Common use of Cash Discounts Clause in Contracts

Cash Discounts. In the event the City is entitled to a cash discount for early payment of invoices, the period of computation for the cash discount will commence on the date of the City's receipt of an invoice completed in compliance with these Terms and Conditions. If an adjustment to payment is necessary due to damage to Goods, the cash discount period shall commence on the date the City approves the Goods in accordance with these Terms and Conditions.

Cash Discounts. In the event the City is entitled to a cash discount for early payment of invoices, the period of computation for the cash discount will commence on the date of the City's receipt of an invoice completed in compliance with these Terms and Conditionsthis Agreement. If an adjustment to payment is necessary due to damage to GoodsProducts, the cash discount period shall commence on the date the City approves the Goods Products in accordance with these Terms and Conditionsthis Agreement.