Discounting Charge Sample Clauses

Discounting Charge. 10.1 The Discounting Charge will be debited daily to the Memorandum Discounting Statement. 10.2 Prepayments will be debited to the Memorandum Discounting Statement on the banking day on which the Client requests a Prepayment. RBSIF will credit the value of any Remittance to the Memorandum Discounting Statement:
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Discounting Charge. You will pay Us the discounting charge at the rate specified in Schedule 2.
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Discounting Charge. The Client will pay the Discounting Charge on the outstanding balance of the Memorandum Discounting Statement. The Discounting Charge for each Approved Currency is the Applicable Rate [22plus/minus] the Discount Margin. The Discounting Charge will be calculated and debited daily to the Memorandum Discounting Statement. If the Memorandum Discounting Statement is in Euro or Sterling, the Discounting Charge will be calculated on a year of 365 days and if in any other Approved Currency, on a year of 360 days or as otherwise advised by the Bank. Applicable Rate: 23[for Euro, the [24Bank's Cost of Funds Rate/25EURIBOR Rate/26AA1 Rate]from time to time.] 27[for Sterling, the Bank of England Base Rate from time to time.] 28[for United States Dollars, the US Dollar FED Target Range Mid-Rate from time to time.] for all other Approved Currencies, such rate as the Bank advises the Client from time to time. where the Applicable Rate is below zero, it will be deemed to be zero. 29[For Euro: [30by using the Facility, the Client acknowledges and agrees the following:
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Discounting Charge. 23 6.3 Calculation and Payment of Remuneration................ 23 6.4
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Discounting Charge. The Initial Client shall on the last Business Day of each calendar month pay a Discounting Charge on the Funding Amount from time to time at the Discounting Rate.
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Discounting Charge. The Initial Client shall be obliged to pay a Discounting Charge calculated in accordance with Clause 6.3 below on the Funding Amount from time to time at the rate determined by LND to be the Discounting Rate.
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Discounting Charge. The charge for RBSIF making Prepayments to the Client which is deducted from the purchase price of Debts, and calculated daily by applying the Discount Margin plus the Applicable Rate to the balance on the Memorandum Discounting Statement.
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Related to Discounting Charge

  • Accounting Basis The Company shall use such method of accounting as may be determined by the Board that is consistent with United States generally accepted accounting principles or such other accounting methods and conventions as the Board may from time to time determine to be used in the preparation of the Company’s tax returns.

  • Change in Accounting Principles If, after the date of this Agreement, there shall occur any change in GAAP from those used in the preparation of the financial statements referred to in Section 6.5 hereof and such change shall result in a change in the method of calculation of any financial covenant, standard or term found in this Agreement, either the Borrower or the Required Lenders may by written notice to the Lenders and the Borrower, respectively, require that the Lenders and the Borrower negotiate in good faith to amend such covenants, standards, and terms so as equitably to reflect such change in accounting principles, with the desired result being that the criteria for evaluating the financial condition of the Borrower and its Subsidiaries shall be the same as if such change had not been made. No delay by the Borrower or the Required Lenders in requiring such negotiation shall limit their right to so require such a negotiation at any time after such a change in accounting principles. Until any such covenant, standard, or term is amended in accordance with this Section 5.3, financial covenants shall be computed and determined in accordance with GAAP in effect prior to such change in accounting principles. Without limiting the generality of the foregoing, the Borrower shall neither be deemed to be in compliance with any financial covenant hereunder nor out of compliance with any financial covenant hereunder if such state of compliance or noncompliance, as the case may be, would not exist but for the occurrence of a change in accounting principles after the date hereof.

  • Accounting Changes Make any material change in accounting treatment or reporting practices, except as required by GAAP and in accordance with Section 1.2; or change its Fiscal Year.

  • Accounting Changes; Fiscal Year No Group Member shall change its (a) accounting treatment or reporting practices, except as required by GAAP or any Requirement of Law, or (b) its fiscal year or its method for determining fiscal quarters or fiscal months.

  • Certain Accounting Changes Change its Fiscal Year end, or make any change in its accounting treatment and reporting practices except as required by GAAP.

  • Change in Accounting Method Neither Company nor any of its Subsidiaries has agreed to make, nor is it required to make, any material adjustment under Section 481(a) of the Code or any comparable provision of state, local, or foreign Tax Laws by reason of a change in accounting method or otherwise.

  • Fiscal Year and Accounting Changes Change its fiscal year from December 31 or make any change (i) in accounting treatment and reporting practices except as required by GAAP or (ii) in tax reporting treatment except as required by law.

  • Accounting System Maintain a system of accounting that enables Borrowers to produce financial statements in accordance with GAAP and maintain records pertaining to the Collateral that contain information as from time to time reasonably may be requested by Lender.

  • Accounting Method For both financial and tax reporting purposes, the books and records of the Company shall be kept on the accrual method of accounting applied in a consistent manner and shall reflect all Company transactions and be appropriate and adequate for the Company’s business.

  • Statements of Reconciliation after Change in Accounting Principles If, as a result of any change in accounting principles and policies from those used in the preparation of the Historical Financial Statements, the consolidated financial statements of Holdings and its Subsidiaries delivered pursuant to Section 5.1(b) or 5.1(c) will differ in any material respect from the consolidated financial statements that would have been delivered pursuant to such subdivisions had no such change in accounting principles and policies been made, then, together with the first delivery of such financial statements after such change, one or more statements of reconciliation for all such prior financial statements in form and substance satisfactory to Administrative Agent;

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