Discount and Fees Sample Clauses

The "Discount and Fees" clause defines the terms under which discounts are applied and fees are charged within an agreement. It typically outlines the conditions for receiving price reductions, such as early payment or bulk purchases, and specifies any additional charges that may be incurred, like late payment fees or administrative costs. This clause ensures both parties understand the financial adjustments that may affect the total amount payable, promoting transparency and preventing disputes over unexpected charges or missed discounts.
Discount and Fees. (a) The Sellers shall pay to the Purchaser certain fees in the amounts and on the dates set forth in a letter agreement, dated as of the Closing Date, among the Sellers, the Agent, the Purchaser and Manitowoc (as the same may be amended, amended and restated, supplemented or modified, the “Fee Letter”) delivered pursuant to Section 1 of Exhibit II, as such letter agreement may be amended, supplemented or otherwise modified from time to time. (b) The Sellers shall pay to the Purchaser on each Settlement Date, to the extent not paid pursuant to Section 1.6, all accrued and unpaid Discount for the related Discount Accrual Period. (c) Nothing in this Agreement shall limit in any way the obligation of the Sellers to pay the amounts set forth in this Section 1.7.
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Discount and Fees. Funding Losses 9 Section 1.6. Payments and Computations, Etc. 9 Section 1.7. Increased Costs 10 Section 1.8. Selection and Allocation of Discount Rates 11 Section 1.9. Payments and Computations, Etc. 12
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Discount and Fees. Funding Losses 10 Section 1.6. Payments and Computations, Etc. 10 Section 1.7. Increased Costs 1011 Section 1.8. Selection and Allocation of Discount Rates 12 Section 1.9. Payments and Computations, Etc.Benchmark Replacement Setting 12 Section 1.10. Successor LIBO Rate 14 ARTICLE II REPRESENTATIONS AND WARRANTIES; COVENANTS; TERMINATION EVENTS 1418 Section 2.1. Representations and Warranties; Covenants 1418 Section 2.2. Termination Events 1418 ARTICLE III INDEMNIFICATION 1419 Section 3.1. Indemnities by the Seller 1419 Section 3.2. Indemnities by the Servicer 1620 Section 3.3. Indemnity for Taxes 1721 ARTICLE IV ADMINISTRATION AND COLLECTIONS 1923 Section 4.1. Appointment of the Servicer 1923 Section 4.2. Duties of the Servicer 2024 Section 4.3. Lock-Box Arrangements 2125 Section 4.4. Enforcement Rights 2226 Section 4.5. Responsibilities of the Servicer 2327 Section 4.6. Servicing Fee 2328 ARTICLE V PERFORMANCE GUARANTY 2428 Section 5.1. Guaranty 2428 Section 5.2. Guaranty Absolute 2428 Section 5.3. Waiver 2529 Section 5.4. Subrogation 2630 ARTICLE VI THE AGENTS 2630 Section 6.1. Appointment and Authorization 2630 Section 6.2. Delegation of Duties 2731 Section 6.3. Exculpatory Provisions 2731 Section 6.4. Reliance by Agents 2832 Section 6.5. Notice of Termination Events 2833 Section 6.6. Non-reliance on Administrator and Purchaser Agents 2933 Section 6.7. Administrator, Purchasers, Purchaser Agents and Affiliates 2933 Section 6.8. Indemnification 2934 Section 6.9. Successor Administrator 3034 ARTICLE VII MISCELLANEOUS 3037 Section 7.1. Amendments, Etc. 3037 Section 7.2. Notices, Etc. 3138 Section 7.3. Assignability 3138 Section 7.4. Costs; Expenses 3442 Section 7.5. Confidentiality 3542 Section 7.6. Tax Forms; FATCA 3543 Section 7.7. Tax Treatment 3845 Section 7.8. Delivery of Tax Forms 3845 Section 7.9. GOVERNING LAW AND JURISDICTION 3845 Section 7.10. Execution in Counterparts 3846 Section 7.11. Survival of Termination; Third Party Beneficiaries 3846 Section 7.12. WAIVER OF JURY TRIAL 3946 Section 7.13. Entire Agreement 3946 Section 7.14. Headings 3946 Section 7.15. Special Damages 3947 Section 7.16. Patriot ▇▇▇ ▇▇▇▇ Section 7.17. No Proceedings 3947 Section 7.18. Limitation of Payments 4047 Section 7.19. Appointment and Authorization of Administrator 4047 Section 7.20. Limited Liability 4148 Section 7.21. Liquidity Based Amortization Event Trigger 4149 EXHIBIT I Definitions; Construction EXHIBIT II Conditions Precedent EXHIBIT III Representations and Wa...
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Discount and Fees. The Capital of each Purchaser shall accrue Discount on each day when such Capital remains outstanding at the then-applicable Discount Rate for such Purchaser’s related Capital. The Seller shall pay all Discount and Fees accrued during each Discount Period on the first Settlement Date occurring after the end of such Discount Period in accordance with the terms and priorities for payment set forth in Section 1.16. For the avoidance of doubt, Discount accrued during each Discount Period shall be due and payable on the first Settlement Date after such Discount Period without regard to the availability of Collections for payment thereof.
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Discount and Fees. It is agreed that the fees and commissions charged under this contract shall be as stated in the Electronic Payment Service Application Form. The Bank shall have the right to amend such amounts of fees and commissions provided that the Merchant (Customer) is so notified in writing not less than one month prior to the date of such amendment. The Merchant (Customer) acknowledges that it is aware of and fully understands all the terms and conditions set forth in this contract and further acknowledges its agreement thereon. In witness thereof, both parties executed this Agreement by their authorized representatives who have the authority to commit the party they represent.
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Discount and Fees. The Capital of the Issuer shall accrue interest on each day when such Capital remains outstanding at the then-applicable Yield Rate for such Capital. The Seller shall pay all Discount and Fees accrued during each Settlement Period on the first Settlement Date occurring after the end of such Settlement Period in accordance with the terms and priorities for payment set forth in Section 1.4. For the avoidance of doubt, Discount accrued during each Settlement Period shall be due and payable on the first Settlement Date after such Settlement Period without regard to the availability of Collections for payment thereof.
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Discount and Fees. The initial Discount and payment terms are set forth below and shall be effective within thirty (30) days of the date of last signature to this Agreement. In addition to the Discount, we may charge Participating State Entities Gateway Fees for processing.
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Discount and Fees. Funding Losses 910 Section 1.6. Payments and Computations, Etc. 910
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Related to Discount and Fees

