Customer Credit definition

Customer Credit means any amounts to be paid to the Customer by the Licensor as a result of the Revenue Sharing Agreement, Exhibit C, in excess of amounts to be paid to the Licensor by the Customer as a result of the Revenue Fee in the Software License Agreement, Exhibit A. Such Customer Credit may be used at the discretion of the Customer to pay any charges due to Licensor in connection with the New Agreements.
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Customer Credit means a monetary credit or purchase price refund granted by ValueVision to a retail customer for all or a portion of the amount charged on the Card in a Credit Sale, which has the effect of reducing the outstanding balance on the individual's customer account payable under the Revolving Charge Plan.
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Customer Credit and "Ineligible Stock Ledger Locations", as such items are reflected on the Borrowing Base Certificate. Notwithstanding the foregoing, the Borrowers hereby acknowledge that the items referred to in the immediately preceding sentence are not the only deductions being made from Eligible Inventory in calculating the Revolving Borrowing Base pursuant to the Borrowing Base Certificate.
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Examples of Customer Credit in a sentence

  • In conjunction with the Director of the Consumer Affairs and Public Information Division at the DPS, VEIC has developed procedures for addressing and resolving complaints concerning performance of its responsibilities from customers and other interested parties such as electric utilities, subcontractors, trade allies, and participants in the Commercial and Industrial Customer Credit program or Energy Savings Account program.

  • Following this, Ratepay will in its own name perform an identity and credit check on the Customer ("Credit Check").

  • The Contributions received by the Trust from the Company, the investments and reinvestments thereof and any income, earnings and appreciation thereon shall constitute the “Pacific Gas and Electric Company Customer Credit Trust”.

  • In addition to any equitable relief that may be available to Boeing in the event of a breach of this clause, Boeing may rescind the Launch Customer Credit Memorandum contained in paragraph 4 above, in the event of any unauthorized disclosure by Customer.

  • As provided in the Financing Order, the back of the ▇▇▇▇ shall display the Fixed Recovery Charge as the “Recovery Bond Charge” and the Customer Credit as the “Recovery Bond Credit” and shall state as follows: “Recovery Bond Charge: Your ▇▇▇▇ for electric service includes a charge that has been approved by the CPUC to repay bonds issued for certain costs related to catastrophic wildfires.

  • The amount determined under the preceding provisions shall be adjusted in accordance with the Company’s Customer Credit Provision as from time to time effective in accordance with law.

  • Purchasing error is generated by the Contractor Credit issued Purchasing error is generated by the Customer Credit Issued Products are received faulty / damaged / short dated Credit issued or product replaced Maximum time to replace goods.

  • This price premium includes the Customer Credit provided by the California Energy Commission (CEC) which is currently set at 1.5 cents/kWh. A Customer Charge of $2.00 per month is also a reoccurring fee for this product.

  • Purchasing error is generated by the Customer Credit note issued and collection or re-supply organised as necessary at no cost to customer.

  • Customer Credit Liability - gift certificates, customer deposits, offsets, merchandise credits, layaway obligations, frequent shopping programs, and similar liabilities of the Borrowers and their Subsidiaries to their retail customers and prospective customers.