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
In the case of the Master Servicer, upon the issuance of a Credit Memo relating to a specific Receivable, the amount of such Credit Memo is applied against such Receivable, and the Unpaid Balance of such Receivable is aged in accordance with the original due date of such Receivable.
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. A document evidencing Seller’s reimbursement amount to Buyer. Credit Memos should reference specific Invoices.
Credit Memo means a certificate, card, stored value card, or similar instrument issued in exchange for returned merchandise when the certificate, card, or similar instrument is redeemable for merchan- dise, food, or services regardless of whether any cash may be paid to the owner of the certificate, card, or instrument as part of the redemption transaction.
Credit Memo means a credit to the account of an Obligor. “Currency” means Dollars or Canadian Dollars, as applicable.