Credit Memo definition

Credit Memo means a credit to the account of an Obligor.
Credit Memo means the form reflecting a credit, other than a credit arising from a payment, to a Customer's Account.
Credit Memo means any credit, discount or allowance issued to cancel an invoice, cancel and replace an invoice, record a return, credit a customer for defective merchandise, adjust for new sales policy changes, credit a customer for goods and services taxes, provide a trade show credit or allow for other miscellaneous adjustments, in each case in the ordinary course of business of Servicer.

Examples of Credit Memo in a sentence

  • In the case of the Master Servicer, upon the issuance of a Credit Memo relating to a specific Receivable, the amount of such Credit Memo is applied against such Receivable, and the Unpaid Balance of such Receivable is aged in accordance with the original invoice date of such Receivable.

  • In the case of the Master Servicer, upon the issuance of a Credit Memo relating to a specific Receivable, the amount of such Credit Memo is applied against such Receivable, and the Unpaid Balance of such Receivable is aged in accordance with the original due date of such Receivable.

  • Interest charges will not apply for the period of original invoice to issuance of Credit Memo or Supplemental Invoice.

  • A Credit Memo or Supplemental Invoice will be issued for the Airframe Price Adjustment difference.

  • INDEMNIFICATION AGREEMENT BETWEEN MASSACHUSETTS FINANCIAL SERVICES COMPANY AND METROPOLITAN LIFE INSURANCE COMPANY THIS AGREEMENT (the "Agreement") is made and entered into this 1st day of May 2009, by and between MASSACHUSETTS FINANCIAL SERVICES COMPANY, a Delaware corporation ("MFS"), and METROPOLITAN LIFE INSURANCE COMPANY (the "Company"), on its own behalf and on behalf of segregated asset accounts of the Company (the "Accounts").


More Definitions of Credit Memo

Credit Memo means any credit memo relating to (a) the North American Aftermarket obsolescence, (b) the North American Aftermarket stock lifts, (d) the North American Aftermarket core deposits, (e) the North American Aftermarket billing adjustments, (f) the North American Aftermarket customer accommodation returns, (g) the North American Aftermarket other and (h)
Credit Memo shall have the meaning set forth in paragraph 2(e).
Credit Memo means a certificate, card, stored value card, or similar instrument issued in exchange for returned merchandise when the certificate, card, or similar instrument is redeemable for merchandise, food, or services regardless of whether any cash may be paid to the owner of the certificate, card, or instrument as part of the redemption transaction.
Credit Memo means a credit to the account of an Obligor. “Currency” means Dollars or Canadian Dollars, as applicable.
Credit Memo means a document submitted by Pep Boys into the GMAC CF/PrimeRevenue System that reflects any claims of Company related to the provision of goods and services by Supplier to Company, such as claims related to shipment, delivery, damage, defect, performance, failure to meet specifications, or failure to meet expressed or implied warranties.
Credit Memo. A document evidencing Seller’s reimbursement amount to Buyer. Credit Memos should reference specific Invoices.
Credit Memo means the entire amount which is determined as uncollectible account receivables, including but not limited to the invoiced amount of returned goods, any discount taken for any reason whatsoever, price adjustments, allowances, chargebacks, ▇▇▇▇-▇▇▇▇▇, or, any other miscellaneous charges. The calculation of the twenty-four percent Gross Product Profit threshold shall be done by Samsung, in its sole discretion in accordance with Samsung’s accounting policies and procedures, on a cumulative monthly running average basis for the calendar year. (For the avoidance of doubt, for example: If starting in January, at the end of January, Samsung will determine whether the Gross Product Profit is equal to or greater than 24%; at the end of February, Samsung will determine whether the average Gross Product Profit for January and February is equal to or greater than 24%; at the end of March, Samsung will determine whether the average Gross Product Profit for January, February, & March is equal to or greater than 24%, and so on.)