Annual Spend definition

Annual Spend. (abbreviation: SPD) has different meanings depending upon the specific Ariba Cloud Service to which it is applied. The various meanings are indicated below.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Annual Spend. (abbreviation: SPD) has different meanings depending upon the specific Ariba Cloud Service to which it is applied. The various meanings are indicated below. a) For Ariba Procure-to-Pay and Ariba Procure-to-Pay Federated Process Control: the total monetary amount of transactions processed by Customer through the Service in the applicable Contract Year calculated by adding the total monetary amount: (i) of invoices as calculated based upon the “Ok-to-Pay” message protocol generated after an invoice is reconciled in the Service; (ii) captured in the Service’s “Total Amount Accepted” field for all no-release contracts with only receiving (i.e., contracts for which no invoices are generated); (iii) of purchase orders for purchases made via purchase cards; and, (iv) of any purchase orders that are not included in, or created against an invoice described in, any of the foregoing categories; provided that such total would exclude the monetary amount of any Invoices received from the Ariba Document Automation Service or Ariba Collaborative Commerce Document Automation Service and any amounts from transactions originating from any Fieldglass, Inc. cloud service. Customer must enter all monetary amounts associated with each such transaction in the applicable field designed to capture such monetary amount. b) For Ariba Procure-to-Order and Ariba Procure-to-Order Federated Process Control: the total monetary amount of purchase orders created, and the receipts imported or entered, against no-release contracts in the Ariba Procure-to-Order Service by Customer in the applicable Contract Year. Customer must enter all monetary amounts associated with each such transaction in the applicable field designed to capture such monetary amount. c) For Ariba Procurement Content and Ariba Collaborative Commerce: the total monetary amount of Customer’s transactions in the applicable Contract Year captured through the Ariba Procurement Content Service’s “submitted shopping cart” message protocol. Customer must enter all monetary amounts associated with each such transaction in the applicable field designed to capture such monetary amount. d) For Ariba Spend Visibility Professional and Ariba Spend Visibility Basic (collectively, “Ariba Spend Visibility”): each twelve (12) month set of Spend Data (i.e., the twelve months of Spend Data for the initial Data Enrichment, and/or the aggregated Spend Data from either: (i) four quarterly refreshes, or (ii) twelve monthly refreshes). e) For SAP ...

Annual Spend means all sums paid by Customer (excluding credits and refunds) to Shutterstock during the 12-month period directly preceding the date on which Shutterstock receives from Customer timely notification of a claim.

Examples of Annual Spend in a sentence

• Annual Spend with Air Liquide UK Limited: £ Estimated Value of First Order: £ To: The Manager Bank/Building Society Address: Postcode: Originator’s Identification Number Name(s) of Account Holder(s) Bank/Building Society Account Number Branch Sort Code Air Liquide UK Limited Reference Number Signature(s): Date: Please pay Air Liquide UK Limited Direct Debits from the account detailed in this instruction subject to the safeguards assured by the Direct Debit Guarantee.

• April to March Annual Spend Yearly Report Highlighting spend over a specific period including product details/service/maintenance details, locations.

• The amount due by Customer for the difference between the Minimum Annual Spend applicable to each calendar year during the Order Form Term and the total fees already paid by Customer for such year (the "True Up") will be included in the last invoice of such calendar year.

• License pricing is based on number of Lines, number of Units, Annual Spend.

• The Annual Spend Rebate will be paid to University within sixty (60) days of the end of each calendar year.

• April to March Annual Spend Annually Report highlighting sales over a specific period, including Product code, description, Unit cost, number of transactions, unit sales, accumulative cost.

• Examples of our discount programs include: ❏ Rebates ❏ Volume Discounting ❏ Committed Annual Spend or Quantity ❏ Multi-Year Contracts ❏ Marketing Fund Reallocations ❏ Blanket Contract Orders ❏ Agency/Organization Type As a value-added reseller and IT integrator, Compulink has 100-plus manufacturer partner relationships and is authorized by the largest technology distributors in the U.S. We leverage our channel partnerships to provide cost-effective technology solutions for our public sector customers.

• Annual Spend with Air Liquide UK Limited: £ Estimated Value of First Order: £ To: The Manager Bank/Building Society Address: Postcode: Originator’s Identification Number Name(s) of Account Holder(s) Bank/Building Society Account Number Branch Sort Code Air Liquide UK Limited Reference Number Please pay Air Liquide UK Limited Direct Debits from the account detailed in this instruction subject to the safeguards assured by the Direct Debit Guarantee.

• The incentive(s)/rebate(s) offered hereunder are contingent on Participating Entity being in compliance with all terms and conditions set forth in this Agreement, including, where applicable, achieving Minimum Annual Spend.

• The Annual Spend Rebate will be made payable to Michigan State University and mailed to: MSU Procurement and Logistics, Attention: Accountant, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇.