Supplier Rebates Clause Samples
The Supplier Rebates clause defines the terms under which a supplier provides financial incentives or refunds to the buyer based on certain purchasing thresholds or performance metrics. Typically, this clause outlines the conditions that must be met for rebates to be earned, such as achieving a minimum order volume or meeting specific sales targets within a set period. By establishing clear criteria and processes for rebate calculation and payment, this clause incentivizes higher purchasing volumes and helps both parties manage costs and expectations effectively.
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Supplier Rebates. Any vendor or supplier rebates due to Seller Group in transit, in hand or on deposit based upon purchases made by Seller Group on or before the Closing Date.
Supplier Rebates. All rebates from suppliers or similar payments earned by the Seller and the Seller Subsidiaries prior to the Closing Date;
Supplier Rebates. Borrowers shall promptly notify Agents of any material reduction in, or change in the timing of the payment of, any material Supplier Rebate.
Supplier Rebates. All rights to vendor rebates and credits relating to periods before or after the Closing; provided, however, that such rights shall not include any rights to rebates or credits relating to (A) defective products or inventory for which Seller has, prior to the Closing (i) submitted a written claim, (ii) returned such defective product or inventory and (iii) recorded a receivable on Seller’s financial records or (B) any fully accrued Cisco VIP.12 rebates have been properly realized by Seller prior to the Closing Date.
Supplier Rebates. All rebates from suppliers or similar payments earned by or with respect to the Business.
Supplier Rebates. Borrowers shall promptly notify Agents within 45 days of the end of each Fiscal Year (or if earlier, promptly upon the Borrowers’ chief financial officer or treasurer obtaining actual knowledge thereof) of any material net annual reduction (versus the projections for such annual period) in any Supplier Rebates in an aggregate amount in excess of $10,000,000.
Supplier Rebates. All rights to vendor rebates and credits relating to periods before or after the Closing; provided, however, that such rights shall not include any rights to rebates or credits relating to (A) defective products or inventory for which Seller has, prior to the Closing (i) submitted a written claim, (ii) returned such defective product or inventory and (iii) recorded a receivable on Seller’s financial records or (B) vendor marketing or quota rebates earned by or accrued to Seller prior to the Closing.
Supplier Rebates. All rights to all vendor rebates and credits relating to periods before or after the Closing; provided, however, that such rights shall not include any rights to rebates or credits relating to (A) defective products or inventory for which Seller has, prior to the Closing (i) submitted a written claim, (ii) returned such defective product or inventory and (iii) recorded a receivable on Seller’s financial records or (B) any fully accrued Dell, Microsoft, Apple, HP and Cisco rebates that have been properly accounted for by Seller prior to the Closing Date.