Additional Discount definition

Additional Discount. 0% of the original Face Amount of each Purchased Account for each 10 day period or portion thereof that any portion of a Purchased Account is owed to Purchaser.

Additional Discount the Additional Discount Percentage multiplied by the Advance, less any payments made on such Account, for a Purchased Account, for each calendar day that any portion thereof remains unpaid, computed from the date on which a Purchased Account was purchased to and including the Ineligible Account Date.

Additional Discount a discount in the amount of one percent (1%) of the Face Amount of a Purchased Account. 1.15. Section not used. 1.16. “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 Additional Discount in a sentence

• Contractor’s Additional Discount information may be included in the posted Price List linked from the Contractor’s Information page.

• The State reserves the right to accept or reject all or part of proposed Additional Discount Offers as part of a Vendor’s Total Price Submittal Value.

• Aggregate discount table Tier Number Aggregate Dollar Amount Additional Discount % Aggregate Tier 1 discount trigger $2 million 1% Aggregate Tier 2 discount trigger $5 million 1% Aggregate Tier 3 discount trigger $8 million 1% Aggregate Tier 4 discount trigger $10 million 1% When the aggregate dollar value of TOs is reached at each tier shown above, the BPA CO will execute a unilateral modification to increase the BPA discount percentage by the amount shown for that tier.

• It is at the State’s sole discretion not to assign value to propose Additional Discount Offers which the State cannot quantify or to give only partial value for Additional Discount Offers.

• The afore-stated Additional Discount Payment Plan on the Basic Sale Price has been offered to me/ us in lieu of my/ our consensus to make timely payment of installments and other allied cost.

• See discount structure below: Quantity Additional Discount 3-4 1% 5-6 2% 7-8 3% 9 units or more 4% Frontier Equipment is excluded from the Multiple Unit Discount program.

• UF ADP Execution: A TRICARE Retail Refund – Uniform Formulary Additional Discount Program (UF ADP) is hereby established between the Company and the Department of Defense for the pharmaceutical agents and applicable refunds quoted on the attached UF ADP Appendix based on the final decision of the Director, DHA, to include the pharmaceutical agents on the Uniform Formulary.

• Additional Discount Offers shall be in addition to the discounts Vendor offers as a Discount Off MSRP List Price.

• The State has sole discretion to not assign value to Vendor’s proposed Additional Discount Offers which the State cannot quantify or to give only partial value for Additional Discount Offers.

• I/we further agree that in case of Additional Discount payment plan, if I/we fail to pay the installments in the promised time frame, then the Additional Discount Payment Plan shall be automatically considered as Construction Linked Payment Plan.

More Definitions of Additional Discount

Additional Discount means (i) for each Month of the Initial Discount Period, [ cents ($0. ]) per MMBtu, and (ii) for each Month of a Reset Period thereafter, the amount, expressed in cents per MMBtu (rounded down to the nearest one-half cent) determined by the Calculation Agent pursuant to the Re-Pricing Agreement.

Additional Discount a discount in the amount of one percent (1%) of the Face Amount of a Purchased Account.

Additional 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 Additional Discount Threshold.