Consolidated Billing Sample Clauses

Consolidated Billing. Xxxxx agrees that Seller shall have the right, in its sole discretion, to enroll the System and Xxxxx’s account identified in Schedule 1 into the Utility’s consolidated (net crediting) billing program, as described in Case 19-M-0463, In the Matter of Consolidated Billing for Distributed Energy Resources (the “Consolidated Billing Program”). Under the Consolidated Billing Program, the monthly Payments due under Section 5.1 shall be automatically taken from the Credits Buyer receives on its utility bill and paid to Seller by the Utility. Upon the System’s entry into the Consolidated Billing Program, the invoice and payment language included in this Agreement will cease effect and be superseded by the consolidated billing procedures, unless and until the System and/or Buyer’s account is removed from the Consolidated Billing Program.
Sample 1
AutoNDA by SimpleDocs
Consolidated Billing. Client wishes to receive a single consolidated xxxx from Qualivis for all services performed by Agencies under this Agree- ment and the Qualivis-Agency Agreement. Accordingly, Client and Qualivis agree that Sections 5.1 and 5.2 of the Qualivis-Agency Agreement are hereby deleted in their entirety the following terms shall apply to work performed under the Agreement and the Qualivis-Agency Agreement in lieu of those sections: a. Consolidated Billing, Timekeeping, And Payment Terms. Agency will require Agency Staff to accurately record and submit time entries using a method designated by Qualivis. Client is responsible for approving the time worked by Agency Staff. Each week, Client will provide Qualivis with approved weekly time records for all Agency Staff in an electronic or other format acceptable to Qualivis by noon on the Tuesday following the end of the workweek. The time records shall reflect all time worked by each Agency Staff (including the start and stop times of each work period and start and stop times of each meal period) as well as any other billable hours (such as on-call time). If Client fails to timely provide or otherwise promptly approve or object to time records, the time records submitted by the Agency Staff Qualivis or an Agency will be presumed accurate. Qualivis will send an invoice to the contact designated by Client on a bi-weekly basis through a single, consolidated invoice covering all services performed for a given weekly billing period by all Agencies. Client shall pay the invoices to Qualivis within net thirty (30) days of invoice date, with interest of two percent (2%) per month on balances past due. Client shall not pay Agencies directly for any services performed under this Agreement. Client and Agency must direct all communications regarding invoicing, billing or payment issues involving Consolidated Billing Clients to Qualivis and may not contact each other directly regarding such issues without prior consent from Qualivis, which shall not be unreasonably withheld. This section shall also apply to provide for consolidated billing by Qualivis of the Direct Hire fees described in section 5.4, notwithstanding anything to the contrary in Section 5.4.
Sample 1
Consolidated Billing. If You have authorized Provider to provide you with consolidated billing, and if Provider is not restricted by the Tariff or applicable law, within ninety (90) days following the Effective Date, Provider will provide you with consolidated billing as part of the Services. This means that Provider will (i) receive Your xxxx from the Electric Utility on Your behalf; (ii) consolidate the charges therein with any applicable savings from the Program and any amounts You owe to Provider, including for its allocation of Xxxx Credits to You pursuant to this Agreement, calculated as the Monthly Allocation multiplied by the Subscription Rate; (iii) send You one consolidated monthly xxxx; and
Sample 1
Consolidated Billing. “Consolidated Billing” means the utility net crediting process of subtracting the applicable Bill Credit Payment from the net of Customer’s total Bill Credits, in accordance with the New York Public Service Commission’s December 12, 2019 Order Regarding Consolidated Billing for Community Distributed Generation in Case 19-M-0463, as may be amended and supplemented by subsequent New York Public Service Commission Orders. Notwithstanding anything to the contrary, under the Program, we can elect to sign up for Consolidated Billing at any time once Consolidated Billing has been implemented by the Utility. For all Production Months in respect to which we have elected to participate in Consolidated Billing, the Utility will credit you ten percent (10%) (the “Bill Credit Savings Rate”) multiplied by the total Bill Credits attributable to the Customer’s Solar Output for the Production Month as determined pursuant to this Agreement. The remaining Bill Credits (minus any administrative fees) would go directly to us. Thus, you would only see the Bill Credit savings on your electric bill. For Production Months under Consolidated Billing, you shall not owe the Bill Credit Payment nor shall you receive a separate Invoice from us.
Sample 1
Consolidated Billing. Peoples shall xxxx the Ratepayer for transportation Initial if selected
Sample 1
Consolidated Billing. Secondary Supplier will utilize Xxxxx Services’ time documents/cards for all of Secondary Supplier’s employees assigned to Customer’s location. Secondary Supplier agrees it is its responsibility to obtain all critical information to complete such time documents, audit its employees’ completed time documents, and submit to the local Xxxxx on-site staff at Customer’s location, or if instructed, directly to Xxxxx Services’ Secondary Supplier Processing Area (SSPA) for payment.
Sample 1
Consolidated Billing. Consolidated Billing is not yet available in Maryland but should become available on or before January 1, 2026. You authorize us to sign you up with the Utility for Consolidated Billing once it becomes available. Under Consolidated Billing, the Utility will collect our charge from you for your discounted Solar Bill Credits and forward it to us.
Sample 1
AutoNDA by SimpleDocs

Related to Consolidated Billing

  • Consolidated Fixed Charges On any date of determination, the sum of (a) Consolidated Interest Expense for the period of two (2) fiscal quarters most recently ended annualized (both expensed and capitalized), plus (b) all of the principal due and payable and principal paid with respect to Indebtedness of REIT, the Borrower and their respective Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness in full and any voluntary full or partial prepayments prior to stated maturity thereof, plus (c) all Preferred Distributions paid during such period, plus (d) the principal payment on any Capital Lease Obligations. Such Person’s Equity Percentage in the fixed charges referred to above of its Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries shall be included (without duplication) in the determination of Consolidated Fixed Charges.

