Discounting Clause Samples
The Discounting clause establishes the terms under which a party is entitled to reduce the amount payable on an invoice or obligation, typically as an incentive for early payment or as a reflection of agreed commercial terms. In practice, this clause may specify the percentage or amount of the discount, the conditions that must be met to qualify (such as payment within a certain number of days), and any limitations or exclusions. Its core function is to encourage prompt payment and provide financial benefits to parties who meet the specified criteria, thereby improving cash flow and reducing credit risk.
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Discounting. We will provide all estimates on both discounted and undiscounted bases.
Discounting. Each Transmission Owner may advise the ISO of discounts to its TSC applicable during a specified period to all deliveries to a particular Interconnection between the NYCA and another Control Area. The ISO shall post the discounts on the OASIS for the specified period. Three principal requirements apply to discounts for Transmission Service as follows: (1) any offer of a discount made by a Transmission Owner must be announced to all Eligible Customers solely by posting on the OASIS; (2) any customer-initiated requests for discounts (including requests for use by a Transmission Owner's wholesale merchant or an Affiliate's use) must occur solely by posting on the OASIS; and (3) once a discount is negotiated, details must be immediately posted on the OASIS. For any discount that the Transmission Owner agrees to and advises the ISO of, the same discounted Transmission Service rate will be offered to all Transmission Customers for the same period for all deliveries to a particular Interconnection between the NYCA and another Control Area. The ISO will post the discounts on the OASIS for the specified period. 5018 Ramapo / Branchburg 500 O&R/PJM Con Ed/O&R ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇/ ▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇&▇ / NE Con Ed B3402 Farragut / ▇▇▇▇▇▇ 345 Con Ed / PJM Con Ed C3403 Farragut / ▇▇▇▇▇▇ 345 Con Ed / PJM Con Ed A2253 Goethals / Linden 230 Con Ed / PJM Con Ed FE Smithfield / Falls Village 69 CHG&E/NE CHG&E ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ / ▇▇▇▇▇▇▇ ▇ ▇▇▇ ▇▇▇▇ / ▇▇ LIPA 393 Alps / Berkshire 345 NMPC / NE NMPC 69 So. ▇▇▇▇▇▇ / Erie East 230 NMPC / PJM NMPC E205W Rotterdam / Bear Swamp 230 NMPC / NE NMPC BP76 Packard / Beck 230 NMPC / OH NMPC 171 Falconer / ▇▇▇▇▇▇ 115 NMPC / PJM NMPC 6 Hoosick / Bennington 115 NMPC /NE NMPC 7 Whitehall / Blissville 115 NMPC / NE NMPC 1 ▇▇▇▇▇▇▇▇ / Rosemont 115 NMPC / HQ NMPC 2 ▇▇▇▇▇▇▇▇ / Rosemont 115 NMPC / HQ NMPC ▇▇-▇▇ ▇▇▇▇▇▇ Road / Homer City 345 NYSEG / PJM NYSEG 30-HW Watercure / Homer City 345 NYSEG / PJM NYSEG 70-EH Hillside / East ▇▇▇▇▇▇▇ 230 NYSEG / PJM NYSEG 952 ▇▇▇▇▇▇ / ▇▇▇▇▇▇ Lake 115 NYSEG / PJM NYSEG 956 No. Waverly / East ▇▇▇▇▇ 115 NYSEG / PJM NYSEG J So. Mahwah / ▇▇▇▇▇▇▇▇ 345 O&R / PJM Con Ed/O&R K So. Mahwah / Walkwick 345 O&R / PJM Con Ed/O&R 7040 Massena / Chateaugay 765 NYPA / HQ NYPA NYPA PA302 Niagara / ▇▇▇▇ A 345 NYPA / OH NYPA PA301 Niagara / ▇▇▇▇ B 345 NYPA / OH NYPA L34P Moses / St. ▇▇▇▇▇▇▇▇ 230 NYPA / OH NYPA L33P Moses / St. ▇▇▇▇▇▇▇▇ 230 NYPA / OH NYPA PA27 Niagara / ▇▇▇▇ 230 NYPA / OH NYPA PV-20 Plattsburgh / Grand Isle 115 NYPA / NE ...
Discounting. If a party, its Sublicensees or their respective Affiliates sells a Product to a Third Party who also purchases other products or services from such party, its Sublicensees or their respective Affiliates, and such party, its Sublicensees or their respective Affiliates discounts the purchase price of such Product to a greater degree than it generally discounts the price of its other products or services to such customer, then in such case the Net Sales for the sale of such Product to such Third Party shall equal the arm’s length price that Third Parties would generally pay for the Product alone when not purchasing any other product or service from such party, its Sublicensee or their respective Affiliates. For purposes of this provision “discounting” includes establishing the list price at a lower-than-normal level.
Discounting. Neither Chiron nor its Affiliates shall discount the price of Licensed Products or agree to reduce the unit volume of purchases or sales of any Licensed Product in consideration of any price increase on, the receipt of any payment in connection with, or the entering of an arrangement for the purchase or sale (including, without limitation, any arrangement guaranteeing volume increases or minimum volume) of, a product other than a Licensed Product, or shall enter into any agreement for such purpose.
Discounting. Discounting transactions may be effected after a specific agreement has been entered into, in the form of discounting of commercial paper, assignment of debts created abroad, assignments of receivables under the Dailly Act or other types of assignment.
Discounting. If GNE or its Sublicensee sells any Product to a third party who also purchases other products or services from GNE or its Sublicensee, GNE agrees not to, and to require its Sublicensee not to, discount the sales price of the Products to a greater degree than GNE or its Sublicensee, respectively, generally discounts the price of its other products to such customer.
Discounting. Astellas, its Affiliates and Subdistributors shall set prices and discounts for the Product in the Territory solely in the interest of the commercial success of the Product in the Territory and not for the interest of its other products and services. However, the foregoing shall not be construed to dictate to Astellas, its Affiliates or Subdistributors any resale prices for the Products in the Territory.
Discounting. In the event that Licensee or a Related Party (each, a “Selling Party”) sell Licensed Product to a Third Party who also purchases other products or services from Licensee or such Related Party, and for the purpose of promoting the sale of such other products or services, such Selling Party discounts the purchase price of the Licensed Product to a greater degree than such Selling Party generally discounts the price of their other products or services to such customer then, in such case, for purposes of calculating the royalty owing to Licensor, the purchase price of the Licensed Product by Third Party shall be deemed to [***].
Discounting. Each Lender may arrange for a ▇▇▇▇ accepted by it to be discounted on its behalf in the London discount market or elsewhere or discount the ▇▇▇▇ itself.
Discounting. In the event that Zai or its Affiliate or Sublicensee (each, a “Selling Party”) sell Product to a Third Party who also purchases other products or services from Zai or its Affiliate or Sublicensee, and for the purpose of promoting the sale of such other products or services, such Selling Party discounts the purchase price of the Product to a greater degree than such Selling Party generally discounts the price of their other products or services to such customer then, in such case, for purposes of calculating the royalty owing to ▇▇▇▇▇▇▇▇, the purchase price of the Product by Third Party shall be deemed [***].