Credited Amount definition
Examples of Credited Amount in a sentence
The amount of any accrued dividends, interest and other distributions with respect to assets associated with such Covered Transaction may be set off against the Credited Amount.
This right of cancellation continues until three days after you have submitted the transaction, or until we have completed the contract by paying the Credited Amount to the Recipient, whichever is the earlier.
Notwithstanding the foregoing, the Credited Amount shall be Five Hundred Thousand Dollars ($500,000); provided that, Seller shall have received the 2014 Extension Payment by no later than the fifteenth (15th) day after the date of this Agreement.
Fujitsu will repay the then remaining Credited Amount with no interest by the later of (i) December 31, 2007, or (ii) six (6) months from such termination.
Within ten business (10) days after the end of each month, Fujitsu will deliver to Lattice a written report describing (a) the then outstanding balance of the Credited Amount (after application of all prior offsets, reductions, and credits), and (b) the number of 300mm Wafers shipped to Lattice and 300mm Wafers returned to Fujitsu by Lattice for credit during such calendar month, and the Price for each such 300mm Wafer.
The Credited Amount will not be reduced by the Price of such free 300mm Wafers.
The then current Price for all purchases by Lattice of 300mm Wafers will be offset cumulatively against the Credited Amount until the aggregate dollar value of the Price for all 300mm Wafers purchased by Lattice equals the amount of the Credited Amount.
The Credited Amount shall be deducted from the balance due as of May 18, 2011, of $769,414.00.
As a consideration for Lattice’s payment of the Advance Payment, Fujitsu will provide Lattice with * free 300mm Wafers whenever the aggregated amount of the 300mm Wafers shipped by Fujitsu reaches every * 300mm Wafers while the Credited Amount exists, provided that, all the 300mm Wafers for which free 300mm Wafers will be provided are paid for by offsetting the Price thereof against the Credited Amount.
The unpaid balance of the Liabilities as of February 27, 2002 is USD 4,223,591.00 (Four Million Two Hundred Twenty-Three Thousand Five Hundred Ninety-One and 00/100 U.S. Dollars), after setoff of Speizman’s credit against Lonati in the amount of the Credited Amount (as defined above).