Default Discount Rate definition

Default Discount Rate means the Discount Rate less 300 basis points.
Default Discount Rate means the Discount Rate less 300 basis points until December 1, 2003, and thereafter the Discount Rate.
Default Discount Rate shall be the average of discount rates of the Federal Reserve Bank of Dallas in effect on the first day of each of the six calendar months preceding the month in which the Judgment Date falls, plus one percent (1%). If Tenant has abandoned the Premises, Landlord shall have the option of (i) retaking possession of the Premises and recovering from Tenant the amount specified in this Section 10.03A, or (ii) proceeding under Section 10.03B.

Examples of Default Discount Rate in a sentence

  • As used in clause (ii), the term "Default Discount Rate" shall be the average of discount rates of the Federal Reserve Bank of Dallas in effect on the first day of each of the six calendar months preceding the month in which the Judgment Date falls, plus one percent (1%).

  • Discount shall accrue and be payable at the Default Discount Rate on the Balance Subject to Discount.


More Definitions of Default Discount Rate

Default Discount Rate means the Discount Rate less 300 Basis Points.
Default Discount Rate. The Discount Rate plus the Default Spread.
Default Discount Rate. The Discount Rate plus 5% per annum.
Default Discount Rate means the Discount Rate less 300 basis points. "Discounted Value" means the Discounted Value of a Note Payment based
Default Discount Rate means the Prime Rate plus 3%.