Exchange credit definition
Exchange credit means a singular allotment of value assigned by the department for the removal of an approved eligible advertising device that can be transferred or redeemed by its owner in exchange for future qualification of an electronic advertising device permit.
Exchange credit means a singular allotment of value assigned by the
Exchange credit means, at any given point in time, the sum of: (I) net proceeds from the Purchase Price, including any indebtedness assumed or taken subject to by the purchasing party, less closing costs with regard to the sale of the Relinquished Property and repayment of debt secured by the Relinquished Property and all related obligations thereto, plus (ii) the amount of interest, if any, which has then accrued to Escrow Holder with respect to the Escrow Account. [NUOINTL\AGR:CAK.EXC]
Examples of Exchange credit in a sentence
Exchange credit is only issued for accounts in good standing and if the rental period is uninterrupted.
Exchange credit will be given for the amount already paid on principal and maintenance care less transfer fee, penalties and other charges and fees imposed and/or imposable against the BUYER.
Client may transmit only PPD (Prearranged Payments and Deposits), CCD (Corporate Credit or Debit) or CTX (Corporate Trade Exchange) credit or debit Entries to Bank to the location(s) and in compliance with the formatting and other requirements set forth in the Rules and the Supporting Documents.