  • Payment and Fees 3.1 In consideration for the Token, Royalty Rights and Creator Related Rights, First Acquirer hereby agrees to pay to the Seller the price set out under the Special Terms (“Fee”). Without limiting any of the foregoing, the valid execution of this Agreement, grant of rights stated herein, and the delivery of the Token, is conditioned upon (i) First Acquirer’s payment and Seller’s receipt of the entire Fee in the Escrow Account, and (ii) providing a compatible network wallet address in the manner as set out on the Website, as to where the Token will be delivered. The Seller shall retain the amount specified in the Special Terms as agency Fees.

  • Interest and Fees (a) The unpaid principal amount of each ABR Loan shall bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or otherwise and both before and after default and judgment) at a rate per annum that shall at all times be equal to the Applicable Margin for ABR Loans plus the ABR in effect from time to time. (b) The unpaid principal amount of each LIBOR Loan shall bear interest from the date of the Borrowing thereof until maturity (whether by acceleration or otherwise and both before and after default and judgment) at a rate per annum that shall at all times be equal to the Applicable Margin for LIBOR Loans plus the relevant LIBOR. (c) If all or a portion of (i) the principal amount of any Loan or (ii) any interest thereon or fees payable hereunder shall not be paid when due (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum that is (x) in the case of overdue principal, equal to the rate that would otherwise be applicable thereto plus, to the extent permitted by applicable law, 2.00% (after as well as before maturity and judgment), (y) in the case of any overdue interest with respect to any Loan, equal to the rate of interest applicable to such Loan plus, to the extent permitted by applicable law, 2.00%, or (z) in the case of any overdue fees or other amounts owing hereunder, equal to the rate of interest then applicable to Loans maintained as ABR Loans plus 2.00%, in each case from and including the date of such non-payment to but excluding the date on which such amount is paid in full (after as well as before maturity and judgment). All interest payable pursuant to this Section 2.8(c) shall be payable upon demand. (d) Interest on each Loan shall accrue from and including the date such Loan is made to but excluding the date of any repayment thereof and shall, except as otherwise provided pursuant to Section 2.8(c), be payable (i) in respect of each ABR Loan, quarterly in arrears on the last Business Day of each of March, June, September and December (for the three-month period (or portion thereof) ended on such day), (ii) in respect of each LIBOR Loan, on the last day of each LIBOR Period applicable thereto and, in the case of a LIBOR Period in excess of three months, on each date occurring at three-month intervals after the first day of such LIBOR Period and (iii) in respect of each Loan on any payment or prepayment (on the amount paid or prepaid), at maturity (whether by acceleration or otherwise) and, after such maturity, on demand. (e) All computations of interest hereunder shall be made in accordance with Section 5.4. (f) The Administrative Agent, upon determining the interest rate for any Borrowing of LIBOR Loans, shall promptly notify the Borrower and the Lenders thereof. Each such determination shall, absent clearly demonstrable error, be final and conclusive and binding on all parties hereto.

