Vendor Credits Sample Clauses

Vendor Credits. If after the Commencement Date for an item of Equipment, Lessee finds such item of Equipment to be inoperable, Lessee will seek recourse solely against the vendor of the Equipment for resolution of any problems concerning performance of the Equipment. If the item of Equipment is replaced by the vendor, Lessee agrees to provide Lessor with the serial number for the replacement equipment within 10 days of replacement. Lessor will not process any invoices associated with the Equipment being returned to vendor or the replacement equipment. Notwithstanding the foregoing, if after the Commencement Date for an item of Equipment, Lessee finds that (i) the vendor has over-charged for an item of Equipment, or (ii) the vendor has shipped an incorrect item of Equipment, upon 30 days prior written notice from Lessee, Lessor agrees to process any credits received from the vendor and apply the credits to the Rent hereunder. The rental adjustment will be effective on Lessor's next billing cycle following the 30 day notice period.
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Vendor Credits. Dealer authorizes CDF to collect Vendor Credits directly from Vendors and, upon request of CDF, shall instruct Vendors to pay CDF directly. Vendor Credits shall be paid and applied in accordance with Section 2.26(i) of the Credit Agreement.
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Vendor Credits. If In The Loop cancels an event, Vendors will receive a Vendor credit of equal value to attend an In The Loop event in the future. Vendors will be required to apply for the future event of their choice to ensure availability in their craft category. Vendors will have 1 year from the event date to redeem their credit. All future events will be listed on In The Loop’s website at xxxxxxxxxxxxxxxxx.xxx. If a Vendor should cancel an event more than one week prior to the event date, they will have 6 months from the event date to redeem their credit. Credits may be used ONE TIME ONLY. If vendor should cancel again, for any reason, their credit will become invalid.
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Vendor Credits. (a) Seller represents that it has certain credit rights known as co-op credits, MDF credits, stock rotation credits, price protection credits and promotional credits, of which an amount not to exceed $60,000 are listed on Schedule 10.3 (collectively, the "Credits," and individually, a "Credit" and relate to a particular "Credit Holdback Vendor"). which Seller has deducted from its accounts payable balances before payment pursuant to Section 4.12. (b) At the Closing, Buyer shall be entitled to a credit on the Closing Statement in an amount equal to the Credits (the "Credit Holdback"); (c) In the event that any Credit Holdback Vendor of Seller listed on Schedule 10.3 (a "Vendor") asserts a claim against Buyer for any unpaid account payable, then Buyer may pay such unpaid account payable amount, after notifying Seller at least seven (7) days prior thereto and granting Seller the opportunity within such seven (7) days the ability to satisfy its obligation to such Credit Holdback Vendor. For the purpose of this paragraph, a claim by a Credit Holdback Vendor need not be a legal proceeding, but must be more than a request for payment. The term "claim" will include any legal proceeding or threat thereof, any credit hold or threat thereof, and any cancellation or other substantial alteration of the business relationship between the Credit Holdback Vendor and the Buyer or threat thereof. Payments by Buyer made under this subsection shall reduce the Credit Holdback. (d) As and when Seller delivers to Buyer credit memos or other proper written evidence that the Credit Holdback Vendor has agreed to the Credit having been applied to the accounts payable balance, as described in Section 10.3(a), then Buyer shall promptly pay the amount of the Credit to Seller, until the Credit Holdback is exhausted. (e) If there is any Credit Holdback remaining on June 1, 1997, then Buyer shall promptly pay such amount to Seller. (f) In no event shall payments by Buyer hereunder be more than the original Credit Holdback.
Sample 1
Vendor Credits. To the extent the Vendor gives credits toward future purchases of goods or services, financial incentives, discounts, value points or other benefits based on the purchase of the materials or services provided for under this Contract, such credits belong to the County and not any specific Using Agency. Vendor shall reflect any such credits on its invoices and in the amounts it invoices the County.
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Related to Vendor Credits

  • Service Credits Employees on pregnancy leave shall be entitled to normal accumulation of service credits for the duration of the pregnancy leave.

  • Service Level Credits If Verint does not meet the Uptime Percentage levels specified below, Customer will be entitled, upon written request, to a service level credit (“Service Level Credit”) to be calculated, with respect to the applicable Hosted Environment, as follows: • If Uptime Percentage is at least 99.95% of the month’s minutes, no Service Level Credits are provided; or • If Uptime Percentage is 99.75% to 99.94% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is 99.50% to 99.74% (inclusive) of the month’s minutes, Customer will be eligible for a credit of 7.5% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint; or • If Uptime Percentage is less than 99.50% of the month’s minutes, Customer will be eligible for a credit of 10.0% of a monthly average fee derived from one-twelfth (1/12th) of the then-current annual fee paid to Verint. Customer shall only be eligible to request Service Level Credits if Customer notifies Verint in writing within thirty (30) days from the end of the month for which Service Level Credits are due. All claims will be verified against Verint’s system records. In the event after such notification Verint determines that Service Level Credits are not due, or that different Service Level Credits are due, Verint shall notify Customer in writing on that finding. With respect to any Services Level credits due under Orders placed directly by Customer on Verint, Service Level Credits will be applied to the next invoice following Customer’s request and Verint’s confirmation of available credits; with respect to any Service Level Credits due for SaaS Services under Orders placed on Verint by a Verint authorized reseller on Customer’s behalf, Service Level Credits will be issued by such reseller following Customer’s request and Verint’s confirmation of available credits and such Services Level Credits may only be used by Customer with respect to subsequent purchases of Verint offerings through that reseller. Service Level Credits shall be Customer’s sole and exclusive remedy in the event of any failure to meet the Service Levels. Verint will only provide records of system availability in response to Customer’s good faith claims.

