Credit Memo definition

Credit Memo means a credit to the account of an Obligor.
Credit Memo means the form reflecting a credit, other than a credit arising from a payment, to a Customer's Account.
Credit Memo means any credit, discount or allowance issued to cancel an invoice, cancel and replace an invoice, record a return, credit a customer for defective merchandise, adjust for new sales policy changes, credit a customer for goods and services taxes, provide a trade show credit or allow for other miscellaneous adjustments, in each case in the ordinary course of business of Servicer.

Examples of Credit Memo in a sentence

  • For any credit, you will (a) provide a “Credit Memo” in a form acceptable to us briefly identifying the facts and send a true completed copy to the Customer, (b) send us or the Aggregator a copy of the Credit Memo when you next present any Transaction, (c) indemnify us against all liability, loss, claims and demands arising in connection with the adjustments and copies of Credit Memos and Transaction data given to Customers which differ from the originals.

  • You will not (a) refuse to exchange, return or adjust for a Transaction if such exchange, return or adjustment is permitted for a cash sale, (b) make cash refunds for any Transactions, (c) issue any Credit Memo with respect to goods or services paid for by cash with respect to which an adjustment is allowed.

  • ACM IssuanceIn the event that Agency Debit Memos have been discovered as unjustified, an Agency Credit Memo will be issued to credit the respective amount.

  • Credit memoranda submitted to MD Anderson must include the Invoice Requirements set out in Section 3.1 of this Rider 116, as well as the following:▪ The phrase “Credit Memo” in clear and apparent text.▪ A uniquely assigned Credit Memo number.▪ A description of the goods or services credited.▪ A valid Purchase Order Number against which MD Anderson may credit the Credit Memo amount.

  • These charges will be raised by ADM for IATA Agents and invoiced to non-IATA Agents.On the other hand, an Agency Credit Memo (ACM) may also apply in cases such as e.g. erroneous over-collection in ticketed fare, wrong fare calculation or fare re-calculation when in favour of the customer eligible for refund.


More Definitions of Credit Memo

Credit Memo means any credit memo relating to (a) the North American Aftermarket obsolescence, (b) the North American Aftermarket stock lifts, (d) the North American Aftermarket core deposits, (e) the North American Aftermarket billing adjustments, (f) the North American Aftermarket customer accommodation returns, (g) the North American Aftermarket other and (h)
Credit Memo shall have the meaning set forth in paragraph 2(e).
Credit Memo means a refund of monies to the Agent based on overpayment to WestJet.
Credit Memo means a memorandum issued by Parent for each month to DFAS reconciling, with respect to Parent's accounts payable, actual fuel costs to estimated fuel costs for such month.
Credit Memo means a document submitted by Pep Boys into the GMAC CF/PrimeRevenue System that reflects any claims of Company related to the provision of goods and services by Supplier to Company, such as claims related to shipment, delivery, damage, defect, performance, failure to meet specifications, or failure to meet expressed or implied warranties.
Credit Memo means the entire amount which is determined as uncollectible account receivables, including but not limited to the invoiced amount of returned goods, any discount taken for any reason whatsoever, price adjustments, allowances, chargebacks, xxxx-xxxxx, or, any other miscellaneous charges. The calculation of the twenty-four percent Gross Product Profit threshold shall be done by Samsung, in its sole discretion in accordance with Samsung’s accounting policies and procedures, on a cumulative monthly running average basis for the calendar year. (For the avoidance of doubt, for example: If starting in January, at the end of January, Samsung will determine whether the Gross Product Profit is equal to or greater than 24%; at the end of February, Samsung will determine whether the average Gross Product Profit for January and February is equal to or greater than 24%; at the end of March, Samsung will determine whether the average Gross Product Profit for January, February, & March is equal to or greater than 24%, and so on.)
Credit Memo means a notation on the Initial Collection Agent's records reflecting an event referred to in the definition of "Dilution".