Rebate Payment Date definition

Rebate Payment Date means a date chosen by the Issuer which is not more than 60 days following each Computation Date or the Final Bond Retirement Date.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Rebate Payment Date means each date on which any Rebate Amount then due is paid to the United States of America pursuant to Section 148(f) of the Code.

Rebate Payment Date has the meaning given to such term in Clause 79(b) (Payment of Rebate).

Examples of Rebate Payment Date in a sentence

• If the certificate specifies an amount to be paid, (A) such certificate shall be accompanied by a completed Form 8038-T, which is to be signed by an officer of the Issuer, and shall include a certification stating that the Form 8038-T is accurate and complete, and (B) no later than ten (10) days after the Rebate Payment Date the Borrower shall furnish to the Issuer and the Trustee a certificate stating that such amount has been timely paid.

• Accordingly, notwithstanding anything to the contrary in this Agreement, in the event that Customer on the payment date for any such Rebate ("Rebate Payment Date") is not current with respect to Customer's payments due and owing to McKesson pursuant to this Agreement as of the Rebate Payment Date McKesson shall have no obligation hereunder to pay any such Rebate either on the Rebate Payment Date or at any time thereafter.

• No later than fifteen (15) days prior to each date on which a payment could become due under this Section 317(a)(i) (a "Rebate Payment Date"), the Borrower shall deliver to the Issuer and the Trustee a certificate either summarizing the determination that no amount is required to be paid or specifying the amount then required to be paid pursuant to this Section 317(a)(i).

• If the certificate specifies an amount to be paid, (A) such certificate shall be accompanied by a completed Form 8038-T, which is to be signed by an officer of the Authority, and shall include a certification stating that the Form 8038-T is accurate and complete, and (B) no later than ten (10) days after the Rebate Payment Date the Company shall furnish to the Authority and the Trustee a certificate stating that such amount has been timely paid.

• If on any Rebate payment Date (as defined below) the amount in the Rebate Fund will be insufficient to pay the amount required to be paid under the Rebate Provision, the Borrower shall pay the amount of such deficiency to the Trustee for deposit into the Rebate Fund prior to the Rebate Payment Date.

• On each Department Rebate Payment Date, when due under applicable laws and regulations, as of which the Servicers notify the Funding Note Issuer and the Conduit Administrator of the aggregate amount of Negative Special Allowance Payments, if any, that is due and owing to the Department for the preceding quarterly period, the Conduit Administrator shall withdraw from the DOE Reserve Account an amount equal to any Negative Special Allowance Payments due and owing to the Department.

• Any Mortgage Loan payments received by GMACCM later than five (5) business days prior to the applicable Rebate Payment Date will be paid (absent breach of clause (b) of the preceding sentence) to Guarantor on the next calendar month's Rebate Payment Date.

• Upon each such determination, the Company shall furnish the Trustee a certificate showing how such calculation was made and shall pay to the United States the amounts required to be paid in respect of each Rebate Payment Date.

More Definitions of Rebate Payment Date

Rebate Payment Date means the date following a Computation Date on which the Rebate Amount is mailed or otherwise filed with the IRS. The Rebate Payment Date cannot be a date which is more than 60 days after a Computation Date.

Rebate Payment Date. See Section 504.