Common use of Discounts, Rebates and Refunds Clause in Contracts

Discounts, Rebates and Refunds. Section 8.4.1 Cash discounts obtained on payments made by the Design-Builder shall accrue to the Department if (i) before making the payment, the Design-Builder included them in an Application for Payment and received payment therefor from the Department, or (ii) the Department has deposited funds with the Design-Builder with which to make payments; other cash discounts shall accrue to the Design-Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Builder shall make provisions so that they can be secured.

Appears in 7 contracts

Samples: Agreement, Agreement, Agreement

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Discounts, Rebates and Refunds. Section 8.4.1 9.4.1. Cash discounts obtained on payments made by the Design-Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Design- Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Builder shall make provisions so that they such amounts can be secured.

Appears in 5 contracts

Samples: Design Build Agreement, Design Build Agreement, Design Build Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.4.1 Cash discounts obtained on payments made by the Design-Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Builder shall make provisions so that they such amounts can be secured.

Appears in 3 contracts

Samples: Agreement, Design Build Agreement, Design Build Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.4.1 Cash discounts obtained on payments made by the Design-Design- Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Design- Builder shall make provisions so that they such amounts can be secured.

Appears in 3 contracts

Samples: Agreement, Agreement, Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.4.1 Cash discounts obtained on payments made by the Design-Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Design- Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Builder shall make provisions so that they such amounts can be secured.

Appears in 2 contracts

Samples: Agreement, Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.3.1 Cash discounts obtained on payments made by the Design-Design Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Design- Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Design Builder shall make provisions so that they such amounts can be secured.

Appears in 2 contracts

Samples: Design Build Agreement, Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.3.1 Cash discounts obtained on payments made by the Design-Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Builder. Trade discounts, rebates, refunds refunds, and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Builder shall make provisions so that they such amounts can be secured.

Appears in 1 contract

Samples: Agreement

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Discounts, Rebates and Refunds. Section 8.4.1 Cash discounts obtained on payments made by the Design-Design Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Design- Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Design Builder shall make provisions so that they such amounts can be secured. Amounts that accrue to the Department in accordance with the provisions of Section 0 shall be credited to the Department as a deduction from the Cost of the Work.

Appears in 1 contract

Samples: Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.4.1 Cash discounts obtained on payments made by the Design-Design Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Design Builder shall make provisions so that they such amounts can be secured.

Appears in 1 contract

Samples: Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.4.1 Cash discounts obtained on payments made by the Design-Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Design- Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Design- Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Builder shall make provisions so that they such amounts can be secured.

Appears in 1 contract

Samples: Agreement

Discounts, Rebates and Refunds. Section 8.4.1 9.4.1 Cash discounts obtained on payments made by the Design-Design Builder shall accrue to the Department if if: (i) before making the paymentsuch payment(s), the Design-Builder included them in an Application for Payment and received payment therefor from the Department, ; or (ii) the Department has deposited funds with the Design-Builder with which to make payments; such payment(s). All other cash discounts shall accrue to the Design-Design- Builder. Trade discounts, rebates, refunds and amounts received from sales of surplus materials and equipment shall accrue to the Department, and the Design-Design Builder shall make provisions so that they such amounts can be secured.

Appears in 1 contract

Samples: Agreement

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