Return Reserve definition

Return Reserve means reserves reasonably maintained by the Company from time to time for Refunds.
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Return Reserve means the record created on the books of the Bank in accordance with Section 6.04 hereof. "SECOND SOURCE PROGRAM" has the meaning given to it in Section 8.05(b) hereof. "SERVICE FEE PERCENTAGE" has the meaning given to it in Section 5.02 hereof. "SETTLEMENT DATE" means a date selected by Bank after each Billing Period which date shall be no more than fifteen (15) days after the last day of such Billing Period. "SOLVENT" means, as to any person, (a) that the present fair salable value of such person's assets is in excess of the total amount of its liabilities, (b) that such person is presently generally able to pay its debts as they become due, and (c) that such person does not have unreasonably small capital to carry on such person's business as theretofore operated and or the business in which such person is about to engage. The phrase "present fair salable value" of a person's assets is intended to mean that value which could be obtained if the assets were sold within a reasonable time in arm's-length transactions in an existing and not theoretical market.
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Return Reserve means, on each Monthly Release Date (and the Proposed Interim Release Date following such Monthly Release Date), an amount equal to (a) all Accounts arising from the sale of goods and the provision of services by the Borrower and the other Loan Parties that are unpaid as of the end of the most recent calendar month prior to such Monthly Release Date multiplied by (b) the Return Reserve Percentage.
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Examples of Return Reserve in a sentence

  • No monies held in the Chargeback and Return Reserve Account shall bear interest.

  • After payment or adequate provision for payment is made by SPS-EFT, for all obligations on the part of Merchant to SPS-EFT under this Agreement, Merchant may request SPS-EFT to disburse to Merchant any funds remaining in the Chargeback and Return Reserve Account unless otherwise agreed to by SPS-EFT.

  • After payment or adequate provision for payment is made by SPS-EFT, for all obligations on the part of MERCHANT to SPS-EFT under this Agreement, MERCHANT may request SPS-EFT to disburse to MERCHANT any funds remaining in the Chargeback and Return Reserve Account unless otherwise agreed to by SPS-EFT.

  • After payment or adequate provision for payment is made by GETI, for all obligations on the part of MERCHANT to GETI under this Agreement, MERCHANT may request GETI to disburse to MERCHANT any funds remaining in the Chargeback and Return Reserve Account unless otherwise agreed to by GETI.

  • After payment or adequate provision for payment is made by Paya-EFT, for all obligations on the part of MERCHANT to Paya-EFT under this Agreement, MERCHANT may request Paya-EFT to disburse to MERCHANT any funds remaining in the Chargeback and Return Reserve Account unless otherwise agreed to by Paya-EFT.

  • Sales Return Reserve: In 4Q09, we began accruing a sales return reserve against our revenues.

  • Authorities removed--but did not investigate or prosecute--the agriculture minister and the ministry’s permanent secretary There were reports district officials manipulated or falsified statistics in order to meet development targets.

  • Roel Nieuwenkamp, Legislation on responsible business conduct must reinforce the wheel, not reinvent it, 15 April 2015, accessible at http://oecdinsights.org/2015/04/15/legislation-on-responsible-business-conduct-must-reinforce-the-wheel-not-reinvent-it/.

  • Return Reserve Newspapers and Magazines sales are made on a sale or return basis, therefore the Group is required to estimate a value relating to expected returns from retailers.

  • Genius shall be entitled to establish and maintain a reserve for returns of Videograms in an amount (“Return Reserve”) equal to twenty percent (20%) of Gross Receipts, provided that each addition to the Return Reserve shall be liquidated (to the extent not applied to actual returns) within six (6) months of its establishment, subject to Genius’ retention of its Distribution Fee (as defined below) on such liquidated Return Reserves.


More Definitions of Return Reserve

Return Reserve and "Finance Charge Reserve", as such items are reflected on the Borrowing Base Certificate. Notwithstanding the foregoing, the Borrowers hereby acknowledge that the items referred to in the immediately preceding sentence are not the only deductions being made from Eligible Receivables in calculating the Borrowing Base pursuant to the Borrowing Base Certificate.
Sample 1
Return Reserve with respect to any fiscal month, the average monthly amount of Inventory transferred by the Borrower and the Subsidiary Guarantors to return centers during the immediately preceding 12 fiscal month period.
Sample 1

Related to Return Reserve

  • Return envelope means the envelope, described in Subsection 20A-3a-202(4), provided to a voter with a manual ballot:

  • Courier means any armed person who transports or offers to transport from one place to another

  • Prepaid means Payments or Deposits paid by You to a Travel Supplier for Travel Arrangements for Your Trip prior to Your actual or Scheduled Departure Date. Payments or Deposits for shore excursions, theater, concert or event tickets or fees, or sightseeing, if such arrangements are made during Your Trip and are to be used prior to the Scheduled Return Date of Your Trip, are not considered Prepaid as defined herein.

