Spend means the total monetary amount processed by the Cloud Service.
Spend has different meanings depending upon the specific Cloud Service to which it is applied: (i) For each Procurement Package: the total monetary amount of all purchase orders and non-po invoices processed by Customer through the Procurement Package in the applicable Subscription Term; excluding the monetary amount of transactions originating from any SAP Fieldglass cloud service and/or the SAP Ariba Spot Buy Feature during such Subscription Term; (ii) For SAP Ariba Catalog: the total monetary amount of Customer’s transactions in the applicable Subscription Term captured through the SAP Ariba Catalog Cloud Service’s “submitted shopping cart” message protocol; (iii) For SAP Ariba Supply Chain Collaboration for Buyers: the total monetary amount of transactions processed by Customer through the Cloud Service in the applicable Subscription Term using the solution capabilities calculated by adding the total monetary amount of any purchase orders and/or non-PO/SAR-based invoices received by or through the Ariba Network™ using the Cloud Service. (iv) For SAP Ariba Spend Analysis: ”Spend” or “Spend Data” mean each twelve (12) month set of accounts payable, travel & expense, and/or purchasing card data from Customer provided to SAP for data enrichment processing through the Cloud Service, including transaction data and data identifying Customer’s suppliers. (v) For SAP Ariba Payables Cloud Service: the meaning is set out in the SAP Ariba Payables Supplemental Terms and Conditions. (vi) For SAP Ariba Discount Management: the total monetary amount processed by Customer for payment term analysis-and-discounting but not processed for payments processed through the Cloud Service during the applicable Subscription Period. “Procurement Package” means the Cloud Services in the SAP Ariba Procurement portfolio focused on creation, approvals and processing of purchase orders and requisitions. The SAP Ariba Sourcing and Procurement Bundle is considered a “Procurement Package.”
Spend means the sum of (a) all amounts paid by BT to the Supplier; (b) all amounts invoiced by the Supplier but not yet paid; and (c) the value of all Purchase Orders issued (less any amounts that have been paid or invoiced against such Purchase Orders);
Examples of Spend in a sentence
For Public Sector entities: Public Sector Spend Budgets may be used instead.
For SAP Electronic Invoicing for Brazil (NFE-Inbound): only Spend Volumes in Brazil are to be considered.
It is clarified that the determination of what is classified as a Retail Spend is determined by Citibank in its absolute discretion.
Non-compliance penalties shall apply at the following rate: the difference in value between the Required Local Content Spend and the Actual Local Content Spend, plus 5% of such difference.
Please see Diverse Spend Reporting Frequently Asked Questions for additional information.
More Definitions of Spend
Spend means any funding committed and accrued to an Eligible Expenditure, as long as such activity is due for completion within the Funding Period.
Spend means any transaction executed for the purchase of goods or services usi ng the Card; “Supplier” means the third part supplier that the Bank has identified to provide the Benefits under the Wala’a Rewards Program; and
Spend means the level of spend (net of discount) incurred by you.
Spend. (abbreviation: “SPD”) has different meanings depending upon the specific SAP Cloud Service to which it is applied:
Spend has different meanings depending upon the specific Cloud Service to which it is applied: (i) For each Procurement Package: the total monetary amount of all purchase orders and non-po invoices processed by Customer through the Procurement Package in the applicable Subscription Term; excluding the monetary amount of transactions originating from any SAP Fieldglass cloud service and/or the SAP Ariba Spot Buy Feature during such Subscription Term; (ii) For SAP Ariba Catalog: the total monetary amount of Customer’s transactions in the applicable Subscription Term captured through the SAP Ariba Catalog Cloud Service’s “submitted shopping cart” message protocol; (iii) For SAP Ariba Supply Chain Collaboration for Buyers: the total monetary amount of transactions processed by Customer through the Cloud Service in the applicable Subscription Term using the solution capabilities calculated by adding the total monetary amount of any purchase orders and/or non-PO/SAR-based invoices received by or through the Ariba Network™ using the Cloud Service. (iv) For SAP Ariba Spend Analysis: ”Spend” or “Spend Data” mean each twelve
Spend means the amount of any goods and/or services purchased by a Contracting Body using one of the methods of payment that forms part of the Services provided by the Supplier under the relevant Call Off Agreement;