Rebate Adjustment definition

Rebate Adjustment means adjustment to the Framework Prices as a consequence of any applicable Rebate Scheme, as set out in this Part 2;
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Rebate Adjustment is the amount determined as set out in Section 2.5(9)taking into account the items referred to in the reference statement as set out in Schedule 1.1(19).
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Examples of Rebate Adjustment in a sentence

  • At the discretion of the Contractor, a Rebate Adjustment may be made for the obligations of the Affiliate, when applicable.

  • Within 180 calendar days after the Closing Date, the Purchaser shall prepare and deliver to the Vendors’ Representative, a statement setting out the Rebate Adjustment as of the Closing Date, which shall be final and binding upon the Parties, absent manifest error.

  • The Merchant Rebate Adjustment is the difference between the value of the Merchant Rebates at 30 June, 2008 as determined for the purpose of calculating the Completion Statements and the actual value of those Merchant Rebates at the Completion Time (which shall be determined by calculating a pro rata adjustment of the value of the Merchant Rebates to the Completion Time).

  • Alternatively, if the Rebate Adjustment is less than the Estimated Rebate Adjustment, the Purchase Price shall be decreased on a dollar-for-dollar basis by the amount of such difference.

  • The Rebate Adjustment Base Rate will be used by the Bank for the purpose of calculating the annual rebate and, within said calculation, to determine the number of basis points that will either be added or subtracted from the “Unadjusted Rebate Rate(s)” as set out in the Rebate Calculation section of this Agreement.

  • For every 50bps change in the Bank of Canada’s average monthly prime lending rate over the previous twelve months as compared to the Rebate Adjustment Base Rate, the Unadjusted Rebate Rate(s) will be adjusted by 2bps.

  • Any dispute as to the basis on which the Merchant Rebate Adjustment has been calculated shall be determined in accordance with Part 3 of Schedule 6 and references in that Schedule to “Completion Statements” shall be to the “Merchant Rebate Adjustment” and to “Completion” to the date on which the final actual payment of Merchant Rebates is made (which shall be within a reasonable period following the Completion Date).

  • Conversely, if the Bank of Canada’s average monthly prime lending rate for the previous twelve months has gone down by 50 bps compared to the Rebate Adjustment Base Rate, then the Unadjusted Rebate Rate(s) will be increased by 2 bps.

  • For example, if the Bank of Canada’s average monthly prime lending rate for the previous twelve months has gone up by 50 bps compared to the Rebate Adjustment Base Rate, then the Unadjusted Rebate Rate(s) will be reduced by 2 bps.