Rebate Payments definition
Examples of Rebate Payments in a sentence
For purposes of calculating any Rebate Payments and Yield Reduction Payments due in Connection with the Bonds, the amount of the Reserve Fund allocable to the Financing Agreement will be determined in accordance with Treas.
In consideration of each Fund paying the portion of the Aggregate Monthly Payment attributable to Repo-style Transactions, State Street agrees to pay to each Counterparty to an outstanding Repo-style Transaction, for so long as the Repo-style Transaction remains outstanding under this Agreement and no Default or Event of Default has occurred and is continuing, the current fees (including rebates) payable to such Counterparty under the Securities Financing Agreement (the "Rebate Payments").
The Fund acknowledges and agrees that State Street will realize a profit based on the difference between (i) the portion of the Aggregate Monthly Payment attributable to Repo-style Transactions received by State Street and (ii) the Rebate Payments paid by State Street pursuant to Section 3.2 of this Agreement.
The Rebate Payments will not constitute Funding Loans or other extension of credit by State Street to a Fund, and any Aggregate Monthly Payment in excess of the Rebate Payments made by State Street as required by this Section 3.2 may be retained by State Street for its own account without any obligation to report to such Fund the amount of any such excess.
Once the Overexpenditure Recovery Amounts have been adjusted in accordance with Article 2.2, if any of the Overexpenditure Recovery Amounts become less than what has already been paid to the Owners at the time of the adjustment (the “Previous Rebate Payments”), then the Owners shall repay to the City the difference between the Previous Rebate Payments and the applicable adjusted Overexpenditure Recovery Amount (the “Underexpenditure”) within thirty (30) days of receiving notification from the City.
The Regulations require payment of any Yield Reduction Payments to the United States of America in the same manner as Rebate Payments.
OWNER/DEVELOPER has presented to the CITY its estimate of the development costs for which it seeks and which qualify for Rebate Payments.
Participant shall only be entitled to seek additional Rebate Payments on behalf of an FPL customer when the Participant is notified by FPL in writing that the suspension has been lifted.
Retrospective Rebate Payments – Section removed but heading retained for numbering purposes Rebate Back Payment A Rebate Back Payment refers to rebate payments missed by the Retailer to an eligible Customer following an error on the part of the Retailer or a Government Agency.
Parties acknowledge that all payments made against Weekly Bills, Provisional B▇▇▇ and Supplementary Bills shall be subject to quarterly reconciliation at the beginning of the following quarter of each Contract Year and annual reconciliation at the end of each Contract Year to take into account REA, Tariff Adjustment Payments, Tariff Rebate Payments, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement.