FEE DISCOUNT Clause Samples
A Fee Discount clause establishes the terms under which a party is entitled to pay reduced fees for goods or services. Typically, this clause specifies the conditions that must be met to qualify for the discount, such as early payment, volume purchases, or meeting certain performance criteria. Its core practical function is to incentivize desirable behaviors—like prompt payment or larger orders—by offering financial benefits, thereby aligning the interests of both parties and potentially improving cash flow or sales volume.
FEE DISCOUNT a. Fee discounts apply for the third, fourth and subsequent children provided the students are attending the College concurrently. To be eligible for this discount you must be the full fee payer of at least three students attending the College. The fee for the third child will be discounted by 25 per cent and fees for the fourth and subsequent children will be discounted by 50 per cent. Requests for sibling discounts should be forwarded to the finance department on ▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.▇▇▇.▇▇ for assessment.
FEE DISCOUNT. Notwithstanding the foregoing or anything else set forth in this Supplement B6, after Motorola has received GSG Fees with respect to HDD Software and the TRIO Software in the amount of Seven Hundred Seventy Eight Thousand Dollars ($778,000.00) then, if no ongoing development work continues, the GSG Fees payable with respect to the HDD Software and TRIO Software (as set forth on Schedule V to this Supplement B6), will be discounted by twenty percent (20%).
FEE DISCOUNT. A team which has one or more Individual Members of FCRCC on its Roster is eligible for a 5% discount on Team fees, per Member. To obtain the discount:
a) The Team’s Roster must be submitted no later than March 8th of the Active Season, with the FCRCC Individual Members indicated on that.
b) FCRCC will verify that the indicated people are currently Individual Members in good standing of FCRCC, and that those people are not listed on the Roster of any other Team which has previously obtained the discount. FCRCC will then calculate the applicable discount & apply it to the Team’s fees, determine the balance owed to FCRCC (or to the Team, if the discount is more than 50%), and inform the Team Manager of that final amount.
c) The Team must pay the final amount no later than March 15th of the Active Season.
FEE DISCOUNT. 18.1 A Full-Time Employee is entitled to receive a tuition fee discount of 25% for each of the Employee’s children attending the College.
18.2 A Part-Time Employee with a time fraction of between 0.5 and 1.0 will receive a tuition fee discount calculated at 25% times the actual time fraction worked.
18.3 Full-Time Employees and Part-Time Employees with a time fraction of 0.5 or greater are entitled to receive a discount off before and after school care of 100% provided the child is a student at the College.
18.4 Full-Time Employees and Part-Time Employees with a time fraction of 0.5 or greater are entitled to receive a 25% discount on the College’s holiday program fees whether their child is a student of the College or not.
18.5 Any Employee who is required to work during the holiday program is entitled to a 100% discount, whether their child is a student of the College or not.
18.6 An Employee who has Continuous Service with the College for more than five years will receive an additional tuition fee discount of 2.5% per year up to a maximum additional discount of 25%. Periods of unpaid leave do not break Continuous Service, and do not add to the calculation of the total period of Continuous Service. For a Part-Time Employee this additional discount will be pro rata in line with the Employee’s actual time fraction averaged over the last three years.
18.7 The Fee Discount will apply to total tuition fees but does not include additional camps or trips that are billed separately.
18.8 Clauses 18.1, 18.2, 18.3, 18.4, 18.5, 18.6 & 18.7 apply to all permanent Employees only.
FEE DISCOUNT. In connection with any Rental Car Financing, if the ROFR Option 1 Condition is satisfied, the applicable Apollo Entity shall discount any up-front fees or structuring fees payable to such Apollo Entity in connection with such Rental Car Financing by an amount equal to 0.3125% of the amount of any such up-front fees or structuring fees so payable to such Apollo Entity (which fees shall be at the prevailing market rate for similar Rental Car Financing).
FEE DISCOUNT. 19.1. A Full-Time Employee is entitled to receive a tuition fee discount of 25% for each of the Employee’s children attending the College.
19.2. A Part-Time Employee with a time fraction of between 0.5 and 1.0 will receive a tuition fee discount calculated at 25% times the actual time fraction worked.
19.3. Full-Time Employees and Part-Time Employees with a time fraction of 0.5 or greater are entitled to receive a discount off before and after school care of 100% provided the child is a student at the College.
19.4. Full-Time Employees and Part-Time Employees with a time fraction of 0.5 or greater are entitled to receive a 25% discount on the College’s holiday program fees. Any Employee who is required to work during the holiday program is entitled to a 100% discount.
19.5. An Employee who has Continuous Service with the College for more than five years will receive an additional tuition fee discount of 2.5% per year up to a maximum additional discount of 25%. Periods of unpaid leave do not break Continuous Service, and do not add to the calculation of the total period of Continuous Service. For a Part-Time Employee this additional discount will be pro rata in line with the Employee’s actual time fraction averaged over the last three years. 19.6. Clauses 19.1, 19.2, 19.3, 19.4 & 19.5 apply regardless of the mode of employment under clause 8.
