Debt Discount definition

Debt Discount means debt discount with respect to Subordinated Indebtedness permitted by the provisions hereof.
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Examples of Debt Discount in a sentence

  • The following table summarizes the charges to interest and amortization for the period from inception (November 30, 2011) through May 31, 2012 totaled: Factor Fees $ 25,471 Other Interest Charges 3,310 Interest Expense on Convertible Promissory Note 686 Interest Expense on Related Party Convertible Promissory Notes 2,957 Accretion of Debt Discount 4,884 Total $ 37,308 The Company is authorized to issue 20,000,000 shares, in aggregate, consisting of 20,000,000 shares of common stock, $0.001 par value.

  • Current and Accrued Assets (174) 32 Total Current and Accrued Assets $ 215,924 $ (12,955) $ 202,969 DEFERRED DEBITS 32 Unamortized Debt Discount & Expense (181) 24,976 8,123 33,099 33 Extraordinary Property Losses (182) 34 Prelim.

Related to Debt Discount

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

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

  • 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%.

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

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