  • Return Date means the date on which the Insured is scheduled to return to the point where the Trip started or to a different specified Return Destination. This date is specified in the travel documents.

  • E-Mail shall have the meaning set forth in Section 10.5.

  • First Class Mail When mailed first class to the last address of the recipient known to the party giving notice, notice is effective three (3) mail delivery days after deposit in a United States Postal Service office or mailbox. Certified Mail: When mailed certified mail, return receipt requested, notice is effective on receipt, if delivery is confirmed by a return receipt. Overnight Delivery: When delivered by overnight delivery (Federal Express/Airborne/United Parcel Service/DHL WorldWide Express) with charges prepaid or charged to the sender’s account, notice is effective on delivery, if delivery is confirmed by the delivery service. Facsimile transmission: When sent by facsimile to the facsimile number of the recipient known to the party giving notice, notice is effective on receipt, provided that, (a) a duplicate copy of the notice is promptly given by first-class or certified mail or by overnight delivery, or (b) the receiving party delivers a written confirmation of receipt. Any notice given facsimile shall be deemed received on the next business day if it is received after 5:00 p.m. (recipient’s time) or on a non-business day. Addresses for purpose of giving notice are as follows: To COUNTY: COUNTY OF MENDOCINO Xxxxx, XX 00000 Attn: To CONTRACTOR: [Name of Contractor] [Number and Street] [City, State, Zip Code] ATTN: Any correctly addressed notice that is refused, unclaimed, or undeliverable because of an act or omission of the party to be notified shall be deemed effective as of the first date that said notice was refused, unclaimed, or deemed undeliverable by the postal authorities, messenger, or overnight delivery service. Any party may change its address or facsimile number by giving the other party notice of the change in any manner permitted by this Agreement.

  • postal ballot means voting by post or through any electronic mode;

  • Certified means certified as a true copy of the original by a commissioner of oaths appointed under section 5, or designated under section 6, of the Justices of the Peace and Commissioners of Oaths Act, 1963 (Act No. 16 of 1963);

  • Verified mail means any method of mailing that is offered by the

  • Tax return preparer means any individual described in Section 7701(a)(36) of the Internal Revenue Code and 26 C.F.R. 301.7701-15 .

  • Overnight care means care for a child between the hours of 10 PM and 6 AM, when four or more hours are during a child's normal sleeping hours.

  • return period means the period following expiry of the maximum parking stay in that parking place during which the driver shall not return the vehicle to the parking place;

  • Return Location means the location from which the Vehicle was hired and which is shown in Rental Vehicle Agreement Part A.

  • Postal service means the United States postal service.

  • Return Amount has the meaning specified in Paragraph 3(b).

  • By Mail By Overnight Courier: By Hand: X.X. Xxx 0000 000 Xxxxxxxx Xxxx 000 Xxxxxxxx Xxxx X. Xxxxxxxxxx, X.X. 00000-0000 Carlstadt, N.J. 07072 Carlstadt, N.J. 07072 Attn.: Reorganization Dept. Attn.: Reorganization Dept.

  • postal item means an item addressed in the final form in which it is to be carried, irrespective of weight. In addition to items of correspondence, such items also include for instance books, catalogues, newspapers, periodicals and postal packages containing merchandise with or without commercial value, irrespective of weight;

  • annual return means the return required to be made in the case of a company having a share capital, under section 132 and in the case of a company not having a share capital, under section 133;

  • Envelope is a portion of the Estimated Provincial Subsidy that is designated for a specific use. There are four Envelopes in the Estimated Provincial Subsidy as follows:

  • Mail means first-class letters and flats delivered via the United States Postal Service, including priority, express, and certified mail, and excluding packages, parcels, periodicals, and catalogues, unless they are clearly identifiable as pharmaceuticals or clearly indicate that they are sent by a state or county government agency.

  • Mass mailing means over two hundred substantially similar pieces of mail, but does not include a form letter or other mail that is sent in response to an unsolicited request, letter or other inquiry.

  • Rental Return Date means the return date listed on the car rental agreement.

  • State average current expense appropriations per student means the most

  • Messenger means the Insured or a partner of the Insured or any Employee who is duly authorized by the Insured to have the care and custody of the insured property outside the Premises.

  • Return Destination means the place to which the Insured expects to return from his/her Trip as shown in the Application.

  • Return Bid has the meaning assigned to such term in the definition of “Dutch Auction”.