Common use of PROMPT PAYMENT DISCOUNTS Clause in Contracts

PROMPT PAYMENT DISCOUNTS. The Contractor will allow a Prompt Payment Discount for payment made by the Town within the number of days from the date of receipt of the invoice, or the date of the receipt of the product or service, whichever occurs later as follows:

PROMPT PAYMENT DISCOUNTS. The Contractor will allow a Prompt Payment Discount for payment made by the Town within the number of days from the date of receipt of the invoice, or the date of the receipt of the product or service, whichever occurs later as follows:: Payment Issue Date w/in Prompt Payment Discount %