  • Consolidated Excess Cash Flow Subject to Section 2.14(g), if there shall be Consolidated Excess Cash Flow for any Fiscal Year beginning with the Fiscal Year ending December 31, 2018, the Borrowers shall, within ten Business Days of the date on which the Borrowers are required to deliver the financial statements of Holdings and its Restricted Subsidiaries pursuant to Section 5.1(b), prepay the Loans and/or certain other Obligations as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow minus (ii) voluntary prepayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)); provided, if, as of the last day of the most recently ended Fiscal Year, the Consolidated Total Net Leverage Ratio (determined for such Fiscal Year by reference to the Compliance Certificate delivered pursuant to Section 5.1(c) calculating the Consolidated Total Net Leverage Ratio as of the last day of such Fiscal Year) shall be (A) less than or equal to 4.50:1.00 but greater than 4.00:1.00, the Borrowers shall only be required to make the prepayments and/or reductions otherwise required hereby in an amount equal to (1) 25% of such Consolidated Excess Cash Flow minus (2) voluntary repayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)) and (B) less than or equal to 4.00:1.00, the Borrowers shall not be required to make the prepayments and/or reductions otherwise required by this Section 2.14(e).

  • Consolidated Total Liabilities All liabilities of the Borrower and its Subsidiaries determined on a consolidated basis in accordance with generally accepted accounting principles and all Indebtedness of the Borrower and its Subsidiaries, whether or not so classified.

  • Consolidated or Combined Tax Returns SpinCo will elect and join, and will cause its respective Affiliates to elect and join, in filing any Parent State Combined Income Tax Returns and any Joint Returns that Parent determines are required to be filed or that Parent chooses to file pursuant to Section 4.02(b). With respect to any SpinCo Separate Returns relating to any Tax Period (or portion thereof) ending on or prior to the Distribution Date, SpinCo will elect and join, and will cause its respective Affiliates to elect and join, in filing consolidated, unitary, combined, or other similar joint Tax Returns, to the extent each entity is eligible to join in such Tax Returns, if Parent reasonably determines that the filing of such Tax Returns is consistent with past reporting practices or otherwise so requests.

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Consolidated Net Worth The Company will not at any time permit Consolidated Net Worth to be less than the sum at such time of (a) US$4,500,000,000 and (b) commencing with the fiscal quarter beginning on January 1, 2007, 50% of the Company’s Consolidated Net Income for each fiscal quarter of the Company for which Consolidated Net Income is positive and for which financial statements shall have been delivered under Section 5.01(a) or (b).”

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated Net Income The consolidated net income of the Borrowers after deduction of all expenses, taxes, and other proper charges, determined in accordance with GAAP.

  • Consolidated Capital Expenditures (i) Company will not, and will not permit any of its Subsidiaries to, make or commit to make Consolidated Capital Expenditures in any Fiscal Year, beginning with the Fiscal Year ending December 31, 2003, except Consolidated Capital Expenditures which do not aggregate in excess of the corresponding amount set forth below opposite such Fiscal Year: Fiscal Year ending December 31, 2003 $ 5,000,000 Fiscal Year ending December 31, 2004 $ 5,000,000 Fiscal Year ending December 31, 2005 and each Fiscal Year thereafter $ 7,000,000 provided that (a) if the aggregate amount of Consolidated Capital Expenditures actually made in any such Fiscal Year shall be less than the limit with respect thereto set forth above (before giving effect to any increase therein pursuant to this proviso) (the “Base Amount”), then the amount of such shortfall (up to an amount equal to 50% of the Base Amount for such Fiscal Year, without giving effect to this proviso) may be added to the amount of such Consolidated Capital Expenditures permitted for the immediately succeeding Fiscal Year and any such amount carried forward to a succeeding Fiscal Year shall be deemed to be used prior to Company and its Subsidiaries using the amount of capital expenditures permitted by this section in such succeeding Fiscal Year, without giving effect to such carryforward and (b) for any Fiscal Year (or portion thereof) following any acquisition of a business (whether through the purchase of assets or of shares of capital stock) permitted under subsection 6.7, the Base Amount for such Fiscal Year (or portion) shall be increased, for each such acquisition, by an amount equal to the product of (A) the lesser of (x) $5,000,000 and (y) 4% of revenues of the business acquired in such acquisition for the period of four Fiscal Quarters most recently ended on or prior to the date of such business acquisition multiplied by (B) (x) in the case of any partial Fiscal Year, a fraction, the numerator of which is the number of days remaining in such Fiscal Year after the date of such business acquisition and the denominator of which is 365 (or 366 in a leap year), and (y) in the case of any full Fiscal Year, 1. (ii) The parties acknowledge and agree that the permitted Consolidated Capital Expenditure level set forth in clause (i) above shall be exclusive of the amount of Consolidated Capital Expenditures actually made with the proceeds of a cash capital contribution to Company (including the proceeds of issuance of equity securities) made by Parent from the issuance by Parent of its equity Securities after the Closing Date and specifically identified in a certificate delivered by an Authorized Officer of Company to Administrative Agent on or about the time such capital contribution is made; provided that, to the extent any such cash capital contributions constitute Net Securities Proceeds after the Closing Date, only that portion of such Net Securities Proceeds which is not required to be applied as a prepayment pursuant to Section 2.4B(ii)(c) (or pursuant to the First Lien Credit Agreement) may be used for Consolidated Capital Expenditures pursuant to this clause (ii).

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!