Liquidation Discount definition

Liquidation Discount on any day means an amount determined by Administrative Agent as follows: where: NPB = the Net Portfolio Balance on such day; BR = the Base Rate on such day; and DSO = the Days Sales Outstanding on such day.
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Examples of Liquidation Discount in a sentence

  • All computations of interest, Yield, Liquidation Discount, any fees payable under Section 4.1 and any other fees payable by Seller to any Purchaser, any Purchaser Agent, Agent or any other Secured Party in connection with Purchases hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) elapsed (except that calculations with respect to the Prime Rate shall be on the basis of a year of 365 or 366 days, as the case may be).

  • All computations of interest, Earned Discount, Liquidation Discount, any fees payable under SECTION 4.01 and any other fees payable by Seller to Purchaser, the Administrator, any Concentration Bank or the Relationship Bank in connection with Purchases hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) elapsed.

  • All computations of interest, Earned Discount, Liquidation Discount, any fees payable under Section 4.01 and any other fees payable by Seller to Purchaser, the Administrator or the Relationship Bank hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) elapsed.

  • All computations of interest, Earned Discount, Liquidation Discount, any fees payable under Section 4.01 and any other fees payable by Seller to Purchaser or the Administrator in connection with Purchases hereunder shall be made on the basis of a year of 360 days for the actual number of days (including the first day but excluding the last day) elapsed.