Common use of Commercial Terms Clause in Contracts

Commercial Terms. From the Supply Commencement Date, BPDB shall pay the Company the monthly Tariff Payment, on or before the Due Date, comprising of Tariff for every Contract Year, determined in accordance with this Section 12 and the Schedule 4.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Commercial Terms. From the Supply Commencement Date, BPDB shall pay the Company the monthly Tariff Payment, on or before the Due Date, comprising of Tariff for every Contract Year, determined in accordance with this Section 12 and the Schedule 4. Provided that for the intermittent scheduling of power in the first month from Supply Commencement Date as per the instructions specified in Section 8, BPDB shall be obliged to make payments to the extent of Energy Charges only to the Company.

Appears in 1 contract

Samples: Power Purchase Agreement

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