Common use of Discount Clause in Contracts

Discount. In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date which appears on the payment check or the specified payment date if an electronic funds transfer payment is made.

Appears in 62 contracts

Samples: Contract Terms and Conditions (Ocean Power Technologies, Inc.), Ites 3h Oconus Terms and Conditions, Contract Terms and Conditions (Ocean Power Technologies, Inc.)

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Discount. In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date which that appears on the payment check or the specified payment date if an electronic funds transfer payment is made.

Appears in 18 contracts

Samples: Contract, Blanket Purchase Agreement, Blanket Purchase Agreement

Discount. In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date which appears on the payment check or the specified payment date if an electronic funds transfer payment is madewas made by CBO.

Appears in 4 contracts

Samples: Terms and Conditions Limited, Contract Clauses, Contract Clauses

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Discount. In connection with any discount offered for early payment, time shall be computed from the date of the invoice. For the purpose of computing the discount earned, payment shall be considered to have been made on the date date, which appears on the payment check check, or the specified payment date if an electronic funds transfer payment is made.

Appears in 1 contract

Samples: Contract (Orbimage Inc)

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