFS on the Working Capital Loans at the end of each day (including the amount of all Electronic Transfers authorized) after DFS has credited payments which it has received on the Working Capital Loans.
The "DAILY CONTRACT BALANCE" is the amount of outstanding principal debt which Borrower owes DFS on the Revolving Credit Loans at the end of each day (including the amount of all Electronic Transfers) after DFS has credited payments which it has received on the Revolving Credit Loans.
ADJUSTED DAILY CONTRACT VALUE On any given date, your adjusted daily contract value is equal to the sum of the adjusted daily segment values.