Initial Discount definition

Initial Discount means the percentage of asset’s value that should be paid by your own funds to open a position in that asset. Maintenance discount is the percentage of asset’s value that should at any time be covered by your own funds while you hold the opened position in that asset.

Initial Discount means, with respect to each Purchased Receivable acquired on the Initial Funding Date, the initial discount cost applied by the Administrative Agent to such Purchased Receivable, equal to the product of (a) the Initial Discount Rate applicable to such Purchased Receivable multiplied by (b) the Net Invoice Amount of such Purchased Receivable as of the applicable Purchase Date.

Initial Discount two and one half percent (2 1/2 %) of the Face Amount.

Examples of Initial Discount in a sentence

• Xxxxxxxx understands and agrees that all such discounts and special pricing inures solely to the benefit of Processor, and Xxxxxxxx is not entitled to such discounts; (iv) Initial Discount: Merchant understands that initial discount rates assessed by Provider are based on Merchant's projected sales volume, average Transaction amount, and Card acceptance practices.

• Merchant understands and agrees that all such discounts and special pricing inures solely to the benefit of Processor, and Merchant is not entitled to such discounts; (iv) Initial Discount: Merchant understands that initial discount rates assessed by Provider are based on Merchant's projected sales volume, average Transaction amount, and Card acceptance practices.

• The total of the Annual Subscription Fee minus the Annual Discount multiplied by the number of 12-month periods during the Initial Subscription Period shall be reduced by the Initial Discount, if any, set forth on the Order.

• This Discount Note is one of the Initial Discount Notes referred to in the Indenture.

• The Initial Discount Notes are being --------------- offered and sold by Holdings pursuant to the Purchase Agreement.

More Definitions of Initial Discount

Initial Discount means nine percent (9%).

Initial Discount means the greater of 0.25% of the Original Issue Price and $55,000.

Initial Discount is a percentage that represents the discount to be applied by AFS to any Charges invoiced by AFS to VG in excess of the Target Price.

Initial Discount means the Discount Rate Percentage applied to the Planned Usage for the Initial Client Environment. This includes a discount for the term and volume of Planned Usage.

Initial Discount means twelve and one-half percent (12 1/2%)until May 27, 2001, increasing by two percent (2%) on May 27, 2001 and an additional two percent (2%) on the 27th day of each month thereafter.

Initial Discount means twelve and one-half percent (12 1/2%).

Initial Discount two percent (2%) of the Face Amount. Page 1 of 15 1.17. “Invoice” - the document that evidences or is intended to evidence an Account. Where the context so requires, reference to an Invoice shall be deemed to refer to the Account to which it relates. 1.