Prompt Payment Discounts definition

Prompt Payment Discounts means any allowance for payment within a specified time, but shall not include discounts for cash made to the motoring public at motor fuel outlets.
Prompt Payment Discounts means any discounts, lower prices, rebates or other financial incentives offered to a dealer if that dealer pays its bills to Dentsply in a timely manner.
Prompt Payment Discounts. Notwithstanding that the Distributor may provide: two pricing schedules one with prices that are before prompt payment discount and the other with prices that are after prompt payment discount; or one pricing schedule that is after prompt payment discount, the Retailer may invoice the Consumer (implicitly or explicitly) for the prices after prompt payment discount with its own prompt payment discount added but the Tax Invoice information provided to the Distributor under clause 6.3.1 and payable to the Distributor under clause S6.4 will be based on the prices after prompt payment discount irrespective of whether or not the Consumer pays on time.

Examples of Prompt Payment Discounts in a sentence

  • Prompt Payment Discounts are not required but if not offering a discount, indicate by writing “zero”.

  • Prompt Payment Discounts for prompt payment offered may be taken into consideration during bid evaluation.

  • Prompt Payment Discounts offered will be applied at time of payment and shall not be considered in the award calculation.

  • Prompt Payment Discounts: Bidders are encouraged to provide prompt payment terms in the space provided on the Bid Form.

  • Prompt Payment Discounts are of greatest benefit to both the Commonwealth and the Contractor if the Contractor accepts payments through EFT.

  • The issuance date is the relevant date for Prompt Payment Discounts.

  • Prompt Payment Discounts should be negotiated for commodity and service contracts.

  • Prompt Payment Discounts should not be included in the summary of quoted premiums, but availability of these discounts should be indicated in the recommendations.

  • If an Amendment is being executed, the current Prompt Payment Discounts should be re-entered and verified as current or new Prompt Payment Discounts should be entered if more beneficial to the Commonwealth.

  • Example prompt payment options are: By checking this box, we certify that we will not offer any Prompt Payment Discounts ☐ ACH Payments/Supplier Portal: Vendors are highly encouraged to enroll for ACH payments.


More Definitions of Prompt Payment Discounts

Prompt Payment Discounts means the amount calculated in accordance with the formula of Schedule F-II hereto, which amount is denominated on such Schedule as "Z."

Related to Prompt Payment Discounts

  • Prompt Payment means a Payment within the time periods applicable pursuant to Sections 504.3 through 504.5 of this Exhibit in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • S&P Discount Factor means for purposes of determining the Discounted Value of any S&P Eligible Asset, the percentage determined by reference to the rating on such asset and the shortest Exposure Period set forth opposite such rating that is the same length as or is longer than the S&P Exposure Period, in accordance with the table set forth below:

  • Proposed Discounted Prepayment Amount has the meaning specified in Section 2.05(d)(ii).

  • Solicited Discounted Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Moody’s Discount Factor means the discount factors set forth in the Moody's Guidelines for use in calculating the Discounted Value of the Fund's assets in connection with Moody's long-term preferred share ratings of the VRDP Shares at the request of the Fund.

  • Specified Discount Proration has the meaning set forth in Section 2.05(a)(v)(B)(3).

  • Fitch Discount Factor means the discount factors set forth in the Fitch Guidelines for use in calculating the Agency Discounted Value of the Company’s assets in connection with Fitch’s ratings then assigned on the Preferred Shares.

  • Schedule of Discount Fractions The schedule setting forth the Discount Fractions with respect to the Discount Mortgage Loans, attached as an exhibit to the Series Supplement.

  • Merchant discount means the fee or negotiated discount charged to a merchant by the financial institution for the privilege of participating in a program whereby a credit card is accepted in payment for merchandise or services sold to the credit card holder.

  • Maturity Payment Amount shall have the meaning set forth in Section 2 of this Annex A.

  • Specified Discount Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Discount Range Prepayment Amount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Discount Amount means initially $6,549,982; provided that following any issuance of additional Class C(2020-5) Notes in accordance with Section 2.09, the Discount Amount shall mean the amount specified in the Notice of Additional Issuance.

  • Resale Discount means the applicable discount off retail rates applied to AT&T-21STATE Telecommunications Services resold by CLEC to its End Users. Any change to the rates, terms and conditions of any applicable retail Tariff is automatically incorporated herein and is effective hereunder on the date any such change is effective.

  • Specified Discount has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Solicited Discounted Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(D)(1).

  • Solicited Discount Proration has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Submitted Discount has the meaning set forth in Section 2.05(a)(v)(C)(1).

  • Solicited Discounted Prepayment Notice means an irrevocable written notice of a Borrower Solicitation of Discounted Prepayment Offers made pursuant to Section 2.11(a)(ii)(D) substantially in the form of Exhibit N.

  • Party A Payment Dates Each Quarterly Interest Payment Date from and including the Quarterly Interest Payment Date falling in {circle} 2004 up to the Termination Date and the Termination Date.

  • Discounted Prepayment Determination Date has the meaning set forth in Section 2.05(a)(v)(D)(3).

  • Solicited Discounted Prepayment Offer means the irrevocable written offer by each Term Lender, substantially in the form of Exhibit O, submitted following the Administrative Agent’s receipt of a Solicited Discounted Prepayment Notice.

  • Specified Discount Prepayment Response Date has the meaning set forth in Section 2.05(a)(v)(B)(1).

  • Specified Discount Prepayment Response means the irrevocable written response by each Term Lender, substantially in the form of Exhibit K, to a Specified Discount Prepayment Notice.

  • Age-based discount means a discount offered on selected hospital policies for persons and/or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of 10 per cent. Providing the person remains on an applicable hospital cover, they are entitled to the discount until they turn 41 at which time the discount will decrease at the rate of two per cent per year for up to five years, so that no age-based discounts are available after the age of 45.

  • Discount Factor means the percentage discount applied to additional APCs when more than one APC is provided during the same visit (including the same APC provided more than once). Not all APCs are subject to a discount factor.