Rebate Pool definition

Rebate Pool shall be determined by using the table below. The rebate level entered below opposite each shall apply incrementally to that tier only. No rebate level in any tier shall be applicable to prior or subsequent tiers. The “Rebate Eligible Percentage” shall be determined by dividing: (y) the total Fees paid by Company (or any member of the Company Group) to Deluxe for all Services excluding: (i) the “Television Retainer” and the “Worldwide Product Fulfillment (WPF) Retainer”, and (ii) the first $6,000,000 of services per Term Year of this Agreement provided by Deluxe pursuant to the Deluxe Drissi Creative Contract, by (z) the total Fees paid by Company (or any member of the Company Group) to Deluxe for all Services. The “Rebate Amount” to be paid by Deluxe to Company shall be determined by multiplying the Rebate Pool by the Rebate Eligible Percentage. By way of example only, if Deluxe earned $10 million in total Fees from Company (including any member of the Company Group), $5.55 million of which was for services under the Deluxe Drissi Creative Contract and $450,000 was from the Television Retainer and the Worldwide Product Fulfillment (WPF) Retainer combined, the Rebate Pool would be:
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Examples of Rebate Pool in a sentence

  • Year End Adjustment (YEA) The Year End Adjustment for the User (YEAu) will be calculated in respect of each Financial Year as follows:- where:- RTu is the Reference Tonnage for the User for the Financial Year; ART is the Aggregate Reference Tonnage for the Financial Year; and RP is the Rebate Pool for the Financial Year calculated at Schedule 2, Part B, Section 2.

Related to Rebate Pool

  • Mortgage Pool The pool of Mortgage Loans, identified on Schedule 1 from time to time, and any REO Properties acquired in respect thereof.

  • Delinquent Receivable means a Receivable as to which any payment, or part thereof, remains unpaid for 61 days or more from the original due date for such payment.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Cut-off Date Pool Principal Balance: $557,457,043.24