Payment of Rebate. 10.7.1 In case the Long Term Transmission Customer pays to the TSP through any mode of payment in respect of a Monthly Transmission Charge Invoice or Supplementary Xxxx, the following shall apply:
a. For payment of Invoices through any mode of payment, a Rebate of 2% shall be allowed on the Monthly Transmission Charge Invoice or Supplementary Xxxx for payments made in full within one Business Day of the receipt of the Invoice; or
b. For payment of Invoices subsequently, but within the Due Date, a Rebate of 1% shall be allowed on the payments made in full.
c. Applicable rate of Rebate at (a) and (b) above shall be based on the date on which the payment has been actually credited to the TSP‟s account. Any delay in transfer of money to the TSP‟s account, on account of a statutory holiday, public holiday, or any other reasons shall be to the account of the Long Term Transmission Customers.
d. No Rebate shall be payable on the bills raised on account of Change in Law relating to taxes, duties and cess; Provided that if any Long Term Transmission Customer fails to pay a Monthly Transmission Charge Invoice/ Supplementary Xxxx or part thereof within and including the Due Date, the TSP shall recover such amount as per provisions of Article 10.11.1(f).
Payment of Rebate. Payment of rebate by KYPERC is subject to the terms and conditions of this Agreement. Completed and approved Applications should have a rebate check issued within 90 days after the Application is received at the KYPERC office, subject to Available Funds. No Applicant has a legal right or other entitlement to receive rebates under the Program or this Agreement. A completed Application does not bind KYPERC to approve or pay a rebate to any applicant.
Payment of Rebate. The applicable rebate of the Termination Fee shall become payable to Customer upon execution of a new exclusive agreement for Initial Services by and between Customer and Metavante within six (6) months following the Effective Date of Termination (the “New Agreement”). The terms of such New Agreement shall be as mutually agreed by the parties and nothing herein shall obligate Metavante or Customer to accept any terms or conditions, whether or not previously acceptable to either of them. The rebate may be paid to Customer by Metavante, in its sale discretion, in the form of a discount to fees payable by Customer under the New Agreement or as a credit against implementation, conversion, training, or professional services fees payable by Customer, or in such other manner as Metavante shall decide.
Payment of Rebate. The Charterers (as sellers under the MOA) shall pay to the Owners (as buyers under the MOA) accrued Rebate over each Instalment on the last day of each Rebate Period (each a “Rebate Payment Date”).
Payment of Rebate. (i) No earlier than 60 days, or later than 35 days, before each Rebate Installment Date, the Trustee shall notify the Authority by registered or certified mail, postage prepaid, or by Electronic Means, of its obligation to furnish the following with respect to each Series of Tax-Exempt Bonds which is a separate series for federal income tax purposes not later than 15 days prior to the applicable Rebate Installment Date: (w) a copy of Form 8038-T, if any rebate amount is owed to the federal government, (x) a statement of the amount due on the Rebate Installment Date, if any, (y) a certificate as to the accuracy of such determination of a certified public accountant (who may be an employee of the Authority) or a firm of accountants or other professionals, in each case having expertise in calculating the amount required to be paid pursuant to section 148(f) of the Code (each, a "Rebate Professional") and (z) if the amount held in the applicable Account of the Rebate Fund is less than the amount so determined, an amount in cash or funds available on such day equal to the difference. The Authority shall notify promptly the Trustee of each date which it selects as a Rebate Installment Date. Upon receipt of the foregoing, the Trustee shall make the payment provided for in subsection (c)(ii) below, but if the Trustee shall not have received all of the foregoing on the date due, the Trustee shall pay over to the United States within the period prescribed in subsection (c)(ii) below all of the funds then held in the applicable Account of the Rebate Fund, together with a copy of the applicable Form 8038-T, if available, unless on or before such date, the Authority shall have provided to the Trustee an unqualified opinion of a Rebate Professional stating that no further action by the Authority or the Trustee is necessary for compliance as of such Rebate Installment Date with section 148(±) of the Code.
(ii) On or before each Rebate Installment Date, the Trustee, at the direction of the Authority, shall pay to the United States from amounts on deposit in the applicable Account of the Rebate Fund or, to the extent of a shortfall in the amount on deposit in the applicable Account, from amounts on deposit in the CFC Stabilization Fund, any "yield reduction payments" as aforesaid and/or a rebate amount which is at least 90% of the amount required to be paid pursuant to the provisions of section 148(±) of the Code as calculated by a Rebate Professional on behalf of the Auth...
Payment of Rebate. (1) The Retailer must include in all bills issued from 30 June 2008, all Rebates and Retrospective Rebates.
(2) Despite paragraph (1), the Retailer should use reasonable endeavours to include the Rebate on bills issued before 30 June 2008.
Payment of Rebate. 22.4.1. The Supplier shall pay the Customer the Rebate in respect of the Customer’s Spend in accordance with the Order Form.
22.4.2. The Rebate is exclusive of VAT, which shall be added at the prevailing rate as applicable and paid by the Supplier.
22.4.3. If at any time during this Call Off Contract Period the Supplier increases the Rebate Rate(s) in accordance with the terms of the Framework Agreement, the Supplier shall immediately increase the Rebate Rates(s) applicable under this Call Off Contract by the same amount.
Payment of Rebate. 6.1 Rebates
Payment of Rebate. AMOUNT(S) -------------------------------
(a) The Rebate Amount(s) earned by DISTRIBUTOR will be awarded at MS' option as (i) credits that may be used to offset then-current or future royalties that accrue pursuant to the Agreement (or a successor agreement to the Agreement) or (ii) in the form of a check sent to DISTRIBUTOR in care of the MS Embedded Administrator Contact name and address indicated on the Addresses Schedule to the Agreement. Such amounts shall be credited or paid not later than * days after the end of the Period in which the Rebate Amount was earned. If the Agreement is terminated or expires after completion of a full Period in which a rebate was offered, and no successor agreement is entered into between DISTRIBUTOR and MS, then MS will refund to DISTRIBUTOR the Rebate Amount earned, less deductions for any outstanding amounts or obligations due to MS under the Agreement.
(b) DISTRIBUTOR shall be solely responsible for payment of taxes, duties, fees, excises or tariffs imposed on any discounts, credits or payments made by MS to DISTRIBUTOR pursuant to this Rebate Program, provided however, MS may withhold and pay to tax authorities such amounts as may be required under applicable state or federal law on discounts, credits or payments made by MS to DISTRIBUTOR.
Payment of Rebate. All Property Tax Rebate payments subject to this Agreement shall be paid to Superior or a designated Superior Subsidiary or Affiliate by the City no later than March 31st of the next year following each January 1st assessment date for which the City receives an annual report from Superior. The first payment shall be due March 31, 2017.
