Cash Discounts. The contractor is encouraged to offer cash discounts based on expedited payment by the State. The State will make efforts to take advantage of discounts. Should the contractor choose to offer cash discounts the following shall apply:
A. Discount periods shall be calculated starting from the next business day after the Using Agency has accepted the goods or services, received a properly signed and executed invoice and, when required, a properly executed performance security, whichever is latest; and
B. The date on the check issued by the State in payment of that invoice shall be deemed the date of the State's response to that invoice.
Cash Discounts. Cash discounts are to be taken when offered by vendors or suppliers.
Cash Discounts. Time in connection with any cash discount offered would be computed from the date of delivery and acceptance at the final destination or from the date at which a properly executed claim voucher is received if the latter date is later than the date of delivery and acceptance at the final destination.
Cash Discounts. Buyer does not waive rights to cash discount in the following events: (A) If shipment is delayed in transit beyond the discount period, or (b) if shipment does not go forward on the invoice date, or (C) if the normal shipping time is longer than the discount period. If Buyer returns invoices for correction, any discount period will be extended by the time measured between the date on which correct invoices are received by Buyer. In the event that Buyer is entitled to cash discounts for early payment, the period for payment shall not begin until receipt of the goods or services.
Cash Discounts. Cash discounts, if any, will be computed as commencing with the receipt of the invoice or of the Goods/Services, whichever is received later.
Cash Discounts. In the event the City is entitled to a cash discount for early payment of invoices, the period of computation for the cash discount will commence on the date of the City's receipt of an invoice completed in compliance with these Terms and Conditions. If an adjustment to payment is necessary due to damage to Goods, the cash discount period shall commence on the date the City approves the Goods in accordance with these Terms and Conditions.
Cash Discounts. In connection with the discount, if any, offered by SELLER for prompt payment, time will be computed from the latest of (i) the scheduled delivery date, (ii) the date of actual delivery, or (iii) the date an acceptable invoice is received by Areté. Payment is deemed to be made, for the purpose of earning the discount, on the date of mailing of BUYER's check or the date of BUYER's wire transfer of funds.
Cash Discounts. Time in connection with any discount offered will be computed from (i) scheduled delivery date, (ii) date of actual delivery, or (iii) date an acceptable invoice is received by Buyer's Accounts Payable Department, whichever is later. Payment is deemed to be made for purpose of earning a discount on the date of mailing of Buyer's check.
Cash Discounts. In connection with the discount, if any, offered by Seller for prompt payment, time will be computed from the latest of: (i) the schedule delivery date (ii) the date of actual delivery, or (iii) the date an acceptable invoice is received. Payment is deemed to be made for the purpose of earning the discount on the date of mailing of the Buyer's check. In addition to any other payment discount offered by Seller, Buyer shall receive a discount of three percent (3%) if Buyer makes payment within ten (10) days of the date determined by the formula recited in this section.
Cash Discounts. The Contractor offering the lowest bid shall be determined by comparing the gross individual unit prices, or the gross bid total, as applicable. Cash (early payment) discounts are not taken into consideration when selecting the lowest bid.
