Notified Value definition

Notified Value. The amount of a Debt or credit note You Tell Us (before taking away any Reductions);

Notified Value means, in relation to any term, such value as the Secretary of State shall ascribe to that term in a written notice given to the licensee as soon as practicable after the date of grant of this licence.

Notified Value means, in relation to any term, such value as shall be

Examples of Notified Value in a sentence

• You will accept whatever decisions We make in doing this even if they reduce the Price of a Debt or result in a Debt being settled for less than its Notified Value.

• This will be begun by Us making the appropriate entries in the Records for its Notified Value.

• If the Client is required by the Bank to buy back from the Bank any Outstanding Debt or Ineligible Debt at a price equivalent to its Notified Value or the Prepayment paid in respect of it (Repurchase), the relevant Debt will vest in the Client once the Bank receives the Repurchase price.

• On the Client becoming Insolvent, ceasing to trade, failing to repay the entire Repurchase price required to be paid on the Termination Date, the Bank cancelling the Client’s agency or on or following a Termination Event, the Bank may immediately: debit the Memorandum Discounting Statement with an additional Administration Fee of five per cent of the Notified Value of the Debts then Outstanding or Notified to the Bank thereafter to cover the Bank’s additional administrative work.

• The Bank may permit a Customer further time to pay a Debt and/or may accept payment of a sum less than the Notified Value.

More Definitions of Notified Value

Notified Value means, in relation to any term, such value as shall be first ascribed to that term in a written notice given to the Licensee by the Authority as soon as practicable after the date of grant of this Licence;

Notified Value. The amount of a Debt including VAT as stated in an Invoice Schedule and before deducting any Allowances.

Notified Value. The amount of a Debt or credit note You Tell Us (before taking away any Reductions); “On Stop Date” The date upon which You would normally stop delivering goods or supplying services due to non- payment by a Customer (such date being as stated in the Agreement Details);

Notified Value the full amount of each Invoice given in a Notification (including any applicable tax or duty) and before any discount for prompt payment or otherwise; “Operating Conditions” the terms and conditions on which we will provide a Facility to you incorporated in the Agreement, signed by you for identification as amended, varied, supplemented or replaced from time to time;

Notified Value means the full value of each Receivable as represented in a Notification (including any applicable VAT or other Tax and before any discount for prompt payment, or otherwise).

Notified Value means the full face value of each Notified Invoice (including VAT and any other applicable Tax or duty thereon) owed from the Client or from a Client Group Company, as applicable, to the Supplier on the relevant Maturity Date, less any Credit Note(s) applied to such Notified Invoice;

Notified Value. The amount of a Debt or credit note Notified by the Customer. NRCID Site: xxxxx://xxx.xxxxxxxxxxxxxxxxxxxxxx.xxx Obligations: Any liability owed by the Customer to Barclays or any other company in the Barclays group including losses and contingent liabilities whether or not arising out of the Agreement, including liability as a Debtor for any Debt assigned to Barclays by any of the Customer’s suppliers or as a guarantor of another customer of Barclays. Outstanding: Wholly or partly unpaid. Overdue: A Debt which is Outstanding more than 60 days after its Due Date. Personal Information: Personal data and financial information about an individual. Prime Debtor Restriction: The maximum amount of all Outstanding Approved Debts or (in the case of a Non-Recourse Factoring Facility) Approved and Covered Debts due by a Debtor which is eligible for an Early Payment. Recourse: Barclays’ right to require the Customer to repay Early Payments.