Pricing Differential definition
Examples of Pricing Differential in a sentence
The Pricing Differential shall be computed on the basis of a 360-day year for the actual days elapsed (including the first day but excluding the last day) occurring in the period for which payable.
Price Differential on each Open Transaction accrued and unpaid to the end of each month before the Termination Date shall be due and payable on the ninth (9th) day of each month, whether or not such Transaction is still an Open Transaction on such payment due date; provided that (a) all accrued and unpaid Price Differential on all Transactions shall be due on the Termination Date, and (b) all Pricing Differential calculated at the Default Pricing Rate shall be due on demand.
The Agent shall (until otherwise notified by such Seller and such Buy-Down Buyer to the contrary) compute each Pricing Differential payable pursuant to Section 6(a) consistently with the provisions of this Section 6(c).
Sonus will not invoice NT for the Pricing Differential for product ordered during the six-month period in which the commitment was originally missed.
If Company elects to terminate pursuant to this Section 8.1(e) and provides such written notice to Purchaser, then within two business days following Purchaser’s receipt of such notice, Purchaser may elect by written notice to Company to adjust the Merger Consideration by increasing the Total Cash Amount dollar for dollar by the Pricing Differential.
If Company elects to terminate pursuant to this Section 8.1(e) and provides such written notice to Parent, then within two (2) Business Days following Parent’s receipt of such notice, Parent may elect by written notice to Company to adjust the Merger Consideration by increasing the Per Share Cash Amount dollar for dollar by the Pricing Differential.
Payments In lieu of accrual and payment of Pricing Differential in respect of the Transactions, on the initial Financing Fee Payment Date, Counterparty shall pay to GS an amount in USD (the initial “Financing Fee Payments”) equal to: (a) the Initial Purchase Price for each Transaction; multiplied by (b) the sum of (1) the Floating Rate as of the Financing Fee Reset Date for such Financing Fee Period for such Transaction plus (2) the Spread; multiplied by (c) the Financing Fee Day Count Fraction.
The Administrative Agent shall provide to the Buyers, on each Business Day, the rate of the Pricing Differential and, not later than the opening of business on the Business Day following the receipt thereof by the Administrative Agent, a copy of the most recent margin base report.
Sonus will not invoice NT for the Pricing Differential for products ordered during the quarter in which the commitment was originally missed.
Other than payment of the Pricing Differential, Standard Pricing or cancellation of the Coupon described in Section 8 below, NT will not be subject to any other charges or liable in any other manner if it does not meet any of the applicable commitments under this Addendum.