Examples of Available Discount in a sentence
The Available Discount is equal to the difference between the accounts payable balance under the gross invoice method and the net invoice method.
Each Party shall have a right to terminate this Agreement with the effect that this Agreement shall be of no further force or effect and the Parties shall have no rights or obligations hereunder if (a) the Bonds are not issued on or before [ ], 2021, or (b) Issuer notifies Purchaser that the expected Available Discount for the Initial Reset Period is less than the Minimum Discount. Section 2.3 Nature of Energy Project.
The Available Discount is equal to the differ- ence between the accounts payable bal- ance under the gross invoice method and the net invoice method.
The Parties acknowledge and agree that the final Available Discount for any Reset Period following the Initial Reset Period will be determined on the applicable Re-Pricing Date, and that such Available Discount may differ from the estimate or estimates of such Available Discount provided to Gas Purchaser and the other Gas Purchasers prior to the applicable Remarketing Election Deadline.
For each Reset Period, Issuer shall provide to Purchaser, at least ten (10) days prior to the Remarketing Election Deadline, written notice (a “Reset Period Notice”) setting forth (i) the duration of such Reset Period, (ii) the estimated Available Discount Percentage for such Reset Period, and (iii) the applicable Remarketing Election Deadline.
The Available Discount is $20 ($1,000 - $980) and the Applicable Discount is $45 ($3,000 -$2,955).
Each Party shall have a right to terminate this Agreement with the effect that this Agreement shall be of no further force or effect and the Parties shall have no rights or obligations hereunder if (a)the Bonds are not issued on or before [ ], 2019, or (b) Issuer notifies Purchaser that the expected Available Discount for the Initial Reset Period is less than the Minimum Discount.
There have been no appeals during 2021-22.There was one complaint made against the Principal during the year.
If a Remarketing Event has occurred and Gas Purchaser has not made a Remarketing Election, but one or more of the other gas purchasers in the Prepaid Project has made a Remarketing Election, the estimated Available Discount may be required to be recalculated pursuant to the Re-Pricing Agreement.
The net § 481 adjustment can be computed by deducting the [*162] "Applicable Discount" at the beginning of the year of change from the "Available Discount" at the beginning of the year of change.