Paid basis definition

Paid basis means the application of a claim payment to the aggregate deductible for the benefit period in which the pay- ment is actually made, regardless of when the claim is incurred.
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Examples of Paid basis in a sentence

  • These orders will be shipped on a DDP (Delivery Duty Paid) basis, meaning that all taxes and duties are included in the price at checkout.

  • All Articles should be packed to the standard stipulated on the Purchase Order and be delivered on a Carriage Paid basis, to the address detailed on the Purchase Order.

  • The Supplier must deliver the Goods on a Delivered Duty Paid basis, insure the Goods in transit at their cost and pay for all shipping and freight costs in accordance with the International Chamber of Commerce Incoterms 2020.

  • Goods originating from outside the United Kingdom shall be delivered to the Purchaser on a Delivery Duty Paid basis (“DDP” as defined by Incoterms 2020) and the Supplier has included for offloading the Goods at the Delivery Address stated in the Order.

  • APETRA’s purchases take, in general, place on a DDP (Delivered Duty Paid) basis, whereby Seller delivers “in tank” and takes care of all logistical arrangements.

  • Unless specifically agreed otherwise and recorded in writing, all deliveries of Deliverables and Products will be delivered to Company on DDP (Delivery Duty Paid) basis as per Incoterms 2020 (subject to qualifications set out in this Agreement) at the location specified in the applicable SOW.

  • Supplier will deliver ordered Products in accordance with the specifications, drawings or approved samples, and at the prices and quantities in the Agreement, on a Delivery Duty Paid basis per INCOTERMS 2020 at the facility of Company or its designee identified in the Purchase Order for international shipments (and on an F.O.B. basis at the facility of Company or its designee identified in the Purchase Order for domestic shipments).

  • Failure to deliver by the agreed date shall enable ▇▇▇▇▇▇▇ DSG (at its option) to be released from any obligation to accept and pay for the Articles and/or cancel all or part of the order without prejudice to any other rights or remedies under the Contract.All Articles should be packed to the standard stipulated on the Purchase Order and be delivered on a Carriage Paid basis, to the address detailed on the Purchase Order.

  • T7.1 Foreign tenderer shall quote his prices on DDP (Delivery Duty Paid) basis from the nearest port of shipment to the destination at site at Central Park Depot Kolkata including unloading charges at site.

  • Eligible In-Transit inventory is on a Landed Duties Paid basis vs.

Related to Paid basis

  • Non-bid Basis means a contract awarded or executed by the Commonwealth with Contractor without seeking bids or proposals from any other potential bidder or offeror.

  • Adjusted Basis has the meaning given such term in Section 1011 of the Code.

  • Adjusted gross receipts means the gross receipts from casino gaming less winnings paid to winners.

  • Qualified Basis means the portion or percentage of the Eligible Basis that qualifies for the Tax Credit. It is calculated by multiplying the Eligible Basis by the Applicable Fraction.

  • Gross Asset Value means, with respect to any asset, the asset's adjusted basis for federal income tax purposes, except as follows: