Initial Discount Period definition
Examples of Initial Discount Period in a sentence
ESCALATION OF LEASE CONSIDERATION: There shall be an annual escalation in the Lease Consideration payable every month to the LESSOR, at the rate of [●] % per annum over the existing monthly Lease Consideration rate, without taking into account the discount availed during the Initial Discount Period.
During the Initial Discount Period, the administration charge shall equal four cents ($0.04).
The Parties acknowledge and agree that the final Available Discount for any Reset Period following the Initial Discount Period will be determined on the applicable Re-Pricing Date, and that such Available Discount may differ from the estimate or estimates of such Available Discount provided to Purchaser and the other Project Participants prior to the applicable Remarketing Election Deadline.
On the date of this Agreement, the projected Annual Refund for the Initial Discount Period is [ cents ($0.
On the date of this Agreement, the projected Annual Refund for the Initial Discount Period is cents ($0.
After the Initial Discount Period all following twelve months’ periods shall commence on the first months after the end of the Initial Discount Period.