Credit or Refund Sample Clauses

Credit or Refund. In the event that Product supplied by Corgenix under the terms of this Agreement is determined to be non-conforming Product, Corgenix shall reimburse BG Medicine for the full purchase paid to Corgenix, if any, for such non-conforming Product. Such reimbursement shall also include the cost of the BGM Critical Components included in such non-conforming Product, if it is determined that Product failure is due to materials provided by or activities performed by Corgenix. If Product failure is due to failure of Critical Components provided by BG Medicine, BG Medicine shall be responsible to pay for Critical Components necessary for replacement Product or Lot.
AutoNDA by SimpleDocs
Credit or Refund. In the event that Products supplied by BioCheck under the terms of this Agreement is determined to be non-conforming Product, BioCheck shall reimburse diaDexus for the full purchase paid to BioCheck, if any, for such non-conforming Product.
Credit or Refund. If the Adjustment Note gives effect to a Decreasing Adjustment, the Supplier must pay to the Recipient the GST component of the Decreasing Adjustment not later than the fourteenth business day of the month following the month in which the Adjustment Note is issued to the Recipient. Schedule 1 Reference Schedule
Credit or Refund o Where fewer than 30 lessons are offered a credit will be issued for the following year, or a refund if there is no tuition in the following year. o For team taught whole class programmes, a partial refund will be due if more than three sessions in the year are taught with one teacher missing.
Credit or Refund. If ASTI issues a credit or refund to a customer related to a particular sale upon which a commission has been paid, then at ASTI's election, either (A) Spectrum shall refund to ASTI a proportional amount of the commission Spectrum received because of such sale, or (B) ASTI shall deduct the same from future commissions Spectrum earns. The credit or refund shall be computed from prices then in effect, unless otherwise approved by ASTI. If a customer fails for any reason to pay for any Products shipped pursuant to a sale upon which a commission has been paid, then at ASTI's election, either (A) Spectrum shall refund a proportional amount of any commission Spectrum received with respect to such order, or (B) ASTI may deduct the same from future commissions Spectrum earns.
Credit or Refund. In the event that Cleavage Enzyme supplied by or on behalf of TWTI under the terms of this Agreement is determined to be non-conforming Cleavage Enzyme, TWTI shall credit ACLA for the full purchase paid to TWTI, if any, for such non-conforming Cleavage Enzyme.
Credit or Refund. In the event that Product supplied by Denka Seiken under the terms of this Agreement is determined to be nonconforming Product, Denka Seiken shall reimburse diaDexus for the full purchase price paid to Denka Seiken, if any, for such nonconforming Product.
AutoNDA by SimpleDocs
Credit or Refund. In the event that Products supplied by Corgenix under the terms of this Agreement is determined to be non-conforming Product, Corgenix shall reimburse diaDexus for the full purchase paid to Corgenix, if any, for such non-conforming Product if it is determined that Product failure is due to materials provided by or activities performed by Corgenix. If Product failure is due to failure of diaDexus Manufacturing Materials, diaDexus shall be responsible to pay for diaDexus Manufacturing Materials necessary for replacement Product or Lot.

Related to Credit or Refund

  • Letter of Credit Fees The applicable Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in accordance, subject to Section 2.16, with its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Rate times the Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.09. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each standby Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Lenders, while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!