CPC Account definition
Examples of CPC Account in a sentence
All payments hereunder shall be made without setoff or counterclaim, prior to 11:00 a.m., Denver, Colorado time, on the Payment Due Date or the Loss Date, as applicable, in immediately available funds or by electronic data interchange (“EDI”) to the CPC Account or as otherwise agreed between the parties (the “Due Date”).
Once the Monthly Account Limit has been reached during a billing cycle, charge privileges for Corporate Purchasing Cards issued on the CPC Account will be suspended until the beginning of the next billing cycle.
We may assign limits (“Card Functionality Limits”) to particular Corporate Purchasing Cards issued on the CPC Account based upon dollar amounts charged per billing cycle, the type of merchant establishments at which CPC Charges may be incurred, or other parameters you and we agree upon.
We may assign a monthly spending limit (the “Monthly Account Limit”) to the CPC Account.
The aggregate dollar amount of CPC Charges to Corporate Purchasing Cards issued on the CPC Account may not exceed the Monthly Account Limit.
Unless otherwise stated in this Financial Appendix, in order for you to be eligible to receive any Financial Incentive for any Contract Year, (a) the Aggregate E&I Member CPC-NACV must be at least US $75,000,000 for such Contract Year, and (b) Company must achieve a CHD Performance that is equal to or less than twenty (20) days on the CPC Account for such Contract Year.
All payments hereunder shall be made without setoff or counterclaim, prior to 11:00 a.m., Denver, Colorado time, on the Payment Due Date, the Extended Payment Due Date or the Loss Date, as applicable, in immediately available funds or by electronic data interchange (“EDI”) to the CPC Account or as otherwise agreed between the parties (the “Due Date”).
Except as specifically provided herein, the terms of this Agreement which are applicable to the CPC Account and/or Corporate Purchasing Cards shall apply to the CPC Department Account.