Percentage allowance definition

Percentage allowance means a percentage of the invoice price.
Percentage allowance. “PA” the meaning given in Section 9.4.4; The amount of the Actual Yearly Volume of Water Services of all Meters associated with the Discharge Point, expressed as a percentage, which is not discharged to the Scottish Water sewer for reasons such as evaporation loss or use in production;
Percentage allowance means a percentage of the invoice price. 58 ‘Pier to’, ‘container freight station to’ and ‘container base to’ mean that the carrier controls the loading. The cotton must be delivered to the carrier at the pier, container freight station or container base. 59 ‘Plated bale’ is a bale in which a layer of very different quality cotton appears on the outside of at least one side. 60 ‘Point of destination’ means the exact place where the cotton is delivered to the person who has ordered it, or is delivered to his agent, and where the carrier's responsibility ends. 61 ‘Point of origin’ means the exact place where the carrier or his agent receives the cotton and where the carrier’s responsibility begins. 62 ‘Prompt’ means within 14 days (two weeks). 63 ‘Shipment’ means the loading of cotton onto any means of transport for delivery from the seller or his agent to the buyer, or to a carrier who can provide a bill of lading or a combined transport document. 64 ‘Shipper's load and count’ means the shipper is responsible for the contents of the container. 65 ‘Shipping’ or ‘shipped’ means loading or loaded for shipment. 66 ‘Shipping documents’ means the document of title showing how the cotton is to be shipped under the contract. 67 ‘Strikes, riots and civil commotions insurance’ means insurance against the risks set out in the Institute Strikes Clauses (Cargo) or Institute Strikes Clauses (Commodity Trades), or similar clauses of other first-class insurance markets. 68 ‘Tare’ means the weight of wrapping, bands, ropes or wires used to cover cotton bales. 69 ‘To house’, ‘to container yard’ and ‘to door’ mean delivery to the warehouse or mill selected by the person who booked the freight. 70 ‘To pier’, ‘to container freight station’ and ‘to container base’ mean that the carrier will unload (de-van) at his warehouse in the port of destination, in a container freight station or container base. 71 ‘Usual control limit’ and ‘UCL’ mean the variation allowed in readings to account for the normal variation expected from different instruments, even if the same cotton is used. 72 ‘War risks insurance’ means insurance against the risks set out in the Institute War Clauses (Cargo) or Institute War Clauses (Commodity Trades), or similarclauses of other first-class insurance markets.

Examples of Percentage allowance in a sentence

  • Percentage allowance to the Contractor for overhead (including Bond Premiums) and profit for extra work performed by the Contractor's Subcontractors and supervised by the Contractor shall be five percent (5%).