Billing Information and Payment Sample Clauses

Billing Information and Payment. 11.1 Calculating Tax Invoices for Distribution Service charges: [The Retailer will provide consumption information, and the Distributor will calculate Distribution Services charges payable by the Retailer, in accordance with the following: (a) the Retailer will provide to the Distributor, by 5:00pm on the 5th Working Day after the end of each month, and in accordance with the EIEP[s] set out in paragraph (b), all information that the Distributor reasonably requires to enable it to calculate the Distribution Services charges payable by the Retailer to the Distributor; (b) the parties acknowledge that the Distributor’s Pricing Policy and Methodology is based on it receiving consumption volume information from the Retailer using:‌ (i) [the [as-billed] [incremental normalised] [replacement normalised] [incremental replacement normalised] reporting methodology, as that methodology is defined in EIEP 1;] (ii) [summary consumption information as described in EIEP 2; and] (iii) [information in respect of half-hour metered ICPs as described in EIEP 3; and] (c) the Distributor will calculate the charges based on the Tariff Rates that apply to each chargeable quantity to which the Tax Invoice relates.
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Billing Information and Payment. Clause 9.1 of the draft DDA requires the trader to provide information to enable the Distributor to calculate Distribution Services charges and prepare Tax Invoices, in accordance with Schedule 2. In some cases however, the Distributor may prefer to use their own information. As such, WEL’s agreement contains the clause that (b) The Distributor may elect, by notice to the Retailer, to use its own information to calculate all or part of the Distribution Services charges payable by the Retailer in accordance with this clause 11. Similarly Vector’s negotiated agreement provides for a pro forma tax invoice to be issued prior to the actual, which is the billing approach for Vector’s Northern network and the preferred billing method for some retailers on Vector’s Auckland network. It would be preferable for the DDA to allow Distributors and Traders to continue their mutually agreed billing approaches, and in any case continue to use their own information and/or estimates having given the trader notice. This avoids having to “wait and see” if the retailer provides its data on time before estimating the tax invoice. In some cases, the ability for the distributor to estimate the invoice may be more timely and efficient.
Billing Information and Payment. Deleted: i 11.1 Calculating Tax Invoices for Distribution Service charges:
Billing Information and Payment 

Related to Billing Information and Payment

  • Billing Information 6.1 NLT and the RL shall provide each other with information within their possession that is necessary to allow them to provide accurate and timely billing to each other and to any other relevant third parties.

  • Holdings Information and Pricing The Adviser shall provide regular reports regarding Fund holdings, and shall, on its own initiative, furnish the Trust and its Board from time to time with whatever information the Adviser believes is appropriate for this purpose. The Adviser agrees to immediately notify the Trust if the Adviser reasonably believes that the value of any security held by a Fund may not reflect its fair value. The Adviser agrees to provide any pricing information of which the Adviser is aware to the Trust, its Board and/or any Fund pricing agent to assist in the determination of the fair value of any Fund holdings for which market quotations are not readily available or as otherwise required in accordance with the 1940 Act or the Trust’s valuation procedures for the purpose of calculating each Fund’s net asset value in accordance with procedures and methods established by the Board.

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