Funding Discount definition

Funding Discount means, for each day during a Tranche Period, the amount determined pursuant to the following formula: TA x TR 365 Where:

Funding Discount means [*];

Funding Discount means 5.9 per cent. multiplied by the weighted average maturity of the Additional Receivables Portfolio divided by 360;"; (the amendments described in paragraphs 1.1– 1.5 above herein together referred to as the "Amendments").

Examples of Funding Discount in a sentence

• Frequency of Funding Discount Rates for 2014 SE ME PP 7.00%+<6.00%6.00–6.49%<6.00%6.00–6.49% 6.50–6.99% <6.00%8.00%+6.50–6.99% 7.00–7.49%8.00%+ 6.50–6.99%7.00–7.49%6.00–6.49%7.50–7.99%7.50–7.99% Median 6.37%Liability-wtd average 6.45%Median 7.50%Liability-wtd average 7.42%Median 7.60%Liability-wtd average 7.60% The difference in discount rates among plan categories is obvious.

• On the date hereof, the General Partners shall distribute cash from the Rental Account to the STARS Limited Partner in an amount equal to the aggregate of all accrued and unpaid Funding Discount Amounts and Utilization Fees, in each case in respect of all periods up to but excluding the date hereof.

• The Funding Discount Amount provided by each Limited Partner shall be calculated using an estimate of the applicable funding costs, if necessary, for the remaining days in such Remittance Period; provided, however, that each calculation of the Funding Discount Amount for the following Remittance Period shall be adjusted as provided in subsection 4.3(b).

• Full Funding Discount Rate and Investment Return Assumption The State and employees in all bargaining units, except for CSU employees, and Judicial employees have agreed to pre-fund retiree healthcare benefits.

• Within the first two Business Days of each calendar month, each Limited Partner shall provide to the General Partners a determination of the Funding Discount Amount for the Notes issued or funding obtained by such Limited Partner under its Liquidity Agreement and the aggregate Bond Interest Amount for all series of Bonds issued by such Limited Partner, in each case for the preceding Settlement Period.

More Definitions of Funding Discount

Funding Discount with respect to an Originator, as measured on any Payment Date, means a percentage determined in accordance with the following formula: FD = (AM/360) x FR where: FD = the Funding Discount as measured on such Payment Date; AM = the Average Maturity of the Receivables as of the most recent Month End Date; and FR = the Funding Rate as measured on such Payment Date, as determined pursuant to paragraph (d) below.

Funding Discount as measured on any Payment Date (or the initial purchase date) means a percentage determined in accordance with the following formula: FD = (OTD/360) x FR where: FD = the Funding Discount as measured on such Payment Date (or the initial purchase date); OTD = the "Originator Turnover Days" for such Originator, which shall be equal to the product of (x) the quotient of (i) the aggregate Outstanding Balance of Pool Receivables originated by such Originator during the Purchase Period which occurs two months prior to the month in which such Payment Date (or the initial purchase date for such Originator) occurs, divided by (ii) the aggregate amount of the Collections received during the Purchase Period ending on the Month End Date immediately preceding such Payment Date (or initial purchase date for such Originator) on Pool Receivables originated by such Originator, multiplied by (y) the number of days in the calendar month coinciding with such Purchase Period; and FR = the Funding Rate as measured on such Payment Date, as determined pursuant to paragraph (d) below, or, in the case of the initial purchase, a Funding Rate equal to 4.60% per annum (or such rate as is specified in the Supplement for such Originator).

Funding Discount has the meaning set forth in SECTION 1.4(c) of the Purchase and Sale Agreement.

Funding Discount means, with respect to any Purchased Receivable having a maturity of more than 21 days from Purchase, 769/1000 of one percent; with respect to any Purchased Receivable having a maturity of between 15 and 21 days from Purchase, 578/1000 of one percent; with respect to any Purchased Receivable having a maturity of between eight and 14 days from Purchase, 385/1000 of one percent; and with respect to any Purchased Receivable having a maturity of between one and seven days from Purchase, 193/1000 of one percent.

Funding Discount means an amount determined for each Tranche Period, whether occurring prior to or after the Termination Date, pursuant to the following formula: (UPR x TR x TP) + (AOB x TR x TP) -- -- 365 365 where:

Funding Discount with respect to an Originator, as measured on any Payment Date, means a percentage determined in accordance with the following formula: FD = (AM/360) x FR where: FD = the Funding Discount as measured on such Payment Date; AM = the Average Maturity of the Receivables as of the most recent Month End Date; and FR = the Funding Rate as measured on such Payment Date, as determined pursuant to PARAGRAPH (d) below.

Funding Discount means (prior to the Effective Date) 5.9 per cent.% and (from the Effective Date) 4.75% multiplied by the number of days from (and including) the Purchase Date to (and excluding) the weighted average maturity date of the Receivables in the relevant Additional Receivables Portfolio divided by 360;