Common use of Rebates and Chargebacks Clause in Contracts

Rebates and Chargebacks. (a) From and after the Effective Date, Distributor shall be responsible for any rebate payments with respect to the Product, whether by agreement, government mandate or otherwise. (b) From and after the Effective Date, Distributor shall be responsible for all payments with respect to contract chargeback claims for the Product. (c) In consideration of Distributor's agreements contained in (a) and (b) above, Company shall pay or credit Distributor the amount of XXXXXXXXXXXX dollars ($XXXXXXX). (d) Nevertheless, for administrative convenience Company shall continue to make any chargeback or rebate payments with respect to the Product required under agreements, government mandates or otherwise which relate to the period prior to the Effective Date or to supply contracts not assigned or assignable under paragraph 12 or which are processed by the Company due to direct requests of a customer, provided that Distributor shall reimburse Company for all such payments.

Rebates and Chargebacks. (a) From and after the Effective Date, Distributor shall be responsible for any rebate payments with respect to the Product, whether by agreement, government mandate or otherwise. (b) From and after the Effective Date, Distributor shall be responsible for all payments with respect to contract chargeback claims for the Product. (c) In consideration of Distributor's agreements contained in (a) and (b) above, Company shall pay or credit Distributor the amount of XXXXXXXXXXXX [XXXXX] dollars ($XXXXXXX[XXXXX]). (d) Nevertheless, for administrative convenience Company shall continue to make any chargeback or rebate payments with respect to the Product required under agreements, government mandates or otherwise which relate to the period prior to the Effective Date or to supply contracts not assigned or assignable under paragraph 12 or which are processed by the Company due to direct requests of a customer, provided that Distributor shall reimburse Company for all such payments.