Factory Returns definition

Factory Returns means pianos bearing the Steinway, Steinway and Sons, Essex or Boston name brands that have been returned to Steinway and are in near-new, good and merchantable condition.
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Factory Returns means the number of units, within a product family, returned for out-of-Specification performance prior to the said units being delivered to Nortel customers, excluding Other Returns and NFF;
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Examples of Factory Returns in a sentence

  • Factory Returns: pianos bearing the Steinway, Steinway & Sons, Essex or Boston name brands that have been returned to Steinway and are in near-new, good and merchantable condition.

  • Whether Manufacturer elects to repair or replace defective product, the Manufacturer shall comply with the RMA unit cycle-time requirements delineated in Article 10 (Factory Returns) above.

  • Because of its on-going importance in the conduct of business under this MMSSA, the subject of Factory Returns, also called and known as “RMA Process and Procedures.” is made the subject of a separate Appendix to this Agreement (Appendix C), incorporated by reference as if fully set out herein.

  • Essex Pianos: pianos designed by Steinway, manufactured by an OEM and marketed under the Essex piano line all of which are finished goods or Factory Returns.

Related to Factory Returns

  • Joint Return means any Return of a member of the Parent Group or the SpinCo Group that is not a Separate Return.

  • Income Tax Returns means all Tax Returns relating to Income Taxes.

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

  • Current Return means the minimum fair combined rate of return on common equity required for

  • Income Taxes means any Tax which is based upon, measured by, or calculated with respect to (i) net income or profits (including, but not limited to, any capital gains, gross receipts, value added or minimum Tax) or (ii) multiple bases (including, but not limited to, corporate franchise, doing business or occupation Taxes) if one or more of the bases upon which such Tax may be based, by which it may be measured, or with respect to which it may be calculated is described in clause (i) of this sentence.

  • Tax Returns The federal income tax return on Internal Revenue Service Form 1066, U.S. Real Estate Mortgage Investment Conduit Income Tax Return, including Schedule Q thereto, Quarterly Notice to Residual Interest Holders of the REMIC Taxable Income or Net Loss Allocation, or any successor forms, to be filed by the Trustee on behalf of each REMIC, together with any and all other information reports or returns that may be required to be furnished to the Certificateholders or filed with the Internal Revenue Service or any other governmental taxing authority under any applicable provisions of federal, state or local tax laws.

  • Separate Return means (a) in the case of any Tax Return of any member of the SpinCo Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the Parent Group and (b) in the case of any Tax Return of any member of the Parent Group (including any consolidated, combined or unitary return), any such Tax Return that does not include any member of the SpinCo Group.

  • Income Tax Return means any Tax Return relating to Income Taxes.

  • Company Returns is defined in Section 3.15(a) of the Agreement.

  • Combined Return means any Tax Return (other than for Federal Income Taxes) filed on a consolidated, combined (including nexus combination, worldwide combination, domestic combination, line of business combination or any other form of combination), unitary or Group Relief basis that includes activities of members of the ESG Group or the KBR Group, or both, as the case may be.

  • Returns means the amounts yielded by an investment and in particular, though not exclusively, includes profit, interest, capital gains, dividends, royalties and fees;

  • Consolidated Return means a Tax Return filed with respect to Federal Income Taxes for the Consolidated Group.

  • SpinCo Separate Return means any Tax Return of or including any member of the SpinCo Group (including any consolidated, combined, or unitary return) that does not include any member of the Parent Group.

  • Connection Income Taxes means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes.

  • Tax Liabilities means all liabilities for Taxes.

  • Tax Return means any return, declaration, report, claim for refund, or information return or statement relating to Taxes, including any schedule or attachment thereto, and including any amendment thereof.

  • Tax Authorities means Hong Kong or foreign tax, revenue or monetary authorities.

  • Preferred Return has the meaning specified in the Prior LLC Agreement.

  • Tax Group means any federal, state, local or foreign consolidated, affiliated, combined, unitary or other similar group of which the Acquiror Company is now or was formerly a member.

  • Tax Liability means the total taxes due to a municipal corporation for the taxable year, after allowing any credit to which the taxpayer is entitled, and after applying any estimated tax payment, withholding payment, or credit from another taxable year.

  • Non-Income Tax Return means any Tax Return relating to any Tax other than an Income Tax.

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Pre-Closing Tax Returns is defined in Section 6.7(b)(iii).