Common use of Billing and Payment Methods Clause in Contracts

Billing and Payment Methods. You will be billed monthly for electricity supply provided hereunder via either (a) the Complete Billing Method, under which You will receive a single invoice from your LDC containing charges from both the LDC for its transmission, distribution, and other charges, and Mint Energy’s electric supply charges or (b) the Dual Billing Method, where the LDC and Mint Energy will xxxx for their respective charges separately. You may be assigned to either Billing Method at the sole discretion of Mint Energy. Any change to your Billing Method made by Mint Energy after your first xxxx has been sent will not be effective until at least 30 days have passed from sending of such notice. 1. Under the Dual Billing Method, payments for Mint Energy’s electric supply charge should be made directly to Mint Energy, to the address indicated on the invoice. Full payment due must be received by Mint Energy during normal business hours (i.e., by 5 p.m.) within twenty-five (25) calendar days from the date upon the invoice (“Payment Date”). Should such date fall on a weekend or nationally recognized holiday, such payment will be due on the next business day. If full payment is not received by the Payment Date, it will be considered late. Charges from your LDC for its transmission, distribution, and other charges will be sent to You by your LDC on a separate invoice, and shall be your sole responsibility. 2. Under the Complete Billing Method, payments should not be made directly to Mint Energy, but rather to your LDC. All payments should be made in accordance with your LDC’s applicable tariffs. Regardless of Billing Method, failure to make full payment on such terms will be considered a material breach of this Agreement, resulting in the imposition of late payment charges. Additionally, 3. Commented [TM12]: 2004.02

Billing and Payment Methods. You Customer will be billed monthly for electricity supply provided hereunder via either either (a) the Complete Billing MethodConsolidated Billing, under which You Customer will receive a single invoice from your LDC its EDC containing charges from both the LDC EDC for its transmission, distribution, and other charges, and Mint Energy’s electric supply charges or (b) the Dual Billing MethodBilling, where the LDC EDC and Mint Energy will xxxx for their respective charges separately. You Customer may be assigned to either Consolidated or Dual Billing Method at the sole discretion of Mint Energy. Any change to your Billing Method Customer’s billing method after Customer’s first xxxx made by Mint Energy after your first xxxx has been sent will not be effective until at least 30 days have passed from sending of such notice. 1. Under the Dual Billing Methodmethod, payments for Mint Energy’s electric supply charge should be made directly to Mint Energy, to the address indicated on the invoice. Full payment due must be received by Mint Energy during normal business hours (i.e., by 5 p.m.) within twenty-twenty five (25) calendar days from the date upon the invoice (“Payment Date”). Should such date fall on a weekend or nationally recognized holiday, such payment will be due on the next business day. If full payment is not received by the Payment Date, it will be considered late. Charges from your LDC the Customer’s EDC for its transmission, distribution, and other charges will be sent to You Customer by your LDC their EDC on a separate invoice, and shall be your the sole responsibilityresponsibility of Customer. 2. Under the Complete Billing MethodConsolidated Billing, payments should not be made directly sent to Mint Energy, but rather to your LDCCustomer’s EDC. All payments should be made in accordance with your LDCCustomer’s EDC’s applicable tariffs. 3. Regardless of Billing Methodbilling method, failure to make full payment on such terms will be considered a material breach of this Agreement, resulting in the imposition of late payment charges. Additionally, 3, Customer may be reported to a credit agency, and will subject Customer to default, termination, and other relevant ESA provisions. Commented [TM12]: 2004.02Late and partial payment balances will be subject to charges calculated and accrued on a daily basis at the maximum rate of interest permissible by law or applicable regulations. In addition, Customer will reimburse Mint Energy for any fees we incur related to late payments or insufficient credit, returned checks, or collecting Customer’s outstanding invoices, including reasonable attorney’s fees. Upon termination of this ESA, Customer agrees to pay invoices for any electric supply charges, or any portion thereof, that may be found to have been actually used by the Customer during the term of this ESA and not previously billed.

Billing and Payment Methods. You will be billed monthly for electricity supply provided hereunder via either (a) the Complete Billing Method, under which You will receive a single invoice from your LDC containing charges from both the LDC for its transmission, distribution, and other charges, and Mint Energy’s electric supply charges or (b) the Dual Billing Method, where the LDC and Mint Energy will xxxx for their respective charges separately. You may be assigned to either Billing Method at the sole discretion of Mint Energy. Any change to your Billing Method made by Mint Energy after your first xxxx has been sent will not be effective until at least 30 days have passed from sending of such notice. 1. Under the Dual Billing Method, payments for Mint Energy’s electric supply charge should be made directly to Mint Energy, to the address indicated on the invoice. Full payment due must be received by Mint Energy during normal business hours (i.e., by 5 p.m.) within twenty-five (25) calendar days from the date upon the invoice (“Payment Date”). Should such date fall on a weekend or nationally recognized holiday, such payment will be due on the next business day. If full payment is not received by the Payment Date, it will be considered late. Charges from your LDC for its transmission, distribution, and other charges will be sent to You by your LDC on a separate invoice, and shall be your sole responsibility. 2. Under the Complete Billing Method, payments should not be made directly to Mint Energy, but rather to your LDC. All payments should be made in accordance with your LDC’s applicable tariffs. 3. Regardless of Billing Method, failure to make full payment on such terms will be considered a material breach of this Agreement, resulting in the imposition of late payment charges. Additionally, 3, You may be reported to a credit agency, and You will be subject to default, termination, and other relevant ESA provisions. Commented [TM12]: 2004.02Late and partial payment balances will be subject to charges calculated and accrued on a daily basis at the annual interest rate of ten (10%) percent. In addition, You will reimburse Mint Energy for any fees we incur related to late payments or insufficient credit, returned checks, or collecting on any outstanding invoices, including reasonable attorney’s fees. Upon termination of this ESA, You agree to pay invoices for any electric supply charges, or any portion thereof, that may be found to have been actually used by You during the term of this ESA and not previously billed

