Net Purchase definition

Net Purchase means the purchase of goods and/or services made by you or your authorized user(s) through the use of your Rewards Credit Card Account, plus or minus any adjustments made to your Rewards Credit Card Account in respect of those purchases. Net Purchases do not include, and you will not earn any Points in respect of, interest charges; cash advance and balance transfer transactions (including access cheques and deposits to a bank account); balance(s) permissibly transferred between MBNA credit card accounts or accounts of MBNA affiliates; cash advances re- designated as purchases; the purchase of cash equivalents, including foreign currency, traveller’s cheques, money orders, wire transfers, person-to-person money transfers, bets, lottery tickets or casino gaming chips; unauthorized charges (including those made with a lost, stolen, cancelled or fraudulent Rewards Credit Card Account); credit insurance premiums; over-the-credit-limit fees; and other fees and charges assessed on your Rewards Credit Card Account;
Net Purchase means the full amount charged to a Credit Card Account for a purchase of goods and/or services made by a Cardholder, including taxes, less any credits.
Net Purchase refers to Purchases charged to the Account, minus returns, interest, fees and adjustments.

Examples of Net Purchase in a sentence

  • The Commission has verified the Net Purchase, Variable Cost, Fixed Charge and the Power Purchase Cost from the relevant bills/invoices received for all purchasing sources.

  • Type Please ( ) NRE CURRENT SAVINGS NROCheque / DD / UTR No. & DateAmount of Cheque / DD / RTGS / NEFT in figures (`)Net Purchase AmountDrawn on Bank / BranchPay-In Bank A/c No. (For Cheque Only) 25 Mar 2021TRANSACTION CHARGES (Refer Instruction No. 11 of the KIM) :In case, the additional purchase amount is `10,000 or above and distributor has opted to receive transaction charges, `100/- will be deducted from the Purchase amount and paid to the distributor.

  • In this case the Lead Authority takes on the majority of responsibilities during tendering, though allowing input from other participating authorities when drawing up tender documents.

  • The “Standard Revenue Split for Purchases,” paid by Google to Rightsholders, through the Registry, is seventy percent (70%) of Net Purchase Revenues.

  • In all cases, Net Purchase Revenues and Net Advertising Revenues shall not include sales or other government charges or taxes.


More Definitions of Net Purchase

Net Purchase means the dollar value of goods and services purchased with a Card, less any credits, returns or other adjustments reflected on the Card billing statement;
Net Purchase means that the points earned are calculated based on purchases charged to the account, minus returns; interest, fees and adjustments are also excluded.
Net Purchase means the full amount charged to an Account for a purchase of goods and/or services made by a Cardholder, excluding: (i) Cash Advances, (ii) interest charges; (iii) fees; (iv) adjustments, and; (v) for the RBC Visa Cash Back and the RBC Business Cash Back Mastercard accounts only, any amount charged once the maximum Cash Back Credit earned during an Annual Period has been reached, in accordance with these Terms.
Net Purchase. Cash Back redemptions will be automatically deposited into your Team One Credit Union account at the beginning of every quarter (January 1st, April 1st, July 1st and October 1st)
Net Purchase. PAYMENTS The sum of all Purchase Payments, reduced proportionately on the date of each partial withdrawal by the percentage at which the Contract Value is reduced by each such withdrawal (including any charges applicable to the withdrawal).
Net Purchase means purchases of the applicable products by Retailer expressed in dollars and net of all returns, rebates, allowances, and all credits and adjustments issued during the applicable period. The GCR will be calculated according to the intervals and timeframe listed in Section 4. This calculation shall exclude any [*], [*], and [*], as priced in Exhibit 1 and listed in Exhibit 3.
Net Purchase means that the cashback is calculated based on purchases charged to the account, minus returns; interest, fees and adjustments are also excluded.