Common use of Discounts, Rebates and Refunds Clause in Contracts

Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 8 contracts

Samples: Construction Manager/General Contractor Contract, Cm/Gc Contract, Construction Manager/General Contractor Contract

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Discounts, Rebates and Refunds. 10.1 Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 6 contracts

Samples: Cm/Gc Contract, Cm/Gc Contract, Construction Manager/General Contractor Contract

Discounts, Rebates and Refunds. Discounts, Rebates, and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to Owner, and the CM/GC shall make provisions so that they can be secured. The CM/GC shall notify the Owner of provisions that will be required of the Owner to secure trade discounts, rebates, and refunds as described in this Article 10.

Appears in 5 contracts

Samples: Cm/Gc Contract, Construction Manager/General Contractor Contract, Construction Manager/General Contractor Contract

Discounts, Rebates and Refunds. 10.1 Discounts, Rebates, and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 4 contracts

Samples: Cm/Gc Contract, Cm/Gc Contract, Construction Manager/General Contractor Contract

Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to OwnerOwner if Owner has provided funding in advance; otherwise discounts shall accrue to CM/GC. Trade discounts, rebates, refunds refunds, and net amounts amount received from sales of surplus materials and equipment shall accrue to Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 2 contracts

Samples: Construction Manager/General Contractor Contract, Cm/Gc Contract

Discounts, Rebates and Refunds. 11.1 Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to the Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 2 contracts

Samples: Cm/Gc Contract, Cm/Gc Contract

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Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to the Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 1 contract

Samples: Construction Manager/General Contractor Contract

Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to the Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to the Owner, and the CM/GC shall make provisions so that they can be securedto secure the discounts, rebates, refunds and net amounts.

Appears in 1 contract

Samples: Construction Manager/General Contractor Contract

Discounts, Rebates and Refunds. 9.1 Discounts, Rebates and Refunds. Cash discounts obtained on payments made by the CM/GC shall accrue to Owner. Trade discounts, rebates, refunds and net amounts received from sales of surplus materials and equipment shall accrue to Owner, and the CM/GC shall make provisions so that they can be secured.

Appears in 1 contract

Samples: Cm/Gc Agreement

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