Controlled Business Arrangement. In exchange for being listed as a Preferred Vendor, advertising on our website, priority work order assignments for homes we manage, and referrals we may offer; the Vendor will agree to offer the best pricing possible and accept an additional 10% (Ten Percent) payment discount, to be retained by Manager. ● All estimates should be written with no discount shown (pre-discounted pricing). ● All invoices should include the term “10% discount upon payment”, either in payment term field or note field of invoice. The discount amount should not be calculated or shown on the invoice. Most accounting systems have mechanisms to account for this reduction of payment upon applying our payment.
Appears in 3 contracts
Samples: Preferred Vendor Agreement, Preferred Vendor Agreement, Preferred Vendor Agreement
Controlled Business Arrangement. In exchange for being listed as a Preferred Vendor, advertising on our website, priority work order assignments for homes we manage, and referrals we may offer; the Vendor will agree to offer the best pricing possible and accept an additional 10% (Ten Percent) payment discount, to be retained by Manager. ● All estimates should be written with no discount shown (pre-discounted pricing). ● All invoices should include the term “10% discount upon payment”, either in payment term field or note field of invoice. The discount amount should not be calculated or shown on the invoice. Most accounting systems have mechanisms to account for this reduction of payment upon applying our payment.
Appears in 1 contract
Samples: Preferred Vendor Agreement