Billing and Payment Methods. You Customer will be billed monthly for electricity supply provided hereunder via either either (a) the Complete Billing MethodConsolidated Billing, under which You Customer will receive a single invoice from your its LDC containing charges from both the LDC for its transmission, distribution, and other charges, and Mint Energy’s electric supply charges or (b) the Dual Billing MethodBilling, where the LDC and Mint Energy will xxxx for their respective charges separately. You Customer may be assigned to either Billing Method at the sole discretion of Mint Energy. Any change to your Customer’s Billing Method after Customer’s first xxxx made by Mint Energy after your first xxxx has been sent will not be effective until at least 30 days have passed from sending of such notice. 1. Under the Dual Billing MethodBilling, payments for Mint Energy’s electric supply charge should be made directly to Mint Energy, to the address indicated on the invoice. Full payment due must be received by Mint Energy during normal business hours (i.e., by 5 p.m.) within twenty-twenty five (25) calendar days from the date upon the invoice (“Payment Date”). Should such date fall on a weekend or nationally recognized holiday, such payment will be due on the next business day. If full payment is not received by the Payment Date, it will be considered late. Charges from your the Customer’s LDC for its transmission, distribution, and other charges will be sent to You Customer by your their LDC on a separate invoice, and shall be your the sole responsibilityresponsibility of Customer. 2. Under the Complete Billing MethodConsolidated Billing, payments should not be made directly to Mint Energy, but rather to your Customer’s LDC. All payments should be made in accordance with your Customer’s LDC’s applicable tariffs. 3. Regardless of Billing Method, failure to make full payment on such terms will be considered a material breach of this Agreement, resulting in the imposition of late payment charges. Additionally, 3, Customer may be reported to a credit agency, and will subject Customer to default, termination, and other relevant ESA provisions. Commented [TM12]: 2004.02Late and partial payment balances will be subject to charges calculated and accrued on a daily basis at the maximum rate of interest permissible by law or applicable regulations. In addition, Customer will reimburse Mint Energy for any fees we incur related to late payments or insufficient credit, returned checks, or collecting Customer’s outstanding invoices, including reasonable attorney’s fees. Upon termination of this ESA, Customer agrees to pay invoices for any electric supply charges, or any portion thereof, that may be found to have been actually used by the Customer during the term of this ESA and not previously billed.

Billing and Payment Methods. You Customer will be billed monthly for electricity supply provided hereunder via either either (a) the Complete Consolidated Billing Method, under which You Customer will receive a single invoice from your its LDC containing charges from both the LDC for its transmission, distribution, and other charges, and Mint Energy’s electric supply charges or (b) the Dual Billing Method, where the LDC and Mint Energy will xxxx for their respective charges separately. You Customer may be assigned to either Billing Method at the sole discretion of Mint Energy. Any change to your Customer’s Billing Method after Customer’s first xxxx made by Mint Energy after your first xxxx has been sent will not be effective until at least 30 days have passed from sending of such notice. 1. Under the Dual Billing Method, payments for Mint Energy’s electric supply charge should be made directly to Mint Energy, to the address indicated on the invoice. Full payment due must be received by Mint Energy during normal business hours (i.e., by 5 p.m.) within twenty-twenty five (25) calendar days from the date upon the invoice (“Payment Date”). Should such date fall on a weekend or nationally recognized holiday, such payment will be due on the next business day. If full payment is not received by the Payment Date, it will be considered late. Charges from your the Customer’s LDC for its transmission, distribution, and other charges will be sent to You Customer by your their LDC on a separate invoice, and shall be your the sole responsibilityresponsibility of Customer. 2. Under the Complete Billing Method, Method payments should not be made directly to Mint Energy, but rather to your Customer’s LDC. All payments should be made in accordance with your Customer’s LDC’s applicable tariffs. 3. Regardless of Billing Method, failure to make full payment on such terms will be considered a material breach of this Agreement, resulting in the imposition of late payment charges. Additionally, 3, Customer may be reported to a credit agency, and will subject Customer to default, termination, and other relevant ESA provisions. Commented [TM12]: 2004.02Late and partial payment balances will be subject to charges calculated and accrued on a daily basis at the maximum rate of one and one‐half percent (1.5%) per month. In addition, Customer will reimburse Mint Energy for any fees we incur related to late payments or insufficient credit, or collecting Customer’s outstanding invoices, including reasonable attorney’s fees. Moreover, returned checks or other dishonored payments will result in the application of a $35.00 insufficient funds fee. Upon termination of this ESA, Customer agrees to pay invoices for any electric supply charges, or any portion thereof, that may be found to have been actually used by the Customer during the term of this ESA and not previously billed.