BA Discounted Proceeds definition

BA Discounted Proceeds means, in respect of any Bankers’ Acceptances to be accepted by a Lender on any day, an amount (rounded to the nearest whole cent and with one-half of one cent being rounded up) calculated on such day by multiplying:
Sample 1Sample 2Sample 3
BA Discounted Proceeds means, in respect of any Bankers' Acceptances to be accepted by a Canadian Lender on any day, an amount (rounded to the nearest whole cent and with one-half of one cent being rounded up) calculated on such day by multiplying:
Sample 1Sample 2

Examples of BA Discounted Proceeds in a sentence

  • Each Lender shall purchase the Bankers’ Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

  • Each Lender shall purchase the Bankers' Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

  • Each Canadian Lender shall purchase the Bankers' Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

  • Each applicable Lender shall purchase the Bankers’ Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

  • Each relevant Lender shall purchase the Bankers’ Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

  • With respect to each drawdown by way of Bankers’ Acceptances, such Bankers’ Acceptance Stamping Fees shall be paid by the Lenders deducting the amount thereof from the BA Discounted Proceeds before the Lenders remit the BA Proceeds to Administrative Agent as provided in Section 2.4(b)(iii).

  • With respect to each drawdown by way of Bankers’ Acceptances, such acceptance fees shall be paid by the relevant Lenders deducting the amount thereof from the BA Discounted Proceeds before the relevant Lenders remit the BA Proceeds to the Administrative Agent as provided in Section 3.4(c).

  • For greater certainty, the net amount to be made available by each such Lender on any date in respect of a BA Loan made by it on such date shall be the same as the amount that such Lender would have been required to make available to Micro Canada as its Adjusted Percentage of BA Discounted Proceeds had such Lender been able to extend credit by way of Bankers' Acceptance on such date.

  • Each Canadian Lender shall purchase the Bankers’ Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

  • Each Canadian RT Lender shall purchase the Bankers' Acceptances which it has accepted for a purchase price equal to the BA Discounted Proceeds therefor.

Related to BA Discounted Proceeds

  • BA Discount Rate means:

  • Net Cash Proceeds with respect to any issuance or sale of Capital Stock, means the cash proceeds of such issuance or sale net of attorneys' fees, accountants' fees, underwriters' or placement agents' fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Discounted present value means the present value of future payments determined by discounting the payments to the present using the most recently published applicable federal rate for determining the present value of an annuity, as issued by the internal revenue service.

  • Interest Proceeds means, with respect to any Collection Period or the related Determination Date, without duplication, the sum of: