Common use of Deposit Payment Clause in Contracts

Deposit Payment. 7.1. The Customer shall be obliged to pay to the Supplier an amount in lieu of deposit, to ensure repayment of any future debts incurred by Consumption Bills, equal to the estimated Consumption Xxxx for electricity supply of thirty (30) days (including any applicable taxes), which shall amount to at least €50. Deposit payment shall take place upon the parties’ consent, with the Customer paying the amount either upon the signing hereof, or upon issuance of the first Consumption Xxxx. The deposit amount may exceptionally amount to the estimated sum total of three (3) consecutive Consumption Bills in the case of Clients for whom there has been submitted at least twice a statement of deactivation of load meter owing to overdue debts during the last twelve

Appears in 4 contracts

Samples: Electricity Supply Agreement, Electricity Supply Agreement, Electricity Supply Agreement

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Deposit Payment. 7.1. The Customer shall be obliged to pay to the Supplier an amount in lieu of deposit, to ensure repayment of any future debts incurred by Consumption Bills, equal to the estimated Consumption Xxxx Bill for electricity supply of thirty (30) days (including any applicable taxes), which shall amount to at least €50. Deposit payment shall take place upon the parties’ consent, with the Customer paying the amount either upon the signing hereof, or upon issuance of the first Consumption XxxxBill. The deposit amount may exceptionally amount to the estimated sum total of three (3) consecutive Consumption Bills in the case of Clients for whom there has been submitted at least twice a statement of deactivation of load meter owing to overdue debts during the last twelve

Appears in 1 contract

Samples: Electricity Supply Agreement

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