  • Points and Fees No Mortgagor was charged “points and fees” (whether or not financed) in an amount greater than (i) $1,000, or (ii) 5% of the principal amount of such Mortgage Loan, whichever is greater. For purposes of this representation, such 5% limitation is calculated in accordance with ▇▇▇▇▇▇ Mae’s anti-predatory lending requirements as set forth in the ▇▇▇▇▇▇ ▇▇▇ Guides and “points and fees” (x) include origination, underwriting, broker and finder fees and charges that the mortgagee imposed as a condition of making the Mortgage Loan, whether they are paid to the mortgagee or a third party; and (y) exclude bona fide discount points, fees paid for actual services rendered in connection with the origination of the Mortgage Loan (such as attorneys’ fees, notaries fees and fees paid for property appraisals, credit reports, surveys, title examinations and extracts, flood and tax certifications, and home inspections), the cost of mortgage insurance or credit-risk price adjustments, the costs of title, hazard, and flood insurance policies, state and local transfer taxes or fees, escrow deposits for the future payment of taxes and insurance premiums, and other miscellaneous fees and charges which miscellaneous fees and charges, in total, do not exceed 0.25% of the principal amount of such Mortgage Loan. This representation and warranty is a Deemed Material and Adverse Representation;

  • Dues and Fees Grantee certifies that it is not prohibited from receiving an Award because it pays dues or fees on behalf of its employees or agents, or subsidizes or otherwise reimburses them for payment of their dues or fees to any club which unlawfully discriminates (775 ILCS 25/1 et seq.).

  • Computations of Interest and Fees (a) Except for Base Rate Loans computed using the Prime Rate, on which interest shall be computed on the basis of a 365 or 366 day year as the case may be, all computations of interest and fees hereunder shall be made on the basis of the actual number of days elapsed over a year of 360 days. (b) It is the intent of the Lenders and each Borrower to conform to and contract in strict compliance with applicable usury law from time to time in effect. All agreements between the Lenders and the Borrowers are hereby limited by the provisions of this paragraph which shall override and control all such agreements, whether now existing or hereafter arising and whether written or oral. In no way, nor in any event or contingency (including but not limited to prepayment or acceleration of the maturity of any obligation), shall the interest taken, reserved, contracted for, charged, or received under this Credit Agreement, under the Notes or otherwise, exceed the maximum non-usurious amount permissible under applicable law. If, from any possible construction of any of the Credit Documents or any other document, interest would otherwise be payable in excess of the maximum non-usurious amount, any such construction shall be subject to the provisions of this paragraph and such documents shall be automatically reduced to the maximum non-usurious amount permitted under applicable law, without the necessity of execution of any amendment or new document. If any Lender shall ever receive anything of value which is characterized as interest on the Loans under applicable law and which would, apart from this provision, be in excess of the maximum lawful amount, an amount equal to the amount which would have been excessive interest shall, without penalty, be applied to the reduction of the principal amount owing on the Loans of the relevant Borrower and not to the payment of interest, or refunded to the relevant Borrower or the other payor thereof if and to the extent such amount which would have been excessive exceeds such unpaid principal amount of the Loans of the relevant Borrower. The right to demand payment of the Loans of any Borrower or any other indebtedness evidenced by any of the Credit Documents does not include the right to receive any interest which has not otherwise accrued on the date of such demand, and the Lenders do not intend to charge or receive any unearned interest in the event of such demand. All interest paid or agreed to be paid to the Lenders with respect to the Loans shall, to the extent permitted by applicable law, be amortized, prorated, allocated, and spread throughout the full stated term (including any renewal or extension) of the Loans so that the amount of interest on account of such indebtedness does not exceed the maximum non-usurious amount permitted by applicable law.