VCAF definition

VCAF and together with VOMF, “Vision”).
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VCAF is deemed to mean “Administrative Rebate”; “Oregon Participants” is deemed to mean “Participating State Participants” and “DAS PS” is deemed to mean “Participating State” in all instances unless the context requires otherwise. Contractor shall remit the Administrative Rebate in the form of a check or EFT as required by the Participating State. The remit to address will be provided by the Participating State entering into an Addendum.” [PARTICIPANTS: Western States Contracting Alliance (herein WSCA) is a cooperative group contracting consortium for state government departments, institutions, agencies and political subdivisions (i.e., colleges, school districts, counties, cities, etc.,) for the states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Minnesota, Montana, Nevada, New Mexico, Oregon, South Dakota, Utah, Washington, Wisconsin and Wyoming} PARTICIPANTS: The NASPO ValuePoint Cooperative Purchasing Program participants and its member states.
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VCAF means Vendor Collected Administrative Fee.
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Examples of VCAF in a sentence

  • Contractor is not obligated to report or pay VCAF for sales of fuel or other Goods and Services.

  • If no Sales were made during the reporting quarter, then a Quarterly Sales Report shall still be submitted showing zero Sales and zero VCAF due.

  • Periscope shall also provide and discuss Quarterly Sales Reporting and VCAF remittance compliance data.

  • IT HVAR shall remit to DASPS a Vendor Collected Administrative Fee (VCAF) and Volume Sales Reports (VSR) as described in Exhibit C.

  • If such examination reveals underpayment of the VCAF, the Contractor shall immediately pay to Periscope the amount of deficiency.

  • The Contractor shall keep records of all Sales in sufficient detail to enable the State or Periscope to determine the VCAF payable by the Contractor.

  • The VCAF agrees to discuss with the Union any proposed changes in the Parking Program at which time the Union can make recommendations for changes and the VCAF will inform the Union and all employees prior to implementing any such changes.

  • VCAF payments to Oregon are to be effected by way of Automated Clearing House (ACH) transactions, a form of electronic transaction known as Electronic Funds Transfer (EFT) authorized for state business and adhered to by the Oregon State Treasury.

  • Each of VOMF and VCAF, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the Conversion, and has so evaluated the merits and risks of such investment.

  • Each of VOMF and VCAF is an entity duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization with full right, corporate or partnership power and authority to enter into and to consummate the transactions contemplated by this Agreement and otherwise to carry out its obligations hereunder and thereunder.