COST PAYMENTS Sample Clauses

COST PAYMENTS. 9.1 Niagara Mohawk shall invoice Producer at the start of each calendar quarter in an amount equal to Niagara Mohawk's actual costs and expenses for which Niagara Mohawk is to be reimbursed under this Agreement. 9.2 The Producer shall pay Niagara Mohawk within thirty (30) calendar days of receipt of an invoice for all costs reasonably incurred by Niagara Mohawk under this Agreement. 9.2.1 Consistent with applicable Niagara Mohawk Retail Tariff requirements, the Producer shall be responsible for all actual costs that Niagara Mohawk reasonably incurs, including, but not limited to, capital costs, labor (direct and distributable); labor fringe benefits and payroll taxes; invoices for material, contractors, consultants, etc.; employee expenses; storeroom material and handling; any and all costs and expenses resulting from damage to Niagara Mohawk property not otherwise covered by insurance; sales and/or use taxes on invoices and material; transportation; allowance for funds used during construction (“AFUDC”); administrative and general expense (A&G) at the current rate applied to the total of all costs; and state, county, local sales and use taxes applied to the total of all costs and administrative and general and expenses associated with the acquisition, ownership, operation, repair, A&G, inspection, design review, engineering, surveying, project management and coordination, testing of electrical equipment and installation of energy management system remote terminal units and revenue meters, construction, construction monitoring, financing, maintenance, environmental and regulatory permitting and licensing of, taxes and transfer of title of any new facilities and Modifications. 9.2.2 Producer shall be responsible for any and all federal, state, local, and foreign taxes levied or assessed upon Niagara Mohawk for payments made to Niagara Mohawk by Producer for services provided under this Agreement including, but not limited to, the following (to the extent applicable): transfer tax, property tax, federal income tax, and New York State taxes, including New York income or gross receipts, sales and use taxes; provided, however, that Niagara Mohawk shall pay any applicable interest or penalty incurred as a result of Niagara Mohawk’s delay in paying such taxes or seeking reimbursement from Producer. If any form of tax, other than income or excess profits tax, under any present or future federal, state or other law different from or in addition to the taxes for whi...
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COST PAYMENTS. 11.1 PRODUCER shall reimburse NATIONAL GRID for any cost, or expense that will be incurred by NATIONAL GRID pursuant to this AGREEMENT for the acquisition, construction, design and installation of the INTERCONNECTION FACILITY in accordance with the terms of this Article 11 and any tax in accordance with the terms of Article 12. If requested by NATIONAL GRID, such reimbursement shall be made in advance of incurring the aforementioned costs and expenses based on NATIONAL GRID's good faith estimate of such costs and expenses. 11.2 PRODUCER shall pay NATIONAL GRID on a monthly basis for the actual invoiced costs of operation, maintenance, insurance, repair and retirement of the INTERCONNECTION FACILITY. 11.3 PRODUCER agrees to pay all invoices within thirty (30) days from date of the invoice. In accordance with NATIONAL GRID'S P.S.C. 207 Electricity, if any invoice remains unpaid thirty (30) days from the invoice date, NATIONAL GRID shall apply to the unpaid balance, and PRODUCER shall pay, a finance charge at the rate of one and one-half percent (1.5%) per month, but in no event more than the maximum allowed by law. 11.4 PRODUCER shall indemnify, defend and hold harmless NATIONAL GRID for any and all third-party claims, suits, liabilities or damages (including reasonable attorney's fees) arising from NATIONAL GRID obligations under this Agreement, except to the extent said claims, suits, liabilities or damages are caused in whole or in part by the gross negligence or intentional acts or omissions of NATIONAL GRID.
