Rebate Credit definition

Rebate Credit has the meaning set forth elsewhere in this Agreement.
Rebate Credit means the Philippine Peso equivalent of the Rebates earned by the Cardholder under this CCR Terms and Conditions. One Rebate Credit is equivalent to One Philippine Peso (Php1.00);
Rebate Credit shall have the meaning set forth in Section 14.2.

Examples of Rebate Credit in a sentence

  • The current system, which takes into account the Automotive Production Development Programme run by the Department of Trade and Industry as well as the Production Rebate Credit Certificates issued by ITAC, creates a favourable ad valorem excise tax treatment or outcome for imported vehicles over locally manufactured vehicles.

  • For more information, see the instructions for Forms 1040 and 1040-SR, line 30, and the Re- covery Rebate Credit Worksheet to figure your credit amount.Other taxpayer relief.

  • Comment: To facilitate and sustain exports, the duty savings (Customs duty as well as the Ad Valorem excise tax saving) realised via the application of Productive Rebate Credit Certificates (“PRCC”) are incorporated into costing models to reduce the high production costs stemming from labour, water, electricity and freight costs.

  • ANALYZE MATH ERRORS ATTRIBUTABLE TO THE 2020 RECOVERYREBATE CREDIT/ECONOMIC IMPACT PAYMENTS TO ELIMINATE FUTURE RECOVERY REBATE CREDIT ERRORSTaxpayers who did not receive their advance recovery rebate credit (first Economic Impact Payment (EIP) during 2020 or second EIP in January 2021) are eligible to claim the Recovery Rebate Credit (RRC) on their 2020 income tax returns.

  • Rebate Credits shall expire in 18 months after the end of the Billing Period when the Rebate Credit was earned.

  • Thus, as of April 2021, the Recovery Rebate Credit amount may still be offset by any state debts, but not federal debts.• This means that if you are an eligible individual who did not receive your full Eco- nomic Impact Payment(s), and you have certain outstanding state debts, some or all of your payment may be withheld by the IRS to cover your debts.• If you have outstanding debts, you should contact a Tax Assistance Organization be- fore filing a 2020 tax return to discuss your specific situation.

  • All earnings from the reinvestment of any amounts in the Rebate Credit Account shall remain in the Rebate Credit Account.

  • Therefore, it is possible that you could get a lower amount of the Recovery Rebate Credit even if you qualified for the full amount(s) of Economic Impact Payment.- The first Economic Impact Payment could only be offset by child support arrears for the first one.- The second Economic Impact Payment could not be offset by any debts.• However, the Recovery Rebate Credit is treated like any other tax credit, and can be offset by a number of debts, including unpaid taxes, student loans, child support and more.

  • But anyone who thinks they are eligible for either the first or second stimulus payment but did not get some or all of it – whether you filed a 2018 or 2019 tax return or not – can file a tax 2020 tax return and attempt to claim the Recovery Rebate Credit.

  • If you do not get the payment, if you are eligible you can claim the Recovery Rebate Credit when you file your 2020 tax return.

Related to Rebate Credit

  • Letter of Credit Cash Collateral Account means a blocked deposit account at Bank of America with respect to which Borrower hereby grants a security interest in such account to Administrative Agent for and on behalf of Lenders as security for Letter of Credit Usage and with respect to which Borrower agrees to execute and deliver from time to time such documentation as Administrative Agent may reasonably request to further assure and confirm such security interest.

  • Service credit month means a full service credit month or an

  • Facility Letter of Credit Obligations means, as at the time of determination thereof, all liabilities, whether actual or contingent, of the Borrower with respect to Facility Letters of Credit, including the sum of (a) the Reimbursement Obligations and (b) the aggregate undrawn face amount of the then outstanding Facility Letters of Credit.

  • Service Credit means the periods of time for which the required contributions have been

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Facility Letter of Credit means a Letter of Credit issued by an Issuer pursuant to Section 2.15.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Bridge Credit Agreement means that certain Credit Agreement, dated as of December 24, 2018, by and among Parent Borrower, as Borrower, Citibank, N.A., as Agent and the other parties thereto.

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Letter of Credit Reimbursement Agreement has the meaning specified in Section 2.4(e).

  • Revolving Loan Account has the meaning described in Section 2.1.9 (Revolving Loan Account).

  • U.S. Credit Agreement means that certain credit agreement dated as of even date herewith by and among the U.S. Borrower, as borrower, the lenders party thereto, as lenders, and the U.S. Administrative Agent, as administrative agent.

  • Company Credit Agreement means that certain Credit Agreement, dated as of March 8, 2019, among the Company, as borrower, the guarantors from time to time party thereto, the lenders and issuing banks from time to time party thereto and Bank of America, N.A., as administrative agent.

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Dollar Letter of Credit means a Letter of Credit denominated in Dollars.

  • Letter of Credit Accommodations means the letters of credit, merchandise purchase or other guaranties which are from time to time either (a) issued or opened by Lender for the account of Borrower or any Obligor or (b) with respect to which Lender has agreed to indemnify the issuer or guaranteed to the issuer the performance by Borrower of its obligations to such issuer.

  • Service credit year means an accumulation of months of

  • Alternate Currency Letter of Credit means any Letter of Credit denominated in an Alternate Currency.

  • Borrower Credit Agreement Obligations the collective reference to the unpaid principal of and interest on the Loans and Reimbursement Obligations and all other obligations and liabilities of the Borrower (including, without limitation, interest accruing at the then applicable rate provided in the Credit Agreement after the maturity of the Loans and Reimbursement Obligations and interest accruing at the then applicable rate provided in the Credit Agreement after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the Borrower, whether or not a claim for post-filing or post-petition interest is allowed in such proceeding) to the Administrative Agent or any Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, the Credit Agreement, this Agreement, or the other Loan Documents, or any Letter of Credit, or any other document made, delivered or given in connection therewith, in each case whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses or otherwise (including, without limitation, all fees and disbursements of counsel to the Administrative Agent or to the Lenders that are required to be paid by the Borrower pursuant to the terms of any of the foregoing agreements).

  • Letter of Credit Obligation means, as of any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit on such date (if any Letter of Credit shall increase in amount automatically in the future, such aggregate amount available to be drawn shall currently give effect to any such future increase) plus the aggregate Reimbursement Obligations and Letter of Credit Borrowings on such date.

  • Letter of Credit Obligations means all outstanding obligations incurred by Agent and Lenders at the request of Borrower, whether direct or indirect, contingent or otherwise, due or not due, in connection with the issuance of Letters of Credit by Agent or another L/C Issuer or the purchase of a participation as set forth in Annex B with respect to any Letter of Credit. The amount of such Letter of Credit Obligations shall equal the maximum amount that may be payable by Agent or Lenders thereupon or pursuant thereto.

  • 364-Day Credit Agreement means the 364-Day Credit Agreement, dated as of the date hereof, among the Borrowers, the several banks and other financial institutions from time to time parties thereto, JPMorgan Chase Bank, as administrative agent, and the other agents party thereto.

  • Revolving Letter of Credit means any letter of credit issued pursuant to Section 2.05.

  • New Credit Agreement means the Credit Agreement, dated as of the Issue Date, by and among Level 3 Parent, LLC, Level 3 Financing, Inc., Wilmington Trust, National Association, as administrative agent, the New Credit Agreement Agent and each lender party thereto from time to time, as may be amended, restated, supplemented or otherwise modified from time to time.