Net Purchase Volume definition

Net Purchase Volume means the aggregate amount of all purchases charged to an Account; provided that Net Purchase Volume shall not include a) charges that are reversed for whatever reason; b) revolving balances carried on an Account; c) cash advance transactions; d) access check transactions; e) balance transfers; f) fees or finance charges payable on an Account; or g) purchase check transactions.
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Net Purchase Volume means with respect to any Account during the calculation period, the dollar amount of purchases of goods and services (including any applicable sales tax, delivery fees, or other service fees), after deducting the amount of any credits associated with returns of goods and services and similar credits and adjustments (other than payments with respect to such Accounts); provided, however, such Net Purchase Volume shall not include balance transfers, cash advances, convenience checks, fraudulent or unauthorized purchases or credits or any other types of fees and charges that do not represent the purchase of goods and services.
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Net Purchase Volume is defined as Organization’s total purchase Transactions across the entire Card Program less the following: credit chargebacks, credit losses, cash advances, delinquency assessments, fees, and charges or other Transactions determined (in Bank’s sole reasonable discretion) to be unauthorized. Certain Transactions, including but not limited to the following, will be excluded from Organization’s Net Purchase Volume calculation: cash disbursements, cash advances, person-to-person money transfers, a quasi-cash transaction including the purchase of travelers checks, foreign currency, or money orders, truck stop transactions (any transactions at a truck stop other than an ATM at fuel desks), weigh stations, public scales, ports of entry, gambling transactions, utilities, international transactions, warehouse transactions, balance transfers, convenience checks, credit chargebacks, credit losses, annual fees, late payment fees, over-limit fees, insurance charges, card-related service charges, finance charges, fees, unauthorized charges, and Merchant Partner Program (as defined by Mastercard) Transactions.
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Examples of Net Purchase Volume in a sentence

  • Capital One will provide royalties to the Organization or to the Fiscal Sponsor of the Organization as addressed further herein, based on the initial purchase made on each new Account (a "First Purchase Royalty") and/or a transaction contribution based on a percentage of the Net Purchase Volume charged to each Card (an "Ongoing Purchase Contributions").

  • The Card Program Schedule will provide the Rebate earn rates or Rewards points earn rates (by Purchase Category Type) that are applicable to Organization; these earn rates shall be calculated as a multiple of Organization’s total Net Purchase Volume.

  • Bank of America shall pay a 1% (100 basis points) fee per transaction, to the State, based on the Net Purchase Volume of the Participating Entities in Category A per Calculation Period.

  • If qualifying Large Ticket Transactions exceed 5% of the total Net Purchase Volume for both Participating Entity Categories A and B, Bank of America reserves the right to renegotiate the rebate multiplier for qualifying Large Ticket Transactions, as mutually agreed by both parties.

  • Customer shall accrue points based upon total Net Purchase Volume in accordance with the earning structure as outlined in the Operational Instructions.

  • For purposes of this Agreement, “Penetration Threshold” shall mean, for any Program Year, the quotient, expressed as a percentage, of (a) the sum of the Net Purchase Volume of Co-Brand Purchases, the Net Purchase Volume of Private Label Purchases, and, to the extent it can be determined, the Net Purchase Volume of Non-Retailer Purchases through the Retailer Website during such Program Year, divided by (b) Net Sales for such Program Year.

  • The rebate multiplier will be applied to the actual Net Purchase Volume.

  • The applicable rebate multiplier is 160 basis points, paid on $5MM Net Purchase Volume.

  • Bank agrees, however, to give Company at least 30 days’ notice of the date on which any changed rate will apply to new Net Purchase Volume.

  • In addition, Bank of America shall pay, not later than 60 days after the close of each calendar year, a rebate calculated per the following grid: 1) to the State for all Category A entities; and 2) to each qualifying Category B Participating Entity based on its own Net Purchase Volume for the previous calendar year.


More Definitions of Net Purchase Volume

Net Purchase Volume means the aggregate amount of individual new Purchases (other than Reduced Rate Program Transactions) posted to the Account, net of all refunds and credits (such as credits for returned merchandise or disputed billing items).
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Related to Net Purchase Volume

  • Net Purchase Price has the meaning set forth in Section 2.1.

  • VWAP Purchase Share Volume Maximum means a number of shares of Common Stock traded on the Principal Market during normal trading hours on the VWAP Purchase Date equal to: (i) the VWAP Purchase Share Estimate, divided by (ii) the VWAP Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Net Purchases means purchases of goods and services charged to the Account, less refunds and adjustments;

  • Accelerated Purchase Share Volume Maximum means, with respect to an Accelerated Purchase made pursuant to Section 2(b) hereof, a number of shares of Common Stock equal to (i) the number of Purchase Shares specified by the Company in the applicable Accelerated Purchase Notice as the Accelerated Purchase Share Amount to be purchased by the Investor in such Accelerated Purchase, divided by (ii) the Accelerated Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Maximum Purchase Price has the meaning assigned to the term in the Pricing Side Letter.

  • VWAP Purchase Price means the lesser of (i) the Closing Sale Price on the VWAP Purchase Date; or (ii) ninety-seven percent (97%) of volume weighted average price for the Common Stock traded on the Principal Market during normal trading hours on (A) the VWAP Purchase Date if the aggregate shares traded on the Principal Market on the VWAP Purchase Date have not exceeded the VWAP Purchase Share Volume Maximum and the Sale Price of Common Stock has not fallen below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction), or (B) the portion of the VWAP Purchase Date until such time as the sooner to occur of (1) the time at which the aggregate shares traded on the Principal Market has exceeded the VWAP Purchase Share Volume Maximum, or (2) the time at which the Sale Price of Common Stock falls below the VWAP Minimum Price Threshold (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • Maximum Purchase Amount means, for any CP Conduit, the aggregate Commitments of its Committed Purchasers, as set forth on Schedule I hereto.

  • Unit Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Additional Accelerated Purchase Share Volume Maximum means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, a number of shares of Common Stock equal to (i) the number of Purchase Shares specified by the Company in the applicable Additional Accelerated Purchase Notice as the Additional Accelerated Purchase Share Amount to be purchased by the Investor in such Additional Accelerated Purchase, divided by (ii) the Additional Accelerated Purchase Share Percentage (to be appropriately adjusted for any reorganization, recapitalization, non-cash dividend, stock split, reverse stock split or other similar transaction).

  • VWAP Purchase Amount means, with respect to any particular VWAP Purchase Notice, the portion of the Available Amount to be purchased by the Buyer pursuant to Section 1(c) hereof pursuant to a valid VWAP Purchase Notice which requires the Buyer to buy the VWAP Purchase Share Percentage of the aggregate shares traded on the Principal Market during normal trading hours on the VWAP Purchase Date up to the VWAP Purchase Share Volume Maximum, subject to the VWAP Minimum Price Threshold.

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Contract Purchase Price means the amount actually paid or allocated in respect of the purchase, development, construction or improvement of a Property or the amount of funds advanced with respect to a Mortgage, or the amount actually paid or allocated in respect of the purchase of other Assets, in each case exclusive of Acquisition Fees and Acquisition Expenses, but in each case including any indebtedness assumed or incurred in respect of such Property.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Trading Volume means the volume of shares of the Company's Common Stock that trade between 9:30 AM and 4:00 PM, New York City Time, on any Business Day, and shall expressly exclude any shares trading during "after hours" trading.

  • Per Unit Purchase Price equals $7.05, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Per Share Purchase Price equals $1.00, subject to adjustment for reverse and forward stock splits, stock dividends, stock combinations and other similar transactions of the Common Stock that occur after the date of this Agreement.

  • VWAP Purchase Share Percentage means, with respect to any particular VWAP Purchase Notice pursuant to Section 1(c) hereof, the percentage set forth in the VWAP Purchase Notice which the Buyer will be required to buy as a specified percentage of the aggregate shares traded on the Principal Market during normal trading hours up to the VWAP Purchase Share Volume Maximum on the VWAP Purchase Date subject to Section 1(c) hereof but in no event shall this percentage exceed thirty percent (30%) of such VWAP Purchase Date’s share trading volume of the Common Stock on the Principal Market during normal trading hours.

  • Combined Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Over-allotment Purchase Price The Purchaser shall pay the Over-allotment Purchase Price by wire transfer of immediately available funds to the Company at least one business day prior to the Over-Allotment Closing Date in accordance with the Company’s wiring instructions. On the Over-allotment Closing Date, upon the payment by the Purchaser of the Over-allotment Purchase Price, the Company shall, at its option, deliver a certificate evidencing the Private Placement Warrants purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.