This letter is used by a company to deny the request of its client for additional discount on due and future payments.
This letter contains details about the current discount rate the company is offering to its clients. Such discount rate is a standard rate for all clients, and the company must ensure that there is no preferential treatment among its clients.
This document is intended for use in the United Arab Emirates.
This document is provided for reference only and is not intended to be, and should not be considered, legal advice. Determinations about whether this document will be appropriate in your particular situation or jurisdiction should be made after consultation with a legal counsel. Kanoony will not assume any legal liability that may arise from the use of this document.