COST PAYMENTS. 11.1 Prior to the start of construction of the INTERCONNECTION FACILITY and the SYSTEM FACILITIES, PRODUCER shall pay to NIAGARA MOHAWK from time to time an amount equal to the reimbursable costs incurred by NIAGARA MOHAWK in connection with the design of such INTERCONNECTION FACILITY and SYSTEM FACILITIES as set forth in itemized invoices provided by NIAGARA MOHAWK detailing such reimbursable costs. Prior to the start of construction of the INTERCONNECTION FACILITY and the SYSTEM FACILITIES and as soon as reasonably practicable, PRODUCER and NIAGARA MOHAWK shall agree upon a schedule of payments by PRODUCER to NIAGARA MOHAWK for reimbursable costs to be incurred by NIAGARA MOHAWK in connection with the construction of the INTERCONNECTION FACILITY and the SYSTEM FACILITIES, which schedule of payments shall be based upon the current estimate of such costs included in Schedule B hereto less reimbursable costs actually paid by PRODUCER to NIAGARA MOHAWK in connection with the design of the INTERCONNECTION FACILITY and the SYSTEM FACILITIES. Such schedule of payments may be modified upon the agreement of each of the parties to reflect the actual costs incurred by NIAGARA MOHAWK. NIAGARA MOHAWK shall review actual charges on a regular basis and invoice PRODUCER accordingly if additional funds are required to pay reimbursable costs (as defined in Section 11.2). At the completion of construction, should the actual out-of-pocket costs incurred by NIAGARA MOHAWK be less than the amount paid to NIAGARA MOHAWK by PRODUCER, NIAGARA MOHAWK shall reimburse PRODUCER accordingly. NIAGARA MOHAWK shall provide itemized invoices detailing all reimbursable costs against PRODUCER’S payments at the time of final billing. PRODUCER agrees to pay all invoices within thirty (30) days from date of the invoice. In accordance with NIAGARA MOHAWK POWER CORPORATION’S P.S.C. 207. Electricity, if any invoice remains unpaid thirty (30) days from the invoice date, NIAGARA MOHAWK shall apply to the unpaid balance, and PRODUCER shall pay, a finance charge at the rate of one and one-half percent (1.5%) per month, but in no event more than the maximum allowed by law. If any invoice remains unpaid for sixty (60) days, NIAGARA MOHAWK shall have no further obligation to perform under this AGREEMENT until all outstanding sums, including interest, have been paid in full. 11.2 Reimbursable costs shall mean the following: (A) All reasonable NIAGARA MOHAWK out-of-pocket costs and expenses associated wi...
COST PAYMENTS. 7.1. INTERCONNECTION CUSTOMER shall reimburse NATIONAL GRID for any cost or expense actually and reasonably incurred by NATIONAL GRID pursuant to this AGREEMENT for the construction, and installation of the INTERCONNECTION FACILITY and SYSTEM FACILITIES in accordance with the terms of this Article 7.3. 7.2. INTERCONNECTION CUSTOMER agrees to pay NATIONAL GRID twenty six thousand dollars ($26,000) a year as total compensation for the operation, maintenance and repair of the INTERCONNECTION FACILITY and SYSTEM FACILITIES by NATIONAL GRID. 7.3. INTERCONNECTION CUSTOMER agrees to pay all invoices within thirty (30) days from date of the invoice. In accordance with NATIONAL GRID's P.S.C. No. 220 Schedule for Electric Service (“PSC No. 220 Electricity Tariff"), if any invoice remains unpaid thirty (30) days from the invoice date, NATIONAL GRID shall apply to the unpaid balance, and INTERCONNECTION CUSTOMER shall pay, a finance charge at the rate of one and one-half percent (1.5%) per month, but in no event more than the maximum allowed by law.
