Purchase Discount definition

Purchase Discount has the meaning assigned to that term in Section 3.1.1.

Purchase Discount means, with respect to any Receivable, the amount determined as the “Purchase Discount” in the calculation of the Purchase Price for such Receivable pursuant to Section 2.3.

Purchase Discount means the excess of a security's par value over its purchase price.

Examples of Purchase Discount in a sentence

• In any circumstances: (i) a residential property in relation to which “Family Purchase Discount Benefit” has been given shall not be entitled to any “Family Purchase Cash Rebate Benefit” unless expressly provided under (B) (1)(ii) and (iii); (ii) each residential property shall be entitled to “Family Purchase Discount Benefit” once only, whether or not such residential property is a Related Residential Property of more than one Designated Residential Property.

• Style Purchase Discount 如買方 (或組成買方的任何一人) 或其近親 (即配偶、父母、子女、兄弟姊妹、(外)祖父母或 (外)孫) 是或曾經為薈蕎、薈朗、薈晴、薈悅、薈點或薈臻的其中一個或多個住宅單位的業主 (統稱 “The Met.

• The discount rate for the Purchase Discount shall be consistent with the terms of the Joint Proposal.

• In respect of any Account Receivable purchased hereunder, shall mean the Account Receivable less applicable Purchase Discount and ESCO Charges as applicable.

• Furthermore, the Seller Representative hereby grants to the Administrative Agent (for the benefit of the Purchasers) a security interest in, and right of setoff with respect to, the Refundable Discount Advance Account and all proceeds therein to secure the payment of the Aggregate Unreimbursed Purchase Discount by each Seller hereunder.

More Definitions of Purchase Discount

Purchase Discount. (a) during the continuance of a Rating Event, (i) with respect to 25% Repurchase Receivables, 35%, (ii) with respect to 75% Repurchase Receivables, 85% and (iii) with respect to 90% Repurchase Receivables, 100% and (b) during the continuance of a Discount Event (which is not also a Rating Event), with respect to all Receivables, 10%.

Purchase Discount means, with respect to any Purchased Receivable, an amount equal to (a) the Discount Margin, multiplied by (b) the Net Receivables Balance of such Purchased Receivable, multiplied by (c) the quotient of (i) the number of days from the Purchase Date on which such Purchased Receivable is purchased hereunder to the Expected Payment Date for such Purchased Receivable (such number of days, the “Discount Period”), and (ii) 360.

Purchase Discount means an amount equal to the weighted average of the following:

Purchase Discount means, with respect to any Eligible Receivable, a fraction, (i) the numerator of which is the difference between (A) the aggregate unpaid principal balance of such Eligible Receivable at the time of acquisition or origination by the Originator and (B) the purchase price paid with respect to such Eligible Receivable by the Originator to the related Eligible Dealer, and (ii) the denominator of which is the aggregate unpaid principal balance of such Eligible Receivable at the time of acquisition or origination by the Originator.

Purchase Discount the Reserve Percentage multiplied by the original face amount of each Purchased Account.

Purchase Discount means the minimum discount percentage from the current market- appraised value under which a property may be purchased. Under HUD Notice FR–5255– N–02, the purchase discount for NSP is “at least 1 percent from the current market-appraised value of the home or property.”

Purchase Discount means the excess of a security’s par value over its purchase price.