Late Payment Surcharge. In the event of delay in payment of a Monthly Xxxx by Buyer beyond thirty (30) days of its Due Date, a Late Payment Surcharge shall be payable to the SPD at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis subject to such late payment being duly received by Buyer under the PSA from the Buying Entity(ies). The Late Payment Surcharge shall be claimed by the SPD through the Supplementary Xxxx.
Late Payment Surcharge. (1) For payment of Monthly bill by , if paid after Due Date of Payment, a late Payment charge shall be payable by to the SPG on the payment outstanding after the due date at the base rate of Late Payment Surcharge applicable for the period for the first month of default.
Late Payment Surcharge. In the event of payment of a Monthly Bill by the Buying Entity beyond the Due Date, a Late Payment Surcharge (LPS) shall be payable by the Buying Entity to SECI on the outstanding payment as per applicable LPS rule notified by MoP or any subsequent amendments, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “
Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by SECI beyond the Due Date, a Late Payment Surcharge shall be payable by SECI to the SPD on the outstanding payment, at the base rate of Late Payment Surcharge applicable for the period for the first month of default. “
Late Payment Surcharge. In the event of payment of a Monthly Xxxx by the Buying Entity beyond the Due Date, a Late Payment Surcharge shall be payable by the Buying Entity to SECI at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis. The Late Payment Surcharge shall be claimed by SECI through the supplementary bills.
Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by APDCL within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Solar Power Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Solar Power Developer through the Supplementary Xxxx.
Late Payment Surcharge. In the event of delay in payment of a Monthly Xxxx/Supplementary Xxxx by Buying Entity within thirty (30) days beyond its Due Date, a Late Payment Surcharge shall be payable by Buying Entity to Buyer at the rate of 1.25% per month on the outstanding amount calculated on simple interest basis. The Late Payment Surcharge shall be claimed by Buyer through the Supplementary Xxxx.
Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by the Procurers sixty (60) days beyond its due date, a Late Payment Surcharge shall be payable by the Procurers to the Seller at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis. The Late Payment Surcharge shall be claimed by the Seller through the next Monthly Bill.
Late Payment Surcharge. In the event of delay in payment of a monthly xxxx by ESCOM within 30 (thirty) days beyond its Due Date, a late payment surcharge shall be payable to the Developer at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis (“Late Payment Surcharge”). The Late Payment Surcharge shall be claimed by the Developer through the Supplementary Xxxx.
Late Payment Surcharge. In the event of delay in payment of a Monthly Bill by MSEDCL beyond thirty (30) days of its Due Date, a Late Payment Surcharge shall be payable to the SPG at the rate of 1.25% per month on the outstanding amount calculated on a day to day basis. The Late Payment Surcharge shall be claimed by the SPG through the Supplementary Bill.
