Common use of Volume Discount Clause in Contracts

Volume Discount. ‌ Service Component Provider shall apply the following volume-based discounts for the total work delivered to Customers as per the following incremental volume discount tiers: Monthly Charges Incremental Volume Discount % Less than $2,099,999.99 0% Between $2.1 Million & $ 5,999,999.99 .05% Between $6 Million & $ 10,999,999.99 1% Between $11 Million & $ 15,999,999.99 1.5% Above $16 Million 2% The foregoing discounts apply on an aggregate incremental tiers basis and not applied unilaterally to the entire sum of Charges. For example, if the Monthly Charges equals $3M, the first $2,099,999.99 will be discounted by the first-tier percent and the second $900,000.01 will be discounted by the second-tier percent and so on.

Appears in 4 contracts

Samples: Master Services Agreement, pubext.dir.texas.gov, pubext.dir.texas.gov

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Volume Discount. Service Component Provider shall apply the following volume-based discounts for the total work delivered to Customers as per the following incremental volume discount tiers: Monthly Charges Incremental Volume Discount % Less than $2,099,999.99 0% Between $2.1 Million & $ 5,999,999.99 .05% Between $6 Million & $ 10,999,999.99 1% Between $11 Million & $ 15,999,999.99 1.5% Above $16 Million 2% The foregoing discounts apply on an aggregate incremental tiers basis and not applied unilaterally to the entire sum of Charges. For example, if the Monthly Charges equals $3M, the first $2,099,999.99 will be discounted by the first-tier percent and the second $900,000.01 will be discounted by the second-tier percent and so on.

Appears in 1 contract

Samples: pubext.dir.texas.gov

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