COST PAYMENTS. 8.1 NIAGARA MOHAWK shall invoice PRODUCER at the end of each calendar quarter in an amount equal to NIAGARA MOHAWK'S actual costs and expenses for that quarter for which NIAGARA MOHAWK is to be reimbursed under this AGREEMENT. 8.2 PRODUCER shall reimburse NIAGARA MOHAWK for PRODUCER'S share of all of the following actual costs incurred, consistent with GOOD UTILITY PRACTICE, by NIAGARA MOHAWK after the EFFECTIVE DATE with respect to the INTERCONNECTION FACILITY and Interconnection upgrade facilities: 8.2.1 All NIAGARA MOHAWK costs and expenses associated with the acquisition, ownership, operation, administration, inspection, design review, engineering, surveying, project management and coordination, testing of electrical equipment and installation of EMS-RTU and metering equipment, construction, financing, maintenance, environmental and regulatory permitting and licensing of, taxes and transfer of title and interest to, the INTERCONNECTION FACILITY, and any modified facility. 8.2.2 All NIAGARA MOHAWK costs and expenses in connection with INTERCONNECTION STUDIES related to this INTERCONNECTION FACILITY. 8.2.3 All NIAGARA MOHAWK costs and expenses of acquiring, owning, designing, engineering, constructing, financing, taxes, environmental permitting, and licensing, or any new or modified facilities. 8.2.4 All legal fees and costs incurred by NIAGARA MOHAWK arising out of its exercise of eminent domain powers. 8.2.5 Any capital costs associated with modification performed in accordance with this AGREEMENT. 8.2.6 The PRODUCER shall reimburse NIAGARA MOHAWK for PRODUCER'S share of any and all actual costs or expenses that are incurred consistent with GOOD UTILITY PRACTICE by NIAGARA MOHAWK after the EFFECTIVE DATE pursuant to this AGREEMENT for the operation, maintenance and repair of the INTERCONNECTION FACILITY as follows: 8.2.6.1 Operation, maintenance and repair costs and expenses shall include all actual costs and expenses associated with operation, inspection, engineering and legal services, contract administration, rights-of-way acquisition, administrative and general, working capital (including material adders, overhead charges, and transportation charges), and allowed earnings and/or rates of return approved by a regulatory body having jurisdiction, including but not be limited to, the following: (i) Power Delivery Inspections: Monthly substation inspections by a traveling operator to inspect substation equipment for physical indications of potential pr...
COST PAYMENTS. The cooperatives policy 4205 shall govern the costs of kWh sold and purchased for installations up to 25 kW. Systems above 25 kW, purchases will be made at the cooperatives average avoided cost of power.
COST PAYMENTS. 7.1. PRODUCERINTERCONNECTION CUSTOMER shall reimburse NIAGARA MOHAWKNATIONAL GRID for any cost or expense actually and reasonably incurred by NIAGARA MOHAWKNATIONAL GRID pursuant to this AGREEMENT for the construction, and installation of the INTERCONNECTION FACILITY and SYSTEM FACILITIES in accordance with the terms of this Article 7.3. 7.2. PRODUCERINTERCONNECTION CUSTOMER agrees to pay NIAGARA MOHAWKNATIONAL GRID twenty six thousand dollars ($26,000) a year as total compensation for the operation, maintenance and repair of the INTERCONNECTION FACILITY and SYSTEM FACILITIES by NIAGARA MOHAWKNATIONAL GRID. 7.3. PRODUCERINTERCONNECTION CUSTOMER agrees to pay all invoices within thirty (30) days from date of the invoice. In accordance with NIAGARA MOHAWK POWER CORPORATION'sNATIONAL GRID's P.S.C. 207No. 220 Schedule for Electric Service (“PSC No. 220 Electricity Tariff"), if any invoice remains unpaid thirty (30) days from the invoice date, NIAGARA MOHAWKNATIONAL GRID shall apply to the unpaid balance, and PRODUCERINTERCONNECTION CUSTOMER shall pay, a finance charge at the rate of one and one- halfone-half percent (1.5%) per month, but in no event more than the maximum allowed by law.
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COST PAYMENTS. The parties agree that CAWCD and SNWA may enter into a separate agreement to address financial issues related to the costs of recovery, including, but not limited to capital costs for recovery facilities and operating costs of recovery facilities.
COST PAYMENTS. The Parties shall pay to the other Party, as applicable the 50% of Product Costs within five (5) days of receiving each Product Costs Report.
COST PAYMENTS. The Lessee will pay the Lessor the amount of each on the of each . Payments will be made by to the following address: If the Payment has not been paid within days after agreed payment date,
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