Incentive definition

Incentive means a term or condition whose purpose is to motivate the Contractor to provide supplies or services at lower costs, and in certain instances with improved delivery or technical performance, by relating the amount of profit or fee earned to the Contractor’s performance.
Incentive means a payment due to the Supplier, in accordance with the provisions of this Agreement, for any delivery, performance or outcome, as the case may be, which is better than the standards specified in respect thereof;
Incentive means any consideration provided by the Company, including buy downs, markdowns,rebates, bill credits, payments to third parties, direct installation, giveaways, and education, which encourages the adoption of program measures.

Examples of Incentive in a sentence

  • Subject to the sole discretion of the Board (or committee thereof), Executive may be granted equity awards, from time to time, under the Company’s 2017 Equity Incentive Plan or such other plan that the Company may adopt.

  • TIPS Members are entitled to inquire about general or project-specific Incentive or Grant Assistance offerings, if any are offered by the Vendor.

  • Vendors may submit general information related to their Incentive or Grant Assistance offerings for review and consideration by TIPS Member Customers by uploading the information in the response attachment location entitled "Supplemental Vendor Information." All information located in this upload location shall not be considered part of the TIPS Contract or "approved by TIPS".

  • Regardless of upload, TIPS Members are entitled to inquire about general or project-specific Incentive or Grant Assistance offerings, if any are offered by the Vendor.

  • Vendors may submit information related to Incentive or Grant Assistance offerings.


More Definitions of Incentive

Incentive means a court-ordered reduction in the terms or
Incentive means a court-ordered reduction in the terms or conditions of a community sentence which is given for exceptional performance or progress by the offender;
Incentive means a financial or other advantage;
Incentive means an Award under the Plan as defined by Section 2.2 of Article 2.
Incentive means any reimbursable or non-reimbursable credit enhancement or other grants of funds by or through the city to a PACE lender in connection with a PACE loan.
Incentive means one of the following given to a student or to the student's parent or guardian by an LEA or by a third party provider as a condition of the student's enrollment in an LEA or specific program for any length of time, during any school year:
Incentive. : The term Incentive means any incentive under the Plan described in Section 6.