Bills of Miscellaneous Claims. 11.3.1 The Seller shall, within seven (7) days of the receipt of claim pursuant to Clause 9.1 raised by the Purchaser, issue credit note, which shall be adjusted as part of the third (3rd) installment pursuant to Clause 11.1.2. (a). 11.3.2 The bills towards interest charges pursuant to Clause 12 shall be raised by the parties on monthly basis by the tenth (10th) day of the following month and the payment shall be made by fifteenth (15th) day of the same month. 11.3.3 Compensation for short supply/lifting, as calculated in accordance with Clause 3.6, shall be payable by the defaulting Party to the other Party within a period of ninety (90) days from the date of receipt of claim failing which it will attract interest in terms of Clause 12. 11.3.4 After expiry of the Year, the Seller shall submit an invoice to the Purchaser with respect to the Performance Incentive payable in terms of Clause 3.12.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice failing which it will attract interest in terms of Clause 12..
Appears in 5 contracts
Samples: Coal Supply Agreement, Fuel Supply Agreement, Coal Supply Agreement
Bills of Miscellaneous Claims. 11.3.1 12.3.1 The Seller shall, within seven (7) days of the receipt of claim pursuant to Clause 9.1 10.1 raised by the Purchaser, issue credit note, which shall be adjusted as part of the third (3rd) installment pursuant to Clause 11.1.212.1.2. (a).
11.3.2 12.3.2 The bills towards interest charges pursuant to Clause 12 13 shall be raised by the parties on monthly basis by the tenth (10th) day of the following month and the payment shall be made by fifteenth (15th) day of the same month.
11.3.3 12.3.3 Compensation for short supply/lifting, as calculated in accordance with Clause 3.64.6, shall be payable by the defaulting Party to the other Party within a period of ninety (90) days from the date of receipt of claim failing which it will attract interest in terms of Clause 1213.
11.3.4 12.3.4 After expiry of the Year, the Seller shall submit an invoice to the Purchaser with respect to the Performance Incentive payable in terms of Clause 3.12.1 4.12.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice failing which it will attract interest in terms of Clause 1213..
Appears in 4 contracts
Samples: Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement
Bills of Miscellaneous Claims. 11.3.1 12.3.1 The Seller shall, within seven (7) days of the receipt of claim pursuant to Clause 9.1 10.1 raised by the Purchaser, issue credit note, which shall be adjusted as part of the third (3rd) installment pursuant to Clause 11.1.212.1.2. (a).
11.3.2 12.3.2 The bills towards interest charges pursuant to Clause 12 13 shall be raised by the parties on monthly basis by the tenth (10th) day of the following month and the payment shall be made by fifteenth (15th) day of the same month.
11.3.3 12.3.3 Compensation for short supply/lifting, as calculated in accordance with Clause 3.64.6, shall be payable by the defaulting Party to the other Party within a period of ninety (90) days from the date of receipt of claim failing which it will attract interest in terms of Clause 1213.
11.3.4 12.3.4 After expiry of the Year, the Seller shall submit an invoice to the Purchaser with respect to the Performance Incentive payable in terms of Clause 3.12.1 4.12.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice failing which it will attract interest in terms of Clause 12..13.
Appears in 2 contracts
Samples: Fuel Supply Agreement, Modified Model Fuel Supply Agreement
Bills of Miscellaneous Claims. 11.3.1 The Seller shall, within seven (7) days of the receipt of claim pursuant to Clause 9.1 raised by the Purchaser, issue credit note, which shall be adjusted as part of the third (3rd) installment pursuant to Clause 11.1.2. (a).
11.3.2 The bills towards interest charges pursuant to Clause 12 shall be raised by the parties on monthly basis by the tenth (10th) day of the following month and the payment shall be made by fifteenth (15th) day of the same month.
11.3.3 Compensation for short supply/lifting, as calculated in accordance with Clause 3.6, shall be payable by the defaulting Party to the other Party within a period of ninety (90) days from the date of receipt of claim failing which it will attract interest in terms of Clause 12.
11.3.4 After expiry of the Year, the Seller shall submit an invoice to the Purchaser with respect to the Performance Incentive payable in terms of Clause 3.12.1 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice failing which it will attract interest in terms of Clause 12...
Appears in 2 contracts
Samples: Coal Supply Agreement, Coal Supply Agreement
Bills of Miscellaneous Claims. 11.3.1 12.3.1 The Seller shall, within seven (7) days of the receipt of claim pursuant to Clause 9.1 10.1 raised by the Purchaser, issue credit note, which shall be adjusted as part of the third (3rd) installment pursuant to Clause 11.1.212.1.2. (a).
11.3.2 12.3.2 The bills towards interest charges pursuant to Clause 12 13 shall be raised by the parties on monthly basis by the tenth (10th) day of the following month and the payment shall be made by fifteenth (15th) day of the same month.
11.3.3 12.3.3 Compensation for short supply/lifting, as calculated in accordance with Clause 3.64.9, shall be payable by the defaulting Party to the other Party within a period of ninety (90) days from the date of receipt of claim failing which it will attract interest in terms of Clause 1213.
11.3.4 12.3.4 After expiry of the Year, the Seller shall submit an invoice to the Purchaser with respect to the Performance Incentive payable in terms of Clause 3.12.1 4.14 and the Purchaser shall pay the amount so due within thirty (30) days of the receipt of the invoice failing which it will attract interest in terms of Clause 12..13.
Appears in 2 contracts
Samples: Coal Supply Agreement, Coal Supply Agreement
