Discounted Amount definition

Discounted Amount means an amount equal to the sum of the Offer Discount, Volume Discount and Payment Discount, applied to the List Price of all Eligible Products ordered by the Customer under these Terms.

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Discounted Amount of any Advance means the amount by which the Stated Amount of such Advance exceeds the Discounted Proceeds of such Advance.

Discounted Amount means, at any single point in time, with respect to any Deferred Payments (or Additional Payments, as the case may be, solely for the purposes of Paragraphs 8.3(a) and 8.3(f)(B)) remaining due and payable (after giving effect to any adjustments pursuant to Paragraphs 4.1(d)(i)(B), 4.1(d)(i)(C), or 4.1(d)(ii)(C)), (a) if El Paso Corporation is not Investment Grade at that time, the net present value of such Deferred Payments or Additional Payments, as the case may be, payable in equal semi-annual installments through January 1, 2024, discounted at the rate per annum of 7.86196381773051%, and (b) if El Paso Corporation is Investment Grade at that time, the net present value of such Deferred Payments or Additional Payments, as the case may be, payable in equal semi-annual installments through January 1, 2019, discounted at the rate per annum of 7.48071747914203%; provided that for purposes of determining at any time the collateral maintenance requirements set forth in Paragraph 8.3(a) of this Agreement, the Deferred Payment or Additional Payment, as the case may be, maturity date will be January 1, 2024, and the net present value of the Deferred Payments or Additional Payment, as the case may be, at that point in time shall be calculated with a discount rate of 7.86196381773051%, and further provided that if El Paso Corporation becomes Investment Grade after the date hereof, then for purposes of this definition it shall remain Investment Grade notwithstanding any subsequent rating agency downgrade.

Examples of Discounted Amount in a sentence

In consideration of the Debtor’s faith to repay the Current Balance, the Creditor agrees to: (check one) ☐ – NOT Offer a Discounted Amount.
The amount of a prepayment in full on or before the Effective Date shall be the Non-Investment Grade Discounted Amount if El Paso Corporation is not Investment Grade at the time of prepayment, and the Investment Grade Discounted Amount if El Paso Corporation is Investment Grade at the time of prepayment.
The El Paso Settling Parties may, if El Paso Corporation is not then Investment Grade, prepay the Deferred Payments at any time after the Effective Date, but before the second anniversary of the Effective Date, by prepaying the full Discounted Amount then due, or any lesser desired amount.
Each of the El Paso Settling Parties covenants and agrees that the aggregate Value of the Acceptable Collateral shall be equal to or greater than the sum of the following, measured as of the close of each calendar quarter, so long as any Deferred Payments or Additional Payments, as the case may be, remain outstanding: (1) the Discounted Amount of the Deferred Payments, and (2) the Discounted Amount of the Additional Payments.
The El Paso Settling Parties, at the sole and absolute discretion of the Designated Representative, may if El Paso Corporation is then Investment Grade prepay the Deferred Payments in full at any time after the Effective Date, but before the second anniversary of the Effective Date, by paying the Discounted Amount then due.

More Definitions of Discounted Amount

Discounted Amount means the difference between the nominal value of the relevant Sukuk Cagamas and the relevant Murabahah Purchase Price (as defined below) in the case of Sukuk Cagamas issued at a discount.

Discounted Amount refers to the monetary savings the City realized as a result of the discounted price for the purchase of the System as specified in the equipment purchase agreement negotiated and executed by the City and Company. The Company agreed to this Discounted Amount in exchange for this right of entry and this agreement.

Discounted Amount means with respect to a Discounted Collateral Obligation, as of any date of determination, an amount equal to the product of:

Discounted Amount means, for each Sold Company listed on Schedule 1.1(a) hereto, the sum of the following: (i) the product of the Tier I Rate times the Excess Tier I Amount for such Sold Company, plus (ii) the product of the Tier II Rate times the Excess Tier II Amount for such Sold Company, plus (iii) the product of the Tier III Rate times the Excess Tier III Amount for such Sold Company.

Discounted Amount means, in respect of any Discount Obligation, the original purchase price (expressed as a percentage) paid therefor by or on behalf of the Issuer (exclusive of accrued unpaid interest) multiplied by the outstanding principal amount thereof (including any capitalised interest).

Discounted Amount means the difference between the nominal value of the Sukuk Murabahah and the Commodity Purchase Price in the case of Sukuk Murabahah issued at a discount.

Discounted Amount means the difference between the nominal value and the issue proceeds of the relevant Sukuk Cagamas in the case of Sukuk Cagamas issued at a discount.