Rebate Calculation Sample Clauses

Rebate Calculation. The Board will receive 100% of all earned Rebates. The Board shall have the right, at its expense, at reasonable times and upon reasonable notice, to review and audit the books and records of Contractor pertaining to such Rebates; provided, however, that Contractor shall not be obligated to disclose any documents or information that would cause Contractor to violate any laws, any contractual obligations of confidentiality, or other legally binding obligations.
AutoNDA by SimpleDocs
Rebate Calculation. In the event one or more qualifying Partial Interrupted Service events occur during a specified Reporting Period, the following provisions shall apply:
Rebate Calculation. Service Provider's Blended Rate shall be equal to the ------------------ weighted average of the Standard Rate for Satellite Minutes during the applicable period. The "applicable period" shall mean the period between the billing cycle immediately following Service Provider's Satellite Minutes exceeding the prior price breakpoint and the billing cycle immediately following Service Provider's Satellite Minutes exceeding the current price breakpoint. Service Provider shall, within thirty (30) days of a written request therefor, reimburse INA for the full amount of any rebate credited hereunder which should not have been credited to Service Provider as the result of any re-calculation, for any reason, of the total amount of Service Provider's Satellite Minutes. INA shall apply a rebate or reimbursement of a rebate to Service Provider's invoice for the billing cycle following of the close of the billing cycle in which the commitment is exceeded or the recalculation is made.
Rebate Calculation. 4.1 Xxxxx Xxxxxxx represents and warrants that Rebates will be accepted by Xxxxx Xxxxxxx on the condition that it will be passed on to the relevant Investors. 4.2 The Product Issuer may give Xxxxx Xxxxxxx notice to vary the rate of any Rebate, or to remove a Rebate, from time to time, but such variation or removal will only become effective from the next Rebate Period. 4.3 Xxxxx Xxxxxxx shall calculate the total Rebates payable by the Product Issuer for a Rebate Period and notify the Product Issuer of the total amount payable by issuing a statement to pay. 4.4 The Product Issuer will deposit the Rebates payable to the account designated in section 3 of this form. 4.5 If the amount deposited by the Product Issuer is different from the amount indicated on the statement to pay under clause 4.3, the Product Issuer must provide a statement to Xxxxx Xxxxxxx showing the amount deposited, within 30 days of making the deposit. Xxxxx Xxxxxxx will accept the Product Issuer’s statement as an accurate representation of the amount of Rebates payable to Investors, and has absolute discretion to return any funds to the Product Issuer. 4.6 For each Investor, Rebates payable by the Product Issuer for each Rebate Period is calculated as follows: R
Rebate Calculation. 3.1 Where a Rebate is payable the level of the Rebate shall be calculated as follows: (i) if the Individual Claim Standard is not met the Rebate due will be 50% of the Individual Claim Cost; (ii) if the Individual Claim Standard plus 8 Service Hours is not met the Rebate due will be 75% of the Individual Claim Cost; (iii) if the Individual Claim Standard plus 16 Service Hours is not met the Rebate due will be 100% of the Individual Claim Cost.
Rebate Calculation. Section 4 is amended to add the following: ------------------

Related to Rebate Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.

  • Proration of calculations If less than total program funding is subject to interest calculation procedures, the resulting interest liability calculations shall be prorated to 100% of program funding.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Sentencing Guidelines Calculations Defendant understands that in imposing sentence the Court will be guided by the United States Sentencing Guidelines. Defendant understands that the Sentencing Guidelines are advisory, not mandatory, but that the Court must consider the Guidelines in determining a reasonable sentence.

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Calculation Any figure or percentage referred to in this Agreement shall be carried to seven decimal places.

  • Subsequent Recalculation In the event the Internal Revenue Service adjusts the computation of the Company under Section 5.2 herein so that the Executive did not receive the greatest net benefit, the Company shall reimburse the Executive for the full amount necessary to make the Executive whole, plus a market rate of interest, as determined by the Committee, within 30 days after such adjustment.

  • Pro Forma Calculations (a) Notwithstanding anything to the contrary herein, the Secured Leverage Ratio and the Total Leverage Ratio shall be calculated in the manner prescribed by this Section. (b) In the event that the Parent Borrower or any Restricted Subsidiary incurs, assumes, guarantees, redeems, repays, retires or extinguishes any Indebtedness included in the definitions of Consolidated Secured Debt or Consolidated Total Debt, as the case may be (in each case, other than Indebtedness incurred or repaid under any revolving credit facility in the ordinary course of business for working capital purposes), subsequent to the end of the Test Period for which the Secured Leverage Ratio and the Total Leverage Ratio, as the case may be, is being calculated but prior to or simultaneously with the event for which the calculation of any such ratio is made, then the Secured Leverage Ratio and the Total Leverage Ratio shall be calculated giving pro forma effect to such incurrence, assumption, guarantee, redemption, repayment, retirement or extinguishment of Indebtedness, as if the same had occurred on the last day of the applicable Test Period. (c) For purposes of calculating the Secured Leverage Ratio and the Total Leverage Ratio, Specified Transactions that have been made by the Parent Borrower or any of its Restricted Subsidiaries during the applicable Test Period or subsequent to such Test Period and prior to or simultaneously with the event for which the calculation of any such ratio is made shall be calculated on a pro forma basis assuming that all such Specified Transactions (and the change in Consolidated EBITDA resulting therefrom) had occurred on the first day of the applicable Test Period. If since the beginning of any such Test Period any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into the Parent Borrower or any of its Restricted Subsidiaries since the beginning of such Test Period shall have made any Specified Transaction that would have required adjustment pursuant to this Section, then the Secured Leverage Ratio and the Total Leverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Specified Transaction occurred at the beginning of the applicable Test Period. (d) Notwithstanding the foregoing, when calculating the Secured Leverage Ratio and Total Leverage Ratio for purposes of determining compliance with Section 7.14 at the end of a Test Period (excluding determinations of compliance with such Section on a pro forma basis pursuant to Sections 2.05(b)(ii), 2.14, 6.14 and 7.04), the definition of “Applicable Rate” and Sections 2.05(b)(i) and 2.05(b)(ii), the events described in Sections 1.10(b) and 1.10(c) above that occurred subsequent to the end of the Test Period shall not be given pro forma effect. (e) Whenever pro forma effect is to be given to a Specified Transaction (other than the Transactions), the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Parent Borrower (and may include, for the avoidance of doubt, cost savings, operating expense reductions and synergies resulting from such Specified Transaction (other than the Transactions) which is being given pro forma effect that have been or are expected to be realized and shall be certified in an officers’ certificate by such responsible financial or accounting officer delivered to the Administrative Agent); provided that (A) such amounts are reasonably identifiable and factually supportable, (B) actions to realize such amounts are taken within 12 months after the date of such Specified Transaction, (C) no amounts shall be added pursuant to this clause to the extent duplicative of any amounts that are otherwise added back in computing Consolidated EBITDA with respect to such period. Notwithstanding the foregoing, calculations of the Total Leverage Ratio for purposes of the definition of “Applicable Rate” and Section 2.05(b)(i) and 2.05(b)(ii) shall not include any cost savings, operating expense reductions or synergies that have not been actually realized.

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