Common use of Billing and Payment Responsibilities Clause in Contracts

Billing and Payment Responsibilities. In connection with all rights and responsibilities specified by Party A and Party B in any of subparts (a) through (d) of this Section, Party B shall be billed for, and shall make payment to PJM for, all charges, penalties, costs and fees. (If this option is not specified, PJM will issue xxxxxxxx to, and collect amounts due from, Party A.) _____ _____ In connection with all rights and responsibilities specified by Party A and Party B above, Party B is entitled to receive from PJM in Party B’s account all credits, revenues, distributions, and disbursements. (If this option is not specified, PJM will pay such amounts to Party A.)

Billing and Payment Responsibilities. In connection with all rights and responsibilities specified by Party A and Party B in any of subparts (a) through (d) of this Section, Party B shall be billed for, and shall make payment to PJM for, all charges, penalties, costs and fees. (If this option is not specified, PJM will issue xxxxxxxx to, and collect amounts due from, Party A.) _____ _____ In connection with all rights and responsibilities specified by Party A and Party B above, Party B is entitled to receive from PJM in Party B’s account all credits, revenues, distributions, and disbursements. (If this option is not specified, PJM will pay such amounts to Party A.)