Program Fee Percentage definition
Examples of Program Fee Percentage in a sentence
Immediately upon the implementation of such variable interest rate for the Accounts, the Program Fee Percentage shall increase to 7.53%.
The sum of (i) the net amount of Special Discounts paid by Bank with respect to such Special Discounts during such Fiscal Month, as reflected on such report (after deducting any Special Discounts reversed in respect of NMG Goods and Services for which a credit was issued), plus (ii) an amount equal to the product of such net amount of Special Discounts and the Program Fee Percentage shall be paid by NMG to Bank within three (3) Business Days of such report.
Payment of such amount shall be independent of and in no way modify the Program Fee Percentage applicable to an Account as set forth in Schedule 9.
The Discount Percentage (expressed as a percentage) for each Settlement Date after the Initial Purchase Date (“Settlement Date Discount Percentage”) shall be calculated as follows: The Program Fee Percentage (expressed as a percentage) shall be calculated as follows: (LIBOR + Applicable Margin) x (number of days in the respective period ÷ 360) SUPPLEMENT NO.