Common use of DISCOUNT STRUCTURE Clause in Contracts

DISCOUNT STRUCTURE. A. Contractor will provide a 5% discount when the annual sales volume exceeds $100,000. An additional 5% discount will apply when annual sales volume exceeds $200,000. B. Invoice payment discount: Contractor payment terms are 2%, net 10; therefore, a discount of 2% will apply if the invoice payment is received within 10 days of the invoice date.

Appears in 1 contract

Sources: Master Agreement

DISCOUNT STRUCTURE. A. Contractor will provide a 51% discount when the annual sales volume exceeds $100,000. An additional 5, 2% discount will apply when annual sales volume exceeds $200,000200,000 and 3% when annual sales volume exceeds $500,000. B. Invoice payment discount: Contractor payment terms are 21%, 10 days, net 1030; therefore, a discount of 21% will apply if the invoice payment is received within 10 days of the invoice date.

Appears in 1 contract

Sources: Master Agreement