Refund Payment definition

Refund Payment means any payment (including, without limitation, interest) made by a VAT Authority, whether by way of refund, credit or repayment or otherwise, in respect of, arising out of or resulting from, or otherwise in connection with, an amount of, or purporting to be, VAT having been accounted for to a VAT Authority on a Relevant Supply.

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Refund Payment the Manufacturer’s payment of a refund due under 32 CFR 199.21(q).

Refund Payment. Upon completion of the Project, BNSF agrees to reimburse GPRE for full construction cost of the project estimated at three million five hundred thousand or the actual construction cost of the Project whichever is lower. The said reimbursement will consist of fifty ($50) per loaded car on eastbound shipments routed BNSF direct, and/or one hundred fifty ($150) per loaded car on westbound shipments routed BNSF direct, and/or hundred ($100) per loaded car on south/southwest bound shipments routed BNSF direct subject to BNSF meeting its average minimum revenue requirement (see section 1). The refund per car will be paid on incremental shipments above 800 cars annually. No refund will be paid on the 800-car base volume comprised of corn, cracked corn, and/or soybean shipments. If less than 800 cars of corn, cracked corn, and/or soybeans are shipped then refund will apply to incremental cars, (other than corn, cracked corn, and/or soybean shipments). BNSFs obligation to make refund payments is contin gent upon GPRE meeting the AVT. BNSF will remit payment of any reimbursements due within 45 days after the applicable calendar quarter. BNSF has no obligation to make the payments if the AVT are not met. Upon payment by BNSF to GPRE, BNSF shall have no further obligation or liability with regard to such payments. GPRE agrees to indemnify and hold BNSF harmless from any Page No: 10 BNSF RAILWAY COMPANY BNSFC 307074 ALLOWANCE CONTRACT *Transportation Service Agreement* claims with regard to such payments once BNSF has paid GPRE. If the AVT is not met during an applicable annual period and BNSF has paid GPRE a refund amount based on actual shipments, then BNSF may (at its own discretion) withhold future payments until that applicable period and the immediate subsequent periods AVT are met. In other words, shipments in the immediate subsequent annual period will need to meet the AVT for that time frame and generate incremental shipments above the AVT to cover the prior period shortfall. This process will be applicable for any shortfall annual period. Once the AVT is met, BNSF will resume refund payments. In the event, the line is sold (per Section 5) any outstanding balance of dollars owed GPRE by BNSF for line renovation will either be paid as a lump sum, per car refund, subtracted from purchase price to buyer (transferred to GPRE, if not purchaser) or other means determined by BNSF to satisfy repayment to GPRE. In no event will the original timeline to satisfy payment,...

Examples of Refund Payment in a sentence

• If there are insufficient funds in the Supplier's Nominated Account(s) and a Refund Payment is dishonoured, clause 10 will apply.

• If a Refund Payment is debited from an incorrect bank account and is dishonoured, clause 10 will apply.

• Please refer to the Information for Pharmaceutical Manufacturer’s webpage for Refund Payment Due and Dispute Cut-Off Dates.

• If the aggregate amount of all such Net Tax Refunds exceeds the Basket Amount, then the entire amount of such aggregate Net Tax Refunds shall be paid to the Payment Agent for distribution to each of the Indemnifying Parties in accordance with the Tax Refund Payment Spreadsheet.

• No party other than Full Name has a claim or right to receive the Refund Payment.

• The Parties agree that each applicable Refund Payment is a reasonable approximation of the damages suffered by Purchaser as a result of underperformance of the Solar Facility, is bargained-for by the Parties, and shall be the Purchaser’s sole and exclusive remedy hereunder for underperformance of the Solar Facility.

• By affixing my signature below I confirm that I have read and agree to the Refund, Payment Plan, Make-Up Policies, and Hold Harmless Agreement stated above.

• Within five (5) business days after receipt of any Tax Refund Payment, the Company shall deliver to each Shareholder and Option Holder its/his/her Shareholder Tax Refund Payment or Option Holder Tax Refund Payment, as the case may be, by check, to the Agent.

• The Investment Refund Payment shall be paid by CRDA to Manager no later than one hundred twenty (120) days following the termination date.

• The Refund Payment shall be issued via credit card to Full Name residing at Address, City, State Zip Code.

More Definitions of Refund Payment

Refund Payment means the total amount of all payment(s) made on an Account following repossession and subsequent sale of the vehicle, through the Effective Date.

Refund Payment means the payment to be made by AT&T to the TRS Fund pursuant to this Consent Decree and described at paragraph 18.

Refund Payment has the meaning set forth in Section 9.4.

Refund Payment means the amount of [***] to be paid to MGIC pursuant to Section 8(f).”

Refund Payment means any repayment of the Trust Property to the Parties under Section 8.1 or Section 8.3 of the Trust Indenture received prior to the Allocation Completion or any amounts actually recovered by the Parties from other Nortel entities pursuant to Section 2.1 of this Agreement prior to the Allocation Completion.

Refund Payment shall have the meaning set forth in Exhibit 1.