Invoice Discount Sample Clauses
An Invoice Discount clause establishes the terms under which a buyer may receive a reduction in the invoiced amount if payment is made within a specified period. Typically, this clause outlines the percentage discount available and the timeframe in which payment must be received to qualify, such as a 2% discount if paid within 10 days. Its core practical function is to incentivize prompt payment by the buyer, thereby improving the seller’s cash flow and reducing the risk of late payments.
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Invoice Discount. All Supplier’s charges shall be based on a minimum shipment weight of 3,400 pounds. Supplier’s charges for household goods shipments shall be reduced by a discount range of between fifty-five (55) percent and sixty-eight (68) percent below the charges in Tariff 400-N and 104-G (subject to annual price adjustments per item 40 of 400-N) in effect on the date a shipment loads. Exact discount will be based on factors to be determined by the Supplier’s booking agent prior to loading. Supplier’s charges for storage-in-transit, warehouse handling and SIT transportation (Item 210) as described in Item 185 of Tariff 400-N and 104-G (subject to annual price adjustments per item 40 of 400-N) shall be reduced by fifty- five (55) percent. The foregoing discounts shall not apply to charges for services performed by third parties and valuation charges.
Invoice Discount. The Seller shall calculate the price for By-Products each week in accordance with Sections 2.1 and 2.2 above and shall then apply a discount of g percent g to the gross purchase price for the week, prior to applying the adjustment set forth in Section 2.4 below or any other credits or adjustments.
Invoice Discount. 3.1 RMH will provide MCI with early payment discount of one and a half percent (1.5%) of each weekly invoice paid within seven (7) days of receipt, net of any resolved disputed amount.
3.2 RMH will provide MCI with additional monthly invoice discounts equivalent to $[*] for the first twelve (12) months following the Effective Date and $[*] for the period commencing October 1, 2004 and ending September 30, 2005 (all such discounts shall be referred to as “Additional Discounts”). Except for the discounts set forth in Sections 1.4.1.2 and 3.1 of Schedule C (as amended herein), the Additional Discounts set forth in this Section 3.2 shall replace and supersede operational credits or other discounts referenced in the underlying Agreement or any predecessor agreement to the underlying Agreement.