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.
Applicable Discount has the meaning set forth in Section 2.05(a)(v)(C)(2).
BA Discount Rate means:
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%.
Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).
Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).
Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).
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 Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).
Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).
Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).
Submitted Discount has the meaning set forth in Section 2.05(a)(v)(C)(1).
Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).
Discount has the meaning set forth in Section 6.06.
Acceptable Discount has the meaning set forth in Section 2.05(a)(v)(D)(2).
Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).
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.
Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.
Offered Discount has the meaning set forth in Section 2.05(a)(v)(D)(1).
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 Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).
S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:
Discount Range Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(C)(1).
Submitted Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).
Discounted Value means, with respect to the Called Principal of any Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Notes is payable) equal to the Reinvestment Yield with respect to such Called Principal.