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.
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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.
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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."
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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.

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

  • 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.

  • 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.

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

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

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

  • Prompt Payment Discounts 8 THE FOLLOWING CLAUSES PERTAIN TO TECHNOLOGY & NEGOTIATED CONTRACTS 33.

  • Statewide contracts are an easy way to obtain benefits for your organization by leveraging the Commonwealth’s buying power, solicitation process, contracting expertise, Prompt Payment Discounts, Supplier Diversity Plan, vendor management and oversight, and the availability of environmentally preferable products.


More Definitions of Prompt Payment Discounts

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.
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