Gross Amount definition
Examples of Gross Amount in a sentence
Ancillary Facility Lenders and Issuing Banks) shall not restrict any right of an Ancillary Facility Lender to net or set-off in relation to a Multi-account Overdraft Facility, in accordance with the terms of the Senior Facilities Agreement or relevant Pari Passu Debt Document, to the extent that the netting or set-off represents a reduction from a Permitted Gross Amount of that Multi-account Overdraft Facility to or towards its Designated Net Amount.
Check Request No. Gross Amount G/L Account (8) Class +Obj+0’s Bus.
The Purchase Price (herein so called) for the Receivables shall be the Gross Amount of the Invoice minus the Discount.
Upon Charge-Back of any Receivable, Seller shall pay to Purchaser on demand an amount equal to the Gross Amount of the Receivable (the face amount of the Receivable), less rebate of Discount, if any, less any payments made on such invoice to Purchaser.
Any reduction reflected in the difference between the Individual Gross Amount and Individual Net Amount will not affect the Final Settlement Amount or the Net Settlement Amount.