Credit Memorandum definition

Credit Memorandum or "Credit Memo" means a transaction posted to a customer account which reduced the account balance and is related to a previously posted invoice or charge, correcting and reducing the amount originally charged.¶
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Credit Memorandum shall have the meaning set forth in Section 5.4 hereto.
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Credit Memorandum shall have the meaning set forth in Section 2.1.1.
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Examples of Credit Memorandum in a sentence

  • Customer will not be permitted to assign this Leasing Credit Memorandum without the prior written consent of Boeing.

  • Each charge slip and Credit Memorandum and any charge slip or Credit Memorandum information transmitted to the Bank by the Company will be complete and accurate and in a form deemed necessary by the Bank to allow Cardholder billing in accordance with applicable law.

  • As an additional consideration and incentive for entering into a lease for the Aircraft and [*] prior to delivery of each such Aircraft or [*], Boeing will issue to Customer a leasing credit memorandum (Leasing Credit Memorandum) in an amount shown in the table immediately below for the respective Aircraft or [*] minor model and [*].

  • Boeing will issue to Customer a basic credit memorandum (Basic Credit Memorandum) at delivery of each Aircraft or [*] in an amount shown in the table immediately below for the respective minor model [*].

  • For Eligible Aircraft delivering after the calendar year 1998, the amount of the Credit Memorandum will be the amount calculated pursuant to paragraph 2.2 above through December 1998.

  • The Company shall obtain and maintain at its own expense such point of sale and authorization terminals, credit card imprinters and other items of equipment as are necessary for it to receive authorizations, transmit charge slip and Credit Memorandum information, process credit applications and perform its obligations under this Agreement.

  • At the time of delivery of each Eligible Aircraft delivering in 1997, Boeing will issue to Buyer a credit memorandum (the 1997 Credit Memorandum) which shall be applied to the Purchase Price of such Aircraft.

  • The Company shall retain any such Credit Memorandum in the same manner and for the same time as the charge slip referred to in Section 3.3 and shall promptly deliver any such Credit Memorandum to the Bank upon its request.

  • In addition to any equitable relief that may be available to Boeing in the event of a breach of this clause, Boeing may rescind the Launch Customer Credit Memorandum contained in paragraph 4 above, in the event of any unauthorized disclosure by Customer.

  • Under no circumstances will Customer be permitted to assign this Leasing Credit Memorandum.

Related to Credit Memorandum

  • Funds Flow Memorandum means the memorandum setting forth the flow of funds at closing and the funding of the Term A Loans and Term B Loans, as approved by the Administrative Agent, and a related letter of direction.

  • Handover Memorandum shall have the meaning set forth in Clause 8.2;

  • Information Memorandum means the Confidential Information Memorandum dated March, 2011 relating to the Borrower and the Transactions.

  • the Memorandum means the Memorandum of Association of the Academy Trust;

  • Closing Memorandum means the form of closing memorandum to be prepared by Apple for the Closing under this Agreement in which are included the forms of certificates of officers, the opinions of counsel and certain other documents to be delivered at the Closing as provided in Article VII.