Prebate definition

Prebate means an amount paid in a lump sum to a Customer upfront at the beginning of any contract between such Customer and the relevant Unilever Affiliate for the purchase of Products, such amount representing the present value of future discounts in the price of the Products.
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Examples of Prebate in a sentence

  • Starting the first quarter of 1998 through the fourth quarter of 2000, the rebates due to AGT, and New AGT under this Section 11 will be reconciled on a quarterly basis against the value of the outstanding Prebate at January 1, 1998.

  • The parties desire to extend the supply/purchase arrangements in the Purchase Agreement through December 31, 2000 and to change the Rebate rates, the value of the Prebate and the terms of Prebate repayments through such date.

  • It is the intention of the parties that at all times from inception of the Prebate through its final payment that Mr. ▇▇▇▇▇▇▇▇▇'▇ ▇▇aranty thereof be continuous and uninterrupted.

  • It is the intention of the parties that at all times from inception of the Prebate through its final payment that ▇▇.

  • If AGT and New AGT earn less than * * of the outstanding Prebate on January 1, 1998, AGT and New AGT, jointly and severally, must pay * the difference between the earned rebate and such * of the outstanding Prebate.

  • Mr. ▇▇▇▇▇▇▇▇▇ ▇▇all deliver concurrently with his execution of this Third Amendment an executed copy of the Second Amended and Restated Guaranty Agreement attached hereto as Exhibit B which acknowledges and agrees to the changes in the value of the Prebate and the terms of the repayment of the Prebate.

  • It is further understood and agreed that a failure to meet the obligations under this Section 10C will be an Event of Default under the Notes and will entitle * to require immediate repayment of the Prebate provided for herein and to enforce ▇▇.

  • Should AGT or New AGT or ▇▇▇▇▇▇▇▇▇/Drasner Properties at any time breach its obligation to purchase * and * as provided in Sections 10, 10A and Section 11 and under Section 10C respecting * , * may, at its option, require that AGT and New AGT, jointly and severally, immediately pay to * the Adjusted Balance (as defined below) of the Prebate, together with interest on the Adjusted Balance at * computed from the date of the breach through the actual date of the payment of the Adjusted Balance.

  • So long as the Initial Loan, the Additional Loan, the Term Loan, the Prebate or any other indebtedness is outstanding by ▇▇.

  • It is the intent and purpose of this paragraph to reduce the outstanding Prebate on January 1, 1998 by * during each of the twelve quarters during the period January 1, 1998 through December 31, 2000.

Related to Prebate

  • Rebate shall have the same meaning as ascribed thereto in Article 10.3.4 of this Agreement;

  • Rebates means discounts granted to single Residential Properties valued from R1 and up to R500 000. Residential Sectional Title Properties, guesthouses, old age homes and hostels are excluded. Properties at a R0 value will only start to qualify for a Rebate from the time that it has been valued by the Valuations Department Rebates do not apply to Vacant Land and Non-Residential Properties.

  • Kickboxing means unarmed combat involving the use of striking techniques delivered with the upper and lower body, and in which the combatants remain standing while striking;

  • Capitation means the reimbursement arrangement in which a fixed rate of payment per Enrollee per month is made to the Contractor for the performance of all of the Contractor’s duties and obligations pursuant to this Contract.

  • Pharmacy means prescribed drugs and medicines dispensed by a pharmacist and/or travel and allergy vaccines dispensed by a pharmacist or doctor.