  • Customer Accounts The Bank agrees to establish and maintain the following accounts (“Accounts”): (a) A custody account in the name of the Customer (“Custody Account”) for any and all stocks, shares, bonds, debentures, notes, mortgages or other obligations for the payment of money, bullion, coin and any certificates, receipts, warrants or other instruments representing rights to receive, purchase or subscribe for the same or evidencing or representing any other rights or interests therein and other similar property whether certificated or uncertificated as may be received by the Bank or its Subcustodian (as defined in Section 3) for the account of the Customer (“Securities”); and (b) A deposit account in the name of the Customer (“Deposit Account”) for any and all cash in any currency received by the Bank or its Subcustodian for the account of the Customer, which cash shall not be subject to withdrawal by draft or check. The Customer warrants its authority to: 1) deposit the cash and Securities (“Assets”) received in the Accounts and 2) give Instructions (as defined in Section 11) concerning the Accounts. The Bank may deliver securities of the same class in place of those deposited in the Custody Account. Upon written agreement between the Bank and the Customer, additional Accounts may be established and separately accounted for as additional Accounts under the terms of this Agreement.

  • Linked Accounts All accounts with the Bank that you enroll in a service will be linked by the tax identification numbers of the persons authorized to access the account. The linked accounts will appear together without regard to the ownership of the accounts. For example, if an authorized user of a linked account accesses the Service, that authorized user will be able to view and access at a single time the following accounts: • the accounts of the business for which that person is an authorized user; • the accounts of any other business for which that person is an authorized user; and • any consumer accounts for which the person is a co-owner or authorized signer.

  • Credits An employee shall earn sick leave credits at the rate of nine decimal three seven five (9.375) hours for each calendar month for which such employee receives pay for at least seventy-five (75) hours.

  • Refunds and Credits Seller shall be entitled to any Tax refunds that are received by Buyer and any amounts credited against Tax to which the Buyer, the Transferred FH Companies or their Closing Subsidiaries become entitled (including as a result of any amended Tax Returns) that relate to the Transferred FH Companies or their Closing Subsidiaries for all Pre-Closing Tax Periods or that are subject to indemnification by Seller pursuant to this Agreement (including, for the avoidance of doubt, refunds or credits in respect of VAT attributable to a Pre-Closing Tax Period), to the extent such refunds or credits were not taken into account in determining Final Net Working Capital and are not attributable to the carryback of a net operating loss of any Transferred FH Company or Closing Subsidiary generated in a Post-Closing Tax Period. Buyer shall transfer, or cause to be transferred, to Seller, within ten (10) days of receipt, the amount of the refund or credit (including interest) received or utilized by Buyer, the Transferred FH Companies or any of their Closing Subsidiaries, or any of their respective Affiliates, net of any reasonable out-of-pocket costs incurred in obtaining such refund or credit and any Taxes borne by Buyer, the Transferred FH Companies or any of their Closing Subsidiaries, or any of their respective Affiliates as a direct result of their receipt of such refund or utilization of any such credit. Buyer shall claim any such refund or to utilize any such credit as soon as reasonably possible upon Seller’s written request. Buyer agrees to furnish to Seller all information, records and assistance reasonably requested by Seller to verify the amount of the refund or credit, provided that Buyer shall not be required to furnish to Seller any consolidated, combined, affiliated or unitary Tax Return that includes Buyer or any Subsidiary or Affiliate of Buyer other than the Transferred FH Companies or any of their Closing Subsidiaries. The amount of economic benefit of any such refunds or credits of the Transferred FH Companies and their Closing Subsidiaries for any Straddle Period shall be equitably apportioned between Seller and Buyer in a manner consistent with Section 7.1 hereof.

  • The Credits 23 SECTION 2.01. Commitments........................................

  • 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.

  • Joint Accounts If any of your accounts accessed under this Agreement are joint accounts, all joint owners, including any authorized users, shall be bound by this Agreement and, alone and together, shall be responsible for all EFT transactions to or from any share and share draft or loan accounts as provided in this Agreement. Each joint account owner, without the consent of any other account owner, may, and is hereby authorized by every other joint account owner, make any transaction permitted under this Agreement. Each joint account owner is authorized to act for the other account owners, and the Credit Union may accept orders and instructions regarding any EFT transaction on any account from any joint account owner.

  • User Accounts End User shall ensure that only Authorized Users can access the Services. User accounts may not be shared among individuals or used to provide access to the Services to individuals who are not the individual associated with the corresponding user account.

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