Rebate Variance Sample Clauses
The Rebate Variance clause defines how differences between expected and actual rebate amounts are handled in a contract. Typically, this clause outlines the process for reconciling any discrepancies, such as requiring one party to pay or refund the variance if sales volumes or qualifying purchases differ from projections. Its core function is to ensure that both parties are fairly compensated or reimbursed based on actual performance, thereby reducing disputes and maintaining financial accuracy in rebate arrangements.
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Rebate Variance. All prices in this Agreement are calculated based on an upfront rebate of $0. If the actual rebate is lower than calculated, prices will be adjusted pro-rata to reflect the actual rebate received.
Rebate Variance. All prices in this Agreement are calculated based on an upfront rebate of $0. If the actual rebate is lower than calculated, prices will be adjusted pro-rata to reflect the actual rebate received. Solar Power Purchase Agreement (Commercial) 20130117
1. System Location: ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇
2. System Size (DC kW): [ ]
3. Expected First Year Energy Production (kWh): [ ]
4. Expected Structure: Ground Mount
5. Expected Module(s): Manufacturer/Model Quantity [ ] [ ]
6. Expected Inverter(s): Manufacturer/Model Quantity [ ] [ ]
7. Includes:
Rebate Variance. All prices in this Agreement are calculated based on an upfront rebate of
Rebate Variance. All prices in this Agreement are calculated based on an upfront IL Smart Inverter Rebate of $74,125.00. If the actual rebate is lower than calculated, prices will be adjusted pro-rata to reflect the actual rebate received.