Calculation of Rebate Clause Samples

The Calculation of Rebate clause defines how any rebates owed under the agreement are determined and calculated. It typically outlines the specific formula, criteria, or benchmarks used to assess the amount of rebate, such as sales volume thresholds, purchase amounts, or performance metrics. This clause ensures both parties have a clear and agreed-upon method for determining rebate amounts, thereby reducing the risk of disputes and promoting transparency in financial transactions.
Calculation of Rebate. The rate of Rebate to accrue and be payable over each Instalment for each Rebate Period is five per cent. (5%) per annum.
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Calculation of Rebate. The full per-drive rebate amount (the “Full Rebate”) available to TiVo hereunder shall be calculated by [*]. At the end of each [*], TiVo and TiVo Licensees shall report to Quantum [*].
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Related to Calculation of Rebate

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Calculation of Rent All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed over a year of three hundred sixty (360) days or, to the extent such Rent is based on the Prime Lending Rate, three hundred sixty-five (365) (or three hundred sixty-six (366), as applicable) days.

  • Determination of Applicable Interest Rate As soon as practicable on each Interest Rate Determination Date, Bank shall determine (which determination shall, absent manifest error in calculation, be final, conclusive and binding upon all parties) the interest rate that shall apply to the LIBOR Advances for which an interest rate is then being determined for the applicable Interest Period and shall promptly give notice thereof (in writing or by telephone confirmed in writing) to Borrower.

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.

  • Calculation of Overtime If the overtime work has been carried out before as well as after the regular working hours during a certain day, the overtime periods shall be added together. Only full half hours are included in the calculation.