Late Payment Discount definition

Late Payment Discount. The amount equal to:
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Examples of Late Payment Discount in a sentence

  • For the avoidance of doubt, Seller’s receipt of notice from Account Debtor that the delivery of any Collections Payment or information in respect of the Purchased Receivable will be, or is reasonably likely to be, delayed shall not constitute a breach or default under this Agreement nor shall it affect the amount of a Late Payment Discount, if applicable.

  • For the avoidance of doubt, Sxxxxx’s receipt of notice from Account Debtor that the delivery of any Collections Payment or information in respect of the Purchased Receivable will be, or is reasonably likely to be, delayed shall not constitute a breach or default under this Agreement nor shall it affect the amount of a Late Payment Discount, if applicable.

Related to Late Payment Discount

  • Late Payment means any amount that is due and payable by law under a written procurement contract, without deferral, delay, or set-off under COMAR 21.02.07.03, and remains unpaid more than 45 days after an agency receives a Proper Invoice.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Late Payment Interest means and refer to interest on a particular Late Payment at the Default Rate.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Late Payment Surcharge shall have the meaning ascribed thereto in Article 10.3.3 of this Agreement;

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Late Payment Charge means the charge that is applied when either Party fails to remit payment for any charges by the Bill Due Date, or if payment for any portion of the charges is received after the Bill Due Date, or if payment for any portion of the charges is received in funds which are not immediately available or received by either Party as of the Bill Due Date, or if either Party does not submit the Remittance Information.

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • Interest Differential is defined in Section 3.4.

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Overdue Payment shall have the meaning specified in Section 4.03(a).

  • BA Discount Rate means:

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Aggregate Payments as defined in Section 7.2.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).