Additional Discount

Example Definitions of "Additional Discount"
Additional Discount. The Additional Discount Percentage multiplied by the Advance, less any payments made on such Account, for a Purchased Account, for each calendar day that any portion thereof remains unpaid, computed from the date on which a Purchased Account was purchased to and including the Ineligible Account Date.
Additional Discount. A discount in the amount of one percent (1%) of the Face Amount of a Purchased Account.
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