Common use of Discount Factor Clause in Contracts

Discount Factor. The "Discount Factor" for a related Undivided Interest at any time in a Yield Period means an amount determined as follows: DF = ED + ROD where: DF = the Discount Factor of such Undivided Interest at such time; ED = Earned Discount of such Undivided Interest accrued and unpaid at such time, as determined pursuant to Part I.B; ROD = Run Off Discount of such Undivided Interest at such time, as determined pursuant to Part I.D.

Appears in 2 contracts

Sources: Receivables Purchase Agreement (Sci Systems Inc), Transfer and Administration Agreement (Wackenhut Corp)

Discount Factor. The "Discount Factor" for a related Undivided Interest at any time in a Yield Period means an amount determined as follows: DF = ED + ROD where: ------ DF = the Discount Factor of such Undivided Interest at such timethe time of computation; ED = Earned Discount of such Undivided Interest accrued and unpaid at such timethe time of computation, as determined pursuant to Part I.Bper Section 2.05; ROD = Run Off Discount of such Undivided Interest at such time, as determined pursuant to Part I.D.and

Appears in 1 contract

Sources: Receivables Purchase Agreement (Terra Industries Inc)