Discounting Charge definition

Discounting Charge means a charge calculated as the percentage specified in the Schedule of the Funds in Use;
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Discounting Charge means a charge to be debited to the Client, calculated in respect of any daily debit balance on the Discounting Account, at the rate specified in the Terms Schedule. Documentation Charge means a fee for the service of producing the Agreement or any other related documents. Egyptian Pounds means the lawful currency of the ARE. Electronic Transmission For the purpose of this contract, Electronic Data Transmission means the transmission of data between the Client and the Bank via any secure Bank Electronic Transfer channel, be it internet service (including internet Banking or e-RF), facsimile transmission, or other Bank secure transmission channels. Event of Default means any of the events or circumstances listed in Clause 21. Execution Date means the date this Agreement was signed, as set out in the Terms Schedule. Extension Period means the period after which the Bank may consider a Receivable to be seriously overdue for payment and no longer an Approved Receivable, as specified in the Terms Schedule or such other period as selected by the Bank at the Bank’s discretion.
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Discounting Charge means the discounting charge for which provision is made in condition 2.3;
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Examples of Discounting Charge in a sentence

  • Discounting Charge will be payable monthly, calculated as the percentage stipulated in the Agreement of the Funds In Use from time to time.

  • This is both a limit in relation to possible formal establishment of them as IOC bodies and an advantage in ensuring involvement of the full oceanographic communities.

  • The termination of the Agreement will not affect rights and obligations in respect of any Debts which were created before the Termination Date including the accrual of the Discounting Charge and the Bank's rights to set off monies or consolidate accounts.

  • If the Memorandum Discounting Statement is in Euro or Sterling, the Discounting Charge will be calculated on a year of 365 days and if in any other Approved Currency, on a year of 360 days or as otherwise advised by the Bank.

  • The Client will pay the Discounting Charge on the outstanding balance of the Memorandum Discounting Statement.

  • Except where the Bank may change Limits at its complete discretion and relating to changes to the Discounting Charge, the Administration Fee and/or the Minimum Administration Fee changes to the Agreement can be made between the Client and the Bank in any way but will only come into effect on the date stated in written confirmation from the Bank to the Client of such change or if no such date is stated upon despatching such confirmation.

  • Changes to the Discounting Charge (where such changes relate to the percentage margin above the Applicable Rate only), the Administration Fee and the Minimum Administration Fee will be effective when agreed between the Bank and the Client in writing.

  • The calculation of the Purchase Price for such Debts includes a deduction for our Service Charge and Discounting Charge.

  • The Bank will debit the Client monthly with a Discounting Charge which will be shown on the Current Account and the Discounting Account.

  • If there are no sums payable or the sums payable to the Seller are insufficient, then the Seller shall pay the Program Fee and the Discounting Charge at the end of the then current calendar month or as otherwise Notified by the Bank.


More Definitions of Discounting Charge

Discounting Charge means the discount charge to be paid by the Initial Client under Clause 6.2.
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Discounting Charge means the discount charge to be paid by the Initial Client under Clause 6.2; "Discounting Documents" means this Agreement and the Security Documents or any of them; "Discounting Rate" means the aggregate of: (a) the Base Rate (or, if applicable, the Cost of Funds); and (b) the Margin; "Disposal" means a sale, transfer or other disposal (including by way of lease or loan) by a person of all or part of its assets, whether by one transaction or a series of transactions and whether at the same time or over a period of time; "Dormant Subsidiary" means, on any given date, a Group Company, (a) which has been dormant within the meaning of section 250(3) of the Act for a period of 12 months ending on that date and (b) the value of whose assets does not exceed in aggregate(pound)5,000; "Electronic Transmission" means telegraphic transfers and any method pursuant to which payments can be made through the inter bank payments system; "Environmental Law" means all or any statutes, directives, regulations, codes of practice or conduct, circulars and guidance notes and rules of law relating to or concerning:-
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Related to Discounting Charge

  • Restructuring Charges means all charges and expenses caused by or attributable to any restructuring, severance, relocation, consolidation, closing, integration, business optimization or transition, signing, retention or completion bonus or curtailments or modifications to pension and post-retirement employee benefit plans.

  • Recurring Charges means where you allow a Merchant to bill your Account for a specified or unspecified amount, at regular or irregular intervals for goods or services;

  • Monthly Recurring Charge refers to the sum that the Requesting Licensee shall pay for the service on a monthly basis computed from the beginning of the month as specified in Schedule 15;

  • Parking Charge means the charge paid by drivers to leave a vehicle in a parking place;

  • Floating Charge means a charge that, as created, was a floating charge;

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Accounting Change refers to any change in accounting principles required by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants or, if applicable, the SEC.

  • Fixed Charges Coverage Ratio means, at any time, the ratio of (a) Consolidated Income Available for Fixed Charges for the period of four consecutive fiscal quarters ending on, or most recently ended prior to, such time to (b) Fixed Charges for such period of four consecutive fiscal quarters.

  • RUNNING CHARGE PER KILOMETER means the rates payable against each KM run. and shall be deemed to include all the expenditures of the Transport Supplier viz., cost of fuel, tyre/tube, battery & consumables like lubricants etc. and other maintenance expenditures including accessories involved including GST element as applicable towards movement of the vehicle(s)/equipment.

  • Accounting Changes refers to changes in accounting principles required by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting Standards Board of the American Institute of Certified Public Accountants or, if applicable, the SEC.

  • Restructuring Costs means the costs, including both direct and indirect, of restructuring activities. Restructuring costs that may be allowed include, but are not limited to, severance pay for employees, early retirement incentive payments for employees, employee retraining costs, relocation expense for retained employees, and relocation and rearrangement of plant and equipment. For purposes of this definition, if restructuring costs associated with external restructuring activities allocated to DoD contracts are less than $2.5 million, the costs shall not be subject to the audit, review, and determination requirements of paragraph (c)(4) of this subsection; instead, the normal rules for determining cost allowability in accordance with FAR Part 31 shall apply.

  • Counting room means a suitable and convenient private place or room,

  • Fixed Charges means, with respect to any specified Person for any period, the sum, without duplication, of:

  • FAS means Free alongside shipment

  • Amortization means the gradual extinguishment of an amount in an account by distributing such amount over a fixed period, which may be over the life of the asset or liability to which it applies, or over the period during which it is anticipated the benefit will be realized.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Restructuring Expenses means losses, expenses and charges incurred in connection with restructuring within the Issuer and/or one or more Restricted Subsidiaries, including in connection with integration of acquired businesses or Persons, disposition of one or more Subsidiaries or businesses, exiting of one or more lines of businesses and relocation, disposition or consolidation of facilities, including severance, curtailments or modifications of pension plans, lease termination and other non-ordinary-course, non-operating costs and expenses in connection therewith.

  • Yield Maintenance Charge With respect to any Mortgage Loan or Serviced Companion Loan, the yield maintenance charge or prepayment premium, if any, payable under the related Note in connection with certain prepayments.

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Consolidated Fixed Charges means, with respect to any Person for any period, the sum, without duplication, of:

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff.

  • Accounting Event means the receipt by the Issuer of an opinion of an Authorized Public Accountant in Finland (reputable and experienced in such matters) to the effect that, as a result of a change in the applicable accounting standards or interpretation thereof, the equity treatment of the Capital Notes as “equity” in full in the Issuer’s consolidated financial statements has or will cease.

  • Fixed Charge , in relation to a tenancy, means—

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Counting judge means a poll worker designated to count the ballots during

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.