Vendor Rebates definition

Vendor Rebates means, with respect to any Loan Party, credits earned from vendors for volume purchases that reduce net inventory costs for such Loan Party.

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Vendor Rebates means credits earned from vendors for volume purchases that reduce net inventory costs for the Loan Parties.

Vendor Rebates means the credits earned from vendors for volume purchases that reduce net inventory costs for the Borrowers.

Examples of Vendor Rebates in a sentence

• Member shall be responsible for remitting to Facilities any Vendor Rebates belonging to Facilities.

• NGP will use all reasonable efforts to verify all Vendor Rebates pertaining to Member and Facilities and to keep Member informed of product, service and price changes.

• Such Vendor Rebates shall comply with all Applicable Laws, including the Discounts Safe Harbor, and Member and Facilities acknowledge and agree that NGP shall incur no liability resulting from any rebate arrangement between Member and a Vendor or Facility and a Vendor, as the case may be.

• In the event NAVIGATOR receives any verified Vendor Rebates, NAVIGATOR will remit such rebates to Member in a timely manner.

• The terms of Vendor Rebates and NGP Offeror rebates are set forth on Exhibit A attached hereto and incorporated by reference herein.

• In the event Navigator receives any verified Vendor Rebates on behalf of Member, Navigator will remit such rebates to Member as promptly as possible.

• Seller is selling to Buyer all of the assets, including but not limited to, the Transferred Accounts (listed on Schedule A), the Accounts Receivable, Vendor Rebates Receivable, all Inventory and all Equipment (the “Transferred Equipment”).

• Utility Charges (to the extent that meter readings cannot be obtained on the Closing Date), Equipment Charges, Real Property Taxes, Personal Property Taxes, Customer Rebates, Vendor Charges, and Vendor Rebates, including, without limitation, accruals or prepayments thereof (all as individually defined below and collectively called the "Proration Items"), shall be prorated directly between the Seller and the Acquiror as provided in this Section 2.5.

• Allegiance may deduct from such purchase payments to ▇▇▇▇▇▇ any Vendor Rebates then owed to Allegiance by ▇▇▇▇▇▇.

More Definitions of Vendor Rebates

Vendor Rebates means monies due to the Business arising from agreements with its vendors which provide for the payment or credit of money based upon, (a) volumes purchased within defined time periods, (b) a percentage of the invoice price regardless of volumes purchased, or (c) a fixed dollar amount regardless of volumes purchased.

Vendor Rebates has the meaning set forth in Section 2.5(b)(vi).

Vendor Rebates means any and all off-invoice discounts or other discounts or rebates paid or applied directly by a Vendor to a Member, other than Distributor Brand Incentives and Pinnacle Program Allowances.

Vendor Rebates means vendor rebates relating to the Business which are properly allocable in part to a time period prior to Closing and in part to a time period after Closing based on the ratio of the volume and actual cost of the applicable inventory purchases to Seller and Acquiror, net of all discounts and other purchase price adjustments of any type other than the actual vendor rebate itself; and

Vendor Rebates means credits earned from vendors for volume purchases that reduce net inventory costs for the Loan Parties. “wholly-owned,” when used in reference to a subsidiary of any Person, means that all the Equity Interests in such subsidiary (other than directors’ qualifying shares and other nominal amounts of Equity Interests that are required to be held by other Persons under applicable law) are owned, beneficially and of record, by such Person, another wholly-owned subsidiary of such Person or any combination thereof.

Vendor Rebates means, with respect to any Loan Party, credits earned from vendors for volume purchases that reduce net inventory costs for such