Examples of Discount Fraction in a sentence
This is a discounted conditional fee agreement (i.e., ‘no win, low fee’ agreement) where counsel is paid a discounted rate if the Claim is lost; the percentage of the Ordinary Fees payable in the event of a loss (i.e., the Discount Fraction) being 60 percent.
For any Distribution Date and the Subgroup II-3 Loans will be the aggregate of the following with respect to each Subgroup II-3 Discount Loan: the Subgroup II-3 Discount Fraction of the amounts described in the definition of Principal Distribution Amount, Principal Prepayment Amount and Liquidation Principal.
For any Distribution Date and the Subgroup II-2 Loans will be the aggregate of the following with respect to each Subgroup II-2 Discount Loan: the Subgroup II-2 Discount Fraction of the amounts described in the definition of Principal Distribution Amount, Principal Prepayment Amount and Liquidation Principal.
This is a discounted conditional fee agreement (i.e., ‘no win, low fee’ agreement) where counsel is paid a discounted rate if the Claim is not successfully defended; the percentage of the Ordinary Fees payable in the event of this (i.e., the Discount Fraction) being 60 percent.