Credit Adjustment definition

Credit Adjustment shall have the meaning specified in Section 3.02.

Credit Adjustment shall have the meaning specified in subsection 4.03(c).

Credit Adjustment shall have the meaning specified in Section 5.07(a);

Examples of Credit Adjustment in a sentence

• Id. The Benchmark was equal to the Market Index Cost, less the Storage Credit Adjustment, plus the Firm Deliverability Adjustment and the Commodity Adjustment.

• If the reduction of the Principal Receivables in accordance with the foregoing would cause the Retained Interest Amount to be an amount less than zero, the Seller shall, subject to Section 5.02(b), make a deposit, no later than the Business Day following the Date of Processing of such Credit Adjustment, in the Collection Account in immediately available funds in an amount equal to the amount by which such Credit Adjustments exceed the Retained Interest Amount on such Date of Processing.

• Adjustment MechanismIn Montana, NorthWestern Energy is subject to a Power Cost & Credit Adjustment Mechanism (PCCAM).

• Id.Under the PBR, the Storage Credit Adjustment was subtracted from the other Benchmark costs to reflect the benefit obtained by injecting gas into storage when gas prices are lower and withdrawing that gas when prices are higher.

• This was possible because, as AG witness Effron pointed out, the Storage Credit Adjustment (SCA) portion of the GCPP formula allowed Nicor to increase the benchmark by increasing withdrawals (exactly what Staff expressed concern about in ICC Docket No. 99-0127).

More Definitions of Credit Adjustment

Credit Adjustment shall have the meaning specified in subsection ----------------- ---------- 4.2(d)(i). ---------

Credit Adjustment is defined in the Section 3.02 of the Receivables Purchase Agreement.

Credit Adjustment is defined in Section 8.4(e) of the Indenture. ----------------- --------------

Credit Adjustment is defined in Section 2.4.4.

Credit Adjustment means, with respect to one or more Receivables previously conveyed by the Seller to the Purchaser, an amount equal to the aggregate of (i) the reduction in the principal balance of the related Receivables described in Section 3.02 multiplied by the quotient (expressed as a percentage) of (ii) the Purchase Price for Principal Receivables payable on the related Distribution Date divided by the aggregate of the Principal Receivables transferred to the Purchaser on such Addition Date.

Credit Adjustment means that amount of the Outstanding Face Amount of any Principal Receivable (i) which was created in respect of any merchandise refused or returned by the Obligor or as to which the Obligor has asserted any defence, dispute, set-off or counterclaim (including a Transferor Section 75 Liability or Additional Transferor Section 75 Liability) or (ii) which is reduced by the Transferor, any Additional Transferor or the Servicer or any Co-Servicer by any rebate, refund, charge-back or adjustment (including Servicer or Co-Servicer errors) or (iii) which was created as a result of a fraudulent or counterfeit charge;

Credit Adjustment shall have the meaning specified in subsection 4.03(c). “Credit Card Agreement” shall mean, for any VISA®, MasterCard®, or American Express® credit card account, the agreement (including any related statement under the Truth in Lending Act) between the applicable Account Owner and the related Obligor governing that account.