Incremental Volume Discount definition
Incremental Volume Discount means a Conditional Volume Discount that is offered to a Commercial Health Insurer for which the price, discount, or rebate applies only to Purchases above the specified threshold. For purposes of this Final Judgment, the term “Incremental Volume Discount” does not include any price, discount, or rebate that is offered on condition that the Insurer's Purchases of Hospital Services from Defendant meet or exceed a specified percentage threshold of that Insurer's Purchases of Hospital Services in a defined geographic area.
Examples of Incremental Volume Discount in a sentence
Successful Respondent shall apply the following volume-based discounts for the total work delivered to Customers as per the following incremental volume discount tiers: Monthly Charges Incremental Volume Discount % Less than $2.25 Million 0% Between $2.25 Million & $2.75 Million 4% Between $2.75 Million & $3.25 Million 7% Above $3.25 Million 10% The foregoing discounts apply on an aggregate incremental tiers basis and not applied unilaterally to the entire sum of Charges.