Common use of Payment Date, Discounts Clause in Contracts

Payment Date, Discounts. If, in its discretion, XXXXX accepts any shipment ahead of schedule, XXXXX may make payments therefor on the basis of the scheduled delivery date. The date for the calculation of XXXXX'x entitlement to take a discount under any Supplier invoice will be the date materials acceptable to XXXXX are delivered, or the date an acceptable invoice is received, whichever is the later.

Appears in 3 contracts

Samples: Standard Terms and Conditions for Purchase, Standard Terms and Conditions for Purchase, Standard Terms and Conditions for Purchase

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Payment Date, Discounts. If, If in its discretion, XXXXX accepts any a shipment is accepted ahead of schedule, XXXXX Xxxxx Xxxx may still choose to make payments therefor therefore on the basis of the scheduled delivery date. The date for the calculation of XXXXX'x Xxxxx Xxxx’s entitlement to take a discount under any Supplier invoice will be the date acceptable materials acceptable to XXXXX are delivered, or the date an acceptable invoice is received, whichever is the later.

Appears in 1 contract

Samples: Purchase Agreement

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