Upfront Discount definition
Examples of Upfront Discount in a sentence
Promotion Program and Partner NSD discounts can be granted in the form of Upfront Discount or back-end Rebate.
However, for Upfront Discount deals, any change or termination shall not apply to orders placed by the T1 Partner prior to HPE’s notification, except in the event of non-compliance with these Terms or of an obvious material error in the Product Promotion Program or Partner NSD that you should have noticed.
In addition, the Company agrees $750,000 of the Upfront Discount that would have otherwise been payable to JMP Securities LLC (“JMP Securities”) upon the First Closing Date, will be deferred and be deposited into the Trust Account (the “Additional Deferred Discount”), which will be paid to JMP Securities upon consummation of the Business Combination.
If this Agreement is terminated before the end of any Contract Year, Buyer shall repay to Cardinal Health the unearned portion of the annual Upfront Discount, which shall be repaid prorata based on the number of months remaining until the end of such Contract Year.