Enhanced Minimum Recall Rebate and Settlement Recall Rebate Sample Clauses

Enhanced Minimum Recall Rebate and Settlement Recall Rebate. 1. For Settlement Class Members who are original purchasers and who selected a Recall Rebate under the Voluntary Recall for the purchase of a new, replacement Samsung or Kenmore brand washing machine, or who select such a Recall Rebate no later than the Claims Deadline and claim the Recall Rebate within 6 months of selecting the Recall Rebate, SECA will provide an Enhanced Minimum Recall Rebate equal to a net 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer. Therefore, a Claimant who previously obtained a Recall Rebate under the Voluntary Recall in a lower amount would, under the Enhanced Minimum Recall Rebate, receive the difference in value, if any, between 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer and the lower percentage of the Estimated Purchase Price that the Claimant previously received for his or her Recall Rebate under the Voluntary Recall. For example, if a Claimant previously received a Recall Rebate valued at 6 percent of the Estimated Purchase Price of the Claimant’s Washer, then the Claimant would be eligible under this Agreement to receive an electronic transfer or check in the amount necessary to increase the net value of their Recall Rebate to 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer (in this example, the referenced check would be in an amount equivalent to 9.5 percent of the Estimated Purchase Price of the Claimant’s Washer). For a Class Member who selects a Recall Rebate after the Settlement Notice Date and no later than the Claims Deadline, and who purchases the replacement Samsung brand washer and claims the Recall Rebate within 6 months of making that selection, or of the Claims Deadline, whichever is earlier, will receive an Enhanced Minimum Recall Rebate of 15.5 percent of the Estimated Purchase Price of the Claimant’s Washer.
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Related to Enhanced Minimum Recall Rebate and Settlement Recall Rebate

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.

  • Gross Settlement Amount Except as otherwise provided by Paragraph 8 below, Defendant promises to pay $290,000.00 and no more as the Gross Settlement Amount and to separately pay any and all employer payroll taxes owed on the Wage Portions of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount (or any payroll taxes) prior to the deadline stated in Paragraph 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • PAYMENT TERMS/PRE-PAYMENT/QUANTITY DISOUNTS If discounts for accelerated payment, pre-payment, progress payment, or quantity discounts are offered, they must be clearly indicated in the Contractor’s submission prior to contract award. The applicability or acceptance of these terms is at the discretion of the Customer.

  • Billing, Payment, Milestones, and Financial Security 6.1 Billing and Payment Procedures and Final Accounting

  • EI REBATE 1. The employer shall remit monthly to the BCTF Salary Indemnity Fund the proportionate share of the employment insurance premium reduction set out in the Previous Local Agreement. Where the proportionate share is not expressed in the Previous Local Agreement, the employer shall remit monthly to the BCTF Salary Indemnity Fund an amount consistent with the past practice of the local parties. The amount remitted on behalf of any employee shall not be less than 5/12 of said reduction.

  • Payments from the Gross Settlement Amount The Administrator will make and deduct the following payments from the Gross Settlement Amount, in the amounts specified by the Court in the Final Approval:

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price Decreases Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

  • Price Schedule, Payment Terms and Billing, and Price Adjustments (a) Price Schedule: Price Schedule under this Contract is set forth in Exhibit B.

  • C4 Price adjustment on extension of the Initial Contract Period C4.1 The Contract Price shall apply for the Initial Contract Period. In the event that the Client agrees to extend the Initial Contract Period pursuant to clause F8 (Extension of Initial Contract Period) the Client shall, in the 6 month period prior to the expiry of the Initial Contract Period, enter into good faith negotiations with the Contractor (for a period of not more than 30 Working Days) to agree a variation in the Contract Price.

  • Rental Rates and Wage Rates for Change Orders As soon as is practical, but prior to the completion of the Construction Preparation Period and in any event prior to the commencement of any Work on the Site, the Contractor shall submit in accordance with the style and format of a specimen to be furnished by the Owner for consideration of the Owner the following: (1) a proposal for rental rates on heavy construction equipment that shall apply in the event Change Order Work is performed, and (2) a proposal for wage rates for the types of project labor that shall apply in the event of the execution of any Change Order Work. Under penalty of false swearing, a principal of the contracting firm shall certify that the proposal for rental rates and proposal for wage rates do not exceed current costs for like services. The Owner will in no event consider a rental rate in excess of eighty percent of the rate set forth in the latest edition of the "Compilation of Nationally Averaged Rental Rates for Construction Equipment" of the Associated Equipment Distributors unless the rates proposed in excess of eighty percent are supported by proof satisfactory to the Owner that the excess rates are reasonable. If the equipment is owned by the Contractor the costs shall be charged at a maximum of eighty percent of market monthly rental rates for the amount of time used. If applicable, transportation costs may be included. The decision of the Owner shall be final, binding and conclusive on all parties. Rental rates shall be payable only for the actual time the equipment is required on the Site.

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