Termination Discount definition
Termination Discount means, on any date of determination, an amount determined pursuant to the following formula:
Termination Discount means, for the Participation on any date, an amount equal to the Rate Variance Factor on such date multiplied by the product of (i) the Investment of the Participation on such date and (ii) the product of (a) the Base Rate for the Participation plus 2% per annum for a 30-day Yield Period deemed to commence on such date and (b) a fraction having as its numerator the sum of the Average Maturity plus the Collection Delay Period (each as in effect at such date) and 360 as its denominator.
Termination Discount means, for the Purchased Interest on any date, an amount equal to the Rate Variance Factor on such date multiplied by the product of (i) the Net Receivables Balance on such date and (ii) the product of (a) the Base Rate for the Purchased Interest for a 30-day Fixed Period deemed to commence on such date and (b) a fraction having as its numerator the product of the Average Maturity multiplied by the Collection Delay Factor (each as in effect at such date) and 360 as its denominator.
Examples of Termination Discount in a sentence
However, if the Early Termination Date occurs after the Final Acceptance Date, the compensation pursuant to this Section 19.3.2.2 shall be no less than an amount equal to the amount of Milestone Payments to be paid between the Early Termination Date and [INSERT DATE] (inclusive), each amount discounted back at the Milestone Payments Termination Discount Rate, from the date on which such amount should have been paid (had the Agreement and the Lease not been terminated) to the Early Termination Date.
More Definitions of Termination Discount
Termination Discount. On any date of determination, an amount determined pursuant to the following formula: AO * ACDR * [(2 * DSO) / 360] Where: AO = the Advances Outstanding on such date; ACDR = an annualized current daily rate equal to the sum of (i) the Alternative Rate on such date, (ii) the Lender Margin, (iii) the Servicing Fee Rate, and (iv) 0.05%; DSO = Days Sales Outstanding on such date.
Termination Discount means, on any date of determination, an amount determined pursuant to the following formula: Where: C = the Aggregate Capital outstanding on such date AD = the U.S. Dollar Equivalent of the aggregate amount of Discount that accrues on all outstanding Capital on such date COF = AD x 360 C DSO = Days Sales Outstanding on such date UFR = the “Used Fee Rate” (as defined in the Fee Letter on such date)
Termination Discount means, for the Participation on any date, an amount equal to the Rate Variance Factor on such date multiplied by the product of (i) the Investment of the Participation on such date and (ii) the product of (a) the Base Rate for the Participation plus 2% per annum for a 30-day Yield Period deemed to commence on such date and (b) a fraction having as its numerator the greater of (1) two TIMES the Average Maturity (as in effect at such date) and (2) the Weighted Average CP Maturity and 360 as its denominator.
Termination Discount means, on any date of determination, an amount determined pursuant to the following formula; ▇▇▇ [(𝐶𝑂𝐹𝑥1.50) + 𝑈𝐹] 𝑥 (2𝑥𝐷𝑆𝑂/360) where: NI = the Aggregate Capital on such date; COF = the applicable Yield Rate; DSO = Days’ Sales Outstanding on such date; and UF = the “Usage Fee” (as set forth in the Fee Letter in effect on such date).
Termination Discount means the termination discount applicable to a -------------------- Holder's Termination of Employment calculated pursuant to Section 5.
Termination Discount means, on any date, an amount equal to the product of (i) the Investment on such date, times (ii) LIBOR times (iii) one and one-quarter (1.25), times (iv) a fraction having as its numerator the Average Remaining Maturity at such time and three hundred sixty (360) as its denominator.
Termination Discount means, for the Purchased Interest under the Agreement or the Parallel Purchase Agreement on any date, an amount equal to the Rate Variance Factor on such date multiplied by the product of (i) the Capital of such Purchased Interest on such date and (ii) the product of (a) the Base Rate for such Purchased Interest for a 30-day Fixed Period deemed to commence on such date and (b) a fraction having as its numerator the product of (i) the Average Maturity (as in effect on such date) times (ii) 2.0 and 360 as its denominator.