Invoice Adjustments definition
Invoice Adjustments has the meaning specified in Section 5(a).
Invoice Adjustments means payments from or to a Manufacturer representing the difference between the estimated Capitalized Cost of a Vehicle as reflected on its invoice, and the actual Capitalized Cost of such Vehicle.
Invoice Adjustments. (i) discounts and sales commissions, (ii) credits or repayments due to rejections, defects or returns, (iii) net of amounts previously included in the Net Sales Price of a product that were written-off by Medtronic or such sublicensee of Medtronic during such period as uncollectible, and (iv) charitable donations of Royalty-Bearing Products. Net Sales which are denominated in currencies other than U.S. Dollars shall be converted into U.S. Dollars according to Medtronic's standard accounting policy for conversion of foreign currencies.