Transfer Discount definition

Transfer Discount herein refers to the benefit that Party B is to obtain from the acceptance of the transfer of the receivables calculated with the Transfer Price as base amount. Its formula of calculation is: Transfer Discount = Transfer Price × Financing Period × Discount Rate. Where Discount Rate = .

Examples of Transfer Discount in a sentence

  • Party B shall not return the Transfer Discount received from Party A under Article III hereof.

  • Upon such revision, the electric tariff and other supply conditions are governed by such revised Account Transfer Discount Contract.

  • The Account Transfer Discount Contract is concluded when the financial institution specified by the customer completes the prescribed procedure and KYEPCO accepts the customer’s application.

  • The Account Transfer Discount Contract of the Selective Rules and Rates shall be implemented on and after April 1, 2007.

Related to Transfer Discount

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

  • Resale Discount means the applicable discount off retail rates applied to AT&T-21STATE Telecommunications Services resold by CLEC to its End Users. Any change to the rates, terms and conditions of any applicable retail Tariff is automatically incorporated herein and is effective hereunder on the date any such change is effective.

  • 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).

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Lender, substantially in the form of Exhibit N, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.