Commercial Discount definition

Commercial Discount means, in relation to any Sold Receivable, any decrease in the face value of such receivable resulting from the granting of a discount for prompt payment, for quantity or as fidelity premium.
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Commercial Discount means in relation to any Transferred Receivable, any decrease in the face value of such receivable resulting from the granting of any rebate or any discount for prompt payment, for quantity or as fidelity premium.
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Related to Commercial Discount

  • Commercial Discovery means any Discovery, which has been declared to be commercial by the Contractor;

  • BA Discount Rate means:

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • BA Discount Proceeds means, in respect of any Bankers' Acceptance, an amount calculated on the applicable Drawdown Date which is (rounded to the nearest full cent, with one-half of one cent being rounded up) equal to the face amount of such Bankers' Acceptance multiplied by the price, where the price is calculated by dividing one by the sum of one plus the product of (i) the BA Discount Rate applicable thereto expressed as a decimal fraction multiplied by (ii) a fraction, the numerator of which is the term of such Bankers' Acceptance and the denominator of which is 365, which calculated price will be rounded to the nearest multiple of 0.001%.

  • Resale Discount means the applicable discount off retail rates applied to AT&T-21STATE Telecommunications Services resold by CLEC to its End Users. Any change to the rates, terms and conditions of any applicable retail Tariff is automatically incorporated herein and is effective hereunder on the date any such change is effective.