Supplier Rebates definition
Supplier Rebates means rebates received by Credit Parties from suppliers of Inventory in the ordinary course of business.
Supplier Rebates means for the Final Period an amount equal to 1.5% of total net sales of Seller occurring in such period and (ii) “Customer Rebates” shall mean for the Final Period 2.88% of gross sales of Seller occurring in such period to (A) customers who qualified for Seller’s V.I.P. program for 1999 and (B) those additional customers who as of the Closing Date Seller reasonably projects for 2000 as tracking towards V.I.P. attainment in 2000 based on 2000 sales occurring prior to the Closing plus an adjustment as set forth in Schedule 1.01(b)(2) and the “Final Period” shall mean January 1, 2000 to and including the Closing Date.
Supplier Rebates has the meaning set forth in Section 2.1(a)(iv).
Examples of Supplier Rebates in a sentence
Borrowers shall promptly notify Agents within 45 days of the end of each Fiscal Year (or if earlier, promptly upon the Borrowers’ chief financial officer or treasurer obtaining actual knowledge thereof) of any material net annual reduction (versus the projections for such annual period) in any Supplier Rebates in an aggregate amount in excess of $10,000,000.
More Definitions of Supplier Rebates
Supplier Rebates shall have the meaning set forth in Section 1.1(n).
Supplier Rebates means sums owed to the Mill Business, the Coaters, Stockstadt GmbH and Biberist by their suppliers as a result of specified annual delivery targets having been met in respect of the period up to the Completion Time;