Common use of Invoices and Monthly Statement Clause in Contracts

Invoices and Monthly Statement. (a) ARTC will issue the Operator with an Invoice relating to each period from Sunday to the next Saturday (both inclusive), itemising the variable Charges payable for each Scheduled Train Path and variable and flagfall charges for each ad hoc entitlement calculated by reference to Schedule 3 (as amended, if applicable, in accordance with clause 4.4). (b) The Operator will pay to ARTC in full the amount shown in the monthly statement issued by ARTC (such statements specifying the flagfall and variable components of the Charges), such payment to be received by ARTC within 21 days from the date of issue of the statement unless the payment is in dispute.

Invoices and Monthly Statement. (a) ARTC will issue the Operator with an Invoice invoice relating to each period from Sunday to the next Saturday (both inclusive), itemising the variable Charges payable for each Scheduled Train Path and variable and flagfall charges for each ad hoc entitlement calculated by reference to Schedule 3 (as amended, if applicable, in accordance with clause 4.44.5). (b) The Operator will pay to ARTC in full the amount shown in the monthly statement issued by ARTC (such statements specifying the flagfall and variable components of the Charges, together with the excess network occupancy Charges under clause 4.3), such payment to be received by ARTC within 21 twenty one (21) days from the date of issue of the statement unless the payment is in disputestatement.