Direct Debit Discount definition

Direct Debit Discount means We provide a discount per month (calculated daily) if You have given us an active direct debit before the day We calculate Your Bill. Distributor means a person who supplies Network Services to any other person or persons (and includes the Distributor’s representatives or contractors). Energy includes Electricity, Natural Gas and LPG.
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Direct Debit Discount means We provide a discount per month (calculated daily) if You have given us an active direct debit before the day We calculate Your Bill. Disconnection Event Distributor means a person who supplies Line Services to any other person or persons (and includes the Distributor’s representatives or contractors). Energy includes Electricity and/or Gas. Energy Rate means the rates displayed on Your Schedule A – Your Price Plan in the section labelled “Energy”. This excludes items in the section labeled “Delivery”. Fees means all charges outlined in Schedule B – Fees. ICP means Installation Control Point, which is a physical Point of Connection on a local Network or an embedded Network which the Retailer will be deemed to supply Energy to a customer. Interruption Event Kilowatt-Hour is also known as the “unit” of Electricity (kWh). Lines mean works that are used or intended to be used for the conveyance of Electricity and includes Customer Service Lines.
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Examples of Direct Debit Discount in a sentence

  • If you stop or fail to make payment via Direct Debit your Direct Debit Discount will be removed.

  • The Delivery charge on Your Bill will include Network Charges, Metering, Billing and Administration, Electricity Authority Levy, Online Discount (if selected) and the Direct Debit Discount (if selected).

  • If you stop or failto make payment via Direct Debit your Direct Debit Discount will be removed.

  • Direct Debit Discount is a percentage discount applied to the consumption charges only for each invoice where valid direct debit or credit card payments have been provided as an automatic payment method for eligible customers only.

  • Annual Direct Debit Discount for customers using more than 8,000 kWh is £22.05 (Incl VAT).

  • For annual con- sumption under 8,000 kWh per annum the Annual Direct Debit Discount is £5.51 (Incl VAT).

  • This will save us costs when we have to send letters in future.• Significant Modifications to the membership system for the new rates, and in particular to ensure correct application of the Direct Debit Discount.

  • The Delivery charge on Your Bill will include Network Services, Retailer Services, Metering, Electricity Authority Levy, Online Discount (if selected) and the Direct Debit Discount (if selected).

Related to Direct Debit Discount

  • 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.

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

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

  • 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%.

  • 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).

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

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

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

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

  • 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.

  • 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).

  • 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.

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

  • 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.

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

  • BA Discount Rate means:

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

  • 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.

  • 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 Proceeds means, with respect to any B/A, an amount (rounded upward, if necessary, to the nearest Cdn.$.01) calculated by multiplying (a) the face amount of such B/A by (b) the quotient obtained by dividing (i) one by (ii) the sum of (A) one and (B) the product of (x) the Discount Rate (expressed as a decimal) applicable to such B/A and (y) a fraction of which the numerator is the Contract Period applicable to such B/A and the denominator is 365, with such quotient being rounded upward or downward to the fifth decimal place and .000005 being rounded upward.

  • Mandatory Prepayment Amount for any Debentures shall equal the sum of (i) the greater of: (A) 130% of the principal amount of Debentures to be prepaid, plus all accrued and unpaid interest thereon, or (B) the principal amount of Debentures to be prepaid, plus all other accrued and unpaid interest hereon, divided by the Conversion Price on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is less, multiplied by the VWAP on (x) the date the Mandatory Prepayment Amount is demanded or otherwise due or (y) the date the Mandatory Prepayment Amount is paid in full, whichever is greater, and (ii) all other amounts, costs, expenses and liquidated damages due in respect of such Debentures.

  • Borrower Solicitation of Discount Range Prepayment Offers means the solicitation by any Company Party of offers for, and the corresponding acceptance by a Lender of, a voluntary prepayment of Term Loans at a specified range of discounts to par pursuant to Section 2.05(a)(v)(C).

  • Reinvestment Prepayment Amount with respect to any Reinvestment Event, the Reinvestment Deferred Amount relating thereto less any amount expended prior to the relevant Reinvestment Prepayment Date to acquire or repair assets useful in the Borrower’s business.