Discount Factor

Example Definitions of "Discount Factor"
Discount Factor. Shall mean 90% or such other amount as determined by the Board, up to a maximum of 85% provided that such change is announced at least 15 days prior to the scheduled beginning of an Offering Period.
Discount Factor. Means the difference of 1 minus (N/100) where N% is the applicable Discount.
Discount Factor. Shall mean 15% or such other lower amount as determined by the Board, provided that such change is announced at least 15 days prior to the scheduled beginning of an Offering Period
Discount Factor. Shall mean between 0% to 15% as determined by the Board (as defined in paragraph 18(b)) provided that such change is announced at least 15 days prior to the scheduled beginning of an Offering Period
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