Billing and Settlement Clause Samples

Billing and Settlement. In the event that Back-Up Operation is implemented, the billing and settlement procedures contained in Section 2.7 of this ISO OATT shall apply only to the extent they can be implemented by the Back-Up Operation procedures. The ISO will develop and apply as necessary modified billing and settlement procedures for use under the specific circumstances that required Back-Up Operation. The ISO shall gather necessary information, manually reconstruct the billing information as soon as practical, and submit invoices to Transmission Customers. The ISO shall be under no obligation to comply with the billing procedure time limits specified in Article 2.7. Neither the ISO nor the Transmission Owners shall be liable, under any circumstances, for any economic losses suffered by any Transmission Customer, Market Participant, or third party, resulting from the implementation by the ISO of Back-Up Operation or from compliance with orders issued by the ISO or Transmission Owners that were necessary to operate the NYCA in a safe and reliable manner. Such orders may include, without limitation, instructions to generation facilities to increase or decrease output, and instructions to Load to reduce or interrupt service.

Billing and Settlement. 7.1 Billing 23 7.2 PJM Billing 24 7.3 Payment of the Invoice 24 7.4 Netting of Payments 24 7.5 Billing Disputes and Adjustments of Invoices 24 7.6 Interests on Unpaid Balances 26

Billing and Settlement. Charges start on the date the filled up box(es) and/or item(s) are picked up and it ceases the day after the termination.

Billing and Settlement. 6.1 The Communication Fees and the Information Service Charges shall be charged by Party A on a uniform basis, and no fees will be charged by Party B. Please refer to Exhibit 1 for the details of billing and settlement in respect of the Mobile Data Service. 6.2 All communication fees arising from the use by the Subscribers or Party B of the Mobile Communication Network of Party A shall inure to the benefit of Party A. 6.3 Revenues from the Information Service Charges generated by the Mobile Data Service of Party B shall be shared by Party A and Party B in a certain proportion. The entitlement of Party A to the revenues is the result of its provision of the following services: the provision of resources on network subscribers of the Mobile Communication Network, related service platform, tests on business and quality control service, unified client service and marketing of service, information fee collection service and/or fee calculation service, etc. 6.4 If any Subscribers refuse to pay the Information Service Charges due to the quality of Party B’s service, Party B shall pay not only the exact amount of the Communication Fees arising from the use of the Mobile Communication Network of Party A, but also the share receivable by Party A from the Information Service Charges in accordance with the percentage specified in Exhibit 1 hereof. 6.5 Party B shall provide Party A with the basis of service charges in the form of data as provided by Party A. The final basis of service charges shall be confirmed and passed by Party A. Any change in the price of the services of Party B shall be officially put into practice subject to the approval of Party A. 6.6 Party B shall provide Party A with official invoices upon and after the settlement of the Information Service Charges with Party A. 6.7 Party A shall, within the given period, pay Party B in full the post-settlement Information Service Charges in a manner mutually agreed by the parties.

Billing and Settlement. (1) The communication fee shall be determined by Party A and charged according to its requirement. Any income arising from the communication fee shall belong to Party A. A. A unified information service fee will be charged for 10159 service throughout the whole country. The communication fee will be calculated by mobile switch (MSC). The information service fee will be calculated when the voice service is connected with gateway (VAG) in each province. B. 10159 communication fee: pre-pay subscriber and after Pay subscriber communication fee shall be RMB0.2/minute. Traveling subscriber communication fee shall be charged in accordance with the existing information service fee policy. The air time fee and information fee in connection with MT that is sent by Party B shall be settled in accordance with the charge rate as required in the “Procedures for Administration of Voice Value-added Service”. (2) The information service fee shall be priced and implemented by Party B in accordance with the “Procedures for Administration of Voice Value-added Service”. (3) The parties shall share the information service fee in accordance with the settlement method as agreed by them. (4) The revenue sharing basis of the parties shall be the total information service fees receivable after deduction of 8% bad debt.

Billing and Settlement. The provisions of Schedule 11 shall have effect.

Billing and Settlement. ‌ 8.1 Companies Statement‌ Subject to Section 8.2, the Companies and the ▇▇▇▇ Supplier shall pay all amounts due to each other hereunder in accordance with the following provisions: (a) for each Billing Month, the Companies will prepare and provide an invoice to the ▇▇▇▇ Supplier, which will show (i) amounts due to the ▇▇▇▇ Supplier equal to the Price multiplied by the PMEA, (ii) the PMEA/FMEA Adjustment from such Billing Month, if any, and (iii) all Charges due to the Companies incurred during the Billing Month (the “Statement”). The Companies will determine the total amount payable by one Party to the other Party by netting the aggregate amounts due and owing to one Party against the aggregate amounts due and owing to the other Party, with the Party, if any, owing the greater aggregate amount paying the other Party the difference between the amounts owed. For any amounts due and owing the Companies, the Companies will specify in each Statement how the amounts will be allocated among the Companies. In the case of the PMEA/FMEA Adjustment, the allocation will be based on the respective ▇▇▇▇ Loads of the Companies. (b) The Statement will be sent to the ▇▇▇▇ Supplier within six (6) Business Days after the end of the Billing Month as provided in Section 13.1. (c) The Companies or the ▇▇▇▇ Supplier, as the case may be, will make payment on the first (1st) Business Day after the nineteenth (19th) day of each calendar month. (d) All payments shall be subject to adjustment for any arithmetic errors, computation errors, or other errors, provided that the errors become known within one (1) year of the earlier of (i) end of the Term or (ii) the Early Termination Date. (e) The Companies or the ▇▇▇▇ Supplier, as the case may be, shall make payments of funds by electronic transfer to a bank designated by the Companies and the ▇▇▇▇ Supplier, as applicable. (f) If a good faith dispute arises between the Companies and the ▇▇▇▇ Supplier regarding a Statement, the disputing Party shall be obligated to pay only the undisputed portion of the Statement, if any, and shall present the dispute in writing and submit supporting documentation to the non-disputing Party within one hundred twenty (120) calendar days from the date of the Statement in dispute. Statement disputes must be addressed promptly, and in accordance with the dispute resolution procedures set forth in Article 10. Upon resolution of a Statement dispute, any payments made to either Party will include simple interest...

Billing and Settlement. 7.1 The prices of information fee shall be formulated by Party B and approved by Party A in principle, provided that Party A may propose advice regarding fee rate and negotiate such proposal with Party B. any changes to the prices of information fee (including the changes in means of fee charging) may be implemented formally only after confirmed by Party A. All billing and settlement shall be subject to the provisions of Management Measures for Cooperation in Mobile Game Business (V1.0). 7.2 The successful charging ▇▇▇▇ collected on Party A’s billing system shall be used by the Parties as the basis for settlement of information fees; the business billed by time shall be calculated based on the successful receipt of the business by the customer; business subject to monthly payment shall be based on customer’s true ordering. Party A shall deduct from the payable information fee, the amount of information fee refused to be paid by any users due to Party B’s service quality. 7.3 Billing cycle: the statistic cycle of total amount of Party B’s information fee on Party A’s billing system is normally based on calendar month, starting from 0 o’clock on the 1st day of a calendar month and ending at 24 o’ clock on the last day of such month. 7.4 Mode of distribution: the cooperation may be divided into two categories, content cooperation and channel cooperation, according to the different rights and responsibilities of the Parties in the cooperation. 7.4.1 Detailed rules for content cooperation settlement 7.4.1.1 All kinds of communication fee income incurred from the user’s or Party B’s use of communication network shall belong to Party A in full amount. 7.4.1.2 8% (or the actual bad debt rate if such actual rate exceeds 8%) of the receivable information fees in the corresponding month will be allocated and deducted as the provisions for bad debts. 7.4.1.3 Party A will deduct the expenses for fee collection at the percentage provided in the agreement executed with the fee collection agent (the current sharing percentage of China Telecom is 15%, and the sharing percentage of other fee collection channels shall be calculated as actually incurred). 7.4.1.4 After the bad debt provisions and the part allocated to the fee collection agent are deducted from the total revenue, Party B will obtain 70% of the remaining revenue (total revenue * (1 – bad debt rate) * (1 – sharing percentage for fee collection channel) * 70%). 7.4.1.5 The Parties shall jointly determine the sett...

Billing and Settlement. 2.1 PMCL shall record the number and total duration of Calls (which for the purposes hereof mean successful Calls) and Short Messages from (or through) the Operator Network to the PMCL Network. Operator shall record the number and total duration of Calls and Short Messages from the PMCL Network to the Operator Network. PMCL shall be responsible for invoicing Operator in respect of Calls and Short Messages (where applicable) to PMCL Network in accordance with Annex B, Annex D and this Annex E. Operator shall be responsible for invoicing PMCL in respect of Calls and Short Messages (where applicable) to Operator Network from the PMCL Network in accordance with Annex B, Attachment A3, Annex D and this Annex E. Each Party is responsible for recording data for traffic from their own Network for the purpose of verifying the invoiced amounts. 2.2 The invoice shall be sent in the form set out in Attachment E1 (which form may be amended from time to time by PMCL taking into account Services for which Charges are to be invoiced) along with a billing statement as set out in Attachment E2 (which form may be amended from time to time by the PMCL taking into account Services for which Charges are to be invoiced) and CDRs in support of the invoice. The Parties shall use reasonable endeavours to ensure that the bill/invoice is issued within fifteen (15) Calendar Days after the end of the Billing Period for which the bill / invoice is made. The determination of the amount due shall include: (a) The total Call traffic measured in minutes at each Interconnection Site during the Billing Period in accordance with provisions of Clause 3.5 of Schedule B1. All traffic should be presented by traffic type (local, long-distance, international etc. as feasible); (b) Short Message traffic at each Interconnection Site during the Billing Period (if such traffic is chargeable at that time by the invoicing Party); and (c) The payable amount for such traffic shall be calculated using the rates given in Annex D, and Attachment A3 as the case may be. In addition, the due amounts for other Services shall also be presented wherever applicable. (d) The Charges, if any, for Co-Location services and Intra-Building circuits shall be billed in accordance with the rates set out in Annex D (and which need not be in relation to the Billing Period only but shall be in accordance with Schedule C8). (e) Each Party shall be responsible fully for any tax imposed by the Federal, Provincial or local Governmen...