Buy Rate definition
Examples of Buy Rate in a sentence
With respect to each Approved Merchant enrolling in ▇▇▇▇▇▇▇▇▇.▇▇▇ Services, ▇▇▇▇▇▇▇▇▇.▇▇▇ will pay Reseller a Residual so long as Reseller charges the Approved Merchant a Sell Rate greater than the Buy Rate for such services.
US dollar figures will be converted to Canadian dollar figures at a rate within of the Bank "Buy Rate" (the rate at which the Company would sell US dollars to the Bank).
The maximum allowable difference between the Sell Rate and the Buy Rate (the “Dealer Reserve Rate”) shall not exceed 1.25%, and the agreed upon Dealer Reserve Rate for any given Contract shall be set forth in writing by CIG Financial with its approval to Dealer for purchase of that Contract.
In such event, Ford Credit’s compliance with such legislation, regulations, or rules shall be deemed to constitute satisfaction of the relevant terms of the Settlement Agreement; provided that, regardless of the terms of any such legislation, regulations, or rules, Ford Credit will not acquire any Contract during the term of the Settlement Agreement that contains an APR for which the difference between the Buy Rate and the APR is greater than permitted by Section 8.3 of the Settlement Agreement.
Dealer is not to increase the Sell Rate on a Contract by adding the Dealer Reserve Rate to the Sell Rate, but instead the Buy Rate shall be determined by subtracting the Dealer Reserve Rate from the agreed upon Sell Rate.