Rebates and Refunds Sample Clauses

The Rebates and Refunds clause outlines the conditions under which a party is entitled to receive a partial return of payment or a full refund. Typically, this clause specifies the circumstances that trigger a rebate or refund, such as overpayment, product returns, or service cancellations, and details the process for requesting and issuing these payments. Its core function is to provide clear guidelines for financial adjustments, ensuring fairness and transparency in transactions and reducing disputes over returned funds.
Rebates and Refunds. The Company is not entitled to any rebates or refunds from the Transferor or the Failed Bank from any pre-computed interest Loan regardless of when the Note matures. Further, on pre-computed interest Loans, neither the Transferor nor the Failed Bank will refund any unearned discount amounts to the Company.
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Rebates and Refunds. Buyer is not entitled to any rebates or refunds from Seller from any pre-computed interest Loan regardless of when the Note matures. Further, on pre- computed interest Loans, Seller will not refund any unearned discount amounts to Buyer.
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Rebates and Refunds. The Company is not entitled to any rebates or refunds from the Initial Member or the Failed Thrift from any pre-computed interest Loan regardless of when the Note matures. Further, on pre-computed interest Loans, neither the Initial Member nor the Failed Thrift will refund any unearned discount amounts to the Company.
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Rebates and Refunds. Any rebates and/or refunds you may become entitled to shall be paid to you via a US bank account or other financial account, as permitted by applicable laws and regulations. By providing a US bank account number and routing number, or financial account number, you authorize us, or one of the marketing partners or affiliates with whom we transact with, to deposit such rebates or refunds into the accounts you have provided. You are solely responsible for any refunds and/or rebates which may be paid to the wrong account, or in the event that any payments are said to have not arrived, or to have been stolen, so long as the funds were sent to the account which you have provided and instructed us to use by providing such information during the registration process of your account. We strongly recommend that you ensure that you have access to a secure computer network at your expense, in the event that your electronic format of devices is not secure to receive payments on.
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Rebates and Refunds. All cash discounts obtained or otherwise realized on payments made by CMR shall accrue to TFC if, before making the payment, CMR included them in a pay application and received payment from TFC; otherwise, all cash discounts shall accrue to CMR. In no instance may CMR retain as profit or gain, a discount, rebate or refund received as a result of a purchase or Work performed as part of the Project. Deductions allowed for Discounts/Rebates. TFC shall be entitled to deduct amounts for the following items from any Application for Payment or from the Request for Final Payment submitted by the CMR: The fair market value of all tools, surplus materials, construction equipment, and temporary structures that were charged to the Work (other than rental items) but were not consumed during construction or retained by TFC. Upon completion of the Work or when no longer required, CMR shall either credit the TFC for the fair market value (as approved by the TFC) for all surplus tools, construction equipment and materials retained by the CMR or, at TFC’s option, use commercially reasonable efforts to sell the surplus tools, construction equipment and materials for the highest available price and credit the proceeds to the TFC’s account. Discounts earned by the CMR through advance or prompt payments funded by the TFC. The CMR shall obtain all possible trade and time discounts on bills for material furnished, and shall pay bills within the highest discount periods. The CMR shall purchase materials for the Project in quantities that provide the most advantageous prices to the TFC. Rebates, discounts, or commissions obtained by the CMR from material suppliers or Subcontractors, together with all other refunds, returns, or credits received for materials, bond premiums, insurance and sales taxes. Deposits made by TFC and forfeited due to the fault of the CMR. Balances remaining on any Allowances, the CMR’s Contingency, or any other identified Agreement savings.
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Rebates and Refunds. Reduced accommodation fees will not be permitted for late arrivals or early departures, except under the departure terms agreed in regulation 7.4 and 7.5.
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Related to Rebates and Refunds

  • Discounts, Rebates and Refunds § 8.1 Cash discounts obtained on payments made by the Construction Manager shall accrue to the Owner if (1) before making the payment, the Construction Manager included the amount to be paid, less such discount, in an Application for Payment and received payment from the Owner, or (2) the Owner has deposited funds with the Construction Manager with which to make payments; otherwise, cash discounts shall accrue to the Construction Manager. Trade discounts, rebates, refunds, and amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the Construction Manager shall make provisions so that they can be obtained. § 8.2 Amounts that accrue to the Owner in accordance with the provisions of Section 8.1 shall be credited to the Owner as a deduction from the Cost of the Work.

  • Returns and Refunds If you are entitled to a refund for any reason for goods or services obtained with your Card, you agree to accept credits to your Card for such refunds and agree to the refund policy of that merchant. The Issuer or The Pay-O-Matic Corp is not responsible for the delivery, quality, safety, legality or any other aspects of goods or services you purchase from others with a Card. All such disputes must be addressed and handled directly with the merchant from whom those goods or services were provided.

  • Rebates Premium rebates given by the Employment Insurance Commission shall be paid directly to the employees by the Employer.

  • Rebates, Credits and Refunds The HSP: (a) acknowledges that rebates, credits and refunds it anticipates receiving from the use of the Funding have been incorporated in its Budget; (b) agrees that it will advise the Funder if it receives any unanticipated rebates, credits and refunds from the use of the Funding, or from the use of funding received from either the Funder or the Ministry in years prior to this Agreement that was not recorded in the year of the related expenditure; and (c) agrees that all rebates, credits and refunds referred to in (b) will be considered Funding in the year that the rebates, credits and refunds are received, regardless of the year to which the rebates, credits and refunds relate.

  • Refunds If Agent or a Lender determines, in its sole discretion, that it has received a refund of any Indemnified Taxes to which the Loan Parties have paid additional amounts pursuant to this Section 16, so long as no Default or Event of Default has occurred and is continuing, it shall pay over such refund to the Administrative Borrower on behalf of the Loan Parties (but only to the extent of payments made, or additional amounts paid, by the Loan Parties under this Section 16 with respect to Indemnified Taxes giving rise to such a refund), net of all out-of-pocket expenses of Agent or such Lender and without interest (other than any interest paid by the applicable Governmental Authority with respect to such a refund); provided, that the Loan Parties, upon the request of Agent or such Lender, agrees to repay the amount paid over to the Loan Parties (plus any penalties, interest or other charges, imposed by the applicable Governmental Authority, other than such penalties, interest or other charges imposed as a result of the willful misconduct or gross negligence of Agent or Lender hereunder as finally determined by a court of competent jurisdiction) to Agent or such Lender in the event Agent or such Lender is required to repay such refund to such Governmental Authority. Notwithstanding anything in this Agreement to the contrary, this Section 16 shall not be construed to require Agent or any Lender to make available its tax returns (or any other information which it deems confidential) to Loan Parties or any other Person or require Agent or any Lender to pay any amount to an indemnifying party pursuant to Section 16.4, the payment of which would place Agent or such Lender (or their Affiliates) in a less favorable net after-Tax position than such Person would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid.