Discount Charge definition

Discount Charge means the charge for Prepayments made by Santander.

Discount Charge means the charge referred to in condition 5.3, calculated daily by applying the rate per annum specified in paragraph 8(a) (or such other sum as we may agree with you in writing), and subject to the minimum specified in paragraph 8(b), to the balance standing to the debit of the Client Account (and any accrued Discount Charges or other charges accrued but not yet applied to the Client Account) as at the close of business each day;

Discount Charge. The charge for Prepayments (if any) made by Venture.

Examples of Discount Charge in a sentence

• Pledgor shall be liable for any deficiency that remains after Pledgee has exercised its rights under this Security Agreement.

• If the transfer of ownership is also connected to a re-mortgage please see the reply given above regarding postponement of the Discount Charge.

• At no time shall the interest rate payable on, or Discount Charge or Acceptance Commission with respect to, the Credit Documents, together with the Facility Fee to the extent the same is construed to constitute interest, exceed the maximum rate of interest permitted by law.

• If the Client and Venture agree verbally or in writing that instead of payment by cheque or BACS that Venture may make payments by the Clearing House Automated Payment System (sometimes known as "CHAPS") then the Purchase Price shall be adjusted by a Supplementary Discount Charge and Venture shall be entitled to a transaction charge, (the amount of which shall be advised by Venture from time to time) in respect of each payment.

• From time to time, Citibank will provide to the Supplier the Pricing Schedule that (i) discloses all processing, licensing or other fees or charges (including any document examination or other processing charges applicable to an associated open account servicing relationship established for Buyer, if applicable) (ii) describes the method used to calculate the applicable Discount Charge and (iii) sets the effective period (and any renewal periods) with respect thereto.

More Definitions of Discount Charge

Discount Charge for each Discount Offer is defined as the Payment Amount multiplied by the Discount Rate; Where:

Discount Charge means the charge to be calculated as described in Clause 5.3 at a rate specified in the Schedule or such other percentage as we may from time to time agree;

Discount Charge shall have the meaning set forth in Section 3.3.

Discount Charge has the meaning set forth in the relevant Pricing Schedule.

Discount Charge an amount calculated by daily applying the aggregate of the Margin and the Rate to the difference between the total amount paid by Five Arrows to the Client, by way of Initial Payments together with all other sums paid to the Client, or paid on the Client's behalf or at the Client's direction or debited to the Client's account with Five Arrows pursuant to this Agreement, and the total of receipts from Customers;

Discount Charge as defined in subsection 2.6(d).

Discount Charge is defined in Section 3.4(B).