Initial discount definition

Initial discount means the percentage of asset’s value that should be paid by your own funds to open a position in that asset. Maintenance discount is the percentage of asset’s value that should at any time be covered by your own funds while you hold the opened position in that asset.
Initial discount two and one half percent (2 1/2 %) of the Face Amount.
Initial discount two percent (2%) of the Face Amount. Page 1 of 15 1.17. “Invoice” - the document that evidences or is intended to evidence an Account. Where the context so requires, reference to an Invoice shall be deemed to refer to the Account to which it relates. 1.18. “Ineligible Account Date” - the date which is sixty (60) days from the date on which a Purchased Account was purchased or ninety (90) days from the invoice date of a Purchased Account, whichever comes first. 1.19. “Maximum Amount”- $1,500,000 1.20. “Misdirected Payment Fee” - fifteen percent (15%) of the amount of any payment on account of a Purchased Account which has been received by Seller and not delivered in kind to Purchaser on the second business day following the date of receipt by Seller. 1.21. “Missing Notation Fee”– fifteen percent (15%) of the Face Amount. 1.22. “Obligations” - all present and future obligations owing by Seller to Purchaser whether or not for the payment of money, whether or not evidenced by any note or other instrument, whether direct or indirect, absolute or contingent, due or to become due, joint or several, primary or secondary, liquidated or unliquidated, secured or unsecured, original or renewed or extended, whether arising before, during or after the commencement of any bankruptcy case in which Seller is a Debtor. 1.23. “Parties” - Seller and Purchaser. 1.24. “Purchase Price” - the Face Amount less the Discounts. 1.25. “Purchased Accounts”– Eligible Accounts purchased hereunder which have not been Repurchased. 1.26. “Repurchased” - an Account has been repurchased when Seller has paid to Purchaser the then unpaid Face Amount. 1.27. “Required Reserve Amount” - the Reserve Percentage multiplied by the unpaid balance of Purchased Accounts. 1.28. “Reserve Account” - a bookkeeping account on the books of the Purchaser representing an unpaid portion of the Purchase Price, maintained by Purchaser to ensure Seller's performance with the provisions hereof. 1.29. “Reserve Percentage”– fifteen percent (15%). 1.30. “Reserve Shortfall” - the amount by which the Reserve Account is less than the Required Reserve Amount. 1.31. “Schedule of Accounts” - a form supplied by Purchaser from time to time wherein Seller lists such of its Accounts as it requests that Purchaser purchase under the terms of this Agreement. 2.

Examples of Initial discount in a sentence

  • Initial discount factor: This factor was used to discount the reported savings for any inaccuracies in the assumptions and methods employed in the calculation procedures.

  • Initial discount rate estimates were derived from industry corporate annual reports to the Securities and Exchange Commission (SEC 10-Ks).

  • Describe and/or demonstrate a writer-friendly template/software tenderer will develop to allow writers to generate new items in a secure format.

  • Initial discount Note: It is expected that the gate fee will increase to take into account changes in the waste Levy and other statutory charges, operating costs and increases in CPI.

  • In the case of electricity generated by wind, it was assumed there was no net increase or decrease in T&D losses, since wind energy is displacing power produced by conventional power plants.■ Initial discount factor: This factor was used to discount the reported savings for any inaccuracies in the assumptions and methods employed in the calculation procedures.


More Definitions of Initial discount

Initial discount means twelve and one-half percent (12 1/2%).
Initial discount means nine percent (9%).
Initial discount. In respect of the rent payable on the second floor comprising of [●] square feet of space and the third floor consisting of [●] square feet of space, the LESSEE shall be given an initial discount of 50% on the actual rent per square foot price of Rs. [●] for each of the second floor and the third floor for a period of five (5) months starting from the first (1st) month post the Rent Commencement Date (“Initial Discount Period”) until the end of fifth (5th) month post the Rent Commencement Date. Upon completion of the Initial Discount Period, the LESSEE shall be liable to pay the monthly rental as per the rates set out in Clause 4.1.1 above and subject to escalation as mentioned in Clause 4.4 below. Further, the discount of Rs. [●]/- (Rupees [●] only) per each of the second and third floors provided to LESSEE during the Initial Discount Period shall become due and payable by the LESSEE simultaneously with the surrender of possession of either the entire second floor or both of the second and third floors (in their entirety) in the Building, as mentioned in Clause 3.3. CAR PARK CHARGES: The LESSEE shall be entitled to use [●] car parking spaces in the lower basement of the Building, for use of LESSEE at the rate of Rs. [●]/ per month for each car parking space. The car parking charges which are payable are included in the monthly rental amount set out in Clause 4.1.1 above. In case the LESSEE requires additional car parks, the LESSOR shall attempt to make available such additional required car park space in one of the basements for which the LESSEE shall pay car park charges to the LESSOR in accordance with the above mentioned rates.
Initial discount means six (6%) percent.
Initial discount is a percentage that represents the discount to be applied by AFS to any Charges invoiced by AFS to VG in excess of the Target Price.
Initial discount means twelve and one-half percent (12 1/2%)until May 27, 2001, increasing by two percent (2%) on May 27, 2001 and an additional two percent (2%) on the 27th day of each month thereafter.
Initial discount means the greater of 0.25% of the Original Issue Price and $55,000.