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 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;

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

Examples of Use of Money Adjustment in a sentence

• 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.

• 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.

• Similarly, only a single LDT actually exists; all processors’ LDT entries point to the same LDT in physical memory.

• Payment of wash-up accounts or wash-up refund credit notes plus the Use of Money Adjustment (charge or credit), as appropriate, will be due/applied on the next 20th day of the month after the date of the invoice, or credit note; or 10 working days following the date of the invoice or credit note, whichever is later.

• A Use of Money Adjustment will be calculated as the wash-up amount multiplied by one-twelfth of the Use of Money Rate for each of the months from the due date of the original invoice to the date of settlement of the wash-up amount.

More Definitions of Use of Money Adjustment

Use of Money Adjustment means zero;

Use of Money Adjustment means an amount payable at the Use of Money Rate 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;

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 2%, calculated and compounded daily (at 1/365th of the annual rate);

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 a use of money adjustment of zero.