Specified Discount Factor definition

Specified Discount Factor equals 5.40%.
Specified Discount Factor equals 4.85%.
Specified Discount Factor equals 8.85%.

Examples of Specified Discount Factor in a sentence

  • The Contract Value of any particular receivable may be greater than or less than its outstanding principal amount, depending primarily upon whether the annual percentage rate of that receivable is greater than or less than the Specified Discount Factor.

  • If a receivable’s annual percentage rate is greater than the Specified Discount Factor, its Contract Value will be greater than its outstanding principal balance because the discount rate used to determine its Contract Value is lower than the annual percentage rate that generated the finance charge component of the scheduled payments that are discounted to determine the Contract Value.

  • Operationally, the Board will adopt Human Resources best practices and programs including encouraging qualified applicants from under-represented communities, such as the Black community and other communities of colour, to self-identify in order to proactively recruit and hire a diverse workforce.

  • Conversely, if a receivable’s annual percentage rate is lower than the Specified Discount Factor; its Contract Value will be less than its outstanding principal balance because the discount rate used to determine its Contract Value is greater than the annual percentage rate that generated the finance charge component of the scheduled payments that are discounted to determine the Contract Value.


More Definitions of Specified Discount Factor

Specified Discount Factor equals 8.40%.
Specified Discount Factor equals 5.70%.
Specified Discount Factor means the discount factor set forth in clause “(ggg)” of Schedule 1.1.
Specified Discount Factor equals 7.10%.
Specified Discount Factor means the discount factor set forth in clause “(ggg)” of Schedule 1.1. (hhh) “Specified Gross Profit Margin” means the Gross Profit Margin set forth in clause “(hhh)” of Schedule 1.1. (iii) “Specified Option Number” means the number set forth in clause “(iii)” of Schedule 1.1. (jjj) “Stock Payment Election” shall have the meaning set forth in Section 2.3. (kkk) “Subsidiary” shall mean, with respect to any person, any entity in which such person directly or indirectly owns, beneficially or of record: (a) an amount of voting securities of or other interests in such entity that is sufficient to enable such person to elect at least a majority of the members of such entity’s board of directors or other governing body; or (b) at least 50% of the outstanding equity, voting or financial interests in such entity. (lll) “Supermajority Vote” shall have the meaning set forth in Section 4.4(c). (mmm) “Transferee” shall have the meaning set forth in Section 2.5. (nnn) “Unwaived Acceleration Event” shall mean any Acceleration Event with respect to which the Earn Out Representative has not waived the Earn Out Sellers’ rights or the Purchaser’s obligations under Section 2.2 in connection with such Acceleration Event. 2.

Related to Specified Discount Factor

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.

  • Age-based discount means a discount offered on selected hospital policies for persons and/or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of 10 per cent. Providing the person remains on an applicable hospital cover, they are entitled to the discount until they turn 41 at which time the discount will decrease at the rate of two per cent per year for up to five years, so that no age-based discounts are available after the age of 45.