Common use of Delivery and Content of Monthly Bills Clause in Contracts

Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx for the immediately preceding Month not later than ten (10) days of the next Month. In case the Monthly Xxxx for the immediately preceding Month issued after ten (10) days of the next Month, the Due Date for payment of such Monthly Xxxx shall be extended by thirty (30) days. Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Provided further that if a Monthly Xxxx is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx prepared as detailed in Schedule 5 of the PPA, shall include the following; i) Provisional Xxxx for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments; ii) Late Payment Surcharge, if any; and iii) Taxes, Duties, Levies etc as applicable.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx for the immediately preceding Month not later than ten four (104) days of the next Month. In case the Monthly Xxxx for the immediately preceding Month issued after ten four (104) days of the next Month, the Due Date for payment of such Monthly Xxxx shall be extended by thirty (30) days. days from such date Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Month Provided further that if a Monthly Xxxx is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx prepared as detailed in Schedule 5 of the PPA, shall include the following; i) a. Provisional Xxxx for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments; ii) Late Payment Surcharge, if any; and iii) Taxes, Duties, Levies etc as applicable.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx Bill for the immediately preceding Month not later than ten (10) days of the next Month. In case the Monthly Xxxx Bill for the immediately preceding Month issued after ten (10) days of the next Month, the Due Date for payment of such Monthly Xxxx Bill shall be extended by thirty (30) days. Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Provided further that if a Monthly Xxxx Bill is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx Bill prepared as detailed in Schedule 5 of the PPA, shall include the following; i) Provisional Xxxx Bill for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(sBill(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments; ii) Late Payment Surcharge, if any; and iii) Taxes, Duties, Levies etc as applicable.

Appears in 1 contract

Samples: Power Purchase Agreement

Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx Bill for the immediately preceding Month not later than ten (10) days of the next Month. In case the Monthly Xxxx Bill for the immediately preceding Month issued after ten (10) days of the next Month, the Due Date for payment of such Monthly Xxxx Bill shall be extended by thirty (30) days. Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Provided further that if a Monthly Xxxx Bill is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx Bill prepared as detailed in Schedule 5 of the PPA, shall include the following; i) Provisional Xxxx Bill for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(sBill(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments; ii) Late Payment Surcharge, if any; and and iii) Taxes, Duties, Levies etc as applicable.

Appears in 1 contract

Samples: Power Purchase Agreement

Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx Bill for the immediately preceding Month not later than ten four (104) days of the next Month. In case the Monthly Xxxx Bill for the immediately preceding Month issued after ten four (104) days of the next Month, the Due Date for payment of such Monthly Xxxx Bill shall be extended by thirty (30) days. days from such date Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Month Provided further that if a Monthly Xxxx Bill is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx Bill prepared as detailed in Schedule 5 of the PPA, shall include the following; i) a. Provisional Xxxx Bill for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(sBill(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments; ii) Late Payment Surcharge, if any; and iii) Taxes, Duties, Levies etc as applicable.

Appears in 1 contract

Samples: Power Purchase Agreement (Ppa)

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Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx Bill for the immediately preceding Month not later than ten four (104) days of the next Month. In case the Monthly Xxxx Bill for the immediately preceding Month issued after ten four (104) days of the next Month, the Due Date for payment of such Monthly Xxxx Bill shall be extended by thirty (30) days. days from such date Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx Bill shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Month Provided further that if a Monthly Xxxx Bill is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx Bill prepared as detailed in Schedule 5 of the PPA, shall include the following; i) a. Provisional Xxxx Bill for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(sBill(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments; ii) b. Late Payment Surcharge, if any; and iii) and c. Taxes, Duties, Levies etc etc. as applicable.

Appears in 1 contract

Samples: Power Purchase Agreement

Delivery and Content of Monthly Bills. 10.2.1 The Seller shall issue to each Procurer a signed Monthly Xxxx for the immediately preceding Month not later than ten (10) days of the next Month. In case the Monthly Xxxx for the immediately preceding Month issued after ten (10) days of the next Month, the Due Date for payment of such Monthly Xxxx shall be extended by thirty (30) days. Provided that: a. if the date of commencement of supply of power falls during the period between the first (1st) day and up to and including the fifteenth (15th) day of a Month, the first Monthly Xxxx shall be issued for the period until the last day of such Month, or b. if, the date of commencement of supply of power falls after the fifteenth (15th) day of a Month, the first Monthly Xxxx shall be issued for the period commencing from the Delivery Date until the last day of the immediately following Month. Provided further that if a Monthly Xxxx is received on or before the second (2nd) day of a Month, it shall be deemed to have been received on the second (2nd) Business Day of such Month. 10.2.2 The Monthly Xxxx prepared as detailed in Schedule 5 of the PPA, shall include the following; i) Provisional Xxxx for Solar PV power supplied in the immediately preceding Month; (a) Adjustments against the Provisional Xxxx(s) based on Energy Accounts for the Solar PV power supplied in the Month(s) preceding to the previous month(s); (b) Any other adjustments to cover changes in open access related charges and any other prior-period adjustments;related ii) Late Payment Surcharge, if any; and iii) Taxes, Duties, Levies etc as applicable.

Appears in 1 contract

Samples: Power Purchase Agreement

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