Discount Period Clause Samples
The Discount Period clause defines the specific timeframe during which a buyer is eligible to receive a price reduction on goods or services, typically as an incentive for early payment. In practice, this clause outlines the start and end dates of the discount window and may specify the percentage or amount of the discount available if payment is made within that period. Its core function is to encourage prompt payment by offering a financial benefit, thereby improving the seller’s cash flow and reducing the risk of late payments.
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Discount Period. The duration of each Discount Period shall be as specified in the Request for Payment being either 30 days or 60 days and equal to the period to maturity of the ▇▇▇▇ of Exchange in consideration for which the Payment is made, provided that no Discount Period shall end on a date which falls after the Final Maturity Date. Where any Discount Period would otherwise end on a day other than a Business Day, the Discount Period shall end on the next preceding Business Day and the calculation of the Discounted Amount shall be made accordingly.
Discount Period. The cash discount period, if any, as reflected in the Agreement, shall date from the first of the month following the date of the invoice, unless otherwise specified. The cash discount period of a corrected invoice will begin on the date received by Arcadia’s business office. In no case shall the discount period begin earlier than the date of receipt of Services.
Discount Period. This Agreement shall become effective as of the effective date of the Service Agreement under Rate Schedule FT between Transco and Shipper for Transco’s MarketLink Expansion Project (“FT Agreement”) and shall remain in effect for a term coextensive with the term of such FT Agreement.
Discount Period. 12 SECTION 4.03 Payments to the Agent.....................................13 SECTION 4.04 Payments by the Agent.....................................13 SECTION 4.05
Discount Period. A. During the Discount Period, Customer will get [*] discount off of then-current list prices for N2 and C2 VMs, Cloud Machine Learning Engine (CMLE) and Cloud Vision API.
B. During the Discount Period, Customer will also get a [*] discount off of then-current list prices for Coldline Storage.