Discount Amount definition
Examples of Discount Amount in a sentence
Discount Amount = Amount of prepayment * 1% * Number of months prepaid.
Discount Amount = Amount of prepayment *1%*Number of months prepaid.
Except as expressly set forth in the following sentence, the Unrecaptured Advance and Discount Amount shall be satisfied solely by the withholding of Royalties (or as otherwise repaid under clause (3) above) and neither NPS nor Royalty Sub shall have any obligation to make any payment in respect thereof.
The term of this agreement shall be expressly and exclusively "at will", meaning that the consulting relationship between the Company and the Consultant may be terminated by the Consultant or by the Company at any time, with or without cause and with or without written notice, subject to the terms and conditions contained in Article 5 of this Agreement.
Section 2.13 is hereby amended by amending the first sentence thereof to read as follows: “At or prior to the Effective Time, Parent shall make available to the Exchange Agent (i) immediately available funds equal to the aggregate Cash Consideration and (ii) if the TARP Discount Amount has been determined, immediately available funds equal to the TARP Discount Amount (collectively, the “Exchange Fund”)” and by deleting the phrase “, such cash in lieu of fractional shares,” in the third sentence thereof.