Seller's Discount definition

Seller's Discount means, for any day on which Receivables are conveyed hereunder, the discount used to determine the Seller's accounting basis in the Receivables on such day.
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Seller's Discount means, for any day on which Receivables are conveyed hereunder, the discount used to determine the Seller's accounting basis in the Receivables on such day. The Seller and the Buyer agree that the Seller's Discount shall be 0% with respect to Refinanced Receivables.
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Seller's Discount means for any day, by reference to the immediately preceding Determination Date, an amount equal to the decimal equivalent of the sum of (i) 0.50%, (ii) the product of (A) the Base Rate per annum on the preceding Determination Date and (B) a fraction the numerator of which is the number of Days Sales Outstanding as of the preceding Determination Date and the denominator of which is 365, and (iii) the product of (A) 0.25% and (B) the same fraction as in the preceding clause (ii)(B), plus, in the event that the Charge-Off Ratio (calculated on a weighted average basis with reference to the Ingram Bo▇▇ ▇▇▇pany division of Ingram an▇ ▇▇▇▇ Designated Subsidiary) for such Determination Date exceeds 0.50%, an amount equal to such excess.
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Examples of Seller's Discount in a sentence

  • The Purchase Price for the Receivables and related property conveyed to the Buyer under this Agreement shall be a dollar amount equal to for Receivables transferred on any date, the product of (i) the aggregate Outstanding Balance of all Receivables as of the Initial Closing Date, and (ii) one minus the then applicable Seller's Discount.

  • The Purchase Price for the Receivables and related property conveyed to the Buyer under this Agreement shall be a dollar amount equal to, for Receivables sold on any date, the product of (i) the aggregate Outstanding Balance of all such Receivables as of such date, and (ii) one minus the then applicable Seller's Discount.

  • The Purchase Price for the Receivables and related property conveyed to the Buyer under this Agreement shall be a dollar amount equal to, for Receivables transferred on any date, the product of (i) the aggregate Outstanding Balance of all Receivables as of such date, and (ii) one minus the then applicable Seller's Discount.

  • The purchase price for the Receivables and related property conveyed to the Buyer under this Agreement (the "Purchase Price") shall be a dollar amount equal to, for Receivables sold on any date, the product of (i) the aggregate Outstanding Balance of all such Receivables as of such date, and (ii) one minus the then applicable Seller's Discount.