Common use of Credit Payment Clause in Contracts

Credit Payment. 5.1 At the end of the term of this Letter Agreement, Buyer's total compensation credit calculated under Article 4.2 above, and BRAD's total incentive credit calculated in Article 4.3 above, shall be compared by the following formula to determine if a credit is due to Buyer. Credit due Buyer = Qb - Qs

Appears in 2 contracts

Sources: Purchase Agreement (Midway Airlines Corp), Purchase Agreement (Midway Airlines Corp)