Discount Period Clause Samples

The Discount Period clause defines the specific timeframe during which a buyer is eligible to receive a price reduction on goods or services, typically as an incentive for early payment. In practice, this clause outlines the start and end dates of the discount window and may specify the percentage or amount of the discount available if payment is made within that period. Its core function is to encourage prompt payment by offering a financial benefit, thereby improving the seller’s cash flow and reducing the risk of late payments.
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Discount Period. The duration of each Discount Period shall be as specified in the Request for Payment being either 30 days or 60 days and equal to the period to maturity of the ▇▇▇▇ of Exchange in consideration for which the Payment is made, provided that no Discount Period shall end on a date which falls after the Final Maturity Date. Where any Discount Period would otherwise end on a day other than a Business Day, the Discount Period shall end on the next preceding Business Day and the calculation of the Discounted Amount shall be made accordingly.
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Discount Period. The cash discount period, if any, as reflected in the Agreement, shall date from the first of the month following the date of the invoice, unless otherwise specified. The cash discount period of a corrected invoice will begin on the date received by Arcadia’s business office. In no case shall the discount period begin earlier than the date of receipt of Services.
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Discount Period. This Agreement shall become effective as of the effective date of the Service Agreement under Rate Schedule FT between Transco and Shipper for Transco’s MarketLink Expansion Project (“FT Agreement”) and shall remain in effect for a term coextensive with the term of such FT Agreement.
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Discount Period. 12 SECTION 4.03 Payments to the Agent.....................................13 SECTION 4.04 Payments by the Agent.....................................13 SECTION 4.05
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Discount Period. A. During the Discount Period, Customer will get [*] discount off of then-current list prices for N2 and C2 VMs, Cloud Machine Learning Engine (CMLE) and Cloud Vision API. B. During the Discount Period, Customer will also get a [*] discount off of then-current list prices for Coldline Storage.
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Related to Discount Period

  • Discount Percentage The Discount Percentage shall be based upon the monthly average of the net assets of all of the funds on Master Schedule A to Management Contracts (“Group Assets”), as may be updated from time to time, and the monthly average of the net assets of the Fund (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. After determination of the average Group Assets tier bound level in Master Schedule B to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, the Discount Percentage shall be determined on a cumulative basis pursuant to the schedule set forth in Master Schedule B to Management Contracts.

  • Payment Period Whenever a payment under this Agreement specifies a payment period with reference to a number of days, the actual date of payment within the specified period shall be within the sole discretion of Company.

  • Issuance Period Shelf Notes may be issued and sold pursuant to this Agreement until the earlier of (i) the third anniversary of the date of this Agreement (or if such anniversary date is not a Business Day, the Business Day next preceding such anniversary) and (ii) the thirtieth day after Prudential shall have given to the Company, or the Company shall have given to Prudential, a written notice stating that it elects to terminate the issuance and sale of Shelf Notes pursuant to this Agreement (or if such thirtieth day is not a Business Day, the Business Day next preceding such thirtieth day). The period during which Shelf Notes may be issued and sold pursuant to this Agreement is herein called the “Issuance Period”.

  • Settlement Period (a) For recording time worked, there shall be a settlement period of four weeks. (b) The settlement period shall commence at the beginning of a pay period.

  • Discount Rates 1.1 The discount rates applied to Comcast Phone purchases of BellSouth Telecommunications Services for the purpose of resale shall be as set forth in Exhibit E. Such discounts have been determined by the applicable Commission to reflect the costs avoided by BellSouth when selling a service for wholesale purposes. 1.2 The telecommunications services available for purchase by Comcast Phone for the purposes of resale to Comcast Phone’s End Users shall be available at BellSouth’s tariffed rates less the discount set forth in Exhibit E to this Agreement and subject to the exclusions and limitations set forth in Exhibit A to this Agreement.