Common use of Rebates, Credits and Refunds Clause in Contracts

Rebates, Credits and Refunds. The HSP: (i) acknowledges that all HST and other rebates, credits and refunds it anticipates receiving from the use of the Funding have been incorporated in its Budget; (ii) agrees that it will advise the LHIN if it receives any unanticipated HST and other rebates, credits and refunds from the use of the Funding, or from the use of funding received from either the LHIN or the MOHLTC in years prior to this Agreement that was not recorded in the year of the related expenditure; (iii) agrees that all HST and other rebates, credits and refunds referred to in (ii) will be considered Funding in the year that the rebates are received, regardless of the year to which the rebated relates.

Appears in 18 contracts

Samples: Service Accountability Agreement, Service Accountability Agreement, Service Accountability Agreement

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