Return Charges definition

Return Charges means the cumulative costs incurred by the Company (which costs shall be the cost of goods for returned products that are replaced to the customer and the sales price for returned products that are not so replaced) for products of the Company tested and sold prior to the Closing (or sold after the Closing if such products were tested and in finished goods inventory as of the Closing) and returned, rejected or subject to warranty claims or charges during the period of six months from the Closing, in excess of any provision made therefore in the Current Balance Sheet and provided that they exceed $50,000 in the aggregate.
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Return Charges means: (A) those charges identified in Item 5(b) of Part A; and (B) any parking fees, tolls or any fines associated with traffic or parking violations of any kind incurred in relation to the Vehicle from the Hire Commencement Date until the Vehicle is returned to the Company; and (C) any other costs and charges set out in clause 7.
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Examples of Return Charges in a sentence

  • If Lessee nonetheless prematurely terminates this Lease, Lessee unconditionally agrees to pay a termination/cancellation fee equal to the remaining payments for the unfulfilled Minimum Lease Term, any applicable charges for services or modifications performed by Lessor to make the Equipment ready for Lessee’s use, and any applicable charges related to Ancillary Products, plus the Final Return Charges.

  • Lessee acknowledges and agrees that any Final Return Charges quoted to Lessee for dismantle, return freight, knockdown, or fuel charges are estimates only and such Final Return Charges shall be charged at Lessor’s prevailing market rates at the time of return.

  • In the event Lessee terminates the Lease Agreement during the Term, Lessee unconditionally agrees to pay a termination/cancellation fee equal to the remaining payments for the unfulfilled Term, any applicable charges for services or modifications performed by Lessor to make the Equipment ready for Lessee’s use, and any applicable charges related to Ancillary Products, plus the Final Return Charges.

  • Lessee understands and agrees that the Final Return Charges stated in the Lease Order Agreement are estimates only and that Final Return Charges including, but not limited to, dismantle and return freight charges, will be charged at Lessor's then prevailing rate at the time of surrender.

  • Lessee understands and agrees that the Final Return Charges stated in the Lease Order Agreement are estimates only and that Final Return Charges including, but not limited to, dismantle and return freight charges, will be charged at Lessor's then prevailing rate at the time of surrender for any rental exceeding the Minimum Lease Term.

  • If Lessee nonetheless prematurely terminates this Lease, Lessee unconditionally agrees to pay a termination/cancellation fee equal to the remaining payments for the unfulfilled Minimum Lease Term, any applicable charges for services or modifications performed by Lessor to make the Equipment ready for Lessee’s use, and any applicable charges related to Ancillary Products, plus the Final Return Charges as estimated in the Lease Agreement.

  • At the time of return of the Equipment, Lessee shall be responsible for any Final Return Charges including, but not limited to, dismantle, return freight charges, knockdown, or fuel surcharges, charged at Lessor's then prevailing rate at the time of surrender; provided however, that Lessee acknowledges that Lessor has the right to require Lessee to prepay the rental for the last month and return freight and knockdown charges.

  • Rs. 250.00 + GST for Agreement Copy At any point during the loan 7 Cheque Return Charges Rs. 500.00 + GST Right from Login in the File 8 Collection Charges Rs.750+ GST is dued to the borrower along with cheque return charges Any point during the tenure of loan whenever cheque is bounced as the OD amount has to be collected from borrower premises.

  • In the event Lessee terminates the Lease Agreement during the Term, Lessee agrees to pay a termination/cancellation fee equal to the remaining payments for the unfulfilled Term unless Lessor and Lessee mutually agree otherwise in writing at the time of Lessee’s placing the order for the Equipment, plus any applicable charges for services or modifications performed by Lessor to make the Equipment ready for Lessee’s use, and any applicable charges related to Ancillary Products, plus the Final Return Charges.

  • Lessee understands and agrees that Final Return Charges are estimates only and will be charged at Lessor’s prevailing rate at the time of return.

Related to Return Charges

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • collection charges means the charges which the Municipality is entitled to recover in terms of section 75A(1) of the Systems Act, and includes the administrative cost –

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.