Volume Rebate definition
Examples of Volume Rebate in a sentence
Annual Digital Spend - £4,500,000 – Media Volume Rebate 5% of total spend = £225,000 - Framework Public Body would receive £225,000.
The Framework Media Volume Rebate will be an annual percentage discount figure submitted by the Contractor and will be calculated using the total media spend (gross) against each medium at the end of each contract year.
Annual TV Spend - £1,000,000 - Media Volume Rebate 3% of total spend = £30,000 - Framework Public Body would receive £30,000.
If after such credit is applied any portion of the Printer Volume Rebate remains, Supplier will remit payment of such remainder to Amazon within 30 days of the applicable order.
If the Retailer is above the Volume Rebate Target in either category, the “bonus” amount would be paid as part of the true-up within thirty days after the Contract Year Close.