Calculation and Payment of Charges. 5.1 From the date on which the User becomes entitled to receive a payment for the export of energy onto the NI System the User shall pay to SONI charges plus Value Added Tax pursuant to this Clause 5 and Schedule 2. The User shall notify XXXX in writing of the date on which charges shall become due under this Clause 5 not less than 14 days prior to the said date. XXXX shall be entitled to require, and the User where so required shall give, evidence to XXXX’s satisfaction confirming that charges payable under this Clause 5 have not been incurred. 5.2 SONI may, to the extent permitted by its Licence or other Industry Arrangements (as applicable to the charges in question), revise its charges or the basis of their calculation. The User shall pay use of system charges, which have been costed by XXXX in relation to the Connection Point in accordance with the Statement. 5.3 As soon as reasonably practicable after the end of each Charging Period SONI shall deliver to the User an invoice showing the charges payable in respect of that Charging Period. 5.4 The User shall pay each invoice in full within 10 Business Days of its date and SONI shall be entitled to charge interest on the amount unpaid after expiry of the said 10 days at the rate specified in Schedule 2 compounded on a quarterly basis.
Appears in 2 contracts
Samples: Transmission Use of System Agreement, Transmission Use of System Agreement
Calculation and Payment of Charges. 5.1 From the date on which the User becomes entitled to receive a payment for the export of energy onto the NI System the User shall pay to SONI charges plus Value Added Tax pursuant to this Clause 5 and Schedule 2. The User shall notify XXXX in writing of the date on which charges shall become due under this Clause 5 not less than 14 days prior to the said date. XXXX shall be entitled to require, and the User where so required shall give, evidence to XXXX’s satisfaction confirming that charges payable under this Clause 5 have not been incurred.
5.2 SONI may, to the extent permitted by its Licence or other Industry Arrangements (as applicable to the charges in question), revise its charges or the basis of their calculation. The User shall pay use of system charges, which have been costed by XXXX in relation to the Connection Point (and the associated Relevant Bulk Supply Point) in accordance with the Statement.
5.3 As soon as reasonably practicable after the end of each Charging Period SONI shall deliver to the User an invoice showing the charges payable in respect of that Charging Period.
5.4 The User shall pay each invoice in full within 10 Business Days of its date and SONI shall be entitled to charge interest on the amount unpaid after expiry of the said 10 days at the rate specified in Schedule 2 compounded on a quarterly basis.
Appears in 2 contracts
Samples: Transmission Use of System Agreement, Transmission Use of System Agreement
Calculation and Payment of Charges. 5.1 From the date on which the User becomes entitled to receive a payment for the export of energy onto the NI System the User shall pay to SONI charges plus Value Added Tax pursuant to this Clause 5 and Schedule 2. The User shall notify XXXX SONI in writing of the date on which charges shall become due under this Clause 5 clause not less than 14 days prior to the said date. XXXX SONI shall be entitled to require, and the User where so required shall give, evidence to XXXXSONI’s satisfaction confirming that charges payable under this Clause 5 clause have not been incurred.
5.2 SONI may, to the extent permitted by its Licence or other Industry Arrangements (as applicable to the charges in question), revise its charges or the basis of their calculation. The User shall pay use of system charges, which have been costed by XXXX SONI in relation to the Connection Point in accordance with the Statement.
5.3 As soon as reasonably practicable after the end of each Charging Period SONI shall deliver to the User an invoice showing the charges payable in respect of that Charging Period.
5.4 The User shall pay each invoice in full within 10 Business Days of its date and SONI shall be entitled to charge interest on the amount unpaid after expiry of the said 10 days at the rate specified in Schedule 2 compounded on a quarterly basis.
Appears in 1 contract
Samples: Transmission Use of System Agreement
Calculation and Payment of Charges. 5.1 From the date on which the User becomes entitled to receive a payment for the export of energy onto the NI System the User shall pay to SONI charges plus Value Added Tax pursuant to this Clause 5 and Schedule 2. The User shall notify XXXX in writing of the date on which charges shall become due under this Clause 5 clause not less than 14 days prior to the said date. XXXX shall be entitled to require, and the User where so required shall give, evidence to XXXX’s satisfaction confirming that charges payable under this Clause 5 clause have not been incurred.
5.2 SONI may, to the extent permitted by its Licence or other Industry Arrangements (as applicable to the charges in question), revise its charges or the basis of their calculation. The User shall pay use of system charges, which have been costed by XXXX in relation to the Connection Point (and the associated Relevant Bulk Supply Point) in accordance with the Statement.
5.3 As soon as reasonably practicable after the end of each Charging Period SONI shall deliver to the User an invoice showing the charges payable in respect of that Charging Period.
5.4 The User shall pay each invoice in full within 10 Business Days of its date and SONI shall be entitled to charge interest on the amount unpaid after expiry of the said 10 days at the rate specified in Schedule 2 compounded on a quarterly basis.
Appears in 1 contract
Samples: Transmission Use of System Agreement