Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.
Approved Vendor means the entity approved by the IPA under the ABP to be eligible for an award of an Agreement (as a Seller) under the ABP.
Proforma means producing a balance sheet that reflects a reasonably accurate financial statement of the Failed bank through the date of closing. The Proforma financial statements serve as a basis for the opening entries of both the Assuming Bank and the Receiver.
SKU means stock keeping unit.
Valid Invoice means an invoice containing the detailed information set out in clause C2 (Payment and VAT).