Fixed Discount means the percentage difference at the Commencement Date between the price submitted by the Supplier for a particular Good or Service and the benchmarked price quoted for the same Good or Service by IDC Smartindex.
Fixed Discount as defined in Section 2.25(a).
Fixed Discount means a discount of eight-tenths percent (.80%) of the Gross Amount of such account. "Variable Discount" means a discount computed on the Initial Payment and accruing on the basis of actual days elapsed from the date of Initial Payment until and including five business days after KBK receives and deposits the proceeds of collection of such account at a per annum rate equal to KBK's Base Rate (as hereinafter defined) in effect on the date of purchase of such account plus two percent (2.00%) per annum; provided, however, in no event shall the Variable Discount with respect to any account purchased hereunder be less than seven percent (7.0%) per annum. "Base Rate" means that per annum variable rate (expressed as a per annum percentage based on a year consisting of 360 days) determined from time to time by KBK without notice to Seller as KBK's Base Rate for purposes of calculating variable discounts under KBK's account transfer agreements. Notwithstanding the foregoing, in the event the KBK Base Rate exceeds the Prime Rate published in THE WALL STREET JOURNAL by more than 25 basis points for more than 30 consecutive days (the "Rate Termination Event"), Seller shall have the right for 30 days after such event to terminate this Agreement without payment of the Termination Fee; provided, however, Seller must notify KBK in writing of its intention to so terminate within 10 days after the occurrence of a Rate Termination Event. The Fixed Discount and the Variable Discount shall be collectively referred to herein as the "KBK Discounts". The KBK Discounts may be subject to one or more adjustments during the term of this Agreement if a Performance Based Pricing Addendum is attached hereto.
Examples of Fixed Discount in a sentence
This report first discusses briefly the need for more information on the use of drugs in the pediatric population and previous FDA efforts to encourage the development of more information on the effects of these products in children.
The Fixed Discount amount is based on the value of carrying contingency reserves on Manitoba Hydro units.
Ferguson Enterprises Fixed Discount % Bidder Name: OR Discount off retail by manufacturer.
Based on recent responses to the annual Individual Program Survey, approximately half of all districts and authorities offering distributed learning provide a blended learning program, for a total of approximately 6,300 students.
Jeanne presented the item which included a plan to approve changes in the 2% Fixed Discount Structure, and asked for suggestions and feedback to further direct the work of the Finance Committee and the Discounts Research Ad Hoc committee (DRAHC), who are working together on this issue.
More Definitions of Fixed Discount
Fixed Discount means a discount of seventy-five hundredths percent (.75%) of the Gross Amount of such account. "Variable Discount" means a discount computed on the Initial Payment and accruing on the basis of actual days elapsed from the date of Initial Payment until and including three business days after KBK receives and deposits the proceeds of collection of such account at a per annum rate equal to KBK's Base Rate (as hereinafter defined) in effect on the date of purchase of such account plus one and one-half percent (1.5%) per annum; provided, however, in no event shall the Variable Discount with respect to any account purchased hereunder be less than seven percent (7.0%) per annum. "Base Rate" means that per annum variable rate (expressed as a per annum percentage based on a year consisting of 360 days) determined from time to time by KBK without notice to Seller as KBK's Base Rate for purposes of calculating variable discounts under KBK's account transfer agreements. The Fixed Discount and the Variable Discount shall be collectively referred to herein as the "KBK Discounts". The KBK Discounts may be subject to one or more adjustments during the term of this Agreement if a Performance Based Pricing Addendum is attached hereto. If a Performance Based Pricing Addendum is attached hereto, it is then made a part hereof as though fully written herein."
Fixed Discount means a discount of one percent (1.0%) of the Gross Amount of such accounts. "Variable Discount" means a discount computed on the Initial Payment and accruing on the basis of actual days elapsed from the date of Initial Payment until and including five business days after KBK receives and deposits the proceeds of collection of such account at a per annum rate equal to KBK's Base Rate (as hereinafter defined) in effect on the date of purchase of such account plus two percent (2.0%) per annum; provided, however, in no event shall the Variable Discount with respect to any account purchased hereunder be less than seven percent (7.0%) per annum. "Base Rate" means that per annum variable rate (expressed as a per annum percentage based on a year consisting of 360 days) determined from time to time by KBK without notice to Seller as KBK's Base Rate for purposes of calculating variable discounts under KBK's account transfer agreements. The Fixed Discount and the Variable Discount shall be collectively referred to herein as the "KBK Discounts". The KBK Discounts may be subject to one or more adjustments during the term of this Agreement if a Performance Based Pricing Addendum is attached hereto. If a Performance Based Pricing Addendum is attached hereto, it is then made a part hereof as though fully written herein.
Fixed Discount means a discount of 1.02% of the Net Amount of such account for accounts paid within 1 day and an additional 0.0349% of the Net Amount of such account for each additional 1 day period that an account remains unpaid thereafter.
Fixed Discount means a discount of one percent (1.00%) of the Gross Amount of such account.
Fixed Discount means a discount of TWO percent (2.0%) of the Net Amount of such account. "Variable Discount" means a discount computed on the Initial Payment and accruing on the basis of actual days elapsed from the date of Initial Payment until and including five business days after KBK receives, in collected and immediately available funds, receipt of the proceeds of collection of such account at a per annum rate equal to KBK's Base Rate in effect on the date of purchase of such account plus TWO percent (2.0%) per annum; provided, however, in no event shall the Variable Discount with respect to any account purchased hereunder be less than seven (7.0%) per annum. "Base Rate" means that per annum variable rate (expressed as a per annum percentage based on a 360 day year) determined from time to time by KBK without notice to its Seller as KBK's base rate for purposes of calculating variable discounts under KBK's Account Transfer Agreement. The Fixed Discount and the Variable Discount (herein collectively referred to as KBK Discounts) may be subject to one or more adjustments during the term of this Agreement if a Performance Based Pricing Addendum is attached hereto. If an Addendum is attached hereto, it is then made a part hereof as though fully written herein.
Fixed Discount. Means an amount equal to one and twenty-five hundredths percent (1.25%) of the Gross Amount or Net Amount of a Purchased Receivable, as applicable, used to determine the Initial Payment with respect to such Purchased Receivable, which Fixed Discount shall apply to the Purchased Receivable during the Fixed Discount Period.
Fixed Discount. A Fixed Discount shall mean a percentage of the Gross Amount of each of the Accounts assigned to MCF pursuant to this Agreement. The discount is computed on the Gross Amount of an Account based on the actual days elapsed from the date of the Initial Payment for the Account until after the proceeds of collection for the Account are received and deposited by MCF. The percentages for this Agreement of the Fixed Discounts are set forth on Schedule A.