Retrospective Rebate definition

Retrospective Rebate means a payment to the Authority as detailed in Annex 3 to Framework Schedule 3 (Framework Prices and Charging Structure);
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Retrospective Rebate means the sum payable by the Supplier to the ESPO in accordance with the provisions of clause 16 being such an amount as is specified in paragraph 2 of Schedule 2, throughout the Term and thereafter in respect of any extant Contract;
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Examples of Retrospective Rebate in a sentence

  • For the avoidance of doubt, all Call Off Contracts shall remain in force unless and until they are terminated or expire in accordance with the provisions of the Call Off Contract and the Supplier shall continue to pay any Management Charge or Retrospective Rebate due to the Authority in relation to such Call Off Contracts, notwithstanding the termination or expiry of this Framework Agreement.

  • Retrospective Rebate Payments – Section removed but heading retained for numbering purposes Rebate Back Payment A Rebate Back Payment refers to rebate payments missed by the Retailer to an eligible Customer following an error on the part of the Retailer or a Government Agency.

  • For the avoidance of doubt, all Contracts shall remain in force unless and until they are terminated or expire in accordance with the terms of the Contract and the Supplier shall continue to pay any Retrospective Rebate due to ESPO in relation to such Contracts, notwithstanding the termination or expiry of this Framework Agreement.

  • Any failure by the Supplier to pay the Retrospective Rebate in accordance with paragraph 3 shall be a material Default and the Authority shall be entitled to terminate this Framework Agreement.

  • In addition to the Retrospective Rebate, the Supplier shall pay the VAT on the Retrospective Rebate at the rate and in the manner prescribed by Law from time to time.

  • The Supplier shall not pass through or recharge to, or otherwise recover from any Contracting Authority the cost of the Retrospective Rebate in addition to the Charges.

  • Interest shall be payable on any late payments of the Retrospective Rebate under this Framework Agreement in accordance with the Late Payment of Commercial Debts (Interest) ▇▇▇ ▇▇▇▇.

  • The Authority shall adjust the next Retrospective Rebate payable by the Supplier to take into account the difference between the Retrospective Rebate paid by the Supplier in the year in which the error occurred and the Retrospective Rebate that should have been paid in that year had the correct Management Information being used.

  • The Supplier shall pay the VAT on the Retrospective Rebate at the rate and in the manner prescribed by Law from time to time.

  • All prices submitted must include the Retrospective Rebate, which is currently set at 1%.