Aggregate Discount definition

Aggregate Discount means, at any time, the sum of the aggregate for each Purchaser of the accrued and unpaid Discount with respect to each such Purchaser’s Capital at such time.

Aggregate Discount at any time, means the sum of the aggregate for each Purchaser of the accrued and unpaid Discount with respect to each such Purchaser’s Capital at such time.

Aggregate Discount means at any time, the aggregate amount of accrued and unpaid Discount at such time.

Examples of Aggregate Discount in a sentence

• The Purchased Interest shall become zero when the Aggregate Investment thereof and Aggregate Discount thereon shall have been paid in full, all the amounts owed by the Seller and the Servicer hereunder to each Purchaser, the Administrator and any other Indemnified Party or Affected Person are paid in full, and the Servicer shall have received the accrued Servicing Fee thereon.

• After the Aggregate Investment, Aggregate Discount, fees payable pursuant to each Purchaser Group Fee Letter and Servicing Fees with respect to the Purchased Interest, and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrator or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional Collections with respect to the Purchased Interest shall be paid to the Seller for its own account.

• After the Aggregate Capital, Aggregate Discount, fees payable pursuant to each Purchaser Group Fee Letter and Servicing Fees with respect to the Purchased Interest, and any other amounts payable by the Seller and the Servicer to each Purchaser Group, the Administrator or any other Indemnified Party or Affected Person hereunder, have been paid in full, all additional Collections with respect to the Purchased Interest shall be paid to the Seller for its own account.

• The Purchased Interest shall become zero when the Aggregate Capital thereof and Aggregate Discount thereon shall have been paid in full, all the amounts owed by the Seller and the Servicer hereunder to each Purchaser, the Administrator and any other Indemnified Party or Affected Person are paid in full, and the Servicer shall have received the accrued Servicing Fee thereon.

• The Purchased Interest shall become zero when the Aggregate Capital thereof and Aggregate Discount thereon shall have been paid in full, all the amounts owed by the Seller and the Servicer hereunder to each Purchaser, the Administrator and any other Indemnified Party or Affected Person that are then due and payable are paid in full, and the Servicer shall have received the accrued Servicing Fee thereon.

• After the Aggregate Discount, fees payable pursuant to the Fee Letters and Servicing Fees with respect to the Purchased Interest, and any other amounts payable by the Seller to each Purchaser Group, the Administrator or any other Indemnified Party or Affected Person hereunder and under the other Transaction Documents have been paid in full, and the Exposure has been reduced to zero, all additional Collections with respect to the Purchased Interest shall be paid to the Seller for its own account.

• Notwithstanding the foregoing, any liability of the Initial Purchaser hereunder shall be limited to an amount not to exceed the total discounts, commissions and other compensation received by the Initial Purchaser under this Agreement, less the aggregate amount of any damages that the Initial Purchaser has otherwise been required to pay by reason of the untrue or alleged untrue statements or the omissions or alleged omissions to state a material fact (the "Aggregate Discount").

• All mandatory prepayments of the Term Loan Principal Debt shall be allocated Pro Rata to each Lender and all mandatory prepayments of the Aggregate Discount Note Amount shall be allocated Pro Rata to each Purchaser.

• Notwithstanding the provisions of this Section 8(e), the Initial Purchaser shall not be required to contribute, in the aggregate, any amount in excess of the Aggregate Discount.

• The Purchaser’s Interest shall become zero when (a) the Aggregate Capital has been reduced to zero and all Aggregate Discount thereon shall have been paid in full, (b) the LC Participation Amount has been Cash Collateralized in full or all Letters of Credit shall have expired or been cancelled, and (c) all other amounts owed by the Seller and the Servicer hereunder to the Purchasers, the LC Bank, the Servicer, the Administrative Agent and any other Indemnified Party or Affected Person are paid in full.

More Definitions of Aggregate Discount

Aggregate Discount at any time, means the sum of the aggregate for each Purchaser of the accrued and unpaid Discount with respect to each such Purchaser’s Capital at such time. “Agreement” has the meaning set forth in the preamble hereto. “Alternate Rate” for any Yield Period for any Portion of Capital funded by any Purchaser other than through the issuance of Notes, means an interest rate per annum equal to either: (a) with respect to any day during such Yield Period, LMIR for such day, (b) if LMIR is unavailable pursuant to Section 1.11.1, the Base Rate for such Yield Period, or (c) if Benchmark Replacement Event occurs, the

Aggregate Discount means at any time, the aggregate amount of accrued and unpaid Discount at such time. “Agreement” has the meaning set forth in the preamble hereto.

Aggregate Discount means at any time, the sum of the aggregate for each Purchaser of the accrued and unpaid Discount with respect to each such Purchaser’s Capital at such time. “Agreement” has the meaning set forth in the preamble hereto. “Alternate Rate” for any Yield Period for any Portion of Capital, means an interest rate per annum equal to (a) solely with respect to a Purchaser in a Purchaser Group for which there is no Conduit Purchaser, (i) with respect to any Dollar Purchase, the Term SOFR Rate or the Daily SOFR Rate for such Yield Period and (ii) with respect to any Alternative Currency Purchase, the Euro Amendment No. 1 Rate for such Yield Period or (b) solely with respect to a Purchaser in a Purchaser Group for which there is a Conduit Purchaser and such Portion of Capital is not funded through the issuance of Notes, (i) with respect to any Dollar Purchase, the Seller’s choice of: (A) 1.5% per annum above the Term SOFR Rate or the Daily SOFR Rate, as applicable, for such Yield Period and (B) the Base Rate for such Yield Period and (ii) with respect to any Alternative Currency Purchase, the Seller’s choice of: (A) 1.5% per annum above the Euro Amendment No. 1 Rate for such Yield Period and (B) the Base Rate for such Yield Period; provided, that the “Alternate Rate” for any day while a Termination Event exists shall be an interest rate equal to 2.0% per annum above the applicable “Alternate Rate” as calculated above. “Alternative Currency” and “€” means EURO. “Alternative Currency Purchase” means any Purchase denominated in the Alternative Currency. “Alternative Currency Sublimit” means €50,000,000. “Amendment No. 1” means the Amendment No. 1 to Receivables Purchase Agreement and Reaffirmation of Performance Guaranty, dated as of December 21, 2021, by and among, the Seller, the Servicer, the Parent, the Administrator, the LC Bank, the Related Committed Purchaser and the Purchaser Agent. “Anti-Terrorism Laws” means economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State. “Assumption Agreement” means an agreement substantially in the form set forth in Annex C to this Agreement. “Attorney Costs” means and includes all reasonable fees and disbursements of any law firm or other external counsel.

Aggregate Discount means the number obtained by multiplying 25,000 by the product of the Closing Price multiplied by 25%.

Aggregate Discount means, at any point in time: (x) the amount by which (1) the amount that Tenant would be required to pay for both NYS Switchboard Electric and Submetered Submetered HVAC Electric (exclusive of the electricity consumed by the Perimeter Pumps and the Perimeter Fan) hereunder based upon the Standard Electric Rates (the “Aggregate Pre-Discount Amount”) exceeds (2) the amount actually paid by Tenant for such NYS Switchboard Electric and Submetered HVAC Electric (exclusive of the electricity consumed by the Perimeter Pumps and the Perimeter Fan) after taking into account any savings passed along to Tenant by Landlord pursuant to the terms hereof (e.g., as the result of the LMEP or the BIR) and any savings realized by Tenant as the result of this exercise, pursuant to the terms hereof, of its option to obtain PASNY Power, divided by (y) the Aggregate Pre-Discount Amount. Thus, for example, at any such time that Tenant may be paying an aggregate amount of $112.50 for an aggregate amount of NYS Switchboard Electric and Submetered HVAC Electric (exclusive of the electricity consumed by the Perimeter Pumps and the Perimeter Fan) for which Tenant would be required to pay $200 at the Aggregate Pre-Discount Amount, the Aggregate Discount would be 43.75%;