Purchase at Discount. MAYO may, at its sole option, purchase the COMPANY Products in any quantity at a discount price of [ * ] percent from the price that would otherwise be available to MAYO from COMPANY for use within MAYO’s and its Affiliates’ own programs. This discount shall only apply to devices implanted at St. Mary’s Hospital, Methodist Hospital, or any other MAYO facility in Rochester, Minnesota, USA.
Purchase at Discount. Subject to Sections 6.11 and 6.12, each Canadian Revolving Lender shall accept Drafts and purchase and take delivery of its Rateable Share of each issue of Acceptances under the Canadian Revolving Facility or, as applicable, the Canadian Swing Line Lender shall accept Drafts and purchase and take delivery of each issue of Acceptances under the Canadian Swing Line, for its own account on the Borrowing Date of such Acceptances at the purchase price equal to the face amount of such Acceptances less an amount equal to the amount that yields to such Canadian Lender (excluding the Stamping Fee) an interest rate per annum equal to such Canadian Lender’s BA Reference Rate for the applicable Term of such Acceptances. Each Canadian Lender shall be entitled to deduct from the Acceptance Proceeds derived from the purchase by it of Acceptances the Stamping Fee payable to it pursuant to Section 6.7 (the amount remaining being the Net Acceptance Proceeds). The Acceptance Proceeds for any Acceptances purchased by a Canadian Lender shall be determined in accordance with the following formula: Acceptance Proceeds = Face amount of Acceptances x ( 1 ) 1 + (BA Reference Rate x n/365) Where n is the number of days to elapse in the Term of the Acceptances and BA Reference Rate is expressed as a decimal.
Purchase at Discount. Subject to Sections 5.10 and 5.11, each Lender shall accept Drafts and purchase and take delivery of its Rateable Share of each issue of Acceptances for its own account on the Borrowing Date of such Acceptances at the purchase price equal to the face amount of such Acceptances less an amount equal to the amount that yields to such Lender (excluding the Stamping Fee) an interest rate per annum equal to such Lender's BA Reference Rate for the applicable Term of such Acceptances. Each Lender shall be entitled to deduct from the Acceptance Proceeds derived from the purchase by it of Acceptances the Stamping Fee payable to it pursuant to Section 5.6. The Net Acceptance Proceeds for any Acceptances purchased by a Lender shall be determined in accordance with the following formula: [ ] Net Acceptance Face amount of [ 1 ] Proceeds = Acceptances X [---------------- - (AM x n/365) ] [1 + (BA Reference ] [ Rate x n/365) ] Where n is the number of days to elapse in the Term of the Acceptances, BA Reference Rate is expressed as a decimal and AM is the Applicable Margin expressed as a decimal.
Purchase at Discount. TAUKEMAS distributors are entitled to purchase products from TAUKEMAS at a discounted price.
Purchase at Discount. BF International distributors are entitled to purchase products from BF International at a discounted price.
