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

  • ACM IssuanceIn the event that Agency Debit Memos have been discovered as unjustified, an Agency Credit Memo will be issued to credit the respective amount.

  • For any credit, you will (a) provide a “Credit Memo” in a form acceptable to us briefly identifying the facts and send a true completed copy to the Customer, (b) send us or the Aggregator a copy of the Credit Memo when you next present any Transaction, (c) indemnify us against all liability, loss, claims and demands arising in connection with the adjustments and copies of Credit Memos and Transaction data given to Customers which differ from the originals.

  • You will not (a) refuse to exchange, return or adjust for a Transaction if such exchange, return or adjustment is permitted for a cash sale, (b) make cash refunds for any Transactions, (c) issue any Credit Memo with respect to goods or services paid for by cash with respect to which an adjustment is allowed.

  • All payments by Buyer shall be without deductions for back charges, set-offs, other accounts between Wastequip and Buyer and the like, which shall be settled independently of the payment of the Invoice, unless expressly allowed under an applicable Wastequip Credit Memo or alternate written approval; provided, however, that Wastequip reserves the right of set-off against Buyer and any affiliated entities thereof.

  • These charges will be raised by ADM for IATA Agents and invoiced to non-IATA Agents.On the other hand, an Agency Credit Memo (ACM) may also apply in cases such as e.g. erroneous over-collection in ticketed fare, wrong fare calculation or fare re-calculation when in favour of the customer eligible for refund.


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 refund of monies to the Agent based on overpayment to WestJet.
Credit Memo means a credit to the account of an Obligor. “Currency” means Dollars or Canadian Dollars, as applicable.
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 merchan- dise, 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 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 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, xxxx-xxxxx, 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.)