Discount Level Sample Clauses
The Discount Level clause defines the specific percentage or amount by which the standard price of goods or services will be reduced for the buyer. Typically, this clause outlines the conditions under which the discount applies, such as volume thresholds, early payment, or promotional periods, and may specify whether the discount is applied to the total invoice or individual items. Its core practical function is to provide clear terms for price reductions, ensuring both parties understand the financial incentives and preventing disputes over pricing.
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Discount Level. An initial Discount Level, as stated in Schedule B, is to be fixed by mutual agreement, based on a predicted Aggregate Dollar Value of DISTRIBUTOR’s purchases within the first Ordering Period, derived from commitments, estimates, marketing plans and other information provided by the DISTRIBUTOR, and from criteria established by NSI including (if applicable) DISTRIBUTOR’s purchases in prior periods. Discounts COMPANY 11 DISTRIBUTOR * Denotes confidential information that has been omitted from the exhibit and filed separately, accompanied by a confidential treatment request, with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933. granted at the agreed Discount Level are not subject to b▇▇▇ back or retroactive adjustment because of DISTRIBUTOR’s failure to achieve the Aggregate Dollar Value associated with the agreed Discount Level. For purposes of this Agreement, Aggregate Dollar shall mean total sales out at the discounted price DISTRIBUTOR pays to NSI in a timely manner. This shall include re-licensing of Software to End Users, renewal of annual maintenance licenses; selling of pass through training; selling of packaged services. It does not include Licenses that have been bought and placed in Inventory (“Stocking Orders”) or Time and Material Services. When a license that was placed in inventory (from a Stocking Order) gets re-licensed to an End User, it then becomes sales out and goes into the Aggregate Dollar Total. Stocking orders will not be counted as Aggregate Dollar Value or towards the Marketing Development Fund until DISTRIBUTOR ships the software to its Customer.
Discount Level. An initial Discount Level, as stated in Schedule B, is to be fixed by mutual agreement, based on a predicted Aggregate Dollar Value of VAR’s purchases within the first Ordering Period, derived from commitments, estimates, marketing plans and other information provided by the VAR, and from criteria established by NSI including (if applicable) VAR’s purchases in prior periods. Discounts granted at the agreed Discount Level are not subject to b▇▇▇ back or retroactive adjustment because of VAR’s failure to achieve the Aggregate Dollar Value associated with the agreed Discount Level. Aggregate Dollar Value means the total dollar value (U.S.) of Licensed Software, Annual Maintenance Contracts, Pass Thru Training, and Packaged Services ordered by VAR and paid for in a timely manner. Stocking orders will not be counted as Aggregate Dollar Value or towards the Marketing Rebate or Marketing Development Fund until VAR ships the software to its Customer.
Discount Level. The discount effective on December 31, 2013 will remain in effect until year end order results for 2013 are finalized at which time Distributor shall be promptly notified of their beginning 2014 discount rates as described below. No partial retroactive credits will be permitted.
Discount Level. An initial Discount Level, as stated in Schedule B, is to be fixed by mutual agreement, based on a predicted Aggregate Dollar Value of DISTRIBUTOR’s purchases within the first Ordering Period, derived from commitments, estimates, marketing plans and other information provided by the DISTRIBUTOR, and from criteria established by NSI including (if applicable) DISTRIBUTOR’s purchases in prior periods. Discounts granted at the agreed Discount Level are not subject to b▇▇▇ back or retroactive adjustment because of DISTRIBUTOR’s failure to achieve the Aggregate Dollar Value associated with the agreed Discount Level. For purposes of this Agreement, Aggregate Dollar shall mean total sales out at the discounted price DISTRIBUTOR pays to NSI in a timely manner. This shall include re-licensing of Software to End Users, renewal of annual maintenance licenses; selling of pass through training; selling of packaged services. It does not include Licenses that have been bought and placed in Inventory (“Stocking Orders”) or Time and Material Services. When a license that was placed in inventory (from a Stocking Order) gets re-licensed to an End User, it then becomes sales out and goes into the Aggregate Dollar Total. Stocking orders will not be counted as Aggregate Dollar Value or towards the Marketing Development Fund until DISTRIBUTOR ships the software to its Customer.