Common use of PRODUCT PRICE SAVINGS REBATE Clause in Contracts

PRODUCT PRICE SAVINGS REBATE. Following the close of every Rebate Period, a Product price savings rebate shall be computed and invoiced to Customer. The rebate for a particular Rebate Period shall equal that Rebate Period's Rebate Share multiplied by the difference between (a) the total value of all Products delivered to Customer in the Rebate Period and (b) the total value of those Products had Customer paid (i) in the First Rebate Period, the Initial Price for those Products, or (ii) in the subsequent Rebate Periods, the price in effect for those Products on the day before the first day of the Rebate Period. Customer agrees to pay any rebate within thirty (30) days of receipt of an invoice for the rebate. An example of such a calculation is shown in Exhibit G.

Appears in 6 contracts

Samples: Confidential Treatment (Cabletron Systems Inc), Confidential Treatment (Cabletron Systems Inc), Confidential Treatment (Riverstone Networks Inc)

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PRODUCT PRICE SAVINGS REBATE. Following the close of every Rebate Period, ---------------------------- a Product price savings rebate shall be computed and invoiced to Customer. The rebate for a particular Rebate Period shall equal that Rebate Period's Rebate Share multiplied by the difference between (a) the total value of all Products delivered to Customer in the Rebate Period and (b) the total value of those Products had Customer paid (i) in the First Rebate Period, the Initial Price for those Products, or (ii) in the subsequent Rebate Periods, the price in effect for those Products on the day before the first day of the Rebate Period. Customer agrees to pay any rebate within thirty (30) days of receipt of an invoice for the rebate. An example of such a calculation is shown in Exhibit G.

Appears in 1 contract

Samples: Flextronics International (Cabletron Systems Inc)

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