Net Invoice Amount definition

Net Invoice Amount means the amount of the applicable Purchased Receivable shown on the invoice for such Purchased Receivable as the total amount payable by the related Account Debtor (net of any discounts, credits or other allowances shown on such invoice and agreed to prior to the Purchase Date).

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Net Invoice Amount means the invoice amount of the Account, less returns (whenever made), all selling discounts (at Factor’s option, calculated on shortest terms), credits or deductions of any kind allowed or granted to or taken by the Customer at any time.

Net Invoice Amount. The amount shown on the original invoice for the applicable Purchased Receivable as the total amount payable by the applicable Account Debtor, which amount shall be net of any discounts, credits or other allowances identified with specificity on such original invoice.

Examples of Net Invoice Amount in a sentence

• The purchase price for each Purchased Receivable purchased on any Purchase Date shall equal (i) the Net Invoice Amount of such Purchased Receivable, minus (ii) the Discount (such amount herein referred to as the “Purchase Price”).

• The Purchase Price for each Eligible Receivable and Related Security acquired on the Initial Funding Date shall be the Net Invoice Amount of such Eligible Receivable (the aggregate of the Purchase Prices for such Eligible Receivables and Related Security acquired on the Initial Funding Date, the “Initial Purchase Amount”).

• As used herein, the term "Net Invoice Amount" means the gross invoice amount of the Receivable, less returns (whenever made), all selling discounts (at your option calculated on shortest terms) made available or extended to our customer, whether taken or not, and credits or deductions of any kind allowed or granted to or taken by the customer at any time.

• The purchase price for each Purchased Receivable and Related Security purchased on any Purchase Date shall equal (i) the Net Invoice Amount of such Purchased Receivable, minus (ii) the Discount (such amount herein referred to as the “Purchase Price”).

• Pursuant to the terms of the Agreement, the Sellers party hereto hereby request that the Buyers purchase from such Sellers on ___________ ____, 20____, the Proposed Receivables listed on the exhibit attached hereto with an aggregate Net Invoice Amount of $_____________.

More Definitions of Net Invoice Amount

Net Invoice Amount means, with respect to any Receivable of a Buyer, the amount set forth on the face of the Initial Invoice with respect to the Eligible Product Sold to such Buyer that Generated such Receivable as the amount payable by such Buyer with respect to such Sale (after giving effect to any Adjustment Amount shown on the face of such invoice).

Net Invoice Amount means the invoice amount of the Purchased Account, less returns (whenever made), all selling discounts (at Factor's option, calculated on shortest terms), and credit or deductions of any kind allowed or granted to or taken by the customer at any time.

Net Invoice Amount shall have the meaning set forth in the Receivables Purchase Agreement.

Net Invoice Amount means, as to any Receivable, an amount equal to the face value payable by the related Account Debtor set forth in the invoices included in the Purchase Notice related to such Receivable, net of any Pre-Purchase Discount related to such Receivable, and including the related VAT Invoice Amount, if any.

Net Invoice Amount has the meaning specified in Section 5(a).

Net Invoice Amount means the net amount billed by Company, after accounting for any applicable normal discounts (but not credits or other adjustments for Company delays or other faults, including liquidated or agreed damages).

Net Invoice Amount. The amount shown on the original invoice for the applicable Purchased Receivable as the total amount payable by the applicable Account Debtor, which amount shall be net of any discounts, credits or other allowances identified with specificity on such original invoice. “OFAC”: The meaning set forth in the definition of “Sanctioned Country”. “Offset Condition”: On any date of determination shall be satisfied, so long as (i) the aggregate outstanding Purchase Prices of all Purchased Receivables at such time related to any Account Debtor and its Affiliates (on a combined basis) does not exceed (ii) 90% of (x) the aggregate outstanding principal balance of all receivables payable at such time by such Account Debtor (whether or not such receivables are Purchased Receivables hereunder), minus (y) the aggregate amounts of principal and interest, if any, at such time in respect of any amounts which are subject to payment by (whether or not then due and payable) the Seller or any of its Affiliates (on an aggregate basis), to or for the account of such Account Debtor (and any of its Affiliates (on a combined basis).