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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Examples of Commercial Discount in a sentence

  • Also was established that the company shall assign a portion of the temporary economic assistance to cancel debt with producers due at December 31, 2014 in 36 monthly, equal and consecutive installments, plus interest, as from January 2015, calculated using the current “Average Active Rate of Banco Nación for Commercial Discount Operations” (2.05 % monthly rate), and starting to pay the installments on March 2015.

  • In citing this statutory definition in Commercial Discount Co. v.

  • Commercial Discount Rates (1/1/2012 – 12/31/2012) DescriptionMAHCP Contracted Discount Rate *Diplomat Specialty Pharmacy had a retro rate adjustment.

  • Response: See: I(a); I(b) While there are no specific discounts for agricultural vehicles, the Authority offers a Special Commercial Discount (“S-Discount”) for non-tandem commercial vehicles that are less than or equal to 48 feet in length which are commonly agricultural vehicles.

  • The Recipient (Customer) is entitled only to Commercial Discount.

  • In 1967, CMM sold the property and wastes to the Commercial Discount Corporation of Chicago.

  • MO Hazelwood Commercial Discount of Terminated SMC-00907 2/19/70 DOE/ 250,000 Ibs source matenal.

  • Under a Commercial Discount Line abroad (advance of credit letters), at Novo Banco, S.A. of the amount of 40,000 thousand euros, which is being used to the value of 23,649 thousand euros as at 30 September 2014.

  • Xxxxx, Chief Financial Officer Prime Rate Commercial Discount Rate 1.00% to 8.00% 3.00% + 20% Reserve (1-40 days) 8.00% to 4.00 % + 20% Reserve (1-40 days) The 20% Reserve Discount rate shall continue daily until such a time as the total reserve is equal to 20.00% of the current outstanding receivables.

  • As explained below Ford do not currently offer a service plan at this current time for purchased vehicles.The purchase price on the Ranger would have been £34,195 (inc VAT) in 2015 (without the Crown Commercial Discount).

Related to Commercial Discount

  • 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.

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

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

  • Merchant discount means the fee or negotiated discount charged to a merchant by the financial institution for the privilege of participating in a program whereby a credit card is accepted in payment for merchandise or services sold to the credit card holder.

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount has the meaning set forth in Section 6.06.

  • Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).

  • Discount Range Prepayment Notice means a written notice of a Borrower Solicitation of Discount Range Prepayment Offers made pursuant to Section 2.05(a)(v)(C) substantially in the form of Exhibit M-4.

  • Discount Range has the meaning assigned to such term in Section 2.11(a)(ii)(C).

  • Discounted Term Loan Prepayment has the meaning assigned to such term in Section 2.11(a)(ii)(A).

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

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Rate means the rate used by the Plan Administrator for determining the Accrual Balance. The initial Discount Rate is six percent (6%). However, the Plan Administrator, in its discretion, may adjust the Discount Rate to maintain the rate within reasonable standards according to GAAP and/or applicable bank regulatory guidance.

  • Specified Discount Prepayment Notice means an irrevocable written notice of a Borrower Offer of Specified Discount Prepayment made pursuant to Section 2.11(a)(ii)(B) substantially in the form of Exhibit I.

  • Discounted Prepayment Option Notice has the meaning specified in Section 2.05(d)(ii).