Use of Money Adjustment definition

Use of Money Adjustment means an amount payable at the Interest Rate plus 2% from the date of payment to the date of repayment (in the case of a Credit Note or other repayment) or from the due date of the original invoice to the date of payment (in the case of a Debit Note or other payment) accruing on a daily basis and compounded at the end of every month;

Use of Money Adjustment means an amount payable at the Interest Rate plus, the average debt premium plus debt issuance costs, estimated by the Commerce Commission in its determination of the cost of capital for distributors’ price-quality paths, calculated and compounded daily (at 1/365th of the annual rate) or monthly (at 1/12 of the annual rate). The parties may agree an amount beneath which a use of money adjustment does not apply;

Use of Money Adjustment means an amount payable at the Interest Rate plus 2% from the due date of the original invoice to the date of settlement of the wash-up amount accruing on a daily basis and compounded at the end of every month;

Examples of Use of Money Adjustment in a sentence

A Use of Money Adjustment is payable for the period commencing on the date the disputed amount would have been due for payment under this clause 11, and ending when payment is made.
The Distributor will apply a Use of Money Adjustment in relation to the underpayment or overpayment by the Retailer in respect of each Tax Invoice, and will issue a Tax Invoice or Credit Note (as appropriate) to the Retailer in respect of the same.
A Use of Money Adjustment is payable for the period commencing on the date the disputed amount would have been due for payment under this clause 7, and ending when payment is made.
Notwithstanding clause 9.3(f) of this Agreement, the Distributor and Trader agree that to the extent that any information received by the Distributor in accordance with Schedule 2 includes revised reconciliation information or additional consumption information, and that requires the Distributor to provide a separate Credit Note or Debit Note to the Trader, no Use of Money Adjustment will be applied.
The Distributor will issue invoices, debit notes and credit notes (as the case may require) to reflect any resulting revisions to the Charges, plus a Use of Money Adjustment applied in accordance with the Billing and Settlement Policies.

Use of Money Adjustment means a use of money adjustment of 0%;

Use of Money Adjustment means zero;

Use of Money Adjustment means nil;

Use of Money Adjustment means a use of money adjustment of zero New Zealand Dollars;

Use of Money Adjustment means an amount payable at the Interest Rate plus, the average debt premium plus debt issuance costs, estimated by the Commerce

Use of Money Adjustment means a use of money adjustment of 0%; "Vacant Site" means a property that has become vacant;

Use of Money Adjustment means an amount payable at the Interest Rate plus 2%, calculated and compounded daily (at 1/365th of the annual rate);