Discounted Amount definition

Discounted Amount means an amount equal to the sum of the Offer Discount, Volume Discount and Payment Discount, applied to the List Price of all Eligible Products ordered by the Customer under these Terms.
Discounted Amount of any Advance means the amount by which the Stated Amount of such Advance exceeds the Discounted Proceeds of such Advance.
Discounted Amount means, at any single point in time, with respect to any Deferred Payments (or Additional Payments, as the case may be, solely for the purposes of Paragraphs 8.3(a) and 8.3(f)(B)) remaining due and payable (after giving effect to any adjustments pursuant to Paragraphs 4.1(d)(i)(B), 4.1(d)(i)(C), or 4.1(d)(ii)(C)), (a) if El Paso Corporation is not Investment Grade at that time, the net present value of such Deferred Payments or Additional Payments, as the case may be, payable in equal semi-annual installments through January 1, 2024, discounted at the rate per annum of 7.86196381773051%, and (b) if El Paso Corporation is Investment Grade at that time, the net present value of such Deferred Payments or Additional Payments, as the case may be, payable in equal semi-annual installments through January 1, 2019, discounted at the rate per annum of 7.48071747914203%; provided that for purposes of determining at any time the collateral maintenance requirements set forth in Paragraph 8.3(a) of this Agreement, the Deferred Payment or Additional Payment, as the case may be, maturity date will be January 1, 2024, and the net present value of the Deferred Payments or Additional Payment, as the case may be, at that point in time shall be calculated with a discount rate of 7.86196381773051%, and further provided that if El Paso Corporation becomes Investment Grade after the date hereof, then for purposes of this definition it shall remain Investment Grade notwithstanding any subsequent rating agency downgrade.

Examples of Discounted Amount in a sentence

  • In consideration of the Debtor’s faith to repay the Current Balance, the Creditor agrees to: (check one) ☐ – NOT Offer a Discounted Amount.

  • The Discounted Amount will be paid to Carrier in the manner designated by Carrier in the Contract, which may consist of (a) depositing via electronic funds transfer (EFT) into Carrier's identified bank account, or (b) depositing into Carrier's T-Chek Account, or (c) issuing a T-Chek Authorization number to Carrier, or (d) delivery of check.

  • Upon receiving the necessary documents (and after allowing for a reasonable processing time), C.H. Robinson will release payment of the Discounted Amount to Carrier within two (2) business days.

  • This means: (a) the full ingoing contribution payable by the resident will be reduced by a Discounted Amount; (b) the exit entitlement is based on the reduced ingoing contribution (being the full ingoing contribution minus the discounted amount); and (c) the exit fee is still based on the full ingoing contribution.

  • The amount of a prepayment in full on or before the Effective Date shall be the Non-Investment Grade Discounted Amount if El Paso Corporation is not Investment Grade at the time of prepayment, and the Investment Grade Discounted Amount if El Paso Corporation is Investment Grade at the time of prepayment.


More Definitions of Discounted Amount

Discounted Amount means the difference between the nominal value of the relevant Sukuk Cagamas and the relevant Murabahah Purchase Price (as defined below) in the case of Sukuk Cagamas issued at a discount.
Discounted Amount means the amount being the difference between (i) the nominal value of the T2 Sukuk Murabahah; and (ii) the proceeds raised from the issuance of the T2 Sukuk Murabahah.
Discounted Amount means the difference between the nominal value of the relevant Sukuk Cagamas and the relevant Murabahah Purchase Price (as defined below) in the case of Sukuk Cagamas issued at a discount. 10. Pursuant to the Purchase Order, the Agent (as Wakeel to the Sukukholder) will purchase on a spot basis the Commodities from Commodity Broker A at a purchase price which shall be an amount equivalent to the Sukuk Cagamas proceeds ("Murabahah Purchase Price"). 11. Cagamas (acting as the Issuer) shall issue Sukuk Cagamas to the Sukukholders whereby the Sukuk Cagamas proceeds shall be used to pay the Murabahah Purchase Price of the Commodities. The Sukuk Cagamas shall evidence, amongst others, the Sukukholders' ownership of the Commodities and subsequently, once the Commodities are sold to Cagamas (as Purchaser), the entitlement to receive the Deferred Sale Price. 12. Thereafter, pursuant to the undertaking under the Purchase Order, the Sukuk Trustee (acting on behalf of the Sukukholders) shall sell the Commodities to Cagamas (as Purchaser) via Cagamas (as Agent for the Sukukholders) at the Deferred Sale Price under a sale and purchase agreement. 13. Subsequently, Cagamas (acting as itself) shall sell the Commodities on a spot basis to Commodity Broker B for an amount equal to the Murabahah Purchase Price. However, Commodities received may be used by Cagamas to facilitate its Islamic operations by acting as an agent before the onward sale to Commodity Broker B. In such arrangement, Cagamas purchases debt based financings from the approved seller ("Approved Seller") and will pay the purchase value of the debt by way of an exchange of Commodities with the Approved Seller. Subsequently, the Approved Seller appoints Cagamas as its agent to onsell the Commodities to Commodity Broker B for an amount equal to the Murabahah Purchase Price. The proceeds received from the sale will be accounted for/paid to the Approved Seller. Commodity Broker A and Commodity Broker B could either be the Bursa Suq Al-Sila’ commodity market or an independent licensed commodity broker. 14. During the tenure of the Sukuk Cagamas, Cagamas (as Purchaser) as part of its obligation to pay theDeferred Sale Price shall make periodic payments ("Murabahah Periodic Payments") (if any) to the Sukukholders. On the respective maturity date(s) ("Murabahah Maturity Date") or upon the declaration of an Event of Default ("Murabahah Event of Default"), Cagamas (as Purchaser) shall pay all amounts outstanding in respe...
Discounted Amount refers to the monetary savings the City realized as a result of the discounted price for the purchase of the System as specified in the equipment purchase agreement negotiated and executed by the City and Company. The Company agreed to this Discounted Amount in exchange for this right of entry and this agreement.
Discounted Amount means the difference between the nominal value of the Sukuk Murabahah and the Commodity Purchase Price in the case of Sukuk Murabahah issued at a discount.
Discounted Amount means the difference between the nominal value and the issue proceeds of the relevant Sukuk Cagamas in the case of Sukuk Cagamas issued at a discount. Each such payment shall pro tanto reduce the obligation of the Issuer on the Sukuk Cagamas issued. On the Murabahah Maturity Date or upon the declaration of an Event of Default (“Murabahah Event of Default”), Cagamas (as Purchaser) shall pay the Murabahah Redemption Amount (as defined below) pursuant to its obligations to pay the Deferred Sale Price (subject to the Ibra’, where applicable) for the redemption of the Sukuk Cagamas upon which the relevant Sukuk Cagamas will be cancelled.
Discounted Amount means with respect to a Discounted Collateral Obligation, as of any date of determination, an amount equal to the product of: