BILLING PROCEDURE. Each billing month, the Supplier shall submit an invoice to the Company for all Charges provided under this Agreement. The invoice may be transmitted to the Company by any reasonable method requested by the Company. The Company shall make payment for charges incurred on or before the due date shown on the invoice. The due date shall be determined by the Supplier and shall not be less than fifteen (15) calendar-days from the date of transmittal of the invoice. The Parties agree that the Supplier may as part of the routine billing and payment process between the Supplier and the Company “net” or offset any and all amounts which may be due and owing by the Company to the Supplier against any and all amounts which may be due and owing by the Supplier to the Company, as a result of the Supplier’s collection of the Company’s portion of Customer payments pursuant to Article 13 hereof, prior to rendering payment of an invoice to the Company. 12A.3 Billing Corrections. Invoices shall be subject to adjustment for any arithmetic errors, computation errors, meter reading errors, or other errors, provided that the errors become known within the same period of time set forth in the Company's retail tariff under which a comparable adjustment would have been permitted pursuant to the Company’s retail tariff and the Applicable Legal Authorities.
Appears in 6 contracts
Samples: Electric Supplier Agreement, Electric Supplier Agreement, Electric Supplier Agreement
