Prompt Payment Discount. 10 days (e. g. 1% 10 days, 2% 10 days)
Prompt Payment Discount means any discount or reduction, given in respect of the relevant year (quantified on the assumption of 3300 kWh annual consumption for a Standard Domestic Tariff, and on the basis of 6600 kWh annual consumption for a Domestic Economy 7 Tariff), for the prompt or timely payment of bills by cash or cheque, compared with the charge which would be made where payment is not made promptly or on time.
Prompt Payment Discount means the discount provided to Customers for the purchase of Caphosol within the US only, where the Customer pays their outstanding liability for product within thirty-one (31) days of receipt of that product;
Examples of Prompt Payment Discount in a sentence
Indicate below the prompt payment discount that Proposer will provide to University: Prompt Payment Discount: _____%_____days/net 30 days.
The Prompt Payment Discount “Clock” begins at the date of receipt of the invoice, or the date of the receipt of the product or service, whichever occurs later.
If a Contractor accepts a Prompt Payment Discount, then all authorized Resellers shall also accept a Prompt Payment Discount.
If a Contractor offers a discount for prompt payment, the Contractor shall include the terms of the discount on all invoices, the amounts which are due if the Authorized User meets the terms, and the number of days for which the Prompt Payment Discount offer applies.
Prompt Payment Discount: The City will calculate and reduce the pricing submitted by applying any prompt payment discounts.
More Definitions of Prompt Payment Discount
Prompt Payment Discount means any discount or reduction, given in respect of the relevant year (quantified on the assumption of 3300 kWh annual consumption for a Standard Domestic Charge, and on the basis of 6600 kWh annual consumption for a Domestic Economy 7 Charge), for the prompt or timely payment of bills by cash or cheque, compared with the charge which would be made where payment is not made promptly or on time. "RPI\\t\\" means the percentage change (whether of positive or a negative value) in the arithmetic average of the Retail Price Index numbers published or determined with respect to each of the six months July to December (inclusive) in relevant year t-l and the arithmetic average of the Retail Price Index numbers published or determined with respect to the same months in relevant year t-2.
Prompt Payment Discount. 1% 20 Days”).
Prompt Payment Discount has the meaning given to it in paragraph 5.8 of Schedule 5 (Payment Mechanism);
Prompt Payment Discount. The reduction of the sponsor’s invoice by an agreed upon percentage when the contractor receives payment within a specified number of days.
Prompt Payment Discount means a provision in a procurement contract that enables the procuring entity to receive a discount in return for payment earlier than required by the contract; and
Prompt Payment Discount means any discount or reduction, given in respect of the relevant year (quantified on the assumption of 3300 kWh annual consumption for a Standard Domestic Charge, and on the basis of 6600 kWh annual consumption for a Domestic Economy 7 Charge), for the prompt or timely payment of bills by cash or -71-
Prompt Payment Discount. ______days. (If no discount is offered, Net 30 will apply.) Please check the following blanks which apply to your company: Ownership of firm (51% or more): Non-minority Hispanic African-American --- --- --- Other Minority (specify) --- ------------------------------- Female Owned Handicapped Owned --- --- Small Business (less than $1 million annual receipts or 100 employees) --- Indicate Status: Partnership X Corporation Sole Proprietorship --- --- --- Other (specify) --- ------------------------- FOR CITY USE ONLY AWARD ------------------------------------------------------------------------------- Items Accepted: Ordinance No: Date: Amount: ------------------------------------------------------------------------------- Approved: CITY OF SAN ANTONIO ----------------------------