Common use of Invoice and Payments Clause in Contracts

Invoice and Payments. 5.1 For Transmission and Wheeling Services provided to the Open Access User under this Agreement, the TSDISCOM will charge and xxxx the Open Access User for all charges as specified in clause 17 of the regulation as applicable and the Open Access User will pay TSDISCOM in accordance with the rates / charges specified by the Commission or the Nodal Agency (in case of congestion) from time to time, on the basis of the settlement statement determined in accordance with the Balancing and Settlement Code approved by the Commission as amended from time to time. In the event of the usage of the transmission system of TSTRANSCO along with the distribution system of the TSDISCOM by the Open Access User, the TSDISCOM shall pass on the appropriate charges to TSTRANSCO within 15 days of the receipt of the charges by the TSDISCOM, in accordance with Clause 18 of the Regulation.

Invoice and Payments. 5.1 For Transmission and Wheeling Services provided to the Open Access User under this Agreement, the TSDISCOM will charge and xxxx bill the Open Access User for all charges as specified in clause 17 of the regulation as applicable and the Open Access User will pay TSDISCOM in accordance with the rates / charges specified by the Commission or the Nodal Agency (in case of congestion) from time to time, on the basis of the settlement statement determined in accordance with the Balancing and Settlement Code approved by the Commission as amended from time to time. In the event of the usage of the transmission system of TSTRANSCO along with the distribution system of the TSDISCOM by the Open Access User, the TSDISCOM shall pass on the appropriate charges to TSTRANSCO within 15 days of the receipt of the charges by the TSDISCOM, in accordance with Clause 18 of the Regulation.

Invoice and Payments. 5.1 For Transmission and Wheeling Services provided to the Open Access User open access user under this Agreement, the TSDISCOM will charge and xxxx bill the Open Access User open access user for all charges as specified in clause 17 22 of the regulation as applicable and the Open Access User open access user will pay TSDISCOM in accordance with the rates / rates/charges specified by the Commission or the State Nodal Agency (in case of congestion) from time to time, on the basis of the settlement statement determined in accordance with the Balancing and Settlement Code procedure approved by the Commission in the Regulation and as amended from time to time. In the event of the usage of the transmission system of TSTRANSCO along with the distribution system of the TSDISCOM by the Open Access Useropen access user, the TSDISCOM shall pass on the appropriate charges to TSTRANSCO within 15 days of the receipt of the charges by the TSDISCOM, in accordance with Clause 18 of the Regulation.