Examples of Discount date in a sentence
Buyer shall be entitled to initiate payment to Seller on the next business day following the Flat Discount Date and take the Flat Discount as if at initiated payment on the Flat Discount Date.
If Buyer and Seller agree that Buyer may take a fixed-percentage early payment discount (the “Flat Discount”) whereby Buyer will take the Flat Discount for initiating payment on or before a date certain prior to the Net Due Date or the Reset Net Due Date, if applicable (the “Flat Discount Date”), e.g. a […***…] discount for initiating payment on or before the […***…] after the Payment Start Date, and the Flat Discount Date falls on a weekend or a holiday.
If Buyer and Seller agree that Buyer may take a fixed-percentage early payment discount (the “Flat Discount’’) whereby Buyer will take the Flat Discount for initiating payment on or before a date certain prior to the Net Due Date or the Reset Net Due Date, if applicable (the “Flat Discount Date”), e.g., a […***…] discount for initiating payment on or before the […***…] day after the Payment Start Date, and the Flat Discount Date falls on a weekend or a holiday.
Buyer shall be entitled to initiate payment to Seller on the next business day following the Flat Discount Date and take the Flat Discount as if it initiated payment on the Flat Discount Date.
If the Flat Discount Date falls on a weekend or a holiday, payment will be initiated on the next business day net of the Flat Discount.