Rebate definition
Examples of Rebate in a sentence
The Fiscal Agent shall sell and reduce to cash a sufficient amount of such investments whenever the cash balance in the Rebate Fund is insufficient for its purposes.
The Fiscal Agent shall deposit or transfer to the credit of the Rebate Fund each amount delivered to the Fiscal Agent by the Borrower for deposit thereto and each amount directed by the Borrower to be transferred thereto.
The Borrower further covenants and agrees that it will comply with all applicable requirements of said Section 148 and the rules and Regulations thereunder relating to the Funding Loan and the interest thereon, including the employment of a Rebate Analyst acceptable to the Governmental Lender and Funding Lender for the calculation of rebatable amounts to the United States Treasury Department.
All prices in this Agreement are calculated based on an upfront IL Smart Inverter Rebate of $74,125.00.
The Borrower shall take or cause to be taken all actions necessary or appropriate in order to fully and timely comply with Section 148(f) of the Code and to rebate excess investment earnings to the federal government, including the employment of a Rebate Analyst acceptable to the Governmental Lender and the Funding Lender at all times from and after the Delivery Date for the calculation of rebatable amounts to the United States Treasury Department.