Discounted Percentage definition

Discounted Percentage shall have the meaning specified in Section 2.08.
Discounted Percentage means (i) with respect to the calculation of the Contribution Value attributed to the Receivables and the other Receivable Assets related thereto to be contributed by the Contributor to the Company, a percentage agreed upon by the Contributor, and consented to by the Administrative Agent and each Funding Agent (such consent not to be unreasonably withheld) from time to time that reflects, among other factors, the historical rate at which Receivables are charged off in accordance with the Policies and (ii) with respect to the calculation of the related Contribution Value or Originator Purchase Price, a percentage agreed upon by the related Originator and the Contributor and consented to by the Administrative Agent and each Funding Agent (such consent not to be unreasonably withheld) from time to time that reflects, among other factors, the historical rate at which Receivables are charged off in accordance with the Policies of the related Originator.
Discounted Percentage shall have the meaning specified in Section 4.14. ---------------------

Examples of Discounted Percentage in a sentence

  • The Discounted Percentage in Respect of the Collections of Principal Receivables set forth in paragraph 1.(a)above................................

  • The Discounted Percentage in respect of the Collections of Principal Receivables set forth in paragraph 1.(a) above.........................

  • The Discounted Percentage in Respect of the Collections of Principal Receivables set forth in paragraph 1.(a) above.........................

  • The Discounted Percentage in Respect of the Collections of Principal Receivables set forth in paragraph 1(a) above................

  • The Discounted Percentage in Respect of the Collections of Principal Receivables set forth in paragraph 1(a) above............................


More Definitions of Discounted Percentage

Discounted Percentage has the meaning specified in Schedule VII hereto.
Discounted Percentage means (i) with respect to the calculation of the Contribution Value attributed to the Receivables and the other Receivable Assets related thereto to be contributed by the Contributor to the Company, a percentage agreed upon by the Contributor, and consented to by each Funding Agent (such consent not to be unreasonably withheld) from time to time that reflects, among other factors, the historical rate at which Receivables are charged off in accordance with the Policies and (ii) with respect to the calculation of the related Contribution Value or Originator Purchase Price, a percentage agreed upon by the related Originator and the Contributor and consented to by each Funding Agent (such consent not to be unreasonably withheld) from time to time that reflects, among other factors, the historical rate at which Receivables are charged off in accordance with the Policies of the related Originator.
Discounted Percentage means (i) with respect to the calculation of the Contribution Value attributed to the Receivables and the other Receivable Assets related thereto to be contributed by the Contributor to the Company, a percentage agreed upon by the Contributor, and consented to by the Administrative Agent and each Funding Agent (such consent not to be unreasonably withheld) from time to time that is intended to cause the Contribution Value to reflect the fair market value of such Receivables and related Receivables Assets, and shall take into consideration, among other factors, the historical rate at which Receivables are charged off in accordance with the Policies and (ii) with respect to the calculation of the related Contribution Value or Originator Purchase Price of Purchased Receivables and related Receivable Assets, a percentage agreed upon by the related Originator and the Contributor and consented to by the Administrative Agent and each Funding Agent (such consent not to be unreasonably withheld) from time to time that is intended to cause the Contribution Value or Originator Purchase Price, as applicable, to reflect the fair market value of such Receivables and related Receivables Assets, and shall take into consideration, among other factors, the historical rate at which Receivables are charged off in accordance with the Policies of the related Originator.
Discounted Percentage shall have the meaning specified in Schedule 6.
Discounted Percentage shall have the meaning specified in Section 2.08. “Distribution Account” shall have the meaning specified in subsection 4.02(c).
Discounted Percentage has the meaning specified in SCHEDULE 6 hereto.
Discounted Percentage shall have the meaning specified in Section 2.10. “Eligible Credit Card Account” shall mean a Credit Card Account established by the Seller on which one or more credit cards have been issued pursuant to the related Credit Card Agreement and in accordance with the Visa Manual, the Mastercard Rules, or the by-laws and regulations of any other similar entity or organization relating to Credit Card Accounts which provides for the extension of credit on a revolving basis by the Seller to the cardholder under the related Credit Card Agreement to (a) finance the purchase of products and services from Persons that accept a Specified Account Designation credit card as a method of payment for such products and services and/or (b) obtain cash advances directly or indirectly by way of credit card cheques and balance transfers, and which is not an Ineligible Account.