Discount definition
Examples of Discount in a sentence
If any Discounted Voluntary Prepayment Notice is given, the amount specified in such notice shall be due and payable to the applicable Lenders, subject to the Applicable Discount on the applicable Loans, on the date specified therein together with accrued interest (on the par principal amount) to but not including such date on the amount prepaid.
Contractor shall reconcile all Discount guarantees and Dispensing Fee guarantees on a bi- annual basis per the performance guarantee.
The Applicable Discount shall be applicable for all Lenders who have offered to participate in the Discounted Voluntary Prepayment and have Qualifying Loans.
Contractor shall agree it will provide Claim detail, as needed, to a designated third party for independent reconciliation of all component level Discount and Dispensing Fee guarantees.
If the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would be less than the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay all Qualifying Loans.