Base Discount Rate definition

Base Discount Rate means the total fees and charges, expressed as a percentage of the amount of a Net Purchase Charge, that Costco pays Bank for the acceptance of Co-Branded Cards at Costco Outlets and Costco Locations, as set forth and determined pursuant to the Program Economics Schedule.
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Base Discount Rate means the bid-side interpolated yield on the interest rate swap having a maturity co-terminous with the remaining term of the Loan as such yield is shown on Bloomberg page SWDF 23 (or such other reference as may replace SWDF 23 on that service).
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Base Discount Rate. A [15%] discount on the share price offered in a Qualified Financing, intended to reward early investment.
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Examples of Base Discount Rate in a sentence

  • The Base Discount Rate shall be applied to the face amount of all checks processed for authorization by EZCheck, and debited daily from Merchant’s funding credit.

  • If the Prime Rate in effect on the last business day of any month exceeds the Base Prime Rate, the Daily Discount rate will be adjusted on such date by 0.0007% for every twenty-five (25) basis points that the Prime Rate in effect on such date exceeds the Base Prime Rate; provided, however, that if the Prime Rate ever falls below the Base Prime Rate, then the Daily Base Discount Rate will remain 0.0333%.

  • For example, if the Prime Rate exceeds the Base Prime Rate by 0.25%, on the last day of the month, the Daily Base Discount Rate for the following month will increase by 0.0007%.

  • If the Daily Base Discount Rate is adjusted on the last business day of the month as set forth above, then such adjusted Daily Base Discount Rate will be applicable to all invoices posted for payment during the following month.

  • The Base Discount Rate shall be applied to the face amount of all checks processed for authorization by EZCheck, and debited daily from Merchant‟s funding credit.

  • Subject to Sections A (2) (b) and (c) below: (i) if the Net Portfolio Yield is between 10.0% and 11.0% (the “Net Portfolio Yield Range”), then the Discount Rate for the next quarter shall be equal to the Base Discount Rate; and (ii) if the Net Portfolio Yield is less than 10.0% or greater than 11.0%, then Bank shall calculate the new Discount Rate by adding to or subtracting from the Base Discount Rate the amount of the Discount Rate Adjustor.

  • The Discount Rate shall be the Base Discount Rate, subject to adjustments as described in Section (A) (2) and the Rebate Funds described in Section (A) (3).

  • The Base Discount Rate shall be 0% (or zero basis points (bps) for all Regular Revolving Purchases.

  • It is understood that some items of a special or semi-special nature manufactured by the Company, as well as certain items not manufactured by the Company, will not carry the usual Base Discount Rate.

  • The Base Discount Rate shall be applied to the face amount of all checks processed for authorization by ▇▇▇▇▇▇▇, and debited daily from Merchant